Bitcoin Meme Coin PUPS Fuelled by Hype Ahead of Runes Release
Ordinals and Runes are both projects by long-time Bitcoin developer Casey Rodarmor, which has created trust and lent an idea of authenticity among users.
Markets
Hong Kong-Listed Bitcoin ETFs Could Unlock Up to $25B in Demand, Crypto Firm Says
Singapore-based Matrixport expects mainland Chinese investors to move billions into potential Hong Kong-listed spot BTC ETFs through the Stock Connect program.
Bitcoin Stable Near $71K as GBTC Outflows Pick Back Up
The Thursday total ETF flow was negative, with GBTC leading the pack
Ondo Spikes 8% as Ondo Finance Tests Instant Conversion From BlackRock’s Tokenized Fund to USDC
Stablecoin issuer Circle introduced a new smart contract function earlier Thursday to allow near-instant, around-the-clock redemptions from BlackRock’s BUIDL fund for USDC stablecoins.
Aptos Falls 16% Over Past Week, Lagging Ahead of $300M Token Unlocking Event
Nearly 25 million of locked-up APT tokens will be released Friday including to early investors, TokenUnlocks data shows.
Pepe Coin Spikes on Coinbase International Plan to List Perpetual Futures
The crypto exchange’s off-shore arm will open perpetuals market for the popular meme coin on April 18.
Crypto for Advisors: Are ETH ETFs Coming?
Market odds of approval in May are dwindling, but David Lawant and Purvi Maniar of FalconX say we’ll likely see an ETH ETF approval over the next 12-18 months.
Shiba Inu Joins CDSA to Battle AI-Driven Concerns Using Shibarium
Shiba Inu is the first layer 2 blockchain to join the media and entertainment association to develop blockchain technology for content security and distribution.
First Mover Americas: Uniswap’s Token Slides on SEC Lawsuit
The latest price moves in bitcoin (BTC) and crypto markets in context for April 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Grayscale Bitcoin ETF Sees Record Lowest Daily Outflow of $18M
The relatively low figure is a sharp decline from GBTC’s usual outflow amounts.