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Aave Labs Unveils Major Upgrades and Expansions with Aave V4 Proposal
Aave Labs Unveils Major Upgrades and Expansions with Aave V4 Proposal

Aave V4 would be built with a new architecture to minimize disruptions to third-party integrators.

Cryptopotato·2024/05/02 20:34
BlackRock, Fidelity bitcoin ETFs bleed Wednesday, joining GBTC
BlackRock, Fidelity bitcoin ETFs bleed Wednesday, joining GBTC

The world’s largest asset manager sees BTC fund outflows for the first time, while the most money left Fidelity’s product

Blockworks·2024/05/02 19:37
Time to Buy SHIB? Popular Analyst Bets on a 300% Shiba Inu Price Rally
Time to Buy SHIB? Popular Analyst Bets on a 300% Shiba Inu Price Rally

“Shiba Inu appears to be forming a bull flag on the daily chart,” Ali Martinez argued.

Cryptopotato·2024/05/02 18:49
Bitcoin and ether rally hinges on US economic policy's ability to restrain dollar strength, analysts say
Bitcoin and ether rally hinges on US economic policy's ability to restrain dollar strength, analysts say

Bitcoin has bounced back above the $59,000 mark and ether made a similar brief spike above $3,000 in the past 24 hours.Analysts suggest specific U.S. Federal Reserve and Treasury actions could restrain the dollar’s recent rally, which could be positive for risk assets.

The Block·2024/05/02 16:22
Bitcoin price correction 'very common' if $56K lows hold — Peter Brandt
Bitcoin price correction 'very common' if $56K lows hold — Peter Brandt

Bitcoin bulls see signs of the worst being over as a BTC price bounce gathers pace toward $60,000.

Cointelegraph·2024/05/02 15:16
Pantera Capital invests in The Open Network, looking to capitalize on Telegram users
Pantera Capital invests in The Open Network, looking to capitalize on Telegram users

Pantera Capital has invested in The Open Network (TON). “TON has the capacity to introduce crypto to the masses,” according to the venture firm.

The Block·2024/05/02 14:46
Bitcoin's average daily transaction fees fall back to Ethereum levels after Runes hype subsides
Bitcoin's average daily transaction fees fall back to Ethereum levels after Runes hype subsides

The seven-day moving average of total daily Bitcoin transaction fees has fallen back to the same level as Ethereum following a decline in Runes activity post-halving. Average daily transaction fees on Bitcoin surged to a record $25.8 million on April 24 before falling back to $4.1 million on Wednesday.

The Block·2024/05/02 14:10
Flash
12:25
A whale spent 16.55 million USDC to purchase 234,898 SOL.
According to Odaily, as monitored by Lookonchain, 7 hours ago, a whale spent 16.55 million USDC to purchase 234,898 SOL, with an average purchase price of $70.5.
12:10
After the implementation of the comprehensive agreement between the US and Iran to fully reopen the Hormuz Strait, Iraq immediately requested the operators of its five major oil fields to increase production to pre-war levels, with a final goal of surpassing 3 million barrels per day.
Iraqi Ministry of Oil spokesperson Salim Rikabi revealed that returning to high production levels will be a gradual process, with the specific progress depending on actual operational conditions and the arrangements made by buyers to coordinate tanker loading.
12:10
After the US-Iran agreement, Iraq requests oil fields to start increasing production
A document dated June 19 shows that Basra Oil Co. has requested that the Rumaila, West Qurna-1, West Qurna-2, Zubair, and Artawi oil fields increase production to their maximum available capacity. Iraq Ministry of Oil spokesperson Salim Al-Rikabi said that the restoration of output will be gradual and will depend on operational conditions as well as the arrangements buyers make to load tankers.
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