Crypto News
Ethereum Dominates Dapp Revenue in Q1 2025 Raking in Over $1 Billion
Ethereum dApps led the pack in Q1 2025, generating over $1 billion in fees, far outpacing competitors like Base, BNB Chain, and Arbitrum, highlighting Ethereum’s continued dominance in decentralized application revenue. Ethereum Dapps Outpacing Base and BNB Chain in Q1 Fees Ethereum continues to solidify its position as the leading platform for decentralized applications (dApps),Source link
OpenAI Releases GPT-4.1: Why This Super-Powered AI Model Will Kill GPT-4.5
Tech giant's newest AI models outperform predecessors, slash costs, and confuse everyone with their namesSource link
Bitcoin ETFs Log 7th Day of Outflows as Ether ETFs Shed $29 Million
Bitcoin ETFs ended the week with a 7th straight day of outflows, though losses were modest at just $1 million. Meanwhile, ether ETFs recorded a more pronounced $29.20 million exit, led by Grayscale’s ETHE. Bitcoin ETF Sees Modest Exit While Ether ETFs Outflows Accelerate With $29 Million Pullback As the trading week ended on Friday,Source link
Bitcoin Hovers at $85K as Fed’s Waller Suggests ‘Bad News’ Rate Cuts if Tariffs Resume
Bitcoin (BTC) drifted ever so gently upwards Monday as the broader market adjusts favorably to trade-related news.The largest cryptocurrency was up 1.6% in the last 24 hours and is now trading just shy of $85,000. Ether (ETH), meanwhile, rose 2.7% in the same period of time to $1,630. The broad-market CoinDesk 20 Index — consisted of the top 20 cryptocurrencies by market capitalization except for stablecoins, memecoins and exchange coins — advanced 1.2%, led by gains in SOL and AVAX.After a couple of wild weeks, the stock market also edged higher today, the Nasdaq closing with a 0.6% gain and the S&P 500 rising 0.8%. Strategy (MSTR) and MARA Holdings (MARA), led among crypto stocks with roughly 3% gains.The modest...
SEC Delays Decisions on In-Kind Redemptions, Ether ETF Staking
The Securities and Exchange Commission (SEC) is not yet ready to make a decision on two critical features that issuers of the spot crypto exchange-traded funds (ETFs) are hoping to add to their products.The regulator delayed a decision on whether it will allow in-kind redemptions for WisdomTree’s Bitcoin Fund (BTCW) and VanEck's Bitcoin Fund (BITB) and Ethereum Fund (ETHW) on Monday. It also moved its deadline for a decision in regards to a proposal by Grayscale to allow staking its Ethereum Trust (ETHE) and Mini Ethereum Trust (ETH), which the asset manager’s exchange, NYSE Arca had requested in February.Cboe, the exchange that is associated with five of the other issuers of an ether ETF, including Fidelity, Franklin Templeton, VanEck and...