Bitcoin
The fourth halving saw a decline in BTC held by miners, a stark contrast with the accumulation trend observed in previous halving.
DeFi
Wormhole’s W token will initially launch on the Solana network before expanding to other EVM chains using Wormhole’s Native Token Transfers.
An issue with Lido’s smart contracts is preventing staked SOL holders from withdrawing their funds from the protocol, which still holds $24 million worth of deposits.
Major asset managers have begun submitting their first 13F filings of 2024, providing a possible glimpse into the market for bitcoin ETFs.
Bitcoin is already trading at near an all-time high going into April’s halving, which will reduce the introduction of new bitcoin supply by 50%. Can it continue to rise?
Bitcoin miners have recorded their highest level of monthly earnings ahead of the upcoming halving event, which would likely cut their profit margins in half unless the price of bitcoin increases significantly.
Solana
While three-quarters of those voting supported the governance vote, some in Jupiter’s forum discussion and on social media strongly disapproved of the large JUP allocation.
NFTs
With NFT volumes in decline and a surge in memecoin trading, market behavior suggests a new preferred asset for crypto enthusiasts.
Ethereum
Polygon Labs’ Marc Boiron says if all layer 3 networks settled on to one layer 2 then Ethereum would capture “basically no value” and the blockchain’s security would be at risk.
Bitwise CIO Matt Hougan suggested that a delay in approving spot Ethereum ETFs could make them more successful as it gives traditional finance more time to get comfortable with Bitcoin and crypto.
