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Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

2024.12.16 14:48:36

In the past 7 days, #Bitcoin's TVL increased by $3.09B, #Etherum's TVL increased by $2.22B, and #Hyperliquid's TVL increased by $1.87B.

Funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

Relevant content

Bitwise AVAX Spot ETF Begins Trading Today, with $400,000 in Trading Volume in the First 90 Minutes

April 16 — Bitwise has officially launched its Spot Avalanche ETF (ticker: BAVA) today. The ETF holds AVAX tokens directly and intends to stake the AVAX it holds, sharing approximately 5.4% of average staking rewards while maintaining liquidity. On its first day of trading, the Spot Avalanche ETF recorded $400,000 in volume within the first 90 minutes. Bloomberg ETF analyst James Seyffart noted, “That’s quite impressive.”

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Bitcoin Core Developer: Rather than Risking 5.6 Million BTC to Quantum Hacking, It's Better to Lock Them Up

April 16th – Bitcoin Core developer Jameson Lopp recently argued that freezing long-dormant bitcoins would be preferable to letting quantum computing attackers potentially steal them in the future. Roughly 5.6 million BTC (about 28% of the total supply) has been inactive for over a decade, likely permanently lost, with a current value of around $420 billion. If these dormant coins were cracked by a quantum computer and entered circulation, it could spark severe price swings, market panic, and erode confidence in the Bitcoin network. Lopp stressed this is not an outcome he wants, but rather a contingency plan to counter a potential existential threat. He’s more focused on rendering these “lost” coins unusable to attackers. The BIP-361 proposal, which Lopp contributed to, aims to phase out the current quantum-vulnerable signature scheme and push users to upgrade their wallets by invalidating transactions from non-upgraded ones. The idea is still in its early stages, and Lopp himsel

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If Deal Is Reached with Iran, Trump Will Visit Pakistan

On April 16, Arabic outlet Al Hadath reported that U.S. President Donald Trump would travel to Pakistan if a deal is reached with Iran.

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Google has announced that the Gemini app is now available on Mac

Per monitoring from OneMillion AI, Google has announced the Gemini app is now available on Mac. The update delivers faster, more seamless integration with native macOS, letting users access AI assistance directly from their desktop. Users can share any on-screen content—including local files—with Gemini, so the AI can accurately process the information they’re viewing. Complex charts also get real-time summaries from Gemini.

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Delysium Co-Founder Transfers 131,750 RAVE to Bitget, Worth $1.7 Million

April 16th — Per EmberCN monitoring, Delysium co-founder Xiankun Wu’s crypto address transferred 131,750 RAVE tokens to Bitget, worth $1.7 million. His RAVE holdings were acquired via unlocked distribution/airdrop two months ago, when they were valued at just $46,000.

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Tether's Bitcoin Reserve Reaches 97,141 BTC, Unrealized Gain Surges to $2.175 Billion

**April 15 –** EmberCN monitoring data shows Tether’s Bitcoin (BTC) reserve address withdrew 951 BTC (valued at $70.47 million) from Bitfinex 15 minutes ago. The withdrawn tokens are reportedly among those Tether purchased in the first quarter of this year. Tether has accumulated BTC in this address since 2023 using 15% of its quarterly profits, and typically moves holdings from Bitfinex a few days after each quarter concludes. The address currently holds 97,141 BTC (worth ~$7.2 billion) — ranking as the fifth-largest Bitcoin wallet globally. Based on the withdrawal price from Bitfinex, the average purchase cost for these BTC is approximately $51,312, resulting in an unrealized gain of roughly $2.175 billion as of now.

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