💰 Bitcoin as 'digital gold' could enable continued demand as ETFs mitigate volatility: Coinbase
Hawkish views on the potential for U.S. Federal Reserve interest rate cuts have bolstered gold among traditional investors — a fact that may lead to more demand for bitcoin, in Coinbase's opinion. "In our view, bitcoin's increased acceptance as a form of "digital gold" could enable demand from a new subset of investors in this market regime," David Han, an institutional research analyst at the crypto exchange, wrote in a report published yesterday.
Source
✈️@CryptoWorldNews🌐
🏦 Coinbase stands strong in consumer lawsuit as case is revived post-appeal
An appellate court has revived a civil lawsuit against Coinbase due to a clerical error despite ruling that the initial dismissal was appropriate. The current ruling largely supported a federal court’s dismissal of the case, noting that the district court “properly dismissed” the plaintiffs’ Section 29(b) complaints. Coinbase chief legal officer Paul Grewal responded to the legal development on April 5, saying that crypto exchanges have no private liability for secondary trading of crypto tokens because “contracts matter.”
Source
✈️@CryptoWorldNews🌐
🚀💎 Dive into the Next Breakthrough Altcoin! SWCH Token - Powering SwissCheese Finance. 🧀🌟
💰 Price Rockets to $0.56! Listing on Gate.io Imminent! Big Names Await - Targeting $5 Soon! 🚀🔥
🔥 Unleash the World's Premiere DEX for Stock Trading Tokens!
💰 Seize 100% Premium Staking Rewards & Elevate Your Portfolio!
📈 Acquire $SWCH on OKX DEX, MEXC, BingX, Bitget, BitMart, QuickSwap - Before the Big Exchanges!
🎮 Immerse Yourself in Thrilling NFT Gaming & Join the Lucrative Evolution!
🌐 Step Up Your Investment Game! Join Swisscheese Telegram Group for Exclusive Insights. 💸💎
💰 Cathie Wood’s ARK Bitcoin ETF Records Daily Outflows Surpassing Grayscale’s GBTC 📉
Cathie Wood’s ARK 21Shares Bitcoin exchange-traded fund (ETF) recorded net outflows exceeding $87 million on Tuesday, marking the highest outflow since its inception, as per data from Farside Investors. On April 2, Ark 21Shares Fund’s (ARKB) outflows amounted to $87.5 million, equivalent to roughly 1,300 BTC. This marked the second consecutive day of outflows for ARKB, with $300,000 on April 1, its first-ever day of being net negative. Grayscale, which has consistently experienced outflows since converting to a spot Bitcoin ETF, also recorded another negative day.
Source
✈️@CryptoWorldNews🌐
🇺🇸 U.S. Government Moves To Sell More 💰 Bitcoin Tied To Silk Road
The United States government may be selling more of its massive Bitcoin (BTC) stash, potentially piling more sell pressure onto the crypto market, according to blockchain data. On-chain sleuth ZachXBT noted on Tuesday that government controlled Bitcoin tied to Silk Road initiated a small transaction to Coinbase – the crypto exchange previously used by the government to sell its coins. Shortly afterwards, the government’s wallet transferred 1999 BTC to Coinbase Prime, worth $139 million at the time.
Source
✈️@CryptoWorldNews🌐
💰 BlackRock CEO Larry Fink says their spot Bitcoin ETF "is the fastest growing ETF in the history of ETFs."
✈️@CryptoWorldNews🌐
💰 BlackRock CEO Larry Fink says their Bitcoin ETF “is the fastest growing ETF in the history of ETFs"
✈️@CryptoWorldNews🌐
Don't let this chance to establish your crypto brokerage pass by! 🚀
The crypto trading universe, with its 300 million traders globally, presents a golden opportunity. @B2Broker, together with its B2Trader Brokerage Platform, smooths the path for emerging businesses and seasoned enterprises alike in the thriving crypto marketplace. 🌐
Why B2Trader Stands Out? 👁️
1️⃣ Amplify sales using our seamlessly integrated functionalities.
2️⃣ Diversify your offerings and community within the crypto trading world.
3️⃣ Benefit from the bullish trends in the market with our scalable solutions.
Platform Advantages:
✅ Capability to execute 3000 transactions every second.
✅ Access to trading over 3000+ cryptocurrency pairs.
✅ Real-time market updates, refreshing every 100 milliseconds for utmost accuracy.
Further Benefits:
📱 A user-centric trading interface, along with CRM and efficient back-office solutions.
💼 Blockchain-enhanced wallets & streamlined systems for automated payouts.
🔐 Comprehensive mobile app solutions, REST and FIX API integration, and advanced options for White Label solutions.
Elevate Your Brokerage Offerings:
By integrating with esteemed trading platforms like MT4, MT5, and cTrader, enhance your brokerage services with a wide spectrum of trading features, delivering unparalleled trading experiences to your clientele.
Begin your journey in the crypto industry with B2Trader, your trusted technology partner 🚀
💰 Hong Kong finance firm VSFG aims to launch spot bitcoin ETF as early as May
Venture Smart Financial Holdings Ltd., a Hong Kong-based financial services firm, has submitted its application for a spot bitcoin exchange-traded fund — and aims to launch the ETF as early as May. Brian Chan, group head of investment and products of VSFG, told The Block on Thursday that the team is hoping for a May launch “if all goes smoothly.” “But we're also keeping June in our sights just to be on the safe side,” Chan said.
Source
✈️@CryptoWorldNews🌐
🪙 ETH to spike post halving, ETF denial would not ‘be bearish’ — Analysts
Crypto analysts are betting that Ether’s price could see a significant upswing within months after the Bitcoin halving despite being down 11.39% over the past 30 days, based on historical data. One researcher also thinks that a potential exchange-traded fund (ETF) denial won’t necessarily lower prices. “If the ETF is denied, it will not be that bearish, as the market is not pricing in it yet, and we still have Bitcoin ETFs as the entrance for traditional funds,” Hashkey Capital head of Research Jupiter Zheng told Cointelegraph.
Source
✈️@CryptoWorldNews🌐
💰 Bitcoin Adds 4.5% as Stocks Reverse Lower on Hawkish Fed Commentary
It was a day of positive divergence for crypto bulls as stocks tumbled late in the U.S. trading session while bitcoin (BTC) managed to erase most of the week's losses. In late afternoon action, the S&P 500 and Nasdaq were each lower by nearly 1% – not a huge loss, but about a 2% reversal off of earlier session highs. Behind the moves lower were hawkish comments from Minneapolis Fed President Neel Kashkari.
Source
✈️@CryptoWorldNews🌐
💰 Binance set to end Bitcoin NFT support despite recent surge in interest
Crypto exchange Binance is set to end support for Bitcoin NFTs less than a year after they were introduced to its marketplace. Binance said in a blog post on Thursday it would not support any further airdrops, benefits, or utilities associated with Bitcoin NFTs after April 10, citing “ongoing efforts to streamline product offerings” on its NFT marketplace.
Source
✈️@CryptoWorldNews🌐
🏦 Coinbase partners with Lightspark for 💰 Bitcoin Lightning payments
Coinbase is one step closer to integrating Bitcoin Lightning on its platform amid a new partnership with Lightspark, an enterprise-focused Lightning solution led by former PayPal president David Marcus. In an April 4 X post, Coinbase’s CEO Brian Armstrong said the integration of the Bitcoin layer-2 network will happen “soon” — which will allow its 108 million user base to leverage potentially faster and cheaper Bitcoin transactions.
Source
✈️@CryptoWorldNews🌐
HISTORY: 💰 In 2015 a 50,000 $BTC offer was turned down for a 2-bedroom apartment in New York 🤯
It would now be worth over $3,500,000,000
✈️@CryptoWorldNews🌐
💰 Bitcoin Miners' Earnings Hit Record $2 Billion in March Ahead of Halving Event
In March, bitcoin miners amassed an unprecedented level of revenue not seen in the previous 12 months, hitting a high of $2.01 billion from rewards and transfer fees. Of this total, $85.81 million was earned from transaction fees over the past month.
Source
✈️@CryptoWorldNews🌐
💰 Bitcoin exchanges’ BTC balances have dropped almost $10B in 2024
Nearly $10 billion worth of Bitcoin has left crypto exchanges since the United States spot exchange-traded funds (ETFs) launched. Data from on-chain analytics firm Glassnode shows that since Jan. 11, exchanges are down over 136,000 BTC. Bitcoin supply dynamics continue to sway in bulls’ favor as exchanges see mass withdrawals this quarter. The U.S. spot Bitcoin ETFs have been trading for less than three months, but in that time, around $9.5 billion worth of BTC has been withdrawn from major trading platforms.
Source
✈️@CryptoWorldNews🌐
💰 Bitcoin price breaks out above $71,000, causing spike in short liquidations
The upward price trajectory of bitcoin over the past 24 hours has resulted in over $56 million worth of bitcoin short liquidations. There have been over $193 million in liquidations over the past 24 hours in the cryptocurrency market. Of these liquidations, the vast majority, around $129 million, were short positions. Bitcoin short positions took the largest share of the damage, with over $56 million in liquidations in the past 24 hours, according to Coinglass data.
Source
✈️@CryptoWorldNews🌐
💰 This is only the 2nd time in #Bitcoin’s history that seven consecutive months of positive returns have been achieved 📈
Back in 2012, the following month saw red month before another six months with consecutive positive returns were generated.
✈️@CryptoWorldNews🌐