Trading ™️ | TRADE | News

💰 Spot bitcoin ETFs see reduced daily outflows, totaling $34 million Spot bitcoin exchange-traded funds (ETFs) in the U.S. experienced a net outflow of $34.4 million on Thursday, indicating a slowdown compared to the previous day’s record outflows. BlackRock and Fidelity’s bitcoin funds, which are ranked second and third in terms of total net assets, both recorded zero flows on Thursday. Bloomberg’s ETF analyst James Seyffart previously explained that a day of zero flows is normal in ETFs. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews

Discover the future of #Bitcoin payments with SoftNote, proudly brought to you by the Tectum Team! 💥 Mass adoption isn't just a vision; it's already here! 🌍🚀 Time to buy $TET? Absolutely! Join our Telegram Group and be part of this thrilling journey. 👉 https://t.me/tectumglobal Don't miss your chance to be at the forefront of this exciting project! 💸🔥

🏦 Coinbase's Q1 earnings jump to $1.6 billion as transaction revenue soars Coinbase had a bumper first quarter, reporting $1.6 billion in revenue, an increase of 72% from the previous quarter, the company said after today's closing bell. The company also reported a huge swing in net income, registering of $1.18 billion for the quarter, compared to a loss of $79 million in the same period of last year. Coinbase also generated $1.01 billion in EBITDA. Earnings of $4.04 per share beat the consensus estimate of $1.15 per share, according to MarketWatch data. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews

💰 Microstrategy Plans to Launch a Decentralized Identity Solution on Bitcoin According to an unofficial draft on Github, the Orange platform leverages the Bitcoin Inscription DID method (did:btc), which incorporates data inscriptions in Bitcoin’s witness sections to manage decentralized identifiers (DIDs). By utilizing unspent transaction outputs (UTXOs) on the Bitcoin blockchain, Microstrategy Orange aims to ensure a secure and efficient management of digital identities, reducing both transaction fees and block space. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews

📣 Bitcoin's Ethereum-Style Programmability Could Come in 12 Months, Rootstock Founder Says The founder of Bitcoin layer-2 protocol Rootstock has detailed plans for a new "BitVMX" project designed to improve the oldest blockchain's programmability by keying off developer Robin Linus's much-discussed "BitVM" design unveiled last year. "We have a roadmap to finish this in one year" and "we are moving forward at full speed," Lerner said during the presentation. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews

💰 Bitcoin faces potential miner capitulation as hash rate continues to drop The price of Bitcoin has tumbled from its highs of around $73,500 to below $57,000, and as a result of this, further hash rate drops are expected. Luxor’s “hashprice” metric, which quantifies the expected value of 1 TH/s of hashing power per day, currently sits at a five-year low of $0.045 per terahash/second per day. If this trend persists, the digital asset community may witness a miner capitulation event, where Bitcoin mining becomes too expensive relative to the cost of mining. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews

💰 Bitcoin retraces back to critical monthly all-time high support level from 2021 Bitcoin will close April down this evening following a drawdown of roughly 15% since the start of the month. The close of the monthly candle will mark the end of seven successive green candles and the end of a record-making streak. Bitcoin opened the month with a new all-time high for a monthly candle close at around $71,200. The previous high was around $60,500, set in 2021 when Bitcoin traded again as of press time. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews

💰 Bitcoin's 61-Day Streak Above $60K Threatened, $271M in Liquidations as BTC Nears Critical Threshold Bitcoin prices experienced a notable decline on Tuesday, dropping more than 2% against the U.S. dollar in the last 24 hours, following a 7.8% decrease over the previous week. Global trading volumes on spot crypto exchanges have remained subdued, and in the past day, derivatives exchanges saw $271 million in both short and long positions liquidated. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews

📌 Welcome to the @TradingNews ✅Telegram Channel! 📌 Join us for cutting-edge updates and insights in the world of crypto trading. Stay ahead of the curve with real-time news, expert analysis, and strategic advice in the dynamic trading landscape. 🚀 Enhance Your Trading Expertise! 🚀 - Get the latest Bitcoin updates at @BitcoinNews ✅ - Stay informed on Ethereum developments with @EthereumNews ✅ - Explore the diverse altcoin market with @AltcoinNews ✅ - Discover the latest trends in digital and virtual worlds at @MetaverseNews ✅ - Keep up with essential financial market news at @StockNews✅ 📢 Advertising & Promotional Opportunities 📢 - Looking to promote your trading tool or service? - Reach out for targeted advertising options: @CryptoNewsAdminTG ✅ 🔔 Stay Informed and Ahead! - Activate channel notifications for the latest in crypto trading news and insights.

🪙 Consensys alleges the SEC considered ether to be a security over a year ago The U.S. Securities and Exchange Commission approved a "formal order" to investigate ethereum a year ago, Consensys Software Inc. alleged in a newly unredacted complaint on Monday. The blockchain and web3 development company behind the well-known MetaMask Wallet said the regulator "already made what it knew would be a destabilizing reversal of its declaration that ETH was not a security" by early 2023. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews