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Apr 3, 2024 | 
coinnounce.com | Alexander Aryan |Jai Pratap |Layla Harding
Spot Bitcoin ETFs Experience Fluctuating OutflowsCathie Wood's ARK 21Shares Bitcoin ETF (ARKB) has experienced a record daily outflow of $87 million, surpassing Grayscale's Bitcoin Trust (GBTC) for the first time since the launch of spot Bitcoin ETFs in the United States. This marks the second consecutive day of outflows for ARKB, with a total loss of $300,000 in assets on April 1.
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Apr 3, 2024 | 
coinnounce.com | Layla Harding |Jai Pratap |Alexander Aryan
Nick van Eck Sets Sights on International Markets for AUSDNick van Eck, the son of Jan van Eck, CEO of the $90 billion asset management firm VanEck, is poised to launch a new U.S. dollar-backed stablecoin, Agora digital dollar (AUSD), following a successful $12 million funding round. The venture aims to carve out a niche in the competitive stablecoin market, focusing on transparency and trust in managing digital dollar assets.
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Apr 2, 2024 | 
coinnounce.com | Alexander Aryan |Jai Pratap |Layla Harding
Spot Bitcoin ETF Demand Cools Off After March PeakAfter a period of net outflows, the crypto market has seen a positive shift with net inflows of $862 million in the past week, compared to $931 million in net outflows the week prior. However, the enthusiasm for spot Bitcoin exchange-traded funds (ETFs) appears to be waning, with daily trading volumes dropping to $5.4 billion, a 36% decrease from the peak of $9.5 billion in early March.
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Apr 2, 2024 | 
coinnounce.com | Layla Harding |Jai Pratap |Alexander Aryan
Massive Airdrop Distributes ENA Tokens to ParticipantsEthena Labs has made headlines with its substantial airdrop, distributing $450 million worth of Ethena (ENA) tokens to participants. The largest recipient of this airdrop received a staggering 3.3 million ENA tokens, valued at nearly $2 million, according to on-chain data analyzed by Arkham Intelligence. The Ethena Labs airdrop went live 2 hours ago, with $450M of ENA to distribute.
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Apr 2, 2024 | 
coinnounce.com | Alexander Aryan |Jai Pratap
Solana-Based Telegram Trading Bot Closes Its DoorsSolareum, a Telegram trading bot built on the Solana blockchain, has announced its permanent closure due to a combination of insufficient funding, evolving market trends, and a recent security breach. The announcement was made on the Solareum support channel on Telegram and shared on X (formerly Twitter) by BONKbot co-founder king.sol on March 31.
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Mar 18, 2024 | 
coinnounce.com | Aubrey Hansen |Saloni Sheelwant |Alexander Aryan
The Leap in Base's Daily TransactionsFollowing the Dencun upgrade, Coinbase's Ethereum layer-2 network, Base, experienced a significant surge in daily transactions, reaching a new milestone of 2 million on March 16. This represents a 350% increase from the approximately 440,000 transactions processed daily before the upgrade. This remarkable growth is attributed to the substantial reduction in transaction fees enabled by the Dencun upgrade.
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Mar 18, 2024 | 
coinnounce.com | Janet Sánchez |Jai Pratap |Alexander Aryan
As Bitcoin approaches its next halving, expected on April 20, the cryptocurrency market is on high alert for the pre-halving "danger zone," a period historically marked by a price dip in the 14 to 28 days leading up to the event. Crypto analyst Rekt Capital highlighted this trend, noting significant drops during previous halvings in 2016 and 2020.
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Mar 16, 2024 | 
coinnounce.com | Alexander Aryan |Jai Pratap
Marathon Digital Holdings has announced its agreement with Applied Digital to purchase a 200-megawatt (MW) Bitcoin mining facility in Texas for $87.3 million. The acquisition will be paid in cash from Marathon's holdings, finalizing once all price adjustments are settled. This acquisition will increase Marathon's total Bitcoin mining capacity to approximately 1.1 gigawatts, nearly matching the 1.21 gigawatts needed to power the fictional "Flux Capacitor" from the Back to The Future films.
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Mar 16, 2024 | 
coinnounce.com | Alexander Aryan |Jai Pratap
Vanguard's CEO remains resistant to Bitcoin ETFs, citing volatility and unsuitability for long-term portfolios, despite customer demands and industry trends. Vanguard Group's CEO, Tim Buckley, is holding steadfast in his resistance to Bitcoin exchange-traded funds (ETFs) despite customer demands and ongoing inquiries about the firm's stance.
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Feb 23, 2024 | 
coinnounce.com | Alexander Aryan |Jai Pratap
Jeff “Jihoz” Zirlin, the co-founder of the popular blockchain game Axie Infinity and the Ronin Network, faced a significant security breach as two of his personal crypto wallets were hacked, resulting in a loss of $9.7 million in Ether. A Sophisticated Crypto Heist UnfoldsThe hack came to light on February 23 when blockchain security firm PeckShield detected suspicious activity involving a "whale wallet" linked to the Ronin Bridge.
