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Here’s What Will Drive Bitcoin to $150K After the Halving: Standard Chartered
Here’s What Will Drive Bitcoin to $150K After the Halving: Standard Chartered

Kendrick said the liquidation of leveraged positions has cleared a pathway for the crypto market to trend higher and that the market is poised to move up from its current position.

Cryptopotato·2024/04/25 05:31
BlackRock’s Bitcoin ETF daily inflow hits $0 for the first time
BlackRock’s Bitcoin ETF daily inflow hits $0 for the first time

BlackRock’s Bitcoin ETF inflow streak ended on April 24 after IBIT recorded no inflows for the day, according to data from Farside.

Cointelegraph·2024/04/25 05:04
U.S. spot Bitcoin ETFs see daily net outflow of $120 million
U.S. spot Bitcoin ETFs see daily net outflow of $120 million

Total net outflows of 11 U.S. spot bitcoin ETFs stood at $120 million on Wednesday.Eight spot Bitcoin funds, including BlackRock’s IBIT, saw zero flows, which analysts say is normal.

The Block·2024/04/25 04:58
Points farming comes for Bitcoin as Merlin becomes 9th-largest chain
Points farming comes for Bitcoin as Merlin becomes 9th-largest chain

The Merlin Chain Bitcoin layer-2 grew by roughly 2,000% in the past month

Blockworks·2024/04/25 04:40
DePin projects have gained momentum on Solana blockchain
DePin projects have gained momentum on Solana blockchain

Blockchain technology is being used to incentivize community building in the real world

Blockworks·2024/04/25 04:40
Morgan Stanley may explore allowing brokers to recommend Bitcoin ETFs
Morgan Stanley may explore allowing brokers to recommend Bitcoin ETFs

The brokerage firm is laying out risk managing requirements for solicited purchases of Bitcoin ETFs, AdvisorHub reported.

The Block·2024/04/25 04:22
Flash
01:44
According to CCTV Finance, driven by factors such as a stronger US dollar, international gold and silver prices fell on Friday.
The price of gold futures for August delivery on the New York Mercantile Exchange fell more than 1.7% late in the session; the price of silver futures for July delivery dropped over 2%. As the NYMEX closed trading early, there was no closing price for New York gold and silver futures that day. For the week, as the Federal Reserve delivered a stronger-than-expected "hawkish" signal, the US dollar index strengthened significantly, putting pressure on non-interest-bearing assets. The main gold futures contract price on the New York Mercantile Exchange edged up by 0.17% this week; the main silver futures contract price on the New York Mercantile Exchange fell by 2.43% this week. Since silver possesses both financial and industrial characteristics, the expectation of further Federal Reserve rate hikes and weakening global industrial demand have combined to cause a more significant decline in silver prices.
01:37
Data: F2Pool co-founder suspected of accumulating over $33.41 million in ETH and WBTC
According to ChainCatcher, monitored by Ai Yi, F2Pool co-founder Wang Chun is suspected to have accumulated additional ETH and WBTC worth approximately $3.3411 million over the past 15 hours. It is suspected that he increased his holdings by 11,448.4 ETH, valued at about $19.35 million, with an average withdrawal price of around $1,690; meanwhile, he also allegedly added 224.66 WBTC, worth approximately $14.05 million, with an average withdrawal price of about $62,554.
01:14
America's Car-Mart stated that its ongoing evaluation of strategic alternatives cannot guarantee that it will result in any transaction or other concrete outcome.
The company pointed out that the review process may not lead to changes in business strategy, capital structure, operating model, or ownership. Market participants should pay attention to relevant developments, but should be aware that the potential outcomes are highly uncertain. This evaluation aims to explore various possibilities for enhancing shareholder value; however, the company has not set a timetable for completing the review and has not committed to disclosing any subsequent decisions.
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