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DailyCoin Bitcoin Regular: BTC Pre-Halving Jitters, Is the Bottom In?
DailyCoin Bitcoin Regular: BTC Pre-Halving Jitters, Is the Bottom In?

Bitcoin regains momentum after brief correction, analysts debate future price movements as halving nears.

Dailycoin·2024/03/30 02:58
Custodia is not entitled to a Fed master account, judge rules
Custodia is not entitled to a Fed master account, judge rules

Custodia Bank sued the central bank in 2022 for delaying a decision on getting a master account. A judge ruled on Friday that the Federal Reserve does not have to give the bank access to a master account.

The Block·2024/03/30 00:49
21Shares president ‘less bearish’ than Cathie Wood on ether ETF approval
21Shares president ‘less bearish’ than Cathie Wood on ether ETF approval

SEC has “less to look at” in considering spot ether ETFs given their similarities to the approved BTC funds, according to 21Shares’ Ophelia Snyder

Blockworks·2024/03/29 18:28
Bitcoin exchanges' BTC balances have dropped almost $10B in 2024
Bitcoin exchanges' BTC balances have dropped almost $10B in 2024

Bitcoin exchange withdrawal trends are clear as “pent up institutional demand” from the spot ETFs combines with the upcoming halving to squeeze the available BTC supply.

Cointelegraph·2024/03/29 16:46
Will Bitcoin (BTC) Break its $73.8K ATH Following This Record USDC Transfer?
Will Bitcoin (BTC) Break its $73.8K ATH Following This Record USDC Transfer?

The $1.4 billion USDC deposit on Coinbase has reignited predictions of yet another Bitcoin pump.

Cryptopotato·2024/03/29 15:55
Flash
15:15
Renowned trader Technorevenant still holds 80 million XPL, with his unrealized loss reduced to $86.6 million.
BlockBeats News, June 17th, according to MLM Monitor, 8 months later, renowned trader Technorevenant still holds all of his 80 million XPL purchased a few days after the XPL TGE, worth $9.2 million, representing 0.8% of the total supply. With the XPL price rising in the past few days, his unrealized loss has narrowed from about $91 million at the recent bottom to $86.6 million.
14:58
Grayscale: Aave protocol revenue has increased over 6.6 times in the past three years, current AAVE valuation is conservative
According to ChainCatcher, Grayscale Research's latest report shows that as the leading protocol in the DeFi lending sector, the reasonable valuation range of the current AAVE token is $80–$100. The report points out that Aave's protocol revenue grew by more than 6.6 times from 2023 to 2025, with the current operating profit margin at about 50%, and there is still room for further improvement as it scales. The Aave DAO treasury once reached as high as $360 million, providing sufficient capital for the protocol's development. Grayscale believes that at its current price of around $75, AAVE only implies an annualized earnings growth of about 9% over the next 10 years, which is relatively conservative. If Aave achieves 25% annualized earnings growth, the corresponding price could reach $227; if it reaches 35%, the price could go up to $444. However, the report also emphasizes that Aave's future performance will still depend on the competitive landscape of DeFi lending, regulatory clarity, and the advancement of stablecoin and RWA tokenization businesses.
14:57
SpaceX's decline widens to 5%
Jinse Finance reported on June 17 that SpaceX's decline has expanded to 5%.
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