Crypto News
Lightchain Protocol AI Launches Massive Developer Grant Program to Accelerate Ecosystem Innovation
This content is provided by a sponsor. PRESS RELEASE. As one of the most talked-about Layer 1 crypto presales this year, Lightchain Protocol AI is making a bold move to expand its ecosystem through innovation and collaboration. Starting this April, Lightchain AI is launching a new developer-focused grant and ecosystem incentive initiative, aimed at attractingSource link
This Bitcoin Hedge Fund Is Taking Treasuries Companies Global: Blockspace
This Bitcoin-focused hedge fund outperformed bitcoin last year.210k Capital, the hedge fund for UTXO Management, was the fifth best performing single major hedge fund in 2024 according to HFR. It returned 164% net of fees in 2024. UTXO Management is the investing arm of BTC Inc., of Bitcoin Magazine and Bitcoin Conference fame.This article first appeared on Blockspace Media, the leading Bitcoin industry publication dedicated to covering Bitcoin tech, markets, mining, and ordinals. Get Blockspace articles directly in your inbox by clicking here.Single manager hedge funds are run by one entity, versus multi-manager or fund-to-fund hedge funds, which have multiple portfolio managers.In HFR’s recap of its 2024 Global Hedge Fund Industry Report Q4 2024, the research firm revealed that cryptocurrency-focused...
NHL, MLS Licensee Sweet Launches Sports Games With TON Token Rewards
Players of Telegram sports games can earn the upcoming SCOR token on TON, with plans to integrate it into NHL and MLS collectibles platforms.Source link
Bitcoin ETFs Hit Hard With $326 Million Outflow, Marking Fourth Straight Day of Redemptions
Bitcoin ETFs suffered a steep $326 million outflow on Tuesday, April 8, led by a massive withdrawal from Blackrock’s IBIT. Ether ETFs didn’t fare much better, posting a $3.29 million exit from Fidelity’s FETH. Blackrock’s IBIT Leads $326 Million Bitcoin ETF Exit, Ether ETFs Also Slip Bitcoin exchange-traded funds (ETFs) are deep in outflow territory,Source link
UK Bond Yields Hit 5.5%, Stirring ‘Memories of 2022 Pension Crisis’
As of Wednesday morning, the yield on the UK’s 30-year government bond soared to 5.5%—its highest level since 1998—mirroring a broader climb in U.S. sovereign yields and sparking fresh concerns about financial market stability.Surging global bond yields are exerting significant downward pressure on risk assets. Since the U.S. equity sell-off began last Thursday, the Nasdaq has dropped 10%, while bitcoin (BTC) has fared slightly better, down 8% over the same period. In the same time the U.K. 30-year bond yield is up 8%, while the U.S. 30-year is up 12%. Charlie Morris, founder of ByteTree, believes investors will start to seek diversification into other assets including bitcoin. “It appears that the UK has been living beyond its means for too...