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

07:27
Two positive news have emerged from the cryptocurrency market, related to a newly established committee in the United States and CFTC
According to Cointelegraph, less than two weeks before Trump officially takes office as President of the United States, there are two positive news in the cryptocurrency market. According to a report by Fox Business News, the U.S. Senate Banking Committee is preparing to announce the establishment of its first subcommittee focused on digital assets - the Cryptocurrency Subcommittee. The new chairman of the Senate Banking Committee, Tim Scott, has preliminarily selected pro-cryptocurrency Senator Lummis as chairwoman of the new committee; she had echoed Trump's initiative to establish strategic Bitcoin reserves. In addition, according to sources quoted by cryptocurrency media Unchainedcrypto, due to current CFTC Chairman Rostin Behnam's resignation, pro-cryptocurrency CFTC Commissioner Summer Mersinger has become a leading candidate for this position. She once expressed discomfort with CFTC’s practice of "establishing certain policies through enforcement cases".
07:22
Decentralized AI Network Allora Launches Foundation
The decentralized AI network Allora launches the Allora Foundation, which will be dedicated to advancing the mission of creating a self-improving intelligence layer driven by decentralized AI. The foundation will focus on maintaining and developing the Allora ecosystem, and promoting innovation and research in the community and other fields.
07:18
A whale spent $2.94 million in WETH to purchase AIXBT, FAI and VIRTUAL within 10 hours
According to Onchain Lens monitoring, a whale spent 911.45 WETH (approximately $2.94 million) on the Base chain to purchase various tokens within 10 hours. Among them, they spent 329.45 WETH (about $1.06 million) at a price of $0.40 per token to buy 2.62 million AIXBT; they spent 292 WETH (about $944,000) at a price of $0.056 per token to buy 16.77 million FAI; and they spent 290 WETH (about $934,000) at a price of $3.12 per token to buy 298,738 VIRTUAL tokens.