Crypto
Bitcoin tumbles under $39,000 triggering $115M liquidation in 1 hour
The crypto market appears shaken as Bitcoin and Ethereum prices tumbled to new local lows.
Oluwapelumi Adejumo 2 min read
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Trading
Bitcoin falls below key $40k threshold amid continued sell off
The decline to around $40,000, Bitcoin's lowest level since mid-December of the previous year, has been driven by a sustained sell-off amid a series of macroeconomic and market-specific factors.
Crypto
Ethereum Foundation heaps pressure on market with $1.68 million in ETH sales
Ethereum's price fell by more than 4% during the past day due to the significant selling pressure.
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Analysis
Grayscale NAV flips BlackRock as IBIT records first discount to Bitcoin since launch
Grayscale tightens its NAV to -0.27% while BlackRock trades at a discounted -0.3% for the first time.
ETF
Bitcoin ETFs buy 95,000 BTC as assets under management hit $4 billion
Growing investor appetite evident as "Newborn Nine" Bitcoin ETFs accumulate $4 billion in assets under management.
Culture
China’s underground crypto market thrives despite harsh trading ban: WSJ
Chinese crypto traders flout ban through VPNs, social media, and clandestine meetups, maintaining an $86 billion underground market.
Guest Author
Staking
Op-ed: Proof of Stake – Meet the new inequality, same as the old inequality?
The increasing centralization in PoS systems revives age-old inequality and wealth distribution debates.
ETF
Franklin Templeton CEO says ETF has shown ‘demand’ for Bitcoin is ‘everywhere’
Jenny Johnson said the launch of Franklin Templeton's Bitcoin ETF is a strategic response to the increased use of Bitcoin in transactions and its integration into the broader financial system.
Analysis
Bitcoin dips to lowest level since Dec. 12 before bouncing as buyers hold $40k threshold
The quick recovery indicates a recalibration of investor sentiment and strategic buying at lower price points.
More Featured News Headlines
Legal
Coinbase has 70% chance of winning against SEC: Bloomberg analyst
ETF
Fidelity’s Bitcoin ETF joins the $1 billion club in alongside BlackRock
ETF
SEC delays Fidelity’s Ethereum spot ETF, but decisions are still expected in May
Analysis