$269M in crypto derivatives liquidated in 24hrs (Coinglass). Shorts: $147M, Longs: $122M. Bitcoin liquidations: $104M, Ethereum: $60.85M.
#crypto #blockchain #news #BTC #Bitcoin
US Bitcoin ETFs Experience Net Outflow of 2,359 BTC, Ethereum ETFs See 22,749 ETH Outflow
According to data from Lookonchain, US Bitcoin ETFs experienced a net outflow of 2,359 BTC today.
Ethereum ETFs also saw significant outflows, with a net outflow of 22,749 ETH.
#crypto #blockchain #news #BTC #Bitcoin
Fed's Williams warns tariffs will likely boost inflation and slow growth. Uncertainty may cause consumers & businesses to delay spending. He believes current Fed policy is "well-positioned" to manage risks and that holding rates steady is "absolutely appropriate" to keep inflation in check.
#crypto #blockchain #news
Arthur Hayes Predicts Bitcoin is Entering a "Can't Go Down" Phase
BitMEX co-founder Arthur Hayes stated on X that, "Things are heating up. If this continues, we will see more policy responses this weekend. Bitcoin is about to enter a 'can't go down' regime."
#crypto #blockchain #news #BTC #Bitcoin
BNY Mellon & BlackRock launch "Digital Assets Data Insights" for real-time reporting on tokenized assets (via Forbes). This collaboration streamlines on-chain valuation & reporting, potentially impacting crypto accounting! #DeFi #crypto #blockchain
#news
US consumer confidence nosedived in April! 12-month inflation expectations hit a 1981 high. University of Michigan consumer sentiment index dropped to 50.8, worse than expected (economists predicted 54.5). Trade tensions cited as a factor. #economy #inflation
#crypto #blockchain #news
OpenZK Network raised $6M to build its Layer-2 ZK rollup! 🚀 Backed by Animoca Brands & Coinstore, funds will boost tech and ecosystem growth. OpenZK integrates ETH, liquidity & stablecoin staking. Founded by ex-Goldman Sachs exec Dave Sandor. #Layer2 #ZKRollup #OpenZK
#crypto #blockchain #news
Crypto crooks are chain-hopping! Elliptic reports 20% of complex crypto crime investigations now involve 10+ blockchains. Cross-chain crime is rising as criminals exploit more options to hide funds. Elliptic's expanded blockchain coverage (50 chains & 300+ bridges) helps investigators track the bad guys.
#crypto #blockchain #news
Traders Reduce Bets on Fed Rate Cuts, Now Expecting Three in 2025
Traders have scaled back their expectations for interest rate cuts by the Federal Reserve, now pricing in three cuts for 2025, with the first expected to occur in June, according to Jinshi reports.
#crypto #blockchain #news
Mira Murati (ex-OpenAI CTO) is reportedly raising $2B seed for her AI startup, Thinking Machines Lab. Reportedly, the company aims to develop more capable & customizable AI systems. Valuation could reach $10B.
#crypto #blockchain #news
Report: Off-exchange crypto & stablecoin trading volumes doubled in Trump's first 100 days! Institutional trading surged, driven by US regulatory shifts & stablecoin confidence. Crypto-to-stablecoin trading saw 5x growth. #crypto #stablecoins
#blockchain #news
Fed's Mussa warns tariffs could cause lasting inflation, especially if short-term expectations become long-term. He urges the Fed to proactively counter tariff-driven second-round effects with monetary policy. Separating tariff impact from underlying inflation is proving difficult. #inflation #tariffs #fed
#crypto #blockchain #news
Cryptocurrency-backed lender APX Lending has obtained a $20 million flexible credit facility from private credit investment firm Cypress Hills, according to CoinDesk. The credit line will enable APX Lending to increase its borrowing capacity without renegotiating the entire agreement.
#crypto #blockchain #news
USDC Treasury Mints 250 Million USDC on Solana
According to Whale Alert, at 21:30 Beijing time, the USDC Treasury minted 250 million USDC on the Solana blockchain.
#crypto #blockchain #news
Spot gold prices surged, breaking through the $3240 per ounce mark to reach a new all-time high, according to Jinshi reports. The intraday increase exceeded 2%.
#crypto #blockchain #news
US March PPI shows inflation cooling! ForexLive's Adam Button notes disinflation, driven by falling energy (-4.0%), food (-2.1%), & gasoline (-11.1%) prices. Expect more cooling as oil & commodities decline. #inflation #economy #PPI
#crypto #blockchain #news
David Einhorn (Greenlight Capital) predicts more Fed rate cuts due to Trump's tariffs. He argues tariffs shock investors, hurt lower-income people, and will cause inflation, leading to an economic slowdown. He says, "They raised prices" (referring to tariffs).
#crypto #blockchain #news
US PPI for March: 2.7% YoY (vs 3.3% expected), per Jinshi report. Monthly PPI *fell* 0.4% (vs +0.2% expected). Previous month revised up to 0.1%. #economy #inflation
#crypto #blockchain #news
Whale 0x248...87976 just spent $5.13M on 3,316 ETH at $1,548 each (per @ai_9684xtpa). But heads up! This whale has a history of buying high & selling low, losing $380K in the last month. Will this be another short-term play?
#crypto #blockchain #news
Digital identity platform Space ID has introduced Payment ID, designed to connect centralized and Web3 applications. This new feature enables cryptocurrency transfers to any address, chain, or wallet.
#crypto #blockchain #news