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Bitcoin ETF battle heats up as BlackRock closes in on Grayscale
Bitcoin ETF battle heats up as BlackRock closes in on Grayscale

BlackRock’s spot bitcoin ETF appears on pace to overtake Grayscale as biggest of the crypto-based investment vehicles.Grayscale’s fund, which has higher fees than many competitors, has shed billions of dollars in AUM since trading started in January.

The Block·2024/04/10 20:08
Younger generations more invested in crypto than stocks, survey finds
Younger generations more invested in crypto than stocks, survey finds

About 18% of GenZers own stocks and 20% own cryptocurrency, according to a survey released on Tuesday.Younger generations are also leaning into crypto compared to more traditional stocks, the survey found.

The Block·2024/04/10 19:34
Crypto industry reacts to SEC serving Uniswap with Wells Notice: ‘The war on DeFi has begun’
Crypto industry reacts to SEC serving Uniswap with Wells Notice: ‘The war on DeFi has begun’

Quick Take Uniswap Labs received a Wells Notice from the SEC. The crypto industry described it as a war on crypto, particularly DeFi.

The Block·2024/04/10 19:19
Bitcoin whales 'buy the dip' post-CPI as BTC price gains 3.6%
Bitcoin whales 'buy the dip' post-CPI as BTC price gains 3.6%

BTC price trajectory reverses upward despite a "hot" CPI print, with Bitcoin buyers almost managing to reclaim $70,000.

Cointelegraph·2024/04/10 18:32
Flash
19:10
According to the latest data released by the Investment Company Institute, the total size of money market funds in the United States has surged to $7.919 trillion, setting a new all-time high.
These types of funds, characterized by strong liquidity and relatively low risk, have recently become a preferred allocation choice for many market participants. The continuous growth in their scale also reflects, to some extent, that investors' risk appetite and asset allocation preferences have experienced corresponding changes under the current market environment.
19:05
The trading volume of Solana tokenized stocks reached $116 million yesterday.
Solana saw its tokenized stock trading volume reach 116 million USD yesterday, accounting for 94% of the total across all networks. (Cointelegraph)
19:04
According to USDA statistics, as of June 1, the number of cattle on feed in the United States reached 102.0% of the same period last year, while the market’s previous consensus expectation was 102.5%.
This actual data is slightly lower than the market's previous expectations and may subsequently have a certain impact on the outlook for U.S. beef cattle supply as well as future trends in market trade.
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