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Crypto

Cardano speeds up transition to Dijkstra, enters Van Rossum hard fork process

Cardano has submitted a governance proposal to start the Van Rossum hard fork on its mainnet, a step toward moving into the Dijkstra era. Van Rossum is a hard fork within the same era that introduces some new features and lays groundwork for Dijkstra, which ultimately brings Leios to the Cardano mainnet. The process follows testing on preview and preproduction networks and includes a Plutus cost model parameter update.

Crypto

Bitcoin slumps after large sale of BlackRock spot bitcoin ETF shares spotted in dark pool

Bitcoin fell sharply shortly after a large dark-pool sale of BlackRock\'s spot bitcoin ETF shares, Cointelegraph reported. An unidentified trader sold 29.2 million shares of iShares Bitcoin Trust (IBIT) in a single block, a transaction worth about $1.3 billion. Bitcoin dropped from $77,875 to $76,720 in about 10 minutes and later slid to $75,600 over 24 hours. U.S. spot bitcoin ETFs extended a streak of net outflows to eight sessions.

Crypto

Asia drives bitcoin rebound; which hours and days deliver best returns

Bitcoin’s rise over the past three months has not been evenly spread across the day, but concentrated in specific trading sessions and weekdays, an analysis showed. Asia-Pacific and U.S. sessions led the uptrend, with Asia-Pacific posting the highest session return. The strongest hourly window was 00:00 to 01:00 UTC. By day, Monday recorded the highest average return, while Thursday was the weakest and weekends underperformed weekdays.