Coinbase saw trade volume in Q1 more than doubled to $312 billion, with institutional volume increasing faster than retail, accounting for 82% share of the total
— link | @unfolded
Crypto trading firm Wintermute to provide liquidity for Hong Kong Bitcoin and Ether ETFs
Digital asset investment products saw outflows for the fourth consecutive week totalling $251m. This week marked the first week to see any measurable outflows from the newly issued ETFs in the US.
Spot ETFs in Hong Kong saw $307m inflows in the first week of trading
— link | @unfolded
U.S. spot Bitcoin ETFs saw +$217.3m net inflows this Monday. Second consecutive inflow day for $GBTC
— link | @unfolded
SEC issues Robinhood Crypto with Wells Notice, citing alleged securities violations
US spot Bitcoin ETFs saw a +$378.5m net inflows today.
It is the first positive net flow day since April 23rd, and the largest net inflow day since March 26th.
Largest inflow day since inception for $ EZBC Franklin
In Q1 2024, venture capitalists invested $2.49bn (+29% QoQ) into crypto and blockchain-focused companies across 603 deals (+68% QoQ).
This was the first rise in both capital invested and deal count in 3 quarters, perhaps signaling that Q4 2023 was the “bottom,” However, sustained and larger increases are needed to confirm this trend
— link | trade like a pro on Bitfinex
Jack Dorsey’s Block says it will buy Bitcoin every month with 10% of its Bitcoin-related gross profit until the end of 2024
The current BTC price is the average purchase price of the Spot Bitcoin ETF buyers, ~$57K to ~$58K
— link | trade like a pro on Bitfinex
BlackRock sees sovereign wealth funds, pensions coming to Bitcoin ETFs
Jack Dorsey's Block faces scrutiny from federal authorities over non-compliant crypto services
Tether releases Q1 2024 attestation, reports record net profit of over $4.52 billion
CZ sentenced to 4 months in prison
Coinbase rolls out Lightning Network support in collaboration with Lightspark
SEC argues $2 billion penalty against Ripple is needed, slams $10 million counterproposal
98% of FTX creditors will receive at least 118% of their approved claims in cash within 60 days after the effective date.
Other creditors to receive 100% of allowed claims plus billions in compensation for time value of their investments
Revolut launches standalone crypto trading platform for UK retail customers
SEC delays Invesco & Galaxy spot Ethereum ETFs
https://vxtwitter.com/paoloardoino/status/1786751936760312050
Grayscale (GBTC) Daily BTC Flows: +63.1m, first inflow since ETF conversion
— link | trade like a pro on Bitfinex
U.S. Bitcoin ETF saw $36.7m net outflows. Only $GBTC was negative today
— link | @unfolded
Coinbase Q1 revenue $1.64b (estimated $1.32b)
Hong Kong Bitcoin & Ether ETFs saw $292m in assets on Day One
Approximately $175B worth of Bitcoin are now held by ETFs, countries, public and private companies
— link | @unfolded
Roger Ver arrested in Spain and charged with mail fraud, $48 million tax evasion, and filing false tax returns, wanted for extradition to the United States
“Sell in May, and stay away” pattern may re-emerge
— link | trade like a pro on Bitfinex
Hong Kong Bitcoin and Ether ETFs have soft debut, the total trading volume hit $11 million
