Lookonchain APP

App Store

Bloomberg: Coinbase to Launch Bitcoin Yield Fund for Institutional Investors

4 hours ago

On April 28th, as reported by Bloomberg, Coinbase Asset Management is slated to initiate a novel fund intended to offer regular income for clients' holdings of Bitcoin. This particular product, named the Coinbase Bitcoin Yield Fund, is planned to be launched on May 1st and aims to achieve an annualized net return rate ranging from 4% to 8%, with the proceeds being distributed in the form of Bitcoin. The fund is exclusively available to non-US institutional investors.
Relevant content

Analyst: Manufacturing Data Causes Dollar to Return to Lows

On April 28th, the analysts of the financial website Forexlive stated that the US Dollar has once again reached a low point. US stocks are maintaining stability while the dollar remains weak. The decline of the dollar is accelerating, which is an ominous sign. The latest downward movement occurred as the Dallas Fed manufacturing index fell to its lowest level since May 2020. The report is filled with concerns about tariffs and uncertainties in the real economy. The market is weighing whether all this bad confidence data really does predict an economic slowdown. Each such data point weakens the case for bullishness, especially after the strong rebound of US stocks and the dollar last week. (FXStreet)

3 minutes ago

Ika Receives Strategic Investment from Sui Foundation, Total Funding Surpasses $21 Million

On April 28th, according to chainwire, the Multiparty Computation (MPC) network Ika announced that it has obtained a strategic investment from the Sui Foundation. As a result, its total funding has reached more than 21 million US dollars. Furthermore, the network is on the verge of being launched on Sui.

3 minutes ago

Trump's 100-Day Presidential Inauguration Rally will be held in Michigan on April 29th.

On April 28th, according to official channels, "Securing American Greatness" is scheduled to host a large-scale event to commemorate Donald Trump's first 100 days in office as the President of the United States. The event will be held in Michigan on April 29th. Subsequently, Trump retweeted the link for event registration.

3 minutes ago

Jupiter has announced the launch of Ultra v2 Mode, offering Gas-Free Transaction Support

April 28th. According to official channels, Jupiter has announced the launch of Ultra v2 mode. This mode enables users to find the best price for actually executing exchange transactions. Ultra v2 provides dynamic broadcast mode, dynamic Gas fee adjustment, top-tier MEV protection, and a proprietary broadcast engine. Ultra v2 users can receive priority support. In case a transaction encounters problems or the exchange transaction does not meet expectations, Jupiter will offer 24/7 assistance. Ultra v2 offers gas-free transaction support. This allows users to directly exchange any token even if there is no SOL in their wallet. Network fees are handled by Jupiter in the background, relieving users of the worry. To cover relevant costs, Jupiter may impose a small additional fee based on the specific transaction.

3 minutes ago

The Trump Crypto project WLFI has officially signed a Memorandum of Understanding with Pakistan

On April 28th, according to official information, the cryptocurrency project WLFI backed by Trump has officially reached a Memorandum of Understanding with Pakistan with the aim of collaborating to jointly drive innovation and development.

3 minutes ago

Worldcoin has announced details of WLD circulation: currently around 1.3 billion tokens, representing 13% of the total supply.

On April 28th, as per the Worldcoin official blog, by today, the circulating supply of the WLD token is approximately 1.3 billion, making up 13% of the total supply. WLD is mainly distributed for free through human uniqueness verification. Currently, more than 12 million people have completed Orb verification. The portion held by the team and investors will be linearly unlocked over a maximum of 5 years and is expected to be completed by 2028.

3 minutes ago