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Investors Fret Over Interest Rates: Digital Asset Outflows Hit $206M
Investors Fret Over Interest Rates: Digital Asset Outflows Hit $206M

Digital asset investment products recorded $206 million in the past week.

Cryptopotato·2024/04/22 22:58
Bitcoin memecoins pushed fees higher than block rewards for first time
Bitcoin memecoins pushed fees higher than block rewards for first time

Miners may not have even noticed the halving took place over the weekend, with fees largely making up the difference so far

Blockworks·2024/04/22 20:22
Bitcoin ETF snapshot: GBTC drives second straight week of outflows
Bitcoin ETF snapshot: GBTC drives second straight week of outflows

The US fund segment snapped a five-day net outflow streak on Friday ahead of the bitcoin halving that night

Blockworks·2024/04/22 20:16
Empire Newsletter: Bitcoin’s turn for memecoin mania
Empire Newsletter: Bitcoin’s turn for memecoin mania

Runes, crypto taxes and Binance’s execs stuck in Nigeria

Blockworks·2024/04/22 20:04
Seamless Protocol launches altcoin-specific DeFi lending market on Base
Seamless Protocol launches altcoin-specific DeFi lending market on Base

The DeFi lender Seamless Protocol launched an altcoin-specific lending market on Coinbase’s Layer 2 network Base. The Base-based altcoins DEGEN and SEAM are the first two tokens supported on the platform.

The Block·2024/04/22 17:13
Magic Eden launches platform for Bitcoin Runes
Magic Eden launches platform for Bitcoin Runes

Quick Take The NFT marketplace Magic Eden launched a new platform for Bitcoin Runes. Magic Eden’s Runes Platform, in beta, lets users swap for BTC and buy Runes and Ordinals with their Magic Eden wallet.

The Block·2024/04/22 15:46
Ankr launches AI-focused Layer 1 blockchain Neura on public testnet
Ankr launches AI-focused Layer 1 blockchain Neura on public testnet

Web3 infrastructure provider Ankr has launched the public testnet for its AI-focused Layer 1 blockchain, Neura. Ankr Network’s ANKR token will act as Neura’s native cryptocurrency, with a mainnet launch anticipated later this year.

The Block·2024/04/22 15:10
Flash
15:04
US-linked wallet trades $571 million in political contracts on Polymarket
Despite the United States prohibiting related services, US-linked wallets traded 571 million USD in political contracts on Polymarket over the past year, surpassing all other countries in trading volume. The funds tend to flow toward foreign conflict markets not listed on US platforms.
14:43
Data: Robinhood Earn Vault's current TVL has reached 16 million dollars, with an APY of 7.1%
According to Odaily, Entropy Advisors Head of Data and former 21.co analyst Tom Wan posted on X that the Robinhood Earn vault managed by Steakhouse Financial on Morpho currently has a TVL of $16 million and an APY of 7.1%, with 1.7% coming from protocol revenue and 5.4% from incentive subsidies. Tom Wan stated that Robinhood allocates an annual incentive budget of $115 million USDG to this vault. Based on the current incentive rate of approximately 5%, this could theoretically support a deposit scale of about $2 billion, corresponding to a TVL potential of $1.5 billion to $2.5 billion.
14:43
The probability of "LeBron James joining the Cavaliers" on Polymarket has surged to 58%, up 19% in the past 24 hours.
In the multi-option prediction event "Which team will LeBron James play for next season" on Polymarket, the probability of him joining the Cleveland Cavaliers has surged sharply to 58%, up 19% in 24 hours, while the probability of joining the Philadelphia 76ers has dropped to 7%, down 12% in 24 hours. According to ESPN Cleveland, LeBron James attended a gathering with his high school teammates on the evening of July 4th local time, but Cavaliers assistant general manager Brandon Weems appeared in the photo. Additionally, according to well-known sports journalist Marc Stein, the possibility of a second reunion between LeBron James and the Cleveland Cavaliers is rapidly heating up. Odaily Seer channel continues to monitor the prediction market, observing changes before pricing occurs.
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