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Spenser Reed

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A proposal may be in the works at the decentralized lending platform Aave AAVE tickers down $122.31 , deliberating the activation of a ‘fee switch’ to distribute fees to holders. This was shared by Aave Chan Initiative founder Marc Zeller on the X social platform.

Aave contemplates fee distribution in DeFi shake-up

Spenser Reed - 0
The fee switch will allow governance to control and adjust fee-related policies based on the platform’s needs and objectives. A proposal may be in the...
The frequency of Bitcoin reaching higher support price levels, as well as the “lack of immediate froth” in the derivatives markets, suggests that its price is unlikely to retrace down to $50,000 anytime soon, according to a crypto analyst.

Bitcoin ‘pretty unlikely’ to revisit $50K price level, says analyst

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Bitcoin hasn’t dipped below $50,000 since late February, and it appears unlikely to return to that level soon, according to crypto analyst Dylan LeClair. The...
Do Kwon and Terraform Labs were found liable for defrauding investors in a U.S. SEC civil case that ended on April 5. Expecting mining profitability to drop after the Bitcoin halving? Think again, says a market maker interviewed by Cointelegraph.

Here’s what happened in crypto today

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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs,...
Bankrupt crypto lending firm Genesis reportedly offloaded about 36 million shares of the Grayscale Bitcoin Trust (GBTC) to acquire additional Bitcoin BTC tickers down $67,898 as part of its preparations to settle its debts with creditors.

Genesis purchases $2.1B of Bitcoin following GBTC sell-off

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The significant Bitcoin purchase comes after Coinbase declared that the majority of the proceeds from the GBTC sell-off would “remain within the crypto ecosystem.” Bankrupt...
Bitcoin BTC tickers down $65,912 mining company Bitfarms will invest nearly $240 million to upgrade its Bitcoin mining equipment as it aims to remain profitable after the Bitcoin halving in 2024.

Bitfarms announces $240M mining upgrade to triple post-halving hash rate

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Bitfarms holds $66 million in cash and 806 BTC in its treasury, giving it a total liquidity of $123 million. Bitcoin mining company Bitfarms will invest...
Bitcoin BTC tickers down $66,141 returned above $66,000 on April 3 as market observers brushed off Silk Road BTC sales.

Bitcoin traders ignore Silk Road sale as BTC price bounces to...

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Bitcoin “bearish narratives” should not get in the way of the broader picture, analysis says. Bitcoin returned above $66,000 on April 3 as market observers brushed...
Crypto industry analysts are calling the current Bitcoin halving cycle the “weirdest” bull market on record, following a premature Bitcoin all-time high and a massive rush into memecoins.

Memecoin madness is breaking the Bitcoin halving cycle

Spenser Reed - 0
Liquidity seems to have skipped a few steps and gone from Bitcoin straight into memecoins amid a “weird” bull market, say observers. Crypto industry analysts...
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