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Roughly 13 out of the 25 biggest U.S.-based hedge funds held the spot bitcoin ETFs at the end of March, according to data from bitcoin brokerage River.
An encouraging sign of bipartisan agreement over sane digital asset rules is also business as usual.
The fifth-largest cryptocurrency is benefitting from multiple catalysts, including bustling meme coin and DeFi activity, upcoming network upgrade and increasing interest in restaking arriving to the ecosystem.
The Bitcoin script restoration project aims to bring back and expand the functionality of Bitcoin's script language.
The halving and a possible U.S. mining tax have miners considering new locations for basing their cost-sensitive operations.
Softer U.S. inflation figures and big institutional interest in the spot bitcoin ETFs helped turn sentiment around.
All but two cryptos in the index moved higher over the past week, with Cosmos and Aptos missing out on the rally.
ZkSync wrote on X that "handing over governance" is expected by the end of June.
The Wall Street giant held roughly $270 million worth of Grayscale’s Bitcoin Trust as of the end of March, according to a filing.
The so-called FIT21 legislation to establish a U.S. regulatory regime for digital assets is set for a floor vote next week, and the sector is telling House leaders the effort is "crucial."