GBTC Outflows Continue: Over $300 Million Exits on Monday
Despite market expectations that GBTC outflows were stabilizing, fresh data reveals another $300+ million withdrawal on April 1 (Eastern Time). This ongoing trend impacts broader U.S. crypto investment flows.
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Tether’s Bitcoin Treasury Grows: 8,888.88 BTC Added Amid $2.75 Billion Unrealized Gains
USDT issuer Tether invested $627 million to acquire 8,888.88 BTC last quarter, solidifying its position as a major Bitcoin holder. Analysts highlight its $2.75 billion unrealized profit.
Bitcoin Plunges Below $67K: Analysts Predict "Range-Bound Phase" Ahead
OKX market data shows Bitcoin tumbled from $69,350 to $66,515 within 30 minutes. Experts suggest the market is entering a consolidation period with heightened volatility near the halving event.
Bitkub, Thailand’s Top Crypto Exchange, Targets 2025 IPO
Bitkub Capital Group CEO Jirayut Srupsrisopa confirmed plans for an initial public offering, signaling Southeast Asia’s growing crypto adoption.
mfercoin Skyrockets 100x in 6 Hours on Base Chain
The token, launched by mfers NFT creators, mirrored the explosive growth of BOME, rewarding early holders with massive airdrops.
Bitcoin Dips Below $70K: Correction or Buying Opportunity?
After days of stability above $70K, Bitcoin retreated to $69K. Analysts call this a normal pullback, citing pre-halving price swings.
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Telegram Adopts Toncoin for Payments, Offers 50% Revenue Share
Channel owners can now earn 50% of ad revenue paid in TON, enhancing Telegram’s Web3 ecosystem.
UK Court Freezes Craig Wright’s $8M in Assets
Following his legal defeat, the self-proclaimed "Satoshi" faces asset seizures to cover court costs, per RCJBR Holdings filings.
Morgan Creek CEO: Bitcoin Could Hit $150K This Year
Mark Yusko forecasts a "parabolic" surge, predicting 10x growth over the next decade driven by institutional demand.
FTX Aims for Customer Repayments by Year-End
The bankrupt exchange plans to process claims by June, targeting partial refunds before 2025.
FAQ
Q: Why is Bitcoin’s price volatile before the halving?
A: Reduced supply projections and speculative trading amplify pre-halving price swings.
Q: How does Tether profit from Bitcoin holdings?
A: Unrealized gains arise when Bitcoin’s market price exceeds Tether’s purchase cost.
Q: What’s driving mfercoin’s rapid rise?
A: Hype around NFT community tokens and Base Chain’s low-fee environment fuel speculative rallies.
Q: Will FTX clients recover all funds?
A: Partial repayments are likely, but full recovery depends on asset liquidation outcomes.