The fifth-largest cryptocurrency is benefitting from multiple catalysts, including bustling meme coin and DeFi activity, upcoming network upgrade and increasing interest in restaking arriving to the ecosystem.
Roughly 13 out of the 25 biggest U.S.-based hedge funds held the spot bitcoin ETFs at the end of March, according to data from bitcoin brokerage River.
Softer U.S. inflation figures and big institutional interest in the spot bitcoin ETFs helped turn sentiment around.
ZkSync wrote on X that “handing over governance” is expected by the end of June.
All but two cryptos in the index moved higher over the past week, with Cosmos and Aptos missing out on the rally.
The Bitcoin script restoration project aims to bring back and expand the functionality of Bitcoin’s script language.
Ajit Singh joins the Proof of Workforce Foundation’s mission of promoting Bitcoin adoption to workforce organizations.
The investment management company reported owning over $800 million of BlackRock’s Bitcoin ETF alone.
The House is set next week to vote on a wide-ranging bill to set crypto regulations, though its potential in the Senate remains murky, despite the optimism of its proponents.
Sluggish U.S. retail sales and softer inflation reports have opened the way for the next leg up in the crypto rally, Swissblock said.
