Bitcoin Surges as BlackRock Buys $65M
@BlackRock has purchased $64.5 million in Bitcoin amid a market downturn, coinciding with rising odds for the crypto bill’s passage. #Breaking #Crypto $BTC (+7) ↗
@BlackRock has purchased $64.5 million in Bitcoin amid a market downturn, coinciding with rising odds for the crypto bill’s passage. #Breaking #Crypto $BTC (+7) ↗
Bitcoin’s price, now at $68,000, has fallen below ETF cost-basis, with MVRV under 1 indicating increased sell-pressure. ETF net outflows hit $1.08B in February. #Update #Crypto $BTC
Bitcoin briefly surged above $68,000 after the U.S. Supreme Court overturned Trump-era tariffs, but quickly stabilized. The Fear and Greed Index fell to 8, indicating extreme fear among investors. #Update #Crypto $BTC
Bitcoin retail optimism is waning, indicating a return to neutral sentiment, according to @Santiment. This trend may be a healthy sign for the market. #Update #Crypto $BTC
South Korean lawmakers scrutinize financial regulators after @BithumbOfficial’s $43 billion Bitcoin mishap, highlighting systemic oversight failures. #Breaking #Crypto $BTC
Argentina’s CNV allows undeclared funds to be invested in crypto, aiming to boost local investments, says Economy Minister Luis Caputo. #Update #Crypto
Strategy CEO Phong Le and Morgan Stanley’s Amy Oldenburg to discuss Bitcoin strategy at the Wynn next week, focusing on institutional adoption and emerging markets. #Update #Crypto $BTC
@MARA Holdings acquires a 64% stake in Exaion, enhancing its AI and cloud services strategy. Bitcoin mining difficulty rises 15%, adding pressure on miners. #Update #Crypto $BTC
Bitcoin ($BTC) remains stable around $67,915.58, with retail wallets increasing by 2.5% while larger holders decreased by 0.8%, indicating potential choppy price action ahead. #Update #Crypto $BTC
El Salvador defends its bitcoin purchases amid market slump, with Vice-President Felix Ulloa stating it’s part of a reserve strategy for a future without fiat currencies. #Update #Crypto $BTC
Bitcoin ($BTC) could benefit from capital rotation away from overvalued AI stocks, according to Lyn Alden, as it trades at $67,849, down 24.49% in 30 days. #Update #Crypto $BTC
The U.S. Supreme Court ruled against Trump’s tariffs, impacting crypto policy discussions amid upcoming midterm elections; potential implications for the Digital Asset Market Clarity Act remain uncertain. #Update #Crypto $BTC
Forty-one House Democrats urge Treasury Secretary Scott Bessent to scrutinize World Liberty Financial’s bank charter due to national security concerns over UAE ownership. #Update #Legal
Large institutional investors, including @MorganStanley and @BankofAmerica, increased their stakes in Bitmine Immersion Technologies amid a market sell-off, while DeFi lender ZeroLend shut down due to liquidity issues. $BTC and $ETH rose 2.6%. #Update #Crypto $BTC $ETH