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⚠️ Hashes Chain Aggregated Hourly News Flash:
Reporting Period: 04:00 - 05:00
🔥 JPMorgan: After the Iran conflict, Bitcoin is increasingly replacing gold as a hedge against devaluation
JPMorgan analysts said that since the Iran conflict broke out, more and more investors have chosen Bitcoin instead of gold as a hedge against currency devaluation.
🔥 Bitcoin falls below $80,000, but BTC ETF weekly inflows hit a four-month high—possibly easing selling pressure
After meeting resistance at $82,800, Bitcoin fell below $80,000. However, spot BTC ETF weekly inflows reached $1.105 billion, the highest in four months, which may slow down selling pressure.
🔥 Coinbase Q1 results fall short of expectations; stock down 4% after hours
Cryptocurrency exchange Coinbase released its Q1 financial results, with both revenue and profits below market expectations. Falling digital asset prices dampened trading activity and investor sentiment, and the stock fell 4% after hours.
🔥 Chrome removes privacy commitments, quietly deploys local AI
Chrome is quietly pushing a 4GB AI model to users’ devices. The latest version has removed the earlier privacy disclosure stating that “data will not be uploaded to Google servers.”
🔥 Tom Lee: BitMine is nearing its 5% supply target and may slow ETH purchases
According to Fundstrat co-founder Tom Lee, after Ethereum treasury company BitMine Immersion Technologies accumulated nearly $12 billion worth of ETH, it may begin to slow its purchasing pace as it approaches the goal of holding 5% of the Ethereum supply.
$btc #eth