News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Check out why BTC may hit a new ATH this year.
Quick Take The German government transferred 133.722 bitcoins to market maker Cumberland DRW before sending 150 coins to crypto exchange Kraken and 1,000 coins to the B2C2 Group. It also transferred 300 bitcoins to Coinbase, 300 bitcoins to Bitstamp and 1,000 bitcoins to market maker Flow Traders.
Quick Take ZKM has unveiled its Bitcoin Layer 2 solution, GOAT Network, set to launch later in Q3. GOAT Network has secured 5,000 BTC in commitments from institutional node operators to date, with plans to open a Series A fundraising round soon.
Andrew Kang warns against early buying during downward trends, noting deeper, longer corrections after market structure breaks.
Quick Take Golem has sent over $100 million in ether to various exchanges over the last month. The amount sent represents a significant portion of their remaining reserves of around 126,000 ETH.
- 15:40Trump to Consider Whether to Dismiss Fed Chair PowellOn April 18, White House economic adviser Hassett said on Friday, when asked if dismissing Federal Reserve Chair Powell was an option, that Trump and his team will look into it. Hassett responded to reporters at the White House, saying: "The President and his team will continue to study this matter." The day before Hassett's exchange with the media, Trump escalated his long-standing dispute with Powell, accusing him of "playing politics" by not cutting interest rates and claiming he has the authority to "soon" remove Powell from his position.
- 15:39Bitcoin ETFs Net Inflow of 1,147 BTC Today, Ethereum ETFs Net Outflow of 3,775 ETHAccording to Lookonchain statistics, 10 Bitcoin ETFs saw a net inflow of 1,147 BTC today (approximately $97.03 million), with iShares (BlackRock) accounting for 955 BTC, currently holding a total of 573,188 BTC (approximately $48.47 billion). In contrast, 9 Ethereum ETFs experienced a net outflow of 3,775 ETH (approximately $6 million), with Grayscale leading the outflow of 5,241 ETH, and currently holding 1,169,305 ETH (approximately $1.86 billion).
- 15:39Redacted Coin Announces Final Tokenomics Plan for RDACAccording to official news, Redacted has announced the final allocation plan for the RDAC token. The official statement highlights that the token allocation reflects the principles of fairness, collaboration, and sustainable long-term development, aiming to incentivize early contributors, community participants, and builders. Within this plan, the Jirasan community will receive tokens with 25% unlocked at the TGE, followed by a 3-month cliff, and then linear monthly releases. There is potential for accelerated release upon reaching milestones such as Tier 1 listing, revenue, and market capitalization. Other community allocations will use different TGE unlock percentages, with a 3-month cliff and 24-month linear release. Team tokens are strictly based on market cap thresholds for unlocking, with a 12-month cliff. For every $100 million increase in market cap, 10% is unlocked; if the market cap does not reach $100 million, team tokens will be permanently burned, with the unlock cap set at a $1 billion market cap. Redacted stated that this model draws on the long-term incentive framework of Binance's founder, Changpeng Zhao, ensuring the team benefits only when goals are achieved. It also announced that previous versions of the token economic model are now void. Previously reported, Redacted completed a $10 million funding round, co-led by Spartan Group, with Saison Capital, Animoca Brands, and Polygon Ventures also participating.