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Number of new memecoin traders hits record high — IntoTheBlock
Number of new memecoin traders hits record high — IntoTheBlock

The attention given to memecoins may be driven by the massive gains many projects displayed in the first quarter of 2024.

Cointelegraph·2024/04/04 15:28
Bitcoin taps $67.5K as 2% BTC price gains accompany US jobless claims
Bitcoin taps $67.5K as 2% BTC price gains accompany US jobless claims

BTC price strength returns amid bullish signals for Bitcoin and risk assets from the U.S. Federal Reserve and unemployment data.

Cointelegraph·2024/04/04 14:14
Spot Bitcoin ETF Flows Shift Positively as Grayscale’s GBTC Outflows Slow Down
Spot Bitcoin ETF Flows Shift Positively as Grayscale’s GBTC Outflows Slow Down

Wednesday’s inflows totaled $113m, with GBTC’s slowed outflows at $75m, posting its lowest figure since Feb. 26.

Cryptopotato·2024/04/04 14:07
Average crypto portfolio up $2,804 so far in 2024, CoinLedger says
Average crypto portfolio up $2,804 so far in 2024, CoinLedger says

The average crypto portfolio is up $2,804 so far in 2024, according to cryptocurrency tax software platform CoinLedger.The unrealized average gains contrast the less than $1,000 in average realized gains for the whole of 2023.

The Block·2024/04/04 13:33
Ripple to launch USD stablecoin that CTO David Schwartz hopes will rival USDT and USDC
Ripple to launch USD stablecoin that CTO David Schwartz hopes will rival USDT and USDC

Ripple said it will launch a USD-pegged stablecoin later this year, which it hopes will serve enterprise clients and payment companies.The stablecoin will be backed by “USD deposits, short-term U.S. government treasuries, and other cash equivalents” with “a third-party accounting firm” performing audits.

The Block·2024/04/04 13:06
Flash
18:07
Freddie Mac says 30-year US mortgage rates have fallen to the lowest level in a month
Influenced by easing inflation concerns brought on by the de-escalation of tensions in the Middle East, US mortgage rates have dropped to their lowest level in nearly a month, providing a brief window of relief for first-time home buyers. According to a statement released by Freddie Mac on Thursday, the average rate for a 30-year fixed-rate mortgage fell from 6.52% a week ago to 6.47%, while the same period last year saw a rate of 6.81%.The spring home sales season is nearing its close after a period of sharp fluctuations in borrowing costs. The conflict involving Iran that broke out at the end of February had temporarily pushed mortgage rates higher, but this week’s announcement of a provisional peace deal, along with news that the Strait of Hormuz may reopen to shipping, helped lead to a pullback in oil prices and effectively eased upward pressure on mortgage rates.It is worth noting that this spring's real estate sales have shown greater resilience than the market expected. Data released by the National Association of Realtors (NAR) on Wednesday showed that the number of pending home sales in May increased by 3.8% month-on-month. Although the absolute figure remains historically low, as a more forward-looking indicator than actual transaction volume, the rebound in contract signings suggests that buyers are gradually adapting to the persistently high interest rate environment.
18:06
The chairman of the United States Federal Energy Regulatory Commission has pledged to speed up the approval process for data centers connecting to the power grid.
This adjustment is expected to effectively shorten the power grid access waiting period for data center projects, providing stronger public service support for the deployment and implementation of the data center industry, and further meeting the continuously growing power supply demands arising from the rapid development of the digital industry.
18:05
US President Trump: The market is reacting positively to the current situation
US President Trump stated that the market has reacted positively to the current situation, with oil prices dropping sharply and the stock market surging significantly.
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