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Tag: Loom Network

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Bitcoin Traders Scale Back Bets as Spot ETF Inflows Wane and Halving Hype Fades: Bloomberg Report
A recent Bloomberg News article suggests that optimistic Bitcoin traders are dialing back their bets on the leading cryptocurrency as two significant driving forces – robust inflows into U.S. spot Bitcoin ETFs and the hype surrounding the Bitcoin halving event… Read full article
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Stablecoin Bill Could be Ready for the U.S. House Soon Says Top Democrat Maxine Waters: Bloomberg
U.S. House Representative Maxine Waters (D-California), the top Democrat on the House Financial Services Committee, told Bloomberg Wednesday "We are on our way to getting a stablecoin bill in the short run.” Read full article
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Spot Bitcoin ETFs To Hit Hong Kong Market On April 30, Expert Warns Of Looming Fee War
In a significant development for the Bitcoin (BTC) market, Hong Kong is poised to witness the commencement of trading for several spot Bitcoin ETFs on April 30th. 
This milestone follows the successful approval and subsequent trading of Bitcoin ETFs in… Read full article
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Hedge Funds Are Embracing Memecoins in the Hope of Achieving Spectacular Returns: Bloomberg Report
In a recent article, Bloomberg News highlighted a growing trend in the hedge fund world: the increasing interest in memecoins. According to the report, the allure of these highly speculative tokens has become irresistible for some hedge funds as they… Read full article
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Mt. Gox's Looming $9B Payout Could Weigh on Bitcoin Prices, K33 Research Warns
The defunct crypto exchange will distribute 142,000 BTC and 143,000 BCH to creditors later this year, 10 years after its implosion due to a hack. Read full article
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OP, YGG Feeling Sell-Side Pressure as Unlocks Loom
DYDX also has a large unlock scheduled but is not experiencing the same pricing pressure. Read full article
3d ago
CoinDesk
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Altcoins Shine Amidst Bitcoin Gloom: $LINK, $DOT, $ADA, $XRP Attract Investors’ Interest
Cryptocurrency investment funds saw investors withdraw a total of $206 million over the last week, marking the second consecutive week of outflows. However, altcoins, including $LINK, $DOT, $XRP, and $ADA, saw significant inflows. According to CoinShares’ latest Digital Asset Fund… Read full article
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