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Bitcoin ETF segment sees record-tying fifth straight day of outflows


BlackRock’s iShares Bitcoin Trust continues to see daily positive net flows, though its inflow total for a single day hit a new low Wednesday

This post was published at Blockworks

/ Bitcoin, Blackrock, Crypto Currency, ETF

TON’s Justin Hyun Breaks Down The Importance of USDT Coming to Telegram

At Token 2049 in Dubai, The Open Network’s director of investments sat down with Decrypt’s Sander Lutz to discuss what he sees as the game-changing integration of USDT onto TON, and his plans for getting Telegram’s 900 million users to start using crypto in the immediate future.

This post was published at Decrypt

/ Crypto, Crypto Currency, Encryption

FTX empties FTT treasury wallet, transferring assets worth over $250 million

The bankrupt FTX exchange emptied its FTT treasury account to a new wallet address on April 18. Arkham Intelligence’s dashboard showed that the transferred assets from the FTT Treasury wallet include 195.87 million FTT tokens valued at approximately $247 million, 1,938 ETH valued at around $6 million, and 6.36 million JOE tokens worth $3.25 …

This post was published at CryptoSlate

/ Crypto Currency, Economy, ETH, Ftx

Tether Launches USDT on TON Network, Telegram Wallet in Boon for Messaging App

The partnership with Tether is meant to rapidly expand TON’s attractiveness to a broader audience of non-crypto savvy Telegram users.

This post was published at Decrypt

/ Crypto, Crypto Currency, Tether

Volatile Roller Coaster: BTC Jumps to $65K Ahead of Today’s Bitcoin Halving

Bitcoin touched $65,000 as it experienced another jolt of volatility ahead of the BTC halving, set to take place late tonight.

This post was published at Decrypt

SEC Amends Justin Sun Lawsuit to Cite His Extensive Travel in US

The SEC argued that because Justin Sun "traveled extensively" to the U.S., the case falls under the regulator’s jurisdiction.

This post was published at Decrypt

/ Crypto Currency, Government, Law, SEC

Stablecoin distribution reveals liquidity patterns in DeFi

Stablecoins are the foundation of the DeFi ecosystem. Given the relatively high barriers to entry for fiat currencies and the operational complexities associated with bridging Bitcoin into DeFi protocols, they are the crucial conduits through which liquidity flows and fuels the sector. Tracking the distribution of stablecoins and their market caps …

This post was published at CryptoSlate

Bitcoin soars to $65,000 as Israel-Iran sparring looks to conclude

Bitcoin’s price momentarily exceeded $65,000 as the market reacted to seemingly reducing geopolitical tensions between Israel and Iran. During the past week, the crypto industry slumped amid escalating tensions in the Middle East and plunged again in the early hours as news broke of Israel’s retaliation on Iran. However, following the …

This post was published at CryptoSlate

SEC claims Justin Sun’s alleged visits to US grant it personal jurisdiction to pursue legal action

The US SEC filed an amended complaint in its case against Justin Sun and other defendants on April 18, arguing that Justin Sun’s alleged visits to the US should grant it the jurisdiction required to pursue legal action. The regulator alleged that Sun “traveled extensively” to the US while he and several companies carried out …

This post was published at CryptoSlate

/ Crypto Currency, Government, SEC

Bitcoin Price Dives Below $60,000 Less Than 24 Hours Before Halving

Bitcoin fell again late Thursday amid reports of explosions in Iran, and with the quadrennial halving event less than a day away.

This post was published at Decrypt

/ Bitcoin, Crypto Currency, Iran

IMF says Bitcoin has become necessary financial tool for preserving wealth amid financial instability

Bitcoin (BTC) is increasingly serving as a critical channel for cross-border financial flows amid global financial instability, according to a new report by the International Monetary Fund (IMF). The report — called “A Primer on Bitcoin Cross-Border Flows” — sheds light on how the decentralized nature of Bitcoin is being leveraged to …

This post was published at CryptoSlate

/ Bitcoin, BTC, Crypto Currency, Economy, IMF

US lawmakers’ proposed ban on algorithmic stablecoins draws industry backlash

A recent legislative bill introduced by US Senators Cynthia Lummis and Kirsten Gillibrand has drawn the crypto industry’s ire due to a proposed ban on algorithmic stablecoins. Former Blockchain Association member Jake Chervinsky called the Lummis-Gillibrand Payment Stablecoin Act “deeply flawed” on April 17. He warned that the …

This post was published at CryptoSlate

Meta announces Llama 3, launches dedicated AI web portal

Meta announced the launch of Llama 3, the latest version of its large language model (LLM), on April 18, describing it as a “major leap over Llama 2.” The company said it has initially released the first two models of the current version, featuring 8B and 70B parameters, with upcoming models slated to feature 400B parameters. Meta …

This post was published at CryptoSlate

/ Ai, Crypto Currency

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