News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Quick Take A new Bitcoin mining report from Cambridge University says that sustainable energy use by the industry has reached 52.4% — up from 37.6% in 2022. The figure exceeds Elon Musk’s stated threshold of 50% for Tesla to resume allowing bitcoin payment options, though the electric vehicle manufacturer is yet to do so.
Shiba Inu faces renewed sell-off fears after hackers offload 150 billion SHIB tokens. SHIB battles resistance near $0.0000145 as bullish momentum faces critical test. Longer-term SHIB forecasts predict over 100% upside if market stability returns.
Quick Take The second-largest decentralized exchange (DEX) aggregator by volume has activated support for Solana. 1inch said it intends to enable cross-chain swaps soon, connecting Solana to 10 decentralized finance blockchains.
Quick Take Spot bitcoin ETFs in the U.S. recorded their seventh consecutive day of inflows on Monday. Bitcoin remains relatively stable, trading at $94,359 after briefly rising above $95,000 earlier on Monday.
Onyxcoin’s technical indicators show a mixed but stabilizing outlook as it holds key support levels and eyes a potential push toward $0.024.
Bitcoin price volatility catalysts line up as traders weigh the likelihood of a trip below $90,000 to test recently-reclaimed support levels.
- 14:28Bitcoin ETF sees a net inflow of 1,366 BTC today, while Ethereum ETF records a net inflow of 14,140 ETHAccording to Lookonchain, today 10 Bitcoin ETFs achieved a net inflow of 1,366 BTC, approximately $128 million. Among them, BlackRock's iShares had a single-day inflow of 2,273 BTC, with a current holding of 601,209 BTC, valued at approximately $56.11 billion. At the same time, 9 Ethereum ETFs had a net inflow of 14,140 ETH, approximately $24.75 million. Among them, Fidelity had a single-day inflow of 13,988 ETH, with a current total holding of 416,732 ETH, with a market value of approximately $729 million.
- 14:28Stacks: sBTC Withdrawal Feature Now LiveThe Bitcoin Layer2 network Stacks has announced that the sBTC withdrawal feature is now live. To ensure the system operates smoothly, the withdrawal limit will temporarily be restricted to 150 BTC per day.
- 14:28US PCE Inflation Progress Stalls While Consumer Spending Remains StrongThe PCE inflation data favored by the Federal Reserve showed its first stagnation in nearly a year in March, with strong consumer spending providing a welcome relief before the market anticipated tariffs would generally drive up prices. Data released by the U.S. Bureau of Economic Analysis indicated that the PCE index has remained stagnant since February. Excluding food and energy, the core PCE also remained flat, marking the mildest level in nearly five years. After adjusting for inflation, the actual personal consumption expenditure monthly rate in March increased by 0.7%, with the previous month's data revised upwards, indicating that households made significant expenditures to avoid new tariffs. These data conclude the first quarter, during which the U.S. economy experienced its first contraction since 2022 due to a surge in imports before tariffs and moderate consumer spending. (Jin10)