Category: News

BlackRock Dominates Bitcoin ETF Inflows as BTC Rises

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US-listed spot Bitcoin exchange-traded funds recorded a seventh straight day of net inflows on April 23.  Summary BlackRock’s IBIT captured $1.4 billion, driving more than 73% of recent US Bitcoin ETF inflows. Spot Bitcoin ETFs posted seven straight inflow days, totaling $1.9 billion as BTC approached $80,000. Morgan Stanley’s MSBT stayed without outflows since launch, while Grayscale’s GBTC recorded $100 million redemptions. The products added $335.8 million on the day, extending a strong run that started in mid-April. Over the full seven-day period, the funds brought in about $1.9 billion.…

Pantera urges Satsuma to sell $50M Bitcoin and return capital

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Some shareholders of Satsuma Technology Plc, including Pantera Capital, have asked the London-listed company to sell its Bitcoin holdings and distribute the proceeds to investors.  Summary Pantera urged Satsuma to sell 646 BTC and return proceeds to shareholders after mounting pressure. Satsuma confirmed some investors want capital returned as it reviews options for all shareholders carefully. Shares have collapsed while Satsuma’s Bitcoin holdings now exceed the company’s current market valuation level. Bloomberg reported the request on April 23, placing fresh attention on the company’s digital-asset treasury model. Pantera holds about…

XRP Integrations Keep Rolling In Across The Ecosystem

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“Pay attention. FOMO.” That was the blunt message from XRPL validator Vet, posted to X this week, as a string of major platforms moved to add XRP and XRP Ledger support across payments, exchanges, and self-custody tools. Related Reading He was not talking about Ripple’s own products. He was pointing to independent adoption — and the list is getting harder to ignore. Binance And Bitget Expand Their XRPL Footprint Binance completed its integration of RLUSD — Ripple’s enterprise stablecoin — directly on the XRP Ledger back in February. Since then,…

Why the U.S. military is testing a Bitcoin node now

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The U.S. government is running a Bitcoin node as part of a cybersecurity test, according to Admiral Samuel Paparo, the commander of U.S. forces in the Pacific.  Summary Admiral Samuel Paparo said the U.S. runs a Bitcoin node for cybersecurity tests, not mining. The military views Bitcoin as a cryptography and blockchain tool to help secure networks today. Paparo said the government remains in an experimentation phase as it studies Bitcoin’s defense applications. He told lawmakers that the work is still in an experimental stage and is focused on network…

Next Big Bitcoin Move May Defy Everything Traders Expect: Expert

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Bitcoin Magazine Pro lead analyst Matt Crosby says traders relying on Bitcoin’s traditional four-year cycle may be leaning on a framework that no longer fits the market. In his latest analysis, Crosby argued that structural shifts in supply, institutional demand and macro liquidity now matter more than the old halving-driven playbook. Bitcoin’s Old Cycle Playbook Is Breaking Down Crosby’s core claim is straightforward: Bitcoin may already be trading in a different regime. Pointing to the fact that more than 20 million BTC are now in circulation, he said over 95%…

Analyst Reveals When The Bull Run Will Begin

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Over the years, Bitcoin has maintained a near-consistent bull cycle pattern, usually starting and ending in a similar number of days. As a result, using the previous cycle pattern has become a popular way to try to predict when the next bull market will start and when the next bear market will begin. One of the patterns that many have followed to try to predict the next bull run is the number of days between each cycle, and one analyst is using it to predict the next move. The 1,065-Day…

Bitcoin price retreats after reclaiming $79K, derivatives data point to further upside

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Bitcoin price rallied to a 12-month high above $79,000 on Wednesday before pulling back to $78,000 as investors booked profits. However, derivatives data suggest the asset may be building momentum for another move higher. Summary Bitcoin price surged to a 12-month high above $79,000 before retreating amid profit-taking, erasing intraday gains. Over $225 million in short liquidations fueled the rally, with analysts attributing the move largely to a short squeeze. Rising open interest and negative funding rates signal potential for another short squeeze, with resistance near $85,000 and support at…

Polymarket Traders Profit $37K From Paris Weather Glitch

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Two Polymarket accounts have attracted suspicion after making $37,000 betting correctly on two unusual temperature readings of a weather station located in a major airport in France. The two weather-focused prediction markets focused on the highest temperature in Paris on April 6 and 15, using the highest temperature recorded at the Charles de Gaulle Airport Station in degrees Celsius, according to Polymarket. French media outlet BFMTV reported on Monday that the temperature suddenly climbed to over 21 degrees Celsius on April 6, before dropping again immediately. The market resolved with…

Sam Bankman-Fried Withdraws New Trial Motion, Citing Fair Hearing Concerns

Sam Bankman-Fried, the former FTX founder currently serving a 25-year federal prison sentence at the Federal Correctional Institution in Lompoc, California, has withdrawn his Rule 33 motion for a new trial in a letter addressed to U.S. District Judge Lewis Kaplan of the Southern District of New York, stating that he does not expect to receive a fair hearing from the presiding judge. The withdrawal, filed without prejudice, preserves Bankman-Fried’s right to refile after his direct appeal before the U.S. Court of Appeals for the Second Circuit has concluded and…

Bitcoin Rally Catches Shorts Offside—$200M Liquidated As Price Hits $79,000

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Data shows a large amount of Bitcoin short positions have been liquidated following the cryptocurrency’s surge to the $79,000 level. Bitcoin Has Surpassed $79,000 For The First Time Since Early February Bitcoin has seen a continuation of its recent bullish momentum during the past day as its price has hit the $79,300 level after a jump of nearly 5%. The below chart shows how the recent trajectory of the cryptocurrency has looked. Bitcoin also made an attempt at recovery last week, but that push ended up fizzling out as the…