Hakan Ateşler 
Grayscale, which experienced a huge wave of sales with the approval of ETFs in the US on January 10, and the number of Bitcoins held by the GBTC fund is decreasing day by day, is also going backwards in market share. For the company, which held more than 619 thousand BTC when ETFs were accepted, this figure is currently around 311 thousand.
Hong Kong accepted Bitcoin and Ether spot ETFs yesterday, and experts are wondering when they will be launched in the region. “Spot BTC ETF may start in late Aprilt,” said the CEO of OSL, which will be a service provider to two major Chinese companies.
Binance exchange, which has recently announced many delistings as well as listings, announced that it will add 6 new crypto pairs to its platform. The new trading pairs will be on the exchange will be listed from April 17th.
While tensions between Israel and Iran have sent cryptocurrencies plummeting, whale accounts appear to be making conflicting moves. On-chain data shows that 2 whales are buying heavily on dips, while other whales are panic selling.
Bitcoin, which started to drop sharply on Friday evening and fell below $61,000 on Saturday, started to fall again with the news that Israel would respond to Iran, although it saw a certain recovery as of yesterday. The price plunge further eroded altcoins.
While the tension between Iran and Israel, which started on Friday evening and peaked on Saturday, brought a decline in cryptocurrencies that will not be forgotten for years, it was revealed that $300 million USDT was transferred from the Tether Treasury to two exchanges during the market drop.
The STEPN project, which attracted great interest especially in 2022, announced partnership with German sportswear giant Adidas. Within the scope of the partnership, 1000 NFTs of co-branded sneakers called Genesis Sneakers will also be released.
The movements in cryptocurrencies, which declined with the Iran-Israel tension in the minutes when the markets closed on the last working day of the week, were not fully reflected in the funds. While there was a net outflow of $126 million from crypto funds, Bitcoin saw an outflow of $110 million and Ethereum an outflow of $29 million. Surprise inflows to altcoin funds also attracted attention.
Germany’s largest state-backed federal bank, Landesbank Baden-Württemberg (LBBW), known as the most financially powerful country in Europe, will start providing crypto custody services to its corporate clients. The bank has also partnered with the Bitpanda exchange for this service.
One account that earned 50 BTC during Bitcoin’s early mining days became active for the first time since April 23, 2010, and sent its BTC to the Coinbase exchange.