Digital Assets: $5.5 Billion Inflow Surge
Digital asset investment products saw $2 billion in weekly inflows, totaling $5.5 billion over three weeks, led by $BTC, with gains in $ETH, XRP, and tezos. #Update #Crypto $BTC (+6) ↗
Digital asset investment products saw $2 billion in weekly inflows, totaling $5.5 billion over three weeks, led by $BTC, with gains in $ETH, XRP, and tezos. #Update #Crypto $BTC (+6) ↗
Bitcoin ETFs saw a $1.81 billion net inflow for the week ending May 2, their third consecutive gain, while Ether ETFs added $106.75 million. #Update #ETF $BTC (+6) ↗
@SemlerSci acquired 167 $BTC for $16.2M, increasing its holdings to 3,634 BTC and becoming the fourth-largest Bitcoin treasury in the U.S. #Breaking #Crypto $BTC (+8) ↗
@BitDigital plans to raise $500M via an ATM equity offering, facilitated by H.C. Wainwright & Co., earning a 3% commission on sales. #Update #Crypto (+3) ↗
@Coinbase holds 2.7 million $BTC, about 13.7% of circulating bitcoin, valued at approximately $261 billion, establishing a significant digital asset management position. #Breaking #Crypto $BTC (+9) ↗
@Coinbase CEO Brian Armstrong declares crypto’s dominance over traditional finance, emphasizing decentralized systems as the company’s strategic focus. #Update #Crypto $COIN (+6) ↗
Arizona Governor Katie Hobbs vetoed Senate Bill 1025, halting a proposal allowing state retirement funds to invest in $BTC, citing crypto as “untested.” #Update #Crypto $BTC (-6) ↘
@BlackRock’s Bitcoin ETF amassed $675M in a day, boosting holdings to 607,685 BTC worth $58.5B, while spot bitcoin and ether ETFs gathered $695M total. #Breaking #Crypto $BTC (+9) ↗
Kevin O’Leary asserts institutional capital will only flow into $BTC, dismissing Ethereum as a viable option for large investors. #Update #Crypto $BTC (+3) ↗
@LightsparkHQ’s Spark, a Bitcoin L2 platform compatible with the Lightning Network, launches on mainnet, enabling stablecoin issuance and financial app development on $BTC. #Update #Crypto $BTC (+6) ↗
El Salvador’s integration of elite bitcoin and AI education is transforming its global tech influence, earning praise for high standards in innovation. #Update #Crypto $BTC (+6) ↗
Bitcoin has exited its bearish phase as improving liquidity conditions and record stablecoin reserves signal renewed market strength, reports @cryptoquant_com. #Update #Crypto $BTC (+4) ↗
Bitcoin traded between $96,869 and $97,057, maintaining a tight range with a market cap of $1.92 trillion and 24-hour volume of $27.81 billion. #Update #Crypto $BTC (+4) ↗
A new study reveals 68% of Americans purchased $BTC since President Trump’s tariff announcement, surpassing gold buyers by nearly 24%. #Update #Crypto $BTC (+4) ↗