Bitcoin spot ETFs saw a 7th day of net outflows totaling $1.03M on April 11, per SoSoValue. ARKB ETF (Ark/21Shares) had the largest single-day inflow at $11.28M, bringing its total net inflow to $2.584B.
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According to Onchain Lens, World Liberty Financial (WLFI), the Trump family's crypto project, purchased 4.89 million SEI for 775,000 USDC, at an average price of $0.158. The address currently holds 5,983,278 SEI.
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According to Solscan data reported by Wu Blockchain, an address linked to Wintermute (14aBj3âĻu7V2Ha) swapped 3.696 million Fartcoin for 3.32 million USDC via Jupiter between 6:16 and 6:23 UTC+8 today. Subsequently, 3 million USDC was bridged from Solana to Ethereum.
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McDonald's won't discuss a Bitcoin proposal at its May shareholder meeting, following a request to store Bitcoin from the National Center for Public Policy Research. The SEC agreed McDonald's can avoid the discussion. (via The Block)
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US Senate Dems propose "Clean Cloud Act" targeting data centers powering blockchain & AI! đī¸ Bill sets EPA emission standards for facilities >100KW, aiming for 11% annual reduction. Penalties for exceeding limits. #CleanCloudAct #DataCenters #ClimateAction
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FTX/Alameda moved 186K unstaked SOL ($21.56M) to 22 addresses 6 hrs ago, per @EmberCN. History shows these addresses usually deposit SOL into Coinbase/Binance. Since Nov '23, FTX/Alameda unstaked & transferred 8.031M SOL ($1.03B) this way, avg price $128.3.
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Binance met with Treasury about easing US oversight (WSJ). Reportedly exploring a deal with a crypto venture linked to the Trump family. Aiming for a new US monitor for anti-money laundering compliance, potentially paving way for a US return after admitting 2023 violations.
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Harris Poll: 21% of US adults (55M people) own crypto! 76% of crypto holders report a positive personal impact. The gender gap is narrowing too - women now make up 31% of crypto holders. #crypto #web3
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Lomond School in Scotland will accept Bitcoin for tuition starting fall 2025, a UK first! (via Cointelegraph). They'll convert BTC to fiat, but may consider a Bitcoin vault based on feedback. #Bitcoin #Education #Scotland
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NY judge says AG Letitia James' civil fraud lawsuit against Digital Currency Group (DCG) can go to trial, per CoinDesk. The suit alleges DCG, Genesis, ex-execs, & Gemini hid a $1B loss related to Three Arrows Capital's collapse. Defendants' motion to dismiss was rejected.
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CryptoNews Weekly Roundup: U.S. CPI Hits Four-Year Low; U.S. Disbands Cryptocurrency Enforcement Unit; U.S. Tariff War Includes 90-Day Exemption; Paul Atkins Confirmed as U.S. SEC Chair; Wall Street Confidence in Trump's Economic Policies Plummets.
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đĒđ¸ police bust a crypto scam using AI celeb endorsements! đ¤đ° Scammers defrauded 208 people of âŦ19M+ with deepfake videos promising high returns. Six arrested for fraud, money laundering & forgery. Investigation ongoing. #cryptoscam #AI #fraud
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TRUMP memecoin unlock on April 18th! 40M tokens ($320M) will be released. CoinDesk reports this is 20% of the circulating supply. TRUMP's price is down 83% from its peak, and holder numbers have decreased. Only 12K wallets now hold >$1K in TRUMP. #crypto #memecoin
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SEC & Binance want a 60-day pause in their legal battle, says @EleanorTerrett. Citing "constructive" talks (incl. SEC crypto task force), they believe a pause benefits everyone. Case update in 60 days. Court previously set a joint status report deadline for April 14, 2025.
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SEC might create a "regulatory sandbox" for crypto exchanges! Commissioners propose a trial period for innovative models like tokenized securities. Acting Chair Uyeda suggests "time-limited exemption" for unregistered exchanges to test new trading methods. #crypto #SEC #regulation
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Fed's Susan Collins: Ready to act if market disruptions occur. Market functioning normally now, no liquidity issues. Fed has tools to address market pressures, but emergency rate cut not preferred. Standing mechanisms in place to support market operations. (Source: Financial Times)
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Binance Research: US Treasury yield surge on April 9th widened bond spreads to 2022 levels, sparking global market concerns. Weak 3-year Treasury demand contrasts with positive 10-year auction. Bitcoin shows relative stability despite market correlation. Watch inflation, trade, & bond volatility.
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Pumpfun's live streaming is back for all users! Wu Blockchain reports the platform now has content guidelines & a CMS. Violators risk losing streaming and account deactivation. Illegal content may be reported to law enforcement. #Pumpfun #livestreaming
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Fed officials warn of economic headwinds: St. Louis Fed's Musalem cites inflation & job weakness. NY Fed's Williams projects slower growth (<1%), higher unemployment (4.5-5%), and inflation (3.5-4%) due to tariffs & immigration. Data monitoring is key. #economy #fed
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U.S. consumer inflation expectations jumped to 6.7% in April, per UMich data - the highest since 1981. Long-term expectations also rose to 4.4%. This is the 4th straight month of big increases, especially among independents. link
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