Tether’s Q1 Profit Reaches $4.5B
In the first quarter of 2024, Tether Holdings reported a record net profit of $4.52 billion.
Spot Bitcoin ETFs Net Outflows Hit $344M
The new US ETFs experienced a net outflow of $343.5 million in April, breaking their streak of three months with inflows.
MicroStrategy Shares Plans to Launch a Bitcoin-Based Identity Solution
MicroStrategy has announced its plan to launch a decentralized identity solution on the Bitcoin network.
Former Revolut Executive Participates in Launch of Hybrid Crypto Exchange
X10, a hybrid crypto exchange powered by the StarkEx Layer 2 engine, has officially launched on the testnet with a funding of $6.5 million.
BlackRock’s Institutional Digital Liquidity Fund AUM Reach $375M
According to data from Dune Analytics, BlackRock’s USD Institutional Digital Liquidity Fund has reached $375 million in assets under management.
Roger Ver Charged with Tax Fraud
The United States Department of Justice has announced charges against Roger Ver, an early investor in Bitcoin who is also known as ‘Bitcoin Jesus.’
Declining Interest in Bitcoin ETFs Boosts Outflows from Crypto Funds: Report
The outflow of funds from cryptocurrency investment products reached $435 million from April 20 to April 26, continuing the negative trend for the third consecutive week.
