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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

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  • 10:33
    Castle Island Ventures Partner: L2 is too greedy, leading to poor performance of Ethereum
    Golden Finance reports that the ETH/BTC exchange rate has reached its lowest level in nearly five years, with some investors even referring to ETH as a "completely dead" investment. Nic Carter, a partner at Castle Island Ventures, believes that "ETH died by its own hand," because L2 was too greedy, leading to declines in Ethereum's trading activity, user growth and fees/income. Ethereum can be seen as a network with practicality but it is "absolutely not" an investment.
  • 10:31
    This week, the net inflow of Bitcoin ETFs in the United States was 196.4 million US dollars, while Ethereum ETFs saw a net outflow of 8.7 million US dollars
    Golden Finance reports, according to Farside Investors data, the net inflow of the US spot Bitcoin ETF this week was 196.4 million USD; this week, the cumulative net outflow of the US spot Ethereum ETF was 8.7 million USD.
  • 10:07
    21Shares: Bitcoin is still defending the $84,000-$85,000 support area, a long-term bullish catalyst is forming
    PANews reported on March 29, according to Benzinga, Matt Mena, a cryptocurrency research strategist at 21Shares, said that US stocks have been volatile amid macroeconomic uncertainty. In contrast, BTC has shown resilience and defended the $84-85k support area. Nic Puckrin, founder of The Coin Bureau pointed out that the PCE data released this Friday could cause the Federal Reserve to delay its recent interest rate cut plan. It is expected that Bitcoin will not return to its historical highs before the Fed cuts rates again. However, long-term positive catalysts for the crypto market are forming. One of them is Paul Atkins - a crypto-friendly figure who is about to be confirmed as chairman of the U.S Securities and Exchange Commission (SEC). This could unlock Ethereum ETF pledges and approve other digital asset ETFs; in addition, proposed legislation for strategic Bitcoin reserves in the United States is expected to be introduced in May. If officially implemented it would make Bitcoin equivalent to gold as a sovereign-level asset.
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