Here's a quick rundown on today's #crypto news:
➡️Mantra CEO John Mullin refuted claims of insider token sales related to the recent collapse of the OM token.
➡️#BTC ETFs experienced a 300% increase in outflows due to escalating US-China trade tensions, reflecting investor caution. On the other hand, reports show that Bitcoin's market dominance is significantly higher than it was in 2021, indicating greater influence on the overall crypto market. Data also suggests that major crypto investors are showing increased confidence in Bitcoin.
➡️Xapo Bank experienced a significant increase in Bitcoin trading activity during the first quarter, driven by wealthy clients.
➡️President Trump hosted El Salvador’s President Bukele, focusing on trade, immigration, and security cooperation, excluding discussions about Bitcoin.
➡️DeFi crypto lending surpasses $19 billion in 2024, nearly doubling CeFi counterpart.
➡️Phantom sued after alleged wallet flaw led to $500,000 crypto theft, Wiener Doge token collapse.
➡️Canada is launching staking-enabled spot Solana ETFs.
➡️Ethereum is not failing, it’s maturing, says Christopher Greenwood from Apex Fusion at Paris Blockchain Interview
➡️A Swedish lawmaker continues advocating for including Bitcoin in the country’s strategic reserves.
➡️Bo Hines: The US government is exploring using tariff revenue to fund the purchase of additional Bitcoin.
