On May 24, Bitcoin ETF inflows surged to $251M, with @BlackRock leading by acquiring $182M. Total net inflows for Bitcoin spot ETFs now exceed $2B in two weeks. Analysts predict BTC hitting $150K by year-end. ? #Bitcoin
Montenegro court blocks Do Kwon’s extradition to South Korea. Kwon, behind Terraform Labs’ $40B collapse, faces fraud charges, highlighting global crypto legal complexities. #CryptoNews #FinancialCrime
In 2024, AST Mining leads with 970,000+ global users, offering eco-friendly, fee-free mining and a $30 sign-up bonus. Other top platforms include Ecos, Bitdeer, StormGain, and Hashing24. #Bitcoin #CryptoMining
U.S. spot bitcoin ETFs saw nine straight days of record inflows, totaling $107.91M, led by BlackRock’s IBIT with $89M, highlighting bitcoin’s growing institutional legitimacy. #BitcoinETFs
? Bitcoin hits $67,350 with a market cap of $1.32 trillion and $42.36 billion daily trading volume. Current consolidation could signal key strategic opportunities for investors. #Bitcoin
Coinbase’s Bitcoin Pizza Day event in NY, selling $1 slices in USDC not Bitcoin, sparked debate. This shift from the 2010 event where 10,000 BTC bought two pizzas, now worth $700M, highlights the tension between crypto tradition and innovation. Critics argue for Bitcoin’s use, emphasizing payment evolution.
The Bitcoin Therapist hails Spot Ethereum ETF approval as “incredibly bullish” for Bitcoin, marking a shift in maximalist views and signaling wider crypto acceptance. Spot Bitcoin ETFs see $107M inflow, highlighting investor confidence.
ESET Research reveals the Ebury botnet, with a footprint in nearly 500,000 servers, continues to pose a significant threat by targeting cryptocurrency, affecting over 100,000 servers globally as of late 2023.
Alex Thorn highlights Bitcoin’s evolution at the MicroStrategy World conference, noting its acceptance by Wall Street and corporations, and the pivotal role of spot Bitcoin ETFs in legitimizing its investment status.
Rumors of a U.S. spot Ethereum ETF approval for May 2024 sparked a significant Ethereum price surge to $3,948, outperforming Bitcoin and highlighting Ethereum’s institutional appeal and market optimism.
CrossBridge Capital’s MD predicts Bitcoin could hit $250k in 3-5 years as UK approves Bitcoin and Ethereum ETPs trading on the London Stock Exchange, a move possibly boosting Bitcoin’s market significantly.
Global Bitcoin ETFs are on the brink of a landmark, nearing 1M BTC reserves, with a significant boost from the U.S. This reflects growing institutional confidence and hints at potential price surges due to a supply shock.
On May 22, 2024, the US Bitcoin ETF sector experienced a $153.91M boost, with BlackRock’s fund adding $92M, showcasing strong market confidence and institutional acceptance of digital assets.
A Satoshi-era Bitcoin whale moved 2000 BTC worth $139M from 2010 holdings, showcasing Bitcoin’s massive appreciation & potential for long-term growth. Transaction cost was just $214.14, highlighting Bitcoin’s efficiency.
