Take a look at what happened in the world of Crypto by reading the three best news stories in U.Today.
Bloomberg: American companies may review the role of encryption in the Treasury Management
According to Bloomberg Intelligence Strategies Lu Young and Brain DujeritiPublic companies You may rethink Bitcoin role in the Corporation’s Treasury because of its flexibility. While Bitcoin tends to trade along with the US stock market, this relationship has begun to fade since the “liberation day”. Bitcoin showed amazingly well during the recent tariff disorders, which led to speculation about the potential separation. BTC fluctuations for 10 days less than the main stock market indicators. Strategic strategists argue that corporate leaders can “reconsider” the role of Bitcoin as a hedge against the US dollar amid increased uncertainty in the macroeconomic economy. David, a lawyer, the head of research at Falconx, stated, while Bitcoin has not yet moved independently, but it is no longer an amplification of the risk of stocks as they were. “This is the real and important signal,” is it books.
12 million RLUSD symbols destroyed by Ripple
As mentioned by Ripple Stablecoin Tracker X accountWednesday, April 23, Ripple was burned 12 million USD (RLUSD) Symbols. The burn was followed by the same amount of symbols in the RLUSD Ministry of Treasury. As a reminder, earlier this month, Ripple created more than 100 million response icons to increase demand. According to the data provided by CoinMarketCAP, the market value of RLUSD is approaching the $ 300 million mark; At the time of the press, this scale stands $ 294 million. Ripple aims to place RLUSD between the best five stablecoins according to the maximum market by the end of this year. Stablecoin is available on platforms like Bitstamp, Kaken and Bullish.
912.7 million dollars: Bitcoin etfs records are the largest daily flows since BTC ATH in January
This week, Spot Bitcoin Etfs They suffered from their greatest flows Since Bitcoin has reached its highest level ever for more than $ 109,000, according to Spot on X account. This happened on the same day that Donald Trump was opened as an American president, on January 20. The above -mentioned source also revealed, on April 22, the investment funds circulated in Bitcoin witnessed a total of 912.7 million dollars in flows. Interestingly, Ibit Ibit from Blackrock did not lead the flow categories this time; Instead, the largest flow was recorded by ARK 21Shares for $ 267.1 million, followed by sincerity with $ 253.8 million. Ibit Etf ranked third in third place with a flow of $ 193.5 million. For ARK 21Shares, this was the second largest daily flow since it started circulating last year after the SEC approval.
