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Stablecoin Expansion Continues as Bitcoin Rally Appears to Stall

Stablecoin Expansion Continues as Bitcoin Rally Appears to Stall

The unabated expansion of stablecoin supply shows capital continues to flow into the crypto market, one observer noted.

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Bitcoin ETF Trading Volumes Tripled in March as the Largest Cryptocurrency Hit Record Highs

Trading volumes for the exchange-traded funds soared to $110 billion, three times higher than either January or February, led by BlackRock’s IBIT.

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ARK 21Shares Bitcoin ETF Logs $88M of Outflows, Overtaking Grayscale for First Time

For the first time, outflows from Ark 21 Shares overtook Grayscale’s.

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Coinbase Offers Unique Exposure to the Long-Term Growth of Crypto: KBW

The broker raised its price target to $230 from $160 and maintained its market perform rating.

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Wormhole to begin airdrop claims of over 670 million tokens today

Interoperability platform Wormhole will allow users to claim the token airdrop today at 7:30 a.m. ET.

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Ark Invest’s spot bitcoin ETF sees daily net outflow of $87 million

Ark Invest’s ARKB spot bitcoin ETF sees a net outflow of $87.5 million, surpassing that of Grayscale’s ETF on Tuesday.

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Bitcoin Back Down to $66K as Rising Treasury Yields Catch Investor Interest

Prediction markets and CME’s Fed Watch Tool have virtually ruled out a rate cut until later this year

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What a Judge Said About the SEC’s Suit Against Coinbase

Coinbase and Custodia both lost early and preliminary court fights. The Coinbase loss was more or less expected – companies rarely win much on a motion for judgment at such an early stage – but still pretty enlightening.

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The SEC’s Shot Across the Bow on ‘AI Washing’

Go to Source Author: Daren Firestone

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Memes to Millions: The Tax Implications of Sudden Crypto Wealth

Go to Source Author: Zac McClure

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