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Spot bitcoin ETFs see reduced daily outflows, totaling $34 million
Spot bitcoin ETFs see reduced daily outflows, totaling $34 million

Spot bitcoin exchange-traded funds (ETFs) in the U.S. experienced a net outflow of $34.4 million on Thursday.

The Block·2024/05/03 05:34
Eigen Foundation to distribute extra $1,000 in EIGEN to token holders, following airdrop backlash
Eigen Foundation to distribute extra $1,000 in EIGEN to token holders, following airdrop backlash

EIGEN airdrop recipients will get at least 100 EIGEN, worth roughly $1,000 as of the time of writing. EigenLayer clarifies that investor tokens will start vesting after token transferability starts, beginning sometime after September 30. The airdrop plan changes come after the Eigen Foundation faced widespread criticism over its airdrop.

The Block·2024/05/03 00:58
Friend.Tech delays FRIEND airdrop distributions to Sunday
Friend.Tech delays FRIEND airdrop distributions to Sunday

Quick Take Friend.Tech on Thursday revealed that its $5 million FRIEND airdrop has been delayed, with distributions likely to hit recipients’ wallets on Sunday, May 5.

The Block·2024/05/03 00:58
Crypto-friendly Reps. Nickel and Flood urge SEC to give the green light to options on spot bitcoin ETFs
Crypto-friendly Reps. Nickel and Flood urge SEC to give the green light to options on spot bitcoin ETFs

Quick Take In a letter sent to SEC Chair Gary Gensler on Wednesday, the two lawmakers pointed to the agency’s January approval of spot bitcoin ETFs, which has so far brought in billions of dollars.

The Block·2024/05/02 23:04
Dorsey's Block to invest 10% of bitcoin profits into BTC each month, shares rise on Q1 earnings beat
Dorsey's Block to invest 10% of bitcoin profits into BTC each month, shares rise on Q1 earnings beat

Block will be investing 10% of its gross profit from bitcoin products into bitcoin purchases on a monthly basis.The company reported a top- and bottom-line first-quarter earnings beat.

The Block·2024/05/02 22:22
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
Flash
14:51
BlackRock: Bitcoin May Be Viewed as a Supplementary Investment Tool
Odaily reported that BlackRock posted on X, stating that Bitcoin's role in investment portfolios is evolving and may be considered a complementary diversification tool. BlackRock believes that a moderate allocation (typically around 1-2%) could influence the portfolio's return potential while maintaining appropriate risk tolerance.
14:43
EF researcher Justin Drake: Vitalik will join the Strawmap architecture team, and Ethereum block rewards will further decrease
Foresight News reported that Ethereum Foundation researcher Justin Drake posted on Twitter about several recent developments, including: Justin Drake has agreed to provide pro bono consulting for a potential $100 million Ethereum public goods fund, with further details to be announced soon. In addition, a team of five people, including Vitalik and Justin Drake himself, will join the architecture team for the Strawmap roadmap draft. Finally, an EIP aimed at reducing Ethereum block rewards will soon be released. This EIP will ultimately lower the Ethereum block reward to 0.25 ETH, and block rewards will no longer be issued when the amount of Ethereum staked exceeds 50% of the total supply.
14:43
US Stock Movement: Carnival Cruise drops over 10% as adjusted Q3 profit guidance falls short of expectations
Glonghui, June 23 — Carnival Cruise (CCL.US) once fell by more than 10%, hitting a low of $27; currently, the decline has narrowed to about 6.5%. According to reports, Carnival Cruise predicts that profit in the third quarter will be lower than expected, as the ongoing impact of rising fuel prices under geopolitical tensions continues to drag on the cruise operator’s profit margin. The company expects adjusted earnings per share for the quarter to be about $1.35, below analysts’ expectations of $1.42. (Glonghui)
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