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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
16:20
SpaceX high-grade bond issuance receives $89 billion in subscriptions
BlockBeats news, on June 24, according to market sources, SpaceX (SPCX.O) high-rated bond issuance received 89 billion USD in subscriptions.
16:19
On Tuesday (June 23), during late European trading, the yield on the UK 10-year government bond fell by 5.4 basis points to 4.754%, experiencing a gap-down opening and declining throughout the day.
The yield on the two-year UK gilt fell by 4.3 basis points to 4.165%. The yield on the 30-year UK gilt fell by 5.1 basis points, and the yield on the 50-year UK gilt decreased by 3.7 basis points. The yield spread between the 2-year and 10-year UK gilts shrank by 1.168 basis points to +58.720 basis points.
16:03
H100 shareholders approve the acquisition of two Norwegian companies holding 2,449 BTC
H100 shareholders have approved the acquisition of two Norwegian companies holding a total of 2,449 BTC. After the acquisition, H100's holdings will increase to 3,500 BTC. (Cointelegraph)
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