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Latest from Parikshit Mishra
Bitcoin Layer 2 Coins, STX, ELA, SAVM, Outperform BTC After Halving
Top Bitcoin Layer 2 coins have risen 5% to 20% since halving, leaving BTC behind, according to data source CoinGecko.
Bitcoin Transaction Fees Come Crashing Down Post Halving
After the halving, fees spiked to $146 for a medium-priority transaction and $170 for a high-priority transaction.
Bitcoin Spot ETFs Register Five-Day Withdrawals Streak Ahead of Halving
GBTC again led the outflows, while inflows into BlackRock's IBIT continued to slow, provision data from Farside show.
Polymarket Traders See 32% Chance of No Fed Rate Cuts This Year
The hawkish shift in the market sentiment could dampen the demand for risk assets, including cryptocurrencies and technology stocks.
New Zealand Starts Digital Cash Consultation
The consultation paper asked its citizens to respond on the digital cash design, whether or not interest should be paid and if there should be holding limits.
USDe Holders Should Monitor Ethena's Reserve Fund to Avoid Risk, CryptoQuant Warns
CryptoQuant also said that Ethena's keep rate should remain above 32% in the event of a bear market.
Binance Could Come Back to India by Paying $2M Fine: Report
The exchange could return as a FIU-registered firm after paying the fine, the report added.
Bitcoin Dominance Increases as Halving Nears and BTC Price Lingers Near $61K
BTC dominance is creeping upwards as Layer-1s and Artificial Intelligence tokens had a rough week, while Google search interest in the halving skyrockets.
DeFi Firm Usual Labs Raises $7M Round Led by Kraken Ventures and IOSG Ventures
The firm has received a commitment of $75 million in total value locked for the launch of its stablecoin USD0.
Bitcoin ETFs Are Driving a Spot Multiplier Effect, Canaccord Says
Many investors find the underlying cryptocurrency more attractive than ETFs given the ability to hedge and to generate yield on HODLs, the report said.
