Day: April 24, 2025

TRUMP Coin up 60% after dinner offer.

Key Notes The Official Trump meme coin surged 58% after a private dinner announcement for its top 220 holders. Trading volume skyrocketed over 500%, reaching $5.04 billion in just 24 hours. Critics accuse Trump of using White House access to fuel demand for the token. After watching his meme coin, Official Trump TRUMP $12.09 24h volatility: 29.5% Market cap: $2.41 B Vol. 24h: $5.50 B , plunge nearly 90% from its highs earlier this year, United States President Donald Trump may have found a fresh way to revive investor interest.…

BlackRock BTC ETF tops $40B after $643M buy.

Key Notes BlackRock now holds over 573,000 BTC. Spot BTC ETFs recorded $917 million in net inflows on April 23. Spot ETH ETFs still struggle to sustain inflows. BlackRock, the world’s leading asset manager, is seeing increased investor optimism in its IBIT fund. According to data from SoSoValue, BlackRock’s spot Bitcoin BTC $92 289 24h volatility: 1.8% Market cap: $1.83 T Vol. 24h: $36.46 B exchange-traded fund saw an inflow of $643.2 million with a daily trading volume of $3.2 billion on Wednesday, April 23. This brought IBIT’s total net…

Revolut doubles profits to $1.3B on user growth, crypto trading boom

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Fintech giant Revolut reported a record-breaking year, doubling its pre-tax profit to 1 billion British pounds ($1.3 billion) in 2024, driven by rapid customer growth and a resurgence in cryptocurrency trading. According to its annual report published on Thursday, April 24, Revolut’s profit soared from 438 million pounds in 2023, while revenue jumped to 3.1 billion pounds from 1.8 billion pounds. A key contributor to Revolut’s strong performance was its wealth division, which includes stock and digital asset trading. The segment generated 506 million pounds in revenue — nearly four…

Bitcoin Surpasses Realized Price Of Recent Buyers — Rally Incoming Or Double Top?

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Recent positive price action has propelled Bitcoin (BTC) above the short-term holders’ realized price of $91,000. This development has prompted some crypto analysts to question whether BTC’s newfound strength is sustainable – or merely a bull trap ahead of a major pullback. Is Bitcoin About To Rally Or Will It Double Top? US President Donald Trump’s recent statement that tariffs on China will be “substantially” lower than the proposed 145% provided a boost to risk-on assets. Both equity and crypto markets responded positively, with BTC up 5.6% over the past…

Metaplanet completes 50% of planned Bitcoin buys for 2025

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Japanese investment firm Metaplanet boosted its Bitcoin holdings to 5,000 BTC with a new 1.9 billion yen purchase. Tokyo-based Metaplanet Inc. has acquired an additional 145 Bitcoin (BTC), bringing its total holdings to 5,000 BTC as part of the firm’s ongoing Bitcoin Treasury Operations, according to a Thursday regulatory filing. The firm disclosed that it bought the 145 BTC for a total of ¥1.9 billion (around $13.4 million). The average purchase price of all Bitcoin held by Metaplanet now stands at ¥12.8 million per Bitcoin (around $89,000). 5,000 BTCを突破しました 🚀…

Kuwait Warns Against Illegal Cryptocurrency Mining

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Kuwait’s Ministry of Interior has declared cryptocurrency mining illegal, citing violations of multiple laws and its strain on the country’s electrical infrastructure. Crypto Mining Kuwait’s Electricity Infrastructure The Ministry of Interior in Kuwait has issued a warning against the practice of cryptocurrency mining, declaring it an unlicensed and illegal activity that violates several existing laws. […] Source

BlackRock Bitcoin fund wins best new ETF on $643M inflow day

BlackRock’s spot Bitcoin exchange-traded fund has been named the best new ETF product by etf.com, as it recorded its highest inflows since Jan. 21.  On April 23, BlackRock’s iShare Bitcoin ETF (IBIT) was awarded the “Best New ETF” at the annual etf.com ETF awards. In an X post shortly after, Bloomberg ETF analyst Eric Balchunas said it “feels right to me.” IBIT clocks highest inflows in three months “I’m pretty sure this is how I voted. Both of them did things no one has seen [before],” Balchunas said, also referencing…

Russian Central Bank to Launch Crypto Exchange for “Super-Qualified Investors”

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The Russian Central Bank and the Finance Ministry have teamed up to launch a local cryptocurrency exchange aimed exclusively at the country’s “super-qualified investors.” As reported by local news outlet RBC, the exchange will operate under an experimental legal framework. Russian Finance Minister, Anton Siluanov “Together with the central bank, we will launch a crypto exchange for super-qualified investors,” Finance Minister Anton Siluanov said (translated from Russian) during a ministry meeting, according to local news agency Interfax. “Crypto assets will be legalised, and crypto operations will be brought out of…

Prosecutors seek over 6 years prison for Mango Markets exploiter

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US federal prosecutors have asked a district judge to sentence Avraham “Avi” Eisenberg, the crypto user convicted of the $110 million exploit of the decentralized exchange Mango Markets in 2022, to at least six and a half years behind bars. Ahead of Eisenberg’s May 1 sentencing hearing, US prosecutors are petitioning US District Judge Arun Subramanian for Eisenberg to face between 78 and 97 months in prison, according to an April 22 filing in a New York district court. Prosecutors argue it’s an appropriate sentence for Eisenberg’s April 2024 conviction…