Explore the latest updates from hodl.press, a fresh news platform delivering unbiased, ad-free coverage of Bitcoin, blockchain, and the broader crypto world. At Voted.News, we condense hodl.press stories into concise, reader-friendly summaries, ensuring you get clean, reliable insights without the noise.
The Bank of Montreal, Canada’s fourth-largest bank, has invested in spot Bitcoin ETFs from Fidelity, Franklin Templeton, BlackRock, and Grayscale, marking a pivotal shift towards digital asset investments by traditional finance firms.
Bitcoin’s price has plummeted, with over $212 million liquidated in the crypto market in 24 hours, amid rising US consumer inflation expectations and macroeconomic pressures, signaling significant market volatility and investor caution.
Hong Kong’s Bitcoin and Ethereum ETFs experienced record net outflows of $32.7 million on May 13, erasing all gains since their launch, marking a significant shift in investor sentiment amid market volatility.
On May 14, Bitcoin’s price surged past $62,000, leading a market rebound with significant gains across major cryptocurrencies including Ethereum, Solana, and XRP, reflecting a bullish sentiment and investor confidence in the digital asset space.
Chinese authorities have dismantled a $1.9 billion underground bank operating with Tether (USDT) to bypass financial surveillance, arresting 193 suspects. This operation represents a major crackdown on cryptocurrency-related financial crimes, highlighting the challenges digital currencies pose to financial security.
The U.S. Spot Bitcoin ETF market saw a $66 million inflow, with Fidelity’s FBTC leading by attracting $38.6 million, highlighting renewed investor interest and confidence in cryptocurrency-backed ETFs.
Binance announced it will halt three BTC and TUSD spot trading pairs on May 17, aiming to protect users and maintain market quality amid volatility, while continuously adding new tokens like PEPE, WIF, and WLD.
In March 2024, North Korean hackers laundered $147.5 million through Tornado Cash after attacking the HTX exchange, marking a severe cyber-attack aimed at funding operations through cryptocurrency theft.
The cryptocurrency market downturn could lead to a $2.7 billion Bitcoin short liquidation if BTC hits $67,000, amidst a broader market correction and volatile investment climate.
Jerome Powell’s speech emphasized the Fed’s hawkish view on inflation and interest rates, highlighting a robust U.S. economy. This stance comes as April’s PPI showed an unexpected surge, affecting market dynamics and Bitcoin prices, which dropped nearly 3%.
The State of Wisconsin Investment Board has allocated $163 million to Spot Bitcoin ETFs, notably BlackRock’s iShares Bitcoin Trust and Grayscale Bitcoin Trust, signifying a major shift towards digital assets in institutional investment strategies.
Galaxy Digital CEO Michael Novogratz predicts Bitcoin to fluctuate between $55,000 and $75,000 this quarter, reflecting a short-term bearish outlook influenced by market responses to recent Bitcoin ETF approvals and price corrections.
On May 15, 2024, Pepe Coin (PEPE) reached a record high of $0.00001161 on the Solana network, leading a meme coin rally and marking a significant milestone, influenced by Roaring Kitty’s comeback.
Renaissance Technologies, led by American mathematician-investor Jim Simons, invested in over 1 million GameStop (GME) shares and several spot Bitcoin ETFs, signaling a significant shift into high-volatility and digital currency markets.
