BlackRock’s iShares Bitcoin Trust (IBIT) has cemented its position as the leading US spot Bitcoin ETF, now holding over 700,000 BTC—worth approximately $75.5 billion—accounting for 55% of all Bitcoin held by such ETFs. The fund saw an additional $164.6 million inflow on Monday, adding 1,388 BTC in just two trading sessions. This milestone underscores BlackRock’s growing influence in the cryptocurrency market, as institutional investors increasingly turn to regulated Bitcoin exposure through ETFs.
about BlackRock's Bitcoin ETF Dominates with 55% of US Spot BTC HoldingsThomas Fahrer
0 posts last weekECB Rate Cut Sparks Bitcoin Dip, FloppyPepe Surges
The ECB’s eighth rate cut this year has triggered a ripple effect in the crypto market. Bitcoin (BTC) initially dipped as investors recalibrated, but the influx of liquidity is expected to drive long-term gains. Meanwhile, FloppyPepe (FPPE), a meme coin priced at just $0.00000035, has surged due to its unique triple-impact model (holder rewards, token burns, and charity donations) and AI-powered meme tools. With an 80% presale bonus still active and listings on Uniswap imminent, FloppyPepe is gaining traction as a high-risk, high-reward play amid broader crypto market movements.
about ECB Rate Cut Sparks Bitcoin Dip, FloppyPepe SurgesBitcoin’s Wild Ride: Volatility vs. Long-Term Growth
Bitcoin’s price surged past $111,800 last week before dipping to $109,600, yet maintained a strong weekly close near $110,000. Thomas Fahrer, co-founder of Apollo, underscores Bitcoin’s historical resilience, noting its consistent long-term growth despite periodic crashes. He emphasizes Bitcoin’s deflationary nature, with a fixed supply of 21 million coins and periodic halvings reducing new supply. Investor Carl Menger illustrated Bitcoin’s value preservation, showing $100 in Bitcoin from 2020 grew to $1,201 by 2025, while cash lost 24% of its purchasing power. Robert Kiyosaki added that even fractional Bitcoin ownership can yield significant returns, appealing to younger investors seeking alternatives to traditional assets. Despite daily volatility, Bitcoin’s long-term trajectory remains intact.
about Bitcoin's Wild Ride: Volatility vs. Long-Term GrowthBitcoin Surges to $87,400 Amid Dollar Weakness
Bitcoin’s price spiked to $87,400 on April 21, erasing much of April’s losses amid a weakening US dollar and rising gold prices. The move followed comments about potential changes to Federal Reserve leadership, fueling speculation about Bitcoin’s correlation with traditional safe-haven assets. Analysts noted a divergence from stock futures, with some suggesting Bitcoin is behaving more like gold. Chart technicians highlighted key resistance levels, while traders cautioned about low weekend volumes. The broader market remains wary of trade policy uncertainties, with Bitcoin’s next moves hinging on macroeconomic developments and technical breakouts.
about Bitcoin Surges to $87,400 Amid Dollar WeaknessOsprey Seeks Review of Court Ruling in Grayscale Trade Practices Case
Osprey has requested a Connecticut court to reconsider a ruling favoring Grayscale in a $2 million unfair trade suit regarding deceptive advertising related to Bitcoin funds. Osprey argues that the judge’s decision misapplied exemptions under the Connecticut Unfair Trade Practices Act and overlooked key distinctions in advertising practices. Following the court’s ruling, the SEC approved Grayscale’s Bitcoin Trust conversion to an ETF, while Osprey plans to convert its own Bitcoin Trust into a spot ETF after a failed acquisition by Bitwise.
about Osprey Seeks Review of Court Ruling in Grayscale Trade Practices CaseUK Clarifies Crypto Staking is Not a Collective Investment Scheme
The UK Treasury has clarified that crypto staking, essential for proof-of-stake blockchains like Ethereum and Solana, is not classified as a collective investment scheme (CIS), which is subject to strict regulation. This amendment to The Financial Services and Markets Act 2000 will take effect on January 31, allowing users to validate transactions and earn tokens without the heavy regulatory burden typically associated with CIS. Economic Secretary Tulip Siddiq emphasized the need to remove legal uncertainties surrounding staking services, aligning with the local crypto industry’s requests.
about UK Clarifies Crypto Staking is Not a Collective Investment Scheme