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Bitcoin Price Slips Below $62,000 as Pre-Halving Momentum Stalls

The price of Bitcoin plunged overnight amid mounting geopolitical tensions and a strong dollar, coupled with pre-halving volatility.

This post was published at Decrypt

OKX launches ETH layer-2 network X Layer following Coinbase’s Base success

Crypto exchange OKX finally opened its Ethereum layer-2 network X Layer mainnet to the general public on April 15. The scaling solution’s testnet was launched in November 2023 to much acclaim and was built with Polygon’s Chain Development Kit (CDK). This toolkit empowers developers to construct their chains using zero-knowledge …

This post was published at CryptoSlate

BlackRock continued inflows narrow gap: just 37,781 BTC separate IBIT from GBTC

Quick Take Farside data indicates that Bitcoin (BTC) Exchange-Traded Funds (ETFs) experienced an outflow of $36.7 million on April 15. Notably, Grayscale GBTC recorded an outflow of $110.1 million, contributing to their total net outflow reaching $16,382.2 billion. Conversely, BlackRock IBIT attracted $73.4 million in inflows, bolstering its net …

This post was published at CryptoSlate

/ Bitcoin, Blackrock, BTC, Crypto Currency, ETF

Gold Beats Its All Time High

Bitcoin (BTC) maintains its trend of reaching higher lows amidst choppy market conditions. Exchange-traded funds (ETFs) witness another influx of $125 million. There’s anticipation of Hong Kong approving ETFs for both Bitcoin and Ethereum (ETH) come Monday. Notable institutional investor BlackRock shows interest in Bitcoin. Recent filings reveal …

This post was published at Decrypt

Runes Will Help Bitcoin DeFi ‘Close the Gap’ on Ethereum, Solana: Franklin Templeton

The investment firm said Runes has the potential to help the broader Bitcoin ecosystem compete against Ethereum and Solana.

This post was published at Decrypt

Short-term holders spark Bitcoin sell-off: Over $2 billion shed at loss to exchanges

Quick Take Bitcoin has experienced a notable downturn in recent days. It is currently trading around $63,000, approximately 15% below its all-time high. The past five days have seen a 10% decline, causing concern among investors. Various factors, such as the US Consumer Price Index (CPI) surpassing expectations and escalating geopolitical tensions …

This post was published at CryptoSlate

Hans Zimmer Composed a Tron ‘Anthem’ for Justin Sun–Yes, Really

Controversial crypto founder Justin Sun now has his own Hollywood anthem, though it’s still unclear whether he paid for it.

This post was published at Decrypt

/ Crypto, Crypto Currency

OKX Launches Ethereum Layer-2 Network in Challenge to Coinbase’s Base

A layer-2 Ethereum scaling network built by OKX has launched mainnet, paving the way for new users with the Polygon-based AggLayer.

This post was published at Decrypt

Bitcoin’s weekend dip shakes out short-term holders

Bitcoin saw a significant dip over the weekend, with BTC dropping from $70,090 on April 11 to $64,400 on April 13. Despite the initial fears of a broader conflict in the Middle East developing and a potential market downturn beginning, Bitcoin’s price managed to stabilize at around $66,000 as of April 15. To understand the nature of these …

This post was published at CryptoSlate

/ Bitcoin, BTC, Crypto Currency, Middle East

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This post was published at Benjamin Cowen

/ Crypto Currency

UK to legislate ‘whole host’ of crypto activities starting in the summer

UK Economic Secretary to the Treasury Bim Afolami said the country is working on legislation for crypto regulations permitting several activities. Speaking at the Innovate Finance Global Summit (IFGS) 2024 on April 15, Afolami emphasized the regulatory regime’s far-reaching nature and said the change would bring a “whole host” of …

This post was published at CryptoSlate

Actors, Record Labels Ink Deal Limiting AI Voice Use

The new agreement builds upon the deal that ended an industry-wide strike, and the union’s chief negotiator says more AI rules are coming.

This post was published at Decrypt

/ Ai, Crypto Currency

Solana Update Brings First Fixes for Congestion Issues

After weeks of failed transactions, Solana might be turning a corner with the launch of a first update for mainnet validators.

This post was published at Decrypt

/ Crypto Currency, Solana

Buenos Aires charges Worldcoin with consumer law violations, warns of $1.2 million fine

The provincial government of Buenos Aires has formally accused Worldcoin of violating consumer laws through “abusive clauses” in its user agreement. According to the notice, Worldcoin’s unfair agreement allegedly allows it to interrupt services without offering repair or reimbursement. The government also claims that Worldcoin …

This post was published at CryptoSlate

/ Crypto Currency, Economy, Government, Law

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