Criptos News

Latest news about blockchain and cryptocurrencies

Wormhole Wednesday

BTC hits $64.5K then rebounds, SOL outperforms. Government sends $2B BTC to Coinbase to sell. Funding rates stay low after sweep lower. ETFs see small inflow, Ark outflow more than GBTC. Wormhole W launches at $15B FDV. BTC ‘inflection point’ if it follows rates or gold. Gold & BTC very correlated for the last year. Expect slower ETF volume this month: Bloomberg. BTC 2x and 3x levered ETFs launch yesterday. BTC ETFs now half the size of gold….

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First Dogs, Now Cats

BTC falls another 6% amid $400m liquidations. ETF outflows and dollar strength blamed for move. Funding completely reset to lows in move. BTC lower high leaves market in ‘no trade zone’. This cycle acting ‘nothing like previous cycle’. ETH unlikely to be classed a security: Coinbase CFO. Crypto VC funding up 53% in MarchAnsem’s cat coin sees more volume than NFT market. Most memecoins down 10-20% given move in majors. MEW up 10% after HTX lists, airdrop to Saga phones. MEME to launch memecoin chain, NFTs rise. Pixelmon releases trailer for Anime series….

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SBF Sentencing

BTC: 70.7k (+1%), ETH: 3585 (0%), SOL: 186 (-1%). Top 100 gainers: DOGE, GT, BCH, RBN. Crypto mixed, BTC-beta & memes outperform. SEC case vs Coinbase set to go to trial. DeFi win as case dismissed vs Coinbase wallet. ETFs see $244m inflows led by Ark. BlackRock ETF fastest growing in history: Fink. ETH ETF possible even if its a security: Fink. ETH spot ETF by May chances only 20%: GSR. SBF sentencing today, faces 50 years….

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BTC Is Back On Top

BTC breaks $70K as $175M of shorts liquidated. ETFs see net inflow despite high GBTC outflows. Gold miner set to buy $1.7B BTC. UK to list crypto ETNs in May. ETH ETF may still be approved: Grayscale. Grayscale ETH discount falls to 22%. ETH ETF has no positive signs: Bloomberg. Coinbase pumps 10%, Ark continue to sell shares. Coinbase Int. record trading volumes in March. FTX to sell majority of Anthropic stake for $884M. Trader makes $20m profit in MEW rally. Puppets hit ATH, lead move higher in Ordinals. Azuki flips MAYC market cap in bounce. Magic Eden makes $15m in 30d trading revenue….

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