CoinsAQ summary · neutral
Crypto apps are shutting down as capital floods into Bitcoin ETFs and stablecoins
What happened
Crypto money is concentrating in regulated rails, leaving wallets, NFT apps, and DeFi platforms under pressure. More than 80 crypto projects formally shuttered or began winding down in the first quarter of this year. RootData’s “dead-project” archive, which tracks closures,.
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Bitcoin eases to $77,900 as Binance customers pull $3.6 billion after withdrawals reopen
Bitcoin eases to $77,900 as Binance customers pull $3.6 billion after withdrawals reopen Bitcoin fell 0.4% to around $77,900 since midnight UTC as Binance customers pulled a net $3.64 billion after withdrawals reopened and ETFs lost $643 million. By Oliver Knight,.