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Investors Fret Over Interest Rates: Digital Asset Outflows Hit $206M
Investors Fret Over Interest Rates: Digital Asset Outflows Hit $206M

Digital asset investment products recorded $206 million in the past week.

Cryptopotato·2024/04/22 22:58
Bitcoin memecoins pushed fees higher than block rewards for first time
Bitcoin memecoins pushed fees higher than block rewards for first time

Miners may not have even noticed the halving took place over the weekend, with fees largely making up the difference so far

Blockworks·2024/04/22 20:22
Bitcoin ETF snapshot: GBTC drives second straight week of outflows
Bitcoin ETF snapshot: GBTC drives second straight week of outflows

The US fund segment snapped a five-day net outflow streak on Friday ahead of the bitcoin halving that night

Blockworks·2024/04/22 20:16
Empire Newsletter: Bitcoin’s turn for memecoin mania
Empire Newsletter: Bitcoin’s turn for memecoin mania

Runes, crypto taxes and Binance’s execs stuck in Nigeria

Blockworks·2024/04/22 20:04
Seamless Protocol launches altcoin-specific DeFi lending market on Base
Seamless Protocol launches altcoin-specific DeFi lending market on Base

The DeFi lender Seamless Protocol launched an altcoin-specific lending market on Coinbase’s Layer 2 network Base. The Base-based altcoins DEGEN and SEAM are the first two tokens supported on the platform.

The Block·2024/04/22 17:13
Magic Eden launches platform for Bitcoin Runes
Magic Eden launches platform for Bitcoin Runes

Quick Take The NFT marketplace Magic Eden launched a new platform for Bitcoin Runes. Magic Eden’s Runes Platform, in beta, lets users swap for BTC and buy Runes and Ordinals with their Magic Eden wallet.

The Block·2024/04/22 15:46
Flash
19:39
According to sources familiar with the matter, Starbucks recently underwent a round of workforce reduction, cutting around 60 positions at its Hong Kong office and approximately 120 positions at its London office.
This adjustment is seen as part of the global coffee chain giant's effort to optimize its global operating structure and improve efficiency. The company stated that this is a regular part of its ongoing evaluation and adjustment of operations to support its long-term growth strategy, aiming to reallocate resources to key growth areas. Despite the personnel changes, Starbucks reaffirmed its unchanged commitment to the relevant markets and will continue to focus on providing a high-quality experience for customers. Market analysts believe this move reflects the dining and retail industry's increasing focus on streamlining operations and enhancing efficiency when faced with cost pressures and growth challenges.
19:23
According to relevant sources, a very large oil tanker is once again sailing from the Persian Gulf towards the Strait of Hormuz after a brief course adjustment.
Tanker tracking data shows that the Desh Vibhor, which had previously appeared to be planning to sail along the southern route recommended by the US military, has now switched to a more northern route, heading towards the Iranian coastline. This super tanker previously performed a turning maneuver, and later adjusted its course again to resume its journey toward the Strait of Hormuz.After the US and Iran signed a temporary peace agreement this Wednesday, the international crude oil market has been closely monitoring the dynamics of oil transportation through the Strait of Hormuz. Although the two countries have reached an agreement, Iran has stated publicly that any vessel without Iranian permission is still prohibited from passing through this waterway.
19:04
The Central Bank of Mexico announced the official exchange rate for the peso, with 1 US dollar convertible to 17.3247 Mexican pesos.
The determination of this official exchange rate will serve as an important reference for cost accounting in Mexico's import and export trade, cross-border consumer settlements, and cross-border capital flows. Relevant market participants may refer to this official pricing when conducting exchange-related transactions between the US dollar and the Mexican peso.
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