The Block
Ether options implied volatility for May’s end-of-month expiry shows investors anticipate significant price swings amid growing doubt regarding the approval of a spot ether ETF, an analyst said.
Quick Take A London mayoral candidate plans to give every person in the city £100 worth of a new crypto token and make the banks pay for it.
Bitcoin mining difficulty jumped nearly 4% to reach a record 86.4 trillion on Wednesday in the final adjustment before next week’s halving event. The total network hash rate is at all-time highs as Bitcoin miners prepare for block subsidy rewards to halve from 6.25 BTC to 3.125 BTC.
Bitfinex Securities is launching a tokenized debt issue to construct a Hampton by Hilton hotel complex at El Salvador International Airport.The issuance aims to raise $6.25 million for the 4,484-square-meter development.
MarginFi creator Edgar Pavlovsky said he does not agree with the way the protocol has operated, both internally and externally. Earlier on Wednesday, the platform was accused of acting in bad faith by Solana-based liquid staking protocol, SolBlaze.
The Grayscale Bitcoin Trust ETF saw a net outflow of $17.5 million on Wednesday, SosoValue data showed.Grayscale CEO Michael Sonneshein said that the ETF outflows seem to be reaching an “equilibrium,” according to Reuters.
BlackRock’s spot bitcoin ETF appears on pace to overtake Grayscale as biggest of the crypto-based investment vehicles.Grayscale’s fund, which has higher fees than many competitors, has shed billions of dollars in AUM since trading started in January.
About 18% of GenZers own stocks and 20% own cryptocurrency, according to a survey released on Tuesday.Younger generations are also leaning into crypto compared to more traditional stocks, the survey found.
Quick Take Uniswap Labs received a Wells Notice from the SEC. The crypto industry described it as a war on crypto, particularly DeFi.
Quick Take Uniswap received a Wells Notice, or formal notice of a potential lawsuit, from federal regulators on Wednesday.
