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The Uniswap Labs fee switch has turned out be lucrative, generating over $1M in fees in some recent weeks — link
HONG KONG APPROVES APPLICATIONS OF SPOT BITCOIN, ETHER ETFS
🇺🇸 Congressman Patrick McHenry says the US needs to be a leader in 💰 Bitcoin
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🇸🇻 Paying for Starbucks with 💰 Bitcoin in El Salvador
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💰 Bitfarms expands Bitcoin mining hashrate to 7 EH/s with Quebec upgrades
Bitfarms announced on April 12 that it completed upgrades to its Bitcoin mining facilities in two locations, bringing its total hash rate to 7 EH/s. Bitfarms installed 3,168 T21s devices at its Garlock, Québec facility, plus 1,710 T21s and 100 M53S+ hydro miners at its Farnham, Québec site. Geoff Morphy, President and CEO of Bitfarms, emphasized the benefit of efficiency, asserting the “transformative nature of [the] upgrade plan.” He noted that greater efficiency prepares the company for Bitcoin’s upcoming halving event.
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💰 BlackRock’s IBIT surpasses $15 billion in inflows
Farside data shows that on April 11, Bitcoin (BTC) exchange-traded funds (ETFs) saw a total inflow of $91.3 million. BlackRock’s IBIT experienced a $192.1 million inflow, its largest since April 5, surpassing $15 billion in inflows with an exact amount of $15,144.5 billion. Since its launch, IBIT has averaged $240.4 million a day in inflows, a level not seen since April 5.
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Crypto’s Berachain says funding round increases to $100 million — link
Strong trading volumes on Synthetix continued in the first quarter of 2024 with over $11 billion in volume for the fourth consecutive quarter — link
Hong Kong Poised To Approve Spot ETFs For Both Bitcoin And Ethereum As Soon As Monday: BBG
💰 TD Bank releases commercial explaining the Bitcoin halving and promotes spot Bitcoin ETFs after
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💰 Bitcoin ETF battle heats up as BlackRock closes in on Grayscale
It has been three months since spot bitcoin ETFs began trading and BlackRock's fund appears to be on pace to usurp Grayscale's as the biggest of the crypto-based investment vehicles on offer. According to Trackinsight data compiled by The Block Data Dashboard, as of Tuesday, BlackRock's IBIT fund had $18.2 billion in assets under management compared to Grayscale's $23.2 billion.
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Meme tokens have experienced significant gains in Q1, with weekly trade volume hitting a multi-year high of nearly $80 billion in early March — link
