Investors pulled $326 million from spot Bitcoin exchange-traded funds on Tuesday amid flaring tensions between the U.S. and its trading partners over President Donald Trump’s tariffs. Tuesday’s drawdown was the sharpest single-day pullback for spot Bitcoin ETFs since the products bled $371 million on March 11, according to crypto data provider CoinGlass. BlackRock’s spot Bitcoin ETF, which has registered nearly…
Opinion by: Sergej Kunz, co-founder of 1inch Institutional players have been closely watching decentralized finance’s growth. Creating secure and compliant DeFi platforms is the only solution to build trust and attract more institutions. Clear waters attract big ships Over the past four years, institutional DeFi adoption has gone from 10% of hedge funds to 47%, and is projected to rise…
This content is provided by a sponsor. PRESS RELEASE. Singapore, April 9, 2025 — Kraken, one of the world’s leading cryptocurrency exchanges, has announced the listing of WINkLink (WIN) for spot trading, with new WIN/USD and WIN/EUR trading pairs. WINkLink is the first comprehensive oracle of the TRON ecosystem. The listing comes alongside the launch […] Source: https://news.bitcoin.com/kraken-lists-winklink-win-with-90000-reef-program-airdrop/
Bitcoin (BTC) price made a swift move to $78,300 at the April 9 Wall Street open as “herd-like” price action in equities markets continued to spook risk-asset traders. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin gyrates as stocks make history Data from Cointelegraph Markets Pro and TradingView showed BTC/USD retargeting five-month lows under $75,000 before rebounding leading into the NY trading…
Trump’s ‘America First’ platform, which he built his successful campaign around, promised to reconfigure global trade in favour of the US. This involved encouraging businesses to manufacture domestically, bringing jobs, industry and prosperity back to parts of the country that liberalised trade and outsourcing left behind. The US had, or so the argument goes, become more and more reliant on…
Binance is launching a new “reward-bearing margin asset” LDUSDt, which the company says is not a stablecoin. According to an April 9 announcement, LDUSDt can be obtained by swapping Tether’s USDt deposited in the firm’s Simple Earn yield product. Binance stated that holders of LDUSDt will continue to earn yield rewards through Simple Earn, even while using the token for…
We’re thrilled to introduce USDG Rewards, Kraken’s newest rewards program that empowers you to maximize the value of your assets effortlessly. Designed with simplicity and accessibility in mind, USDG Rewards helps you earn up to 4%+ APR – automatically – on your USDG (a stablecoin pegged 1:1 to the U.S. dollar) holdings.1 With no activation required, weekly payouts and complete…
The European Central Bank is intensifying its warnings over stablecoin adoption, with one of its top officials calling for a digital euro to curb the influence of US dollar-pegged stablecoins across the continent. ECB executive board member Piero Cipollone has penned another article highlighting concerns over the growing popularity of US dollar stablecoins, arguing that launching a central bank digital…
The European Central Bank is intensifying its warnings over stablecoin adoption, with one of its top officials calling for a digital euro to curb the influence of US dollar-pegged stablecoins across the continent. ECB executive board member Piero Cipollone has penned another article highlighting concerns over the growing popularity of US dollar stablecoins, arguing that launching a central bank digital…
On Wednesday, as President Donald Trump’s tariffs officially went into effect, long-term bond yields began charting a steady climb toward historic peaks. Recent figures reveal that the yield on the U.S. 30-year Treasury note experienced its most significant weekly rise since 1981. Basis Trade Dysfunction Sends Shockwaves Through Markets Trump’s trade conflict has unsettled financial […] Source: https://news.bitcoin.com/yield-shock-30-year-us-treasury-note-sees-largest-weekly-jump-since-1981/
