Crypto_Mining12

Record Inflows into Bitcoin Spot ETFs Following Market Volatility
April 22 saw nearly $1 billion flow into Bitcoin spot ETFs, according to Bloomberg Intelligence data. This surge in capital is part of a broader trend, with leveraged long ETFs and those holding safe assets like cash and gold also seeing record inflows.

Leveraged long ETFs and cash & gold ETFs have experienced significant fund inflows, driven by investors utilizing two strategies: investing in falling prices or hedging risk.

Eric Balchunas, Bloomberg Intelligence analyst, highlighted this trend, noting that these strategies are actively being executed amidst market uncertainty.

The fund inflow spike followed Trump's tariff announcement on April 2, which triggered significant market volatility. While the S&P 500 dropped by about 5%, Bitcoin showed resilience, recovering without major losses.

On April 22, Bitcoin's spot price reached $90,000 for the first time in six weeks, sparking the $1 billion inflow into $BTC ETFs. As of April 23, Bitcoin traded above $93,000.

This signals growing institutional confidence and investor interest in Bitcoin, despite broader market challenges.

#BTCETFSPOT #ETFs #CryptoNewss

Ripple Launches RLUSD Stablecoin, Surprising DeFi Users with Ethereum Integration
Ripple has launched its RLUSD stablecoin, entering the DeFi market, but recent data revealed that about 70% of RLUSD's total supply was issued on the Ethereum blockchain, surprising many users.

The total supply of RLUSD is approximately 294 million tokens. Of this, 32% (or 94.4 million tokens) were issued on $XRP Ledger (XRPL), while the remaining 68% (or 199.6 million tokens) were issued on Ethereum.

$ETH is the dominant blockchain for stablecoins, offering integration with popular DeFi platforms like Uniswap, Aave, and Curve.

Ripple’s decision to issue RLUSD on Ethereum enables immediate access to existing DeFi ecosystems, boosting RLUSD’s utility.

Ripple is prioritizing a multi-chain ecosystem, aiming to expand RLUSD’s presence across various blockchains to compete with existing stablecoins in the market and build trust among DeFi users.

RLUSD’s success will depend on user adoption, integration with DeFi protocols, and regulatory clarity.

Ripple envisions RLUSD’s multi-chain potential, ensuring it plays a central role in future blockchain ecosystems, not limited to XRP Ledger alone.

$BTC

#Stablecoins #Ripple #ETH

ARK Invest Purchases Solana ($SOL ) Native Tokens, Gaining Attention in the Crypto Market
ARK Invest has made a notable move by purchasing Solana (SOL) native tokens, signaling increased institutional adoption of cryptocurrencies. This investment is seen as a symbolic shift toward blockchain assets beyond just Bitcoin and Ethereum.

ARK Invest acquired SOL through the SOLQ ETF, a staking fund launched in Canada, marking the first time SOL was included in ARK’s U.S.-based ETFs, ARKF and ARKW.

The move indicates a shift in ARK’s investment strategy, now focusing on Proof of Stake (PoS) assets like Solana, expanding beyond their traditional Bitcoin and Ethereum-heavy approach.

This action could encourage other U.S. funds to follow suit, especially as the SEC signals a potential regulatory easing on cryptocurrency ETFs. While SEC has yet to approve a U.S.-based Solana ETF, SOLQ presents a promising alternative.

Solana’s appeal is supported by 40% annual developer growth, fast transaction speeds, and lower fees compared to Ethereum. SOL's price recently surged by 29.5% in the past two weeks, reflecting growing market interest.

Despite a limited immediate price impact, ARK Invest’s commitment to Solana demonstrates confidence in its long-term value, challenging the notion that SOL is merely a speculative asset. Cathie Wood highlighted Solana as a faster and more efficient network, signaling her trust in its future potential.

#ArkInvest #CathieWood #ETFs

MicroStrategy’s Bitcoin Investment Yields Over 25% Returns
MicroStrategy (MSTR) has generated over 25% returns from its Bitcoin (BTC) investments, with a paper profit of around $9 billion, according to SaylorTracker data.

Michael Saylor, co-founder of MicroStrategy, indicated the possibility of further Bitcoin purchases.

As of Q1 2025, 13,000+ institutions and 814,000 individual accounts hold MSTR directly, while 55 million individuals gain indirect exposure via ETFs, mutual funds, and pension portfolios.

Bitcoin Purchases Funded via Bonds and Stock Issuance
MicroStrategy funds its Bitcoin acquisitions through corporate bonds and stock issuance, providing investors indirect access to Bitcoin while channeling traditional market capital into the Bitcoin market.

NASDAQ 100 inclusion by December 2024 is expected to boost capital inflows.

Julian Parra, a Bitcoin analyst, noted that 12 U.S. states (including California, Florida, and Texas) are exposed to MicroStrategy’s Bitcoin investments.

Eric Balchunas, Bloomberg ETF analyst, emphasized that institutional Bitcoin ETF flows have contributed to price stability, with $2.4 billion flowing into Bitcoin ETFs in 2024.

MicroStrategy’s strategy is driving institutional exposure to Bitcoin while increasing the stability of Bitcoin’s price through these market mechanisms.

$BTC $ETH $XRP

#MicroStrategy #BTC

Binance CEO CZ Announces Simplification of $BNB Staking Ecosystem

Changpeng Zhao (CZ), founder of Binance, recently unveiled plans to simplify the BNB staking ecosystem, which is expected to have a positive impact on BNB’s price.

BNB staking ecosystem has become overly complex, with multiple derivative tokens such as asBNB, slisBNB, and clisBNB. CZ’s plan aims to integrate these tokens into a single system.

The new system will reduce fragmentation in the reward structure, increase liquidity, and make it easier for users to participate in staking.

Experts believe that these changes will enhance the interoperability of the Binance ecosystem and drive BNB price growth.

Analysts, including Castillo Trading and Mr. Crypto, predict that BNB could reach $630 due to the formation of a rising triangle pattern on its chart.

These changes signal a potential bullish trend for BNB, benefiting both the Binance ecosystem and the broader market.
$BTC $XRP

#bnb #CZ

Solana dApps Outperform Competitors with Record Revenue
Solana-based dApps generated $2.8 billion in revenue over the past 12 months, surpassing the combined revenue of all other blockchain-based dApps by 47%, according to a report by Syndica.

Key Insights
Solana dApp revenue began outperforming competitors in October 2023, and the gap continues to widen.

Low fees and a user-centric experience have made Solana appealing to both users and developers, leading to higher engagement.

However, the revenue is primarily driven by crypto trading apps, which adds volatility to the numbers.

Notable dApp Performers
Top earners include exchanges, wallets, and trading platforms.

Pump.fun, a meme coin launchpad, generated $31 million in revenue in March, competing with Axiom in the meme coin dApp market.

January saw a peak of $710 million, but March saw a sharp drop to $146 million.

This performance highlights Solana’s strong ecosystem but also reflects the volatile nature of crypto-driven applications.

$SOL $BTC

#solana #dApps #bitcoin

Binance Dominates CEX Market Despite Competition
TokenInsight’s exchange market analysis report shows Binance continues to dominate the centralized exchange (CEX) market, holding over one-third of total CEX trading despite competition from platforms like MEXC and Bitget.

Q4 2024: Binance recorded $9.95 trillion in trading volume, maintaining its market leadership.

Q1 2025: Despite market volatility, Binance’s trading volume reached $8.39 trillion, securing a 36.5% market share.

Binance also leads in spot and derivatives trading, with 45% and 17% shares, respectively.

Binance’s ability to balance spot and derivatives trading demonstrates its market adaptability and liquidity management.

It maintains a strong presence in open interest and continues to be one of the most trusted digital asset exchanges globally.

Global trade tensions and economic uncertainty led to a market correction in 2025 Q1, with a 12.53% decline in the top 10 exchanges trading volume.

The total market cap for digital assets dropped by 22.8% to $2.7 trillion in Q1 2025, following a bull market in late 2024.

Binance’s dominance remains strong, but it faces broader market challenges as the industry navigates economic uncertainties.

#Binance #CryptoNewss #BTC #CZ #top

Bitcoin Dominates Market Share, Ethereum Hits Record Low

Bitcoin’smarket share has surpassed 63%, increasing by 4.6 percentage points in Q1 2024, showing its increasing dominance as investors flock to it as a stable asset.

$ETH market share has dropped to 7.2% as of April, approaching its all-time low of 7.09% in September 2019.

Contributing factors include low institutional demand, ETF fund outflows, and the rise of competing Layer-1 blockchains.

Total Value Locked (TVL) Trends
Ethereum's TVL share fell from 61.2% in February 2024 to 51.7%.

XRP saw a 200% increase in TVL share, driven by expectations around its SEC lawsuit settlement.

$BNB and Solana ($SOL ) also experienced significant growth, with BNB up 40% and SOL up 172%.

This data highlights the growing shift towards Bitcoin and the challenges faced by Ethereum in maintaining its dominance in the digital asset market.

#BTC #Dominans #CryptoNewss #BinanceAlphaAlert #Ethereum

3iQ Corp. Launches Solana Staking ETF (SOLQ) on Toronto Stock Exchange
3iQ Corp. has announced the launch of the Solana Staking ETF (SOLQ), set to list on the Toronto Stock Exchange (TSX) at 9:30 AM EST on November 1. This marks the first North American ETF to integrate Solana native staking rewards in a regulated exchange-listed product.

Key Features of SOLQ
SOLQ offers investors access to Solana native staking rewards without the need for direct interaction with the asset custody or protocol.

Previously, Solana staking rewards were limited to cryptocurrency users only.

Figment has been selected as the primary staking provider for the ETF, leveraging their strong infrastructure and track record in the Solana ecosystem.

Figment's Role
Figment has been a key validator in the Solana ecosystem, with over $15 billion in assets staked across 40+ protocols.

CEO Lorien Gabel stated that combining institutional-grade staking infrastructure with traditional investment products provides sustainable staking returns for a new wave of investors.

Previous Milestones by 3iQ
3iQ launched the world’s first Ethereum staking ETF in 2023 and also introduced the first Bitcoin ETF (BTCQ) on global exchanges.

This launch reflects 3iQ’s commitment to innovation and strengthening collaborations within the digital asset ecosystem.

#etf

Ethereum dApps Lead in Fee Revenue, Dominating Competitors
In Q1 2025, Ethereum's dApps generated $1.014 billion in fee revenue, outperforming competitors by a large margin, according to Bitcoin.com.

Fee Revenue Breakdown
Ethereum led with $1.014 billion in fees.

Base (Coinbase’s Layer-2 chain) followed with $193 million.

Other competitors:

BNB Chain: $170 million

Arbitrum: $73.8 million

Avalanche C-Chain: $27.68 million

Ethereum's Dominance
Ethereum continues to lead the DeFi and Web3 space in user engagement and transaction activity.

Despite growth from Layer-2 and alternative chains, Ethereum’s stable infrastructure and robust developer ecosystem remain key to its continued market dominance.

This reinforces Ethereum's position as the leading blockchain platform in the ecosystem.

#ETH

Mantra ($OM ) Price Crash: Mantra Chain Denies Involvement

Mantra Chain clarified on X (formerly Twitter) on April 14 that the price crash of Mantra (OM) was not related to their project.

The team stated that the incident was caused by reckless liquidations, not any actions by Mantra.

They emphasized, “This was not the fault of our team” and assured the community that an investigation is underway.

Mantra Chain promised to provide further details as soon as possible, and users are awaiting additional updates to understand the cause of the incident.

#om

Binance Seeks to Lift AML Monitoring and Partners with Trump Family's Crypto Project

Binance has requested the U.S. Treasury to end its AML monitoring, following a $4.3B fine for violations in 2023.

The exchange is also in talks with Trump family’s World Liberty Financial to list their upcoming USD1 stablecoin on Binance’s BNB blockchain.

Binance aims to re-enter the U.S. market through these collaborations.

Political Concerns
Changpeng Zhao (Binance CEO) and the Trump family have connections raising concerns about political influence and regulatory leniency.

Justin Sun (Tron founder) is also involved with World Liberty Financial, with discussions about SEC’s case against him.

#Binance

SEC Issues New Disclosure Guidance for Crypto Companies
The U.S. SEC has recommended that crypto companies provide detailed disclosures if their tokens might be considered securities.

Key Points
The SEC emphasized clarity on how a company's operations and token roles are defined.

While the SEC did not specify which crypto tokens are securities, the guidance aims to clarify how federal securities laws apply to digital assets.

Disclosure recommendations include details on the business model, token purpose, and network technology stack.

No Legal Binding
The guidance is non-binding and does not alter existing legal rules or require new regulations.

It is part of ongoing efforts to define SEC jurisdiction over the crypto industry.

This move continues the SEC’s work to define clearer regulatory frameworks for the evolving crypto market.

#SEC

Bitcoin and Altcoins Surge Following Trump’s Tariff Announcement

After Trump's decision to delay tariffs on some countries for 90 days, Bitcoin (BTC) surged by 8.4% to $83,321, while Ethereum (ETH) rose 14%, and XRP increased by 15%.

China's tariffs were increased to 125%, but tariffs on other countries were delayed for 90 days.

The announcement sparked a rally in digital assets, with Bitcoin maintaining a falling wedge pattern and continuing to rise.

Bitcoin Price Outlook
Current Support Levels: Bitcoin is testing the $65,000–$71,000 range.

Bullish Scenario: If Bitcoin breaks the falling wedge upper boundary, it could reach $100K.

Bearish Risk: Failure to break through could lead to a downturn.

On-Chain Data: A successful rebound could significantly increase the likelihood of Bitcoin reaching $100K.

#BTC

U.S. Bitcoin Strategy Sparks Global Interest in China’s Crypto Policy Shift
The U.S. government's move to adopt Bitcoin (BTC) as a strategic asset has increased market focus on potential changes in China’s cryptocurrency policy.

Grayscale reports that if China eases its crypto regulations, it could accelerate global Bitcoin adoption.

Trump's directive to establish a Strategic Bitcoin Reserve could influence global policy shifts, with China being a key player.

While China has banned most crypto trading and mining, Hong Kong continues to expand its crypto activities under the One Country, Two Systems framework.

China's Regulatory Shifts
Grayscale noted that China's regulators are re-evaluating their legal stance on cryptocurrencies, with discussions on how to handle digital assets in legal disputes.

The report suggests that U.S. policy changes could influence other countries' crypto policies, highlighting the global impact of U.S. actions.

#BTC

SEC to Host Digital Asset Regulation Roundtable on April 11
The SEC will hold a roundtable on digital asset trading regulations on April 11, featuring SEC officials, private sector representatives, and companies like Uniswap and Coinbase.

The event is part of the SEC’s "Spring Sprint" program to clarify digital asset regulations, covering topics like custody, tokenization, and DeFi.

Hester Peirce hopes it will lead to clearer digital asset regulations. The SEC is also reviewing existing policies and may revise or withdraw certain guidelines.

#SEC

U.S. Digital Asset Regulation Changes Seen as Key Opportunity for Asia
At the Web3 Festival in Hong Kong, experts discussed how U.S. regulatory changes in digital assets could benefit Asia, highlighting the importance of unique strategies and technological innovation in advancing the Web3 ecosystem.

Key Takeaways
U.S. regulatory changes will enhance global connectivity in digital assets.

Hong Kong and Singapore can leverage their strengths in Web3 and AI for trust-building.

Japan aims to grow its digital asset market share from 1% to 20%, focusing on AML and security.

Hong Kong will work on digital asset classifications and legal frameworks in the next 1-2 years.

Experts agree that U.S. reforms will positively impact Asia, with AI-Web3 integration and security as key growth drivers.

#CryptoNewss

Trump’s Meme Coin ‘Official Trump (TRUMP)’ Crashes After Tariff Announcement
TRUMP, the meme coin created by Donald Trump, plunged to $9.34 on CoinMarketCap following the announcement of his new tariff policy. This marks a significant drop from its peak of $71 shortly after its launch in January.

Tariff Announcement
April 5: 10% basic tariff on all imports to protect U.S. manufacturing.

April 9: Reciprocal tariffs up to 54% on dozens of countries, including China.

These measures sent shockwaves through global markets, with the S&P 500 dropping 4.84% and Nasdaq falling by 5.97%.

The digital asset market also took a hit, with a 6.5% drop in total market cap in a single day.

Controversy Over the Meme Coin
Launched just before Trump’s presidential inauguration, the TRUMP meme coin has sparked debates and criticisms.

Vitalik Buterin, Ethereum’s founder, called political coins “unlimited political bribes”.

Consumer advocacy group Public Citizen raised concerns about potential violations of federal laws on public officials’ gift acceptance.

The tariff policy and the TRUMP coin's volatility highlight the intersection of politics and digital assets, which has caused significant market disruption.

#TRUMP

Bitcoin Shows Signs of Decoupling from Traditional Markets Amid Tariff Shocks

Bitcoin has started to show signs of decoupling from traditional markets, particularly after Trump’s tariff announcement, with speculation that it may reach **$100K faster than expected.

Bitcoin's Price Action: After Trump’s tariff announcement on April 2, Bitcoin initially dropped by 3%, reaching $82,500, but then rebounded 4.5% to surpass $84,000.

Traditional Markets: During the same period, the S&P 500 fell by 10.65%, and gold dropped by 4.8%, after hitting a record high of $3,167 on April 3.

Bitcoin and Gold: “Gold Leads, Bitcoin Follows”

This movement reinforces the narrative of “gold leading, Bitcoin following”.

In the past, gold’s stable rise led Bitcoin to surge, as seen in 2019 when gold gained 15% and Bitcoin jumped 170%.

Potential for Bitcoin to Surpass Gold

Market Analyst MacroScope suggests that if Bitcoin hits $100K, it could mark a leadership shift from gold to Bitcoin.

Mike Alfred from Alpine Fox echoed this, stating that Bitcoin has the potential to grow at least 10 times more than gold.

Warning Signs in Bitcoin-Gold Ratio

However, there are warnings

The BTC/XAU ratio is testing support levels and could signal further weakness. In previous cycles, the ratio fell to support at the 200-2W EMA after testing the 50-2W EMA.

While Bitcoin shows promising growth potential, its performance relative to gold could face volatility and risk of further declines.

#bitcoin

Illinois to Withdraw Lawsuit Against Coinbase Over Staking Services
Illinois has announced plans to withdraw its lawsuit against Coinbase regarding staking services, marking the fourth state to do so after Kentucky, Vermont, and South Carolina.

Illinois Secretary of State, Alexi Giannoulias confirmed the withdrawal, but did not specify the timing.

In 2023, Illinois filed the lawsuit, alleging that Coinbase violated state securities laws through its staking program, joining nine other states in the legal action.

The SEC had also filed a similar federal lawsuit, but it was withdrawn in February.

Currently, six states continue to pursue lawsuits: Alabama, California, Maryland, New Jersey, Washington, and Wisconsin.

#bitcoin