🚀 ARK Invest Sells Over 111,000 Shares of Bitcoin ETF
#ARKInvest #BitcoinETF #ARKB #Cryptocurrency #Investment #BTC
According to PANews, ARK Invest recently sold 111,059 shares of the ARK 21Shares Bitcoin ETF (ARKB) through its ARKW fund. The transaction took place on April 28, with the shares valued at approximately $10.496 million, based on the closing price of $94.51 per share.#ARKInvest #BitcoinETF #ARKB #Cryptocurrency #Investment #BTC
🚀 Ethereum Developers Remove EOF from Upcoming Fusaka Upgrade
#Ethereum #Fusaka #EOF #EVM #PeerDAS #blockchain #upgrade #crypto #ETH
According to Odaily, Ethereum core developers have decided to exclude the EVM Object Format (EOF) from the forthcoming Fusaka upgrade. The decision was influenced by several factors, including the tight timeline for the Fusaka upgrade, the development team's consensus to prioritize the advancement of PeerDAS, and the potential technical uncertainties associated with EOF. Additionally, there was a lack of effective incorporation of community feedback into the decision-making process. EOF was initially intended to optimize the EVM bytecode structure, enhancing security and performance, with plans to include approximately 15 EIP contents.#Ethereum #Fusaka #EOF #EVM #PeerDAS #blockchain #upgrade #crypto #ETH
🚀 Bitcoin Exchange Supply Hits Seven-Year Low Amid Increased Fund Inflows
#Bitcoin #CryptoQuant #ExchangeSupply #FundInflows #BTC #Investment #RetailInvestors #PriceSurge #Accumulation #ExchangeWhaleRatio
According to PANews, recent data from CryptoQuant reveals that Bitcoin's supply on exchanges has reached its lowest point in seven years, dropping to 2.488 million BTC last Friday. Although the exchange reserves increased slightly over the weekend to 2.492 million BTC, this level remains the lowest since October 2018. CoinShares reported that Bitcoin funds saw an inflow of $3.2 billion for the week ending April 28. The combination of declining exchange balances and rising fund inflows suggests a new phase of accumulation may be underway. Notably, retail investors appear to have played a more significant role in the past week's price surge compared to previous weeks. This is evident in the 'exchange whale ratio,' which decreased from 0.512 on April 17 to 0.36 by April 27.#Bitcoin #CryptoQuant #ExchangeSupply #FundInflows #BTC #Investment #RetailInvestors #PriceSurge #Accumulation #ExchangeWhaleRatio
🚀 BlackRock Bitcoin ETF Narrows Gap with Strategy Holdings
#BlackRock #Bitcoin #ETF #Bitcoins #Strategy #Crypto #BTC
According to BlockBeats, the difference in Bitcoin holdings between BlackRock's Bitcoin Spot ETF (IBIT) and Strategy has decreased to 20,000 Bitcoins. Currently, IBIT holds 573,869 Bitcoins, while Strategy possesses 553,555 Bitcoins.#BlackRock #Bitcoin #ETF #Bitcoins #Strategy #Crypto #BTC
🚀 Prime Intellect Unveils Inference Stack Preview to Enhance AI Protocols
#PrimeIntellect #InferenceStack #DecentralizedAI #AIProtocols #AutoregressiveDecoding #ComputationalEfficiency #OpenSource #PeerToPeer #PipelineParallelism #GPU #AI
According to Foresight News, decentralized AI protocol Prime Intellect has released a preview of its inference stack. This development aims to address challenges in autoregressive decoding, including computational efficiency, KV cache memory bottlenecks, and public network latency.
The inference stack employs a pipeline parallel design, enabling high computational density and asynchronous execution. Alongside this release, Prime Intellect has introduced three open-source code libraries: PRIME-IROH, a peer-to-peer communication backend; PRIME-VLLM, which integrates vLLM with public network pipeline parallelism; and PRIME-PIPELINE, a research sandbox.
These tools allow users to run large models using GPUs such as the 3090 and 4090, enhancing the capabilities of AI protocols.#PrimeIntellect #InferenceStack #DecentralizedAI #AIProtocols #AutoregressiveDecoding #ComputationalEfficiency #OpenSource #PeerToPeer #PipelineParallelism #GPU #AI
🚀 Bitcoin Mining Sees Increased Use of Sustainable Energy Sources
#Bitcoin #Mining #SustainableEnergy #RenewableEnergy #NaturalGas #Emissions #NorthAmerica #CambridgeCentre #DigitalMining #Hydropower #WindEnergy #BTC
According to PANews, a recent study by the Cambridge Centre for Alternative Finance at the University of Cambridge's Judge Business School reveals that the use of sustainable energy in Bitcoin mining has risen to 52.4%. The report highlights that natural gas has overtaken coal as the largest single energy source for Bitcoin mining. Sustainable energy sources, including 9.8% nuclear energy and 42.6% renewable energy such as hydropower and wind, now account for over half of the energy used in Bitcoin mining. This marks a significant increase from the estimated 37.6% usage of sustainable energy in 2022.
Natural gas now constitutes 38.2% of the energy used in Bitcoin mining, up from 25.0% in 2022, while coal usage has decreased to 8.9%, down from 36.6% in the previous year.
The study, based on data representing 48% of global mining activity, estimates Bitcoin's annual electricity consumption at 138 TWh, which is approximately 0.5% of the global total. The network's emissions are estimated at 39.8 million metric tons of carbon dioxide equivalent (MtCO2e).
The data further underscores North America's pivotal role in the digital mining industry, with the United States accounting for 75.4% of the reported Bitcoin mining activity, followed by Canada at 7.1%.#Bitcoin #Mining #SustainableEnergy #RenewableEnergy #NaturalGas #Emissions #NorthAmerica #CambridgeCentre #DigitalMining #Hydropower #WindEnergy #BTC
🚀 U.S. Commerce Secretary Advocates for Domestic Bitcoin Mining Expansion
#US #CommerceSecretary #Bitcoin #Mining #DigitalCurrency #IndustryGrowth #BTC
According to PANews, U.S. Commerce Secretary Howard Lutnick has announced that the United States will fully support the development of the Bitcoin mining industry within the country. This statement underscores the government's commitment to fostering growth in the digital currency sector.#US #CommerceSecretary #Bitcoin #Mining #DigitalCurrency #IndustryGrowth #BTC
🚀 U.S. Treasury Increases Second Quarter Borrowing Estimate Amid Debt Ceiling Concerns
#USTreasury #BorrowingEstimate #DebtCeiling #FiscalPolicy #ElonMusk #DOGE #GovernmentEfficiency #Expenditures #Revenue #FinancialAnalysis
According to BlockBeats, the U.S. Treasury announced on Monday that its estimated net borrowing for the second quarter has increased by $391 billion compared to February's forecast. This adjustment is attributed to the U.S. Congress's delay in raising the federal debt ceiling, resulting in lower-than-expected initial cash reserves at the start of the quarter. Excluding the impact of the initial cash balance, the borrowing estimate is actually $53 billion lower than previously anticipated in February.
Analysis by Zerohedge suggests that the government efficiency department, led by Elon Musk, known as 'DOGE,' is effectively improving fiscal conditions, indicating a decrease in the U.S. financing needs. Total revenue has slightly surpassed last year's levels, while expenditures remain near the lower end of the historical range.#USTreasury #BorrowingEstimate #DebtCeiling #FiscalPolicy #ElonMusk #DOGE #GovernmentEfficiency #Expenditures #Revenue #FinancialAnalysis
🚀 Japan's Central Bank Expected to Maintain Interest Rates Amid Economic Uncertainty
#Japan #BankofJapan #InterestRates #EconomicUncertainty #Yen #Tariffs #Investment #TradeAgreements #USTreasury
According to BlockBeats, T. Rowe Price's co-portfolio manager for diversified income bond strategy, Vincent Chung, has indicated that the Bank of Japan is likely to keep interest rates unchanged during its upcoming meeting due to uncertainties surrounding economic growth. The appreciation of the yen and concerns over tariffs potentially impacting economic expansion may lead the central bank to delay further rate hikes.
The uncertainty surrounding tariffs has increased the risk premium on U.S. assets, necessitating investor attention to potential trade agreements that could mitigate this risk. Chung noted that if volatility in the U.S. Treasury market decreases, the safe-haven yen long positions should exert short-term pressure on the yen's appreciation.#Japan #BankofJapan #InterestRates #EconomicUncertainty #Yen #Tariffs #Investment #TradeAgreements #USTreasury
🚀 Deadline for Crypto Loss Claims Set by Terraform Labs
#Crypto #LossClaims #TerraformLabs #Terra #Deadline #Trust #Creditors #LUNA
According to Foresight News, Terra has announced that creditors must submit their crypto loss claims to the Terraform Labs Pte. Ltd. Wind Down Trust by May 17 at 11:59 UTC+8. Creditors are required to submit eligible claims through the designated website before the deadline. Late submissions will not be accepted.#Crypto #LossClaims #TerraformLabs #Terra #Deadline #Trust #Creditors #LUNA
🚀 BlackRock ETF Sees Significant Inflow
#BlackRock #ETF #investment #inflow #finance #BlockBeats
According to BlockBeats, ETF expert Nate Geraci reported that BlackRock's IBIT experienced a net inflow of $970.9 million yesterday. This marks the second-largest single-day inflow since the ETF's inception in January 2024.#BlackRock #ETF #investment #inflow #finance #BlockBeats
🚀 Ethereum(ETH) Surpasses 1,800 USDT with a 0.14% Increase in 24 Hours
#Ethereum #ETH #USDT #cryptocurrency #Binance #marketdata #priceincrease
On Apr 29, 2025, 06:09 AM(UTC). According to Binance Market Data, Ethereum has crossed the 1,800 USDT benchmark and is now trading at 1,800.969971 USDT, with a narrowed 0.14% increase in 24 hours.#Ethereum #ETH #USDT #cryptocurrency #Binance #marketdata #priceincrease
🚀 Mastercard Introduces Comprehensive Stablecoin Payment Solution
#Mastercard #Stablecoin #PaymentSolution #Nuvei #Circle #Paxos #Commerce #Payments
According to Odaily, Mastercard has announced the launch of a comprehensive stablecoin payment solution, enabling its global network of 150 million merchants to accept stablecoin payments. The payment giant is collaborating with payment processor Nuvei and stablecoin issuers Circle and Paxos to create a seamless payment ecosystem. Jorn Lambert, Mastercard's Chief Product Officer, expressed the company's belief in the potential of stablecoins to simplify payments and commerce.#Mastercard #Stablecoin #PaymentSolution #Nuvei #Circle #Paxos #Commerce #Payments
🚀 Bitcoin Developers Debate Removal of OP_Return Data Storage Limit
#Bitcoin #OP_Return #data_storage #blockchain #cryptocurrency #developers #proposal #PeterTodd #ChaincodeLabs #Taproot #MARA_Slipstream #debate #BTC
According to PANews, Bitcoin core developers are engaged in a heated debate over the proposal to remove the OP_Return data storage limit. The proposal, PR 32359, submitted by Peter Todd, suggests abolishing the current 83-byte data carrier output restriction. This proposal has theoretical support from Chaincode Labs developer Antoine Poinsot.
Developers argue that the existing limit has proven ineffective, as users continue to store non-financial data through various methods such as Taproot unspendable outputs and private miner memory pools like MARA Slipstream.
Proponents of the proposal believe the current restriction is ineffective and hinders legitimate use cases. Opponents, represented by Luke Dashjr, criticize the proposal as "completely insane," emphasizing the need to fix vulnerabilities rather than allowing "junk data attacks."
The debate is ongoing, with developers posting new comments hourly through email list threads and GitHub. Some express support with simple "concept ACK" comments, although comprehensive technical testing has yet to be conducted. Others oppose the proposal with "concept NACK" comments.#Bitcoin #OP_Return #data_storage #blockchain #cryptocurrency #developers #proposal #PeterTodd #ChaincodeLabs #Taproot #MARA_Slipstream #debate #BTC
🚀 BNB Chain Completes Hard Fork Upgrade to Enhance Transaction Speed
#BNBChain #HardFork #Blockchain #BSC #OpBNB #TransactionSpeed #DecentralizedApplications #UserExperience
According to Odaily, BNB Chain has successfully completed a hard fork upgrade for both BSC and OpBNB. The block time for BSC has been reduced to 1.5 seconds, while OpBNB's block time is now 0.5 seconds. This upgrade significantly accelerates transaction confirmation speeds, enhances the responsiveness of decentralized applications (dApps), and optimizes overall user experience.#BNBChain #HardFork #Blockchain #BSC #OpBNB #TransactionSpeed #DecentralizedApplications #UserExperience
🚀 BNB Surpasses 610 USDT with a 0.71% Increase in 24 Hours
#BNB #USDT #cryptocurrency #trading #Binance #marketdata #priceincrease
On Apr 29, 2025, 07:28 AM(UTC). According to Binance Market Data, BNB has crossed the 610 USDT benchmark and is now trading at 610.289978 USDT, with a narrowed 0.71% increase in 24 hours.#BNB #USDT #cryptocurrency #trading #Binance #marketdata #priceincrease
🚀 Fed Expected to Cut Rates Twice in 2025 Amid Economic Slowdown
#Fed #InterestRates #EconomicSlowdown #RecessionRisk #GlobalEconomy #USEconomy #MonetaryPolicy #2025Economics
According to BlockBeats, Melanie Baker, a senior economist at Royal Asset Management in London, has indicated in a report that the Federal Reserve is anticipated to implement two interest rate cuts in 2025. However, these cuts are not expected to occur before the second half of the year, when clearer signs of an economic slowdown are projected.
Baker highlighted that the risk of a recession has increased, and the economic growth outlook for both the global and U.S. economies has deteriorated. Despite these concerns, she remains in the 'economic slowdown' camp rather than predicting a full-blown recession. This stance is partly due to the suspension of reciprocal tariffs and indications that U.S. President Donald Trump is responding to market pressures.#Fed #InterestRates #EconomicSlowdown #RecessionRisk #GlobalEconomy #USEconomy #MonetaryPolicy #2025Economics
🚀 ECB Official Warns U.S. Trade Measures May Impact Eurozone Inflation
#ECB #Eurozone #Inflation #USTradeMeasures #GlobalEconomicGrowth #Tariffs #EuroStrength #CapitalInflows #TradeDiversification #MultipolarEconomy
According to Odaily, European Central Bank Executive Board member Fabio Panetta has expressed concerns that U.S. trade measures could negatively affect Eurozone inflation in the short term by hindering global economic growth. On Tuesday, Panetta stated that the impact might lead to a decrease in Eurozone inflation rates, as real interest rates in the region have risen and the euro has appreciated following the U.S. announcement of tariffs.
Panetta noted that these trade measures might shift resources from high-productivity sectors to lower-productivity ones, potentially causing inefficiencies similar to those seen in the 20th century. This contraction effect could result in a prolonged decline in global growth rates. Since U.S. President Donald Trump announced the tariffs, the strengthening of the euro has been an unexpected development for policymakers, who had anticipated a depreciation that would increase import costs and, combined with EU countermeasures, potentially drive up inflation.
Panetta highlighted that the Eurozone has benefited from safe-haven capital inflows, leading to the euro's appreciation and a decrease in nominal bond yields. He also suggested the possibility of trade diversification leading to a gradual transition from a U.S.-dominated global system to a more multipolar one, where multiple currencies compete for reserve status.#ECB #Eurozone #Inflation #USTradeMeasures #GlobalEconomicGrowth #Tariffs #EuroStrength #CapitalInflows #TradeDiversification #MultipolarEconomy
🚀 Bitcoin(BTC) Surpasses 95,000 USDT with a 0.22% Increase in 24 Hours
#Bitcoin #BTC #USDT #cryptocurrency #Binance #marketdata #trading #priceincrease
On Apr 29, 2025, 08:16 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 95,000 USDT benchmark and is now trading at 95,000 USDT, with a narrowed 0.22% increase in 24 hours.#Bitcoin #BTC #USDT #cryptocurrency #Binance #marketdata #trading #priceincrease
🚀 🔥 Binance Alpha to Launch Haedal Protocol (HAEDAL) and Airdrop to Users Holding at Least 80 Alpha Points 🔥
#Binance #Alpha #HaedalProtocol #HAEDAL #Airdrop #Crypto #Trading
Binance announced on X that Binance Alpha will launch Haedal Protocol (HAEDAL), with trading scheduled to open on April 29 at 12:00 (UTC). Additionally, all eligible Binance users holding at least 80 Alpha Points will receive an airdrop of 356 HAEDAL in their Alpha accounts within 10 minutes after trading goes live. #Binance #Alpha #HaedalProtocol #HAEDAL #Airdrop #Crypto #Trading