Bitcoin dipped to $59,889 on April 17 before rebounding to over $60,300 shortly after.Bitcoin’s price fall began after the Fed chair commented that interest rates likely won’t go down for the foreseeable future.The next bitcoin halving event is 336 blocks away, slated to occur on April 19 at 9:44 p.m. ET.

The Block·2024/04/17 18:10

Crypto ETFs other than Bitcoin and Ethereum funds will '100%' be approved: Grayscale

Grayscale’s global head of ETFs, David LaValle, said he’s “100%” confident that exchange-traded funds based on other cryptocurrencies, aside from Bitcoin and Ethereum, will eventually be available to investors.The firm currently manages the GBTC fund, the largest spot bitcoin ETF on the market.

The Block·2024/04/17 17:53

Q&A: What to watch ahead of the bitcoin halving

Grayscale’s research team sheds light on what is different about this halving and how to prepare

Blockworks·2024/04/17 17:07

Bitcoin (BTC) Bulls Await Halving: Accumulation Phase Signals Investor Confidence

CryptoQuant analysts suggest that the spike in Bitcoin withdrawals may be a strategic move in preparation for the upcoming halving event.

Cryptopotato·2024/04/17 16:16

Flash

00:58
Gary Gensler's farewell words: The cryptocurrency field is full of "unscrupulous practitioners", proud of the SEC's regulatory work in the cryptocurrency field
According to the outgoing chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, who spoke in a media interview on Wednesday, the field of cryptocurrency is full of "bad actors" and is an "unregulated" area where market sentiment far outweighs fundamentals. Gensler emphasized that while Bitcoin accounts for 60% to 80% of the cryptocurrency market value, there are also between 10,000 and 15,000 other cryptocurrency projects raising funds from the public. Many projects ultimately cannot survive and there are numerous "pump-and-dump" scams among other issues. Gensler mentioned that since taking office he has made some achievements in regulating cryptocurrencies, continuing the work of his predecessor Jay Clayton. Over the past four years, SEC has initiated about 100 enforcement actions against cryptocurrencies which account for 5% of its enforcement work. He takes pride in SEC's regulatory efforts in this field but believes much more needs to be done.
00:56
Blast: The upcoming launch of the mobile platform and token economics update, no gold points will be distributed in January
According to official news from Blast, the mobile platform of Blast will be launched later this month along with updates on token economics. All Blast DApps should ensure that points and Gold (gold points) are distributed to users before these changes. No Gold will be distributed in January. All users should also make sure they log into the Blast website using their wallets, as the team will soon share the official release date.
00:44
Grayscale updates the component weight of its funds quarterly, adding SUI, LPT, CRV and so on
According to the official announcement from Grayscale, Grayscale's funds have announced the latest fund component weights for each product. The fund components of Grayscale's Decentralized Artificial Intelligence Fund have added LPT, which includes the following assets: NEAR, RENDER, TAO, FIL, GRT and LPT. The fund components of Grayscale DeFi Fund (DEFG) have added CRV and removed SNX. The composition includes the following assets: UNI, AAVE, LDO, MKR and CRV. The fund components of Grayscale Large Cap Digital Fund (GDLC) have added ADA and removed AVAX. The composition includes the following assets: BTC, ETH, SOL,XRP and ADA. Grayscale Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund)'s fund components have added SUI. It consists of the following assets: SOL ,ADA ,AVAX ,SUI ,NEAR ,DOT.