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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Genesis purchased 32,041 bitcoins to repay customers after selling GBTC shares
Genesis purchased 32,041 bitcoins to repay customers after selling GBTC shares

Bankrupt crypto lender Genesis purchased 32,041 bitcoins.It sold nearly 36 million Grayscale Bitcoin Trust shares.The bitcoins will be used to repay customers.

The Block·2024/04/06 09:58
Bitcoin (BTC) Challenges $68K, Dogecoin (DOGE) Soars 5% Daily (Weekend Watch)
Bitcoin (BTC) Challenges $68K, Dogecoin (DOGE) Soars 5% Daily (Weekend Watch)

NEAR and STX are the other notable gainers from the larger-cap alts, followed by TON and AVAX.

Cryptopotato·2024/04/06 07:52
Genesis purchases $2.1B of Bitcoin following GBTC sell-off
Genesis purchases $2.1B of Bitcoin following GBTC sell-off

The significant Bitcoin purchase comes after Coinbase declared that the majority of the proceeds from the GBTC sell-off would “remain within the crypto ecosystem.”

Cointelegraph·2024/04/06 03:59
Ethereum Restaking Protocol and Its Future Prospects
Ethereum Restaking Protocol and Its Future Prospects

BlockBeats-Article·2024/04/06 03:28
Flash
  • 07:07
    Swell: Bridge funding exceeds $120 million, mainly flowing in through the Stargate protocol
    Swell posted on X stating that its bridging funds have exceeded 120 million US dollars, with more capital flowing in. Major assets such as Ethena Labs' USDe, ether.fi's weETH and Swell's rswETH are moving at scale and speed. Most of the funds are transferred through the cross-chain liquidity protocol Stargate (supported by LayerZero technology).
  • 07:05
    Trader Peter Brandt: BTC may continue to rise, with a short-term price target of $125,000
    After BTC recently fell below the major threshold of $91,000, it rebounded strongly this weekend and has currently slightly fallen back to around $96,000. In this process, veteran trader Peter Brandt reiterated his bullish view on BTC and stated that it may continue to rise in the future. In addition, other on-chain indicators also show that BTC has a good momentum for the future. In recent analysis, Brandt said that BTC could reach $108,358 in the next few days. However, he also quoted technical charts warning that the price of BTC might pull back to $76,614 in an upward trend and added "this is not a prediction", pointing out market risks. He stated these analyses only reflect "possibilities not probabilities or certainties". Moreover, he recently set his target price for BTC at $125 thousand.
  • 07:04
    The founder of ai16z publishes an article explaining the project structure and relationships between various entities
    ai16z founder Shaw has published an article explaining the project structure and the relationship between various entities: ai16z is a decentralized DAO, owning tokens ai16z and degenai; ElizaOS is an open-source AI agent framework; Eliza Labs is responsible for developing elizaOS. Shaw also emphasized that DAOs are decentralized, adopting a fair launch model without any entity intervention or team allocation, venture capital or similar arrangements. In addition, the ELIZA token was developed by an independent team and received support but it's not an official product.
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