Stablecoin Project Ethena Labs Bags $4M for USDe Treasury
The stablecoin earns yield by shorting ether futures and capturing funding rates – which have surged in the past two weeks.Source
Bitcoin Is Unlikely to Match Gold’s Allocation in Investors’ Portfolios in Nominal Terms: JPMorgan
The bitcoin spot ETF market could grow to around $62 billion in the next two to three years, the report said.Source
Optimism Sells $89M OP Tokens in Private Transaction
The tokens have been sold to an undisclosed buyer and will be vested for two years.Source
Return of Animal Spirits? Bitcoin Traders Lock $20M in the $200K Call Option
Bitcoin traders are having a relook at the $200,000 call option after a gap of nearly three years.Source
U.S. Will Appeal Do Kwon’s Extradition to South Korea: Report
The U.S. will appeal the ruling of a Montenegro Court to hand Terraform Labs co-founder Do Kwon to South Korea, according to Bloomberg.Source
CoinDesk Brings Consensus to Hong Kong
The announcement comes as Hong Kong works to brand itself as Asia’s digital assets trading hub.Source
Ether Could Run to $10,000 or Higher This Year on Numerous Catalysts: Bitwise
Bitcoin has already climbed to new all-time high while ether is lagging, but previous market cycles suggest change is coming.Source
Bitcoin Ordinals Wallet Oyl Raises $3M With Arthur Hayes, BRC-20 Creator Domo Among Investors
Multiple Ethereum NFT funds were also among the backers, marking their first investment in a Bitcoin-focused company.Source
U.S. Fed Chair Powell Says ‘Nowhere Near’ Pursuing CBDC, Won’t Spy on Americans
Even if the Federal Reserve were close to recommending a central bank digital currency (CBDC) in the U.S., Chair Jerome Powell told lawmakers that the Fed has zero interest in a system in which it would have a view into user data.Source
Solana DeFi Protocol Kamino Sets KMNO Token Airdrop for April
Kamino is the latest Solana-based DeFi protocol to airdrop a token.Source