Crypto Calendar News

💰 GBTC Reserves Dip Below 300,000 BTC Amidst 3 Weeks of Crypto Fund Outflows Grayscale’s Bitcoin Trust (GBTC) has witnessed a significant reduction in assets under management, with the trust’s holdings now falling below the 300,000 BTC mark, a key milestone. Additionally, the latest report on digital asset fund flows from Coinshares shows that bitcoin and ether exchange-traded products (ETPs) have seen withdrawals for three consecutive weeks. Source https://t.me/Bitcoin_Crypto_Coin_Calendar

💰 VanEck lead charge as Australia prepares for Bitcoin ETF launch Earlier today, Bloomberg reported that the Australian Securities Exchange (ASX) could approve its inaugural batch of spot Bitcoin ETF before the end of the year after receiving applications from notable players like VanEck, BetaShares, and DigitalX. Meanwhile, this upcoming launch would mark Australia’s second wave of such products. In 2022, the country witnessed the introduction of various crypto ETFs from entities like Cosmos Asset Management and Global X 21Shares. Source https://t.me/Bitcoin_Crypto_Coin_Calendar

🇺🇸 FBI Warns Against Using Unregistered Cryptocurrency Money Transmitting Services The Federal Bureau of Investigation (FBI) has issued a warning about using unregistered cryptocurrency money transmitting services that fail to comply with U.S. anti-money laundering laws. The agency has provided tips for the public to protect themselves, advising them to avoid providers that do not require Know Your Customer (KYC) information. Source https://t.me/Bitcoin_Crypto_Coin_Calendar

🇷🇺 Russian Duma considers exchange ban as Beribit clients demand crypto, receive chocolate The troubles began with reports of a raid by Russian authorities on the offices of crypto exchange Beribit at the end of March, allegely in connection to the Crocus City Hall terrorist attack. Then, Beribit, which is an officially licensed exchange in Russia, announced on Telegram that during a change in leadership, discrepancies in the company's financials were found and an audit had to be undertaken. Source https://t.me/Bitcoin_Crypto_Coin_Calendar

🟠 Binance’s defense against SEC could be aided by Mango Markets case Binance could strengthen its defense against the US Securities and Exchange Commission (SEC) by drawing on an unrelated case. On April 26, Binance and related parties filed a government document from an unrelated case against Mango Markets exploiter Abraham Eisenberg, who was convicted by a jury on April 18. Binance’s defense team drew attention to a specific paragraph in which the US government expressed its position on whether a particular stablecoin, USDC, is a security. Source https://t.me/Bitcoin_Crypto_Coin_Calendar

💰 Bitcoin miner Marathon Digital targets its hash rate to double in 2024 Bitcoin miner Marathon Digital has raised its 2024 hash rate growth target in response to Bitcoin’s fourth halving event, which reduced miners’ block subsidy rewards from 6.25 BTC to 3.125 BTC. Starting 2024 with a total hash rate of around 24.7 exahash per second (EH/s) across its mining facilities, Marathon initially planned to increase its hash rate by around 46% during the year, targeting 35-37 EH/s. Source https://t.me/Bitcoin_Crypto_Coin_Calendar

🇺🇸 SEC cold-shoulders Ethereum ETF applicants in meetings, dashing hopes of May approval The US SEC is expected to reject several applications for exchange-traded funds (ETFs) based on Ethereum, the world’s second-largest cryptocurrency, Reuters reported on April 25, citing industry insiders. Firms such as VanEck and ARK Investment Management, among others, have submitted applications to the SEC for ETFs that would directly track the spot price of ether. Source https://t.me/Bitcoin_Crypto_Coin_Calendar

🇪🇺 Europe tightens crypto regulations with new anti-money laundering laws Crypto Asset Service Providers (CASP) in Europe would have to implement stringent Know Your Customer (KYC) procedures to combat money laundering following the European Parliament greenlight of new Anti-Money Laundering Regulations (AMLR), according to an April 24 statement. Under the AML, a new regulatory body called the Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) will oversee and enforce compliance with the revamped protocols. Source https://t.me/Bitcoin_Crypto_Coin_Calendar

💰 Bitcoin miner revenue holding steady following halving Perhaps the most significant moment of the past week was the bitcoin halving, which happened late in the day on Friday, April 19. As a reminder, the halving happens every 210,000 blocks, or roughly every four years, given that a block gets mined around every 10 minutes and decreases the reward for mining a bitcoin block by half, slowing bitcoin’s issuance. Source https://t.me/Bitcoin_Crypto_Coin_Calendar

💰 Bitcoin Runes made up 57.7% of transactions on halving day Bitcoin halving, Runes have sparked intense debate and speculation by embedding rich data within Bitcoin's ledger, shifting how users interact with the blockchain. By leveraging transaction augmentation, Runes can enhance transactions with diverse data, from simple messages to complex scripts, showing a remarkable capability distinct from other Bitcoin-enhancements like Ordinals and BRC-20 tokens. Source https://t.me/Bitcoin_Crypto_Coin_Calendar