The cryptocurrency market has experienced notable events over the past 24 hours, influencing prices, regulatory landscapes, and technological advancements.
Bitcoin ETFs Break Outflow Streak with $13.3M Inflow.
After a period of outflows totaling $1.33 billion in March, Bitcoin Exchange-Traded Funds (ETFs) have recorded an inflow of $13.3 million. This shift occurs as Bitcoin’s price approaches $85,000, despite ongoing macroeconomic concerns and geopolitical uncertainties. $BTC
Trump Family Reportedly Engages in Talks with Binance.
Reports indicate that the Trump family held discussions with Binance in 2024 regarding acquiring a stake in the crypto exchange. These negotiations were part of Binance’s strategy to resume its U.S. operations, highlighting the intersection of politics and the cryptocurrency industry.
Ethereum Gas Fees Plummet Post-Dencun Upgrade.
One year after the Dencun upgrade, Ethereum’s average gas fees have decreased by 95%. Data from Etherscan reveals that the average cost per transaction has dropped from approximately $86 to $0.39, significantly enhancing the network’s affordability and user experience. $ETH
Turkey Implements Stricter Crypto Regulations.
The Turkish Capital Markets Board has established comprehensive regulatory control over crypto asset platforms. This move includes overseeing licensing, operations, and compliance, aiming to enhance investor protection and market integrity within Turkey’s rapidly growing crypto sector.
Telegram’s Wallet to List 50 Tokens and Launch Yield Program
Telegram’s Wallet is set to undergo significant enhancements in the next two months. The platform plans to list 50 tokens and introduce a yield program, allowing users to earn returns on assets like Tether (USDT). These developments aim to expand Wallet’s functionality and appeal within the crypto community.
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