blockchain enthusiast, and a full time dad;) I never loose, I either win or learn...
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United States Ether exchange-traded funds (ETFs) posted a net inflow of $106.6 million on their first day of trading — despite massive outflows from Grayscale’s freshly-converted Ethereum Trust.
It is what it is, get ready 😎
The company’s total net revenue saw a 40% increase year-over-year, reaching $618 million. Transaction-based revenues climbed 59% to $329 million.
This ongoing congestion stems from continued strong activity across financial transfers, Ordinal inscriptions, and Runes protocol engagements. Although a record high of over 927,000 transactions was confirmed on April 23, the daily transaction confirmation rate has since adjusted to between 400,000 and 700,000.
The news arrives as Prime Minister and his party aim to raise capital gains taxes.Media coverage primarily highlights that this hike targets anyone, $183K in annual gains will be impacted.
Bitcoin is facing challenges on Thursday, with its price declining 1.9% over the past 24 hours. However, despite this downturn, BTC has seen a 4.8% increase over the past week.