Analysis
Crypto
BlackRock’s Bitcoin ETF AUM up 50% in a week amid market rally
BlackRock's IBIT now has $14.7 billion in assets under management, representing total holdings of 203,754 Bitcoin.
Analysis
Analysts lower odds of Ethereum ETF approval to 35%
Industry experts believe the odds of an Ethereum ETF securing approval in May have fallen significantly due to a lack of activity among relevant parties.
Politics
Trump says he has no intention of stopping people from using Bitcoin
Despite his recognition of crypto's growth, Trump strongly advocated for the continued dominance of the US dollar as the global reserve currency.
Crypto
Cathie Wood sees Bitcoin at $1 million sooner than 2030 after record ETF performance
Wood stated that ARK Invest now considers the previous bull-case target of $1 million by 2030 too conservative.
Mining
Bill Ackman sparks broad discussion on Bitcoin’s energy use
Ackman's comments delved into the potential economic and environmental impacts of Bitcoin mining as the flagship crypto's prices continues to surge.
ETF
Bitwise reveals major institutions will start investing in Bitcoin ETFs starting Q2
Bitwise said it is in "serious due diligence discussions" with a variety of major financial and corporate entities interested in Bitcoin.
Crime
FBI cybercrime report reveals crypto investment fraud in the US rose 53% YoY
Investment fraud involving crypto escalated from $2.57 billion in 2022 to $3.94 billion in 2023, according to the FBI.
Trading
Bitcoin sees violent volatility after hitting new ATH second time in a week
Bitcoin set a new all-time high for the second time this week after US unemployment data increased expectations of rate cuts in the coming months.
CBDCs
Fed chair Powell confirms regulator has no plans to recommend, adopt CBDCs
Jerome Powell told lawmakers the Fed has no plans to introduce a CBDC without explicit Congressional authorization.
Crypto
Tether co-founder believes Bitcoin could hit $300K based on historic patterns
Quigley clarified that his analysis is not a prediction but a possibility based on historical patterns and current market conditions.
Adoption
Arizona Senate proposes adding Bitcoin exposure to state pension funds
Arizona is considering the inclusion of Bitcoin exposure in two of its state retirement portfolios, which collectively hold $70 billion in AUM.
Regulation
CFTC chair urges Congress to issue legislation for crypto regulations
Rostin Behnam also told Congress that Bitcoin and Ethereum can only be considered commodities under the current regulatory frameworks.