Bitcoin Halving Nears as ETF Demand Wavers, Uniswap Faces SEC, and Ethereum Scaling Attracts Funding
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Spot bitcoin ETFs experienced rare net outflows last week ahead of the upcoming bitcoin halving event.
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Uniswap Labs received a Wells notice from the SEC, indicating potential enforcement actions against the decentralized crypto exchange.
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Monad Labs raised $225 million to expand its Ethereum-compatible blockchain that aims to achieve 10,000 transactions per second.
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All eyes are on the upcoming bitcoin halving event expected by the end of May, which will cut the bitcoin issuance rate in half.
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Spot bitcoin ETF demand has been credited for bitcoin's recent price rally, differentiating this halving from prior ones.