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🇷🇺 Russian Duma considers exchange ban as Beribit clients demand crypto, receive chocolate The troubles began with reports of a raid by Russian authorities on the offices of crypto exchange Beribit at the end of March, allegely in connection to the Crocus City Hall terrorist attack. Then, Beribit, which is an officially licensed exchange in Russia, announced on Telegram that during a change in leadership, discrepancies in the company's financials were found and an audit had to be undertaken. Source t.me/Binance_Coinbase_Bybit

💰 Bitcoin Leads 30-Day NFT Sales, Outpacing 24 Blockchain Competitors While sales of non-fungible tokens (NFTs) have declined by over 38% in the past 30 days compared to the previous month, NFTs minted on the Bitcoin blockchain have dominated, accounting for more than 44% of sales. Statistics from the last 30 days reveal that four of the top five best-selling NFT collections all stem from the Bitcoin blockchain. Source t.me/Binance_Coinbase_Bybit

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💰 Bitcoin options 'in line with previous halvings' and bullishly pricing calls higher than puts: analyst The positioning of bitcoin options is in line with previous halvings, with the market skewing bullish and pricing calls at higher levels versus puts for the end-of-June 2024 expiry, an analyst said. A put-call options ratio below one indicates that the call volume exceeds the put volume, signifying bullish sentiment in the market. The bitcoin put-call skew is negative as of May and beyond, which means calls are relatively more expensive — indicating bullish sentiment. Source t.me/Binance_Coinbase_Bybit

🪙 Stripe to enable USDC payments starting this summer Fintech company Stripe will begin supporting transactions in USD Coin this summer, reviving its involvement in crypto-based commerce. Stripe said Thursday that stablecoin payments will be integrated into the servicer's checkout suite in several weeks. According to the company, crypto transactions will “immediately” settle to fiat. "Crypto is back," Stripe's cofounder, John Collison, posted along with a demonstration video Thursday on X. Source t.me/Binance_Coinbase_Bybit

🇺🇸 SEC delays decision on listing and trading spot bitcoin ETF options, asks for public comments The U.S. Securities and Exchange Commission is again delaying a slew of proposals that would allow for options on spot bitcoin exchange-traded funds and asked for public input. Multiple exchanges have since filed to allow for options trading on the newly approved spot bitcoin ETFs including Cboe Exchange, Inc., BOX Exchange LLC, MIAX International Securities Exchange LLC, Nasdaq ISE, LLC and NYSE American LLC. Source t.me/Binance_Coinbase_Bybit

💰 Latin American Fintech Giant Nubank Enables Bitcoin Withdrawals and Deposits: Report São Paulo-based Nubank announced the launch of a new feature that allows withdrawals and deposits of Bitcoin and cryptocurrencies. With this latest move, customers will now be able to send and receive Bitcoin, Ethereum, and Solana using the Nubank app. The withdrawal and deposit options are now available, allowing users to check the functionality on the app’s main crypto screen. Source t.me/Binance_Coinbase_Bybit

🇳🇬 Nigeria denies freezing over 300 P2P accounts on more crypto exchanges amid forex concerns Nigerian authorities are gearing up for the next phase of their crackdown on crypto trading, targeting peer-to-peer (P2P) platforms like OKX, Binance, KuCoin, and Bybit, according to a trending circular on social media platform X. Meanwhile, the Central Bank of Nigeria (CBN) said the information contained in the circular did not originate from it, claiming it is “fake content.” People familiar with the matter stated that backtracking on unpopular policies was not uncommon in the region. Source t.me/Binance_Coinbase_Bybit

🇺🇸 SEC delays making a decision on spot 🪙 Ethereum ETF proposals from Franklin Templeton, Grayscale The U.S. Securities and Exchange Commission is delaying making decisions on the next steps for two proposed spot Ethereum exchange-traded funds proposed by Grayscale and Franklin Templeton. The agency pushed its timeline to decide to June 11, 2024 for the Franklin Ethereum ETF after which the SEC could approve or disapprove or institute proceedings, the SEC said in a filing on Tuesday. Source t.me/Binance_Coinbase_Bybit

🇻🇪 Venezuela plans to speed up 🪙 USDT adoption following US sanctions: Reuters Venezuela’s state-run oil firm PDVSA is gearing up to increase the use of the Tether stablecoin for exporting crude and fuel oil, as the U.S. has recently decided to reimpose sanctions on the country, Reuters reported Monday, citing sources familiar with the matter. Reuters reported last week that the Biden administration would not renew a license that eased oil sanctions on Venezuela after President Nicolas Maduro failed to measure up to his election promises. Source t.me/Binance_Coinbase_Bybit

🇺🇸 US Presidential Candidate RFK Jr Unveils Plan to Put Entire US Budget on Blockchain U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has unveiled his plan to put the entire U.S. budget on a blockchain. “Every American can look at every budget item in the entire budget, anytime they want, 24 hours a day,” he explained, adding that if somebody is spending $16,000 for a toilet seat, everybody is going to know about it. Source t.me/Binance_Coinbase_Bybit

🟠 Binance Executive Arrested in 🇰🇪 Kenya, Facing Extradition Drama! Nadeem Anjarwalla, a British and Kenyan national employed at cryptocurrency exchange Binance, has been detained in Kenya following his flight from Nigeria in March. Reports from Kenyan news outlets on April 22 reveal that local police apprehended Anjarwalla, potentially for extradition to Nigeria, where he faces criminal charges. Anjarwalla reportedly fled custody in Nigeria on March 22, exploiting a visit to a mosque for escape and utilizing his Kenyan passport to leave the country. Source t.me/Binance_Coinbase_Bybit

💰 New Emails Reveal Satoshi Nakamoto’s Early Vision for Bitcoin The recent release of a set of emails between Satoshi Nakamoto, the pseudonymous founder of Bitcoin, and an early Bitcoin contributor, Martti Malmi, has shed light on the digital currency’s original philosophy and initial operational issues. These emails are among a wider communication initially unearthed during legal proceedings involving Craig Wright, which reveal Nakamoto’s particular goals for Bitcoin. Source t.me/Binance_Coinbase_Bybit

💰 Bitcoin's halving created the most valuable blocks in history, aside from one Bitcoin's halving may have split the reward paid to miners in half, but a fierce battle for blockspace generated millions of dollars of payments to miners as the halving commenced. In fact, aside from an apparently accidental $3 million overpayment last November, all of Bitcoin's top 10 most valuable blocks have been mined since the halving, as first flagged by X user Clark Moody, in terms of U.S. dollar value at the time the block was mined. Source t.me/Binance_Coinbase_Bybit

🇺🇸 IRS releases draft form to report certain crypto transactions The Internal Revenue Service released an early draft of a tax form for brokers and exchanges to report certain sales of digital assets, giving insight into how the IRS may categorize brokers. In the Form 1099-DA draft posted on Thursday, the IRS lists broker types: kiosk operator, digital asset payment processor, hosted wallet provider, unhosted wallet provider and others. The form also asks for a "digital asset address" and whether the asset is a "noncovered security." Source t.me/Binance_Coinbase_Bybit

💰 Spot Bitcoin ETFs Record 5 Consecutive Day of Outflows; Analyst Declares Cool-Off 'Totally Normal' The newly launched spot bitcoin ETFs have been active on the stock market for 99 days, having commenced trading on Jan. 11, 2024. Throughout this period, they have experienced significant trading volumes, marked by substantial inflows from entities such as IBIT and FBTC, as well as notable outflows, particularly from GBTC. During Thursday’s trading sessions, the market observed another net outflow totaling $4.3 million, following a more substantial outflow of $165 million the previous day. Source t.me/Binance_Coinbase_Bybit

💰 Bitcoin soars to $65,000 as Israel-Iran sparring looks to conclude Bitcoin’s price momentarily exceeded $65,000 as the market reacted to seemingly reducing geopolitical tensions between Israel and Iran. During the past week, the crypto industry slumped amid escalating tensions in the Middle East and plunged again in the early hours as news broke of Israel’s retaliation on Iran. However, following the muted response from Iran and tempered action from Israel, this morning saw a turnaround as the broader crypto market rose by more than 4%. Source t.me/Binance_Coinbase_Bybit

🏦 Coinbase leases larger New York office, abandons Hudson Yards workspace Coinbase is relocating to a new office in New York, abandoning its Hudson Yards workspace in the process, a source familiar with the matter told The Block. According to the real estate trade publication, the exchange this month signed an eleven-year lease for a 67,208-square-foot space at One Madison in Manhattan's Flatiron District. A source informed The Block that Coinbase will not retain its office at 55 Hudson Yards, which has been leased since 2021. Source t.me/Binance_Coinbase_Bybit

💰 Bitcoin Miners Remain Optimistic About Future Despite Anticipated Revenue Loss The CEOs of bitcoin mining firms reportedly remain bullish despite the anticipated drop in block rewards, which is set to follow the top cryptocurrency asset’s halving on or around April 20. Many of the CEOs believe a combination of low-cost operations and more efficient equipment will enable miners to offset the revenue loss related to the halving. According to a report, Bitcoin’s fourth halving since its launch will result in miners losing as much as $10 billion in revenues. Source t.me/Binance_Coinbase_Bybit

🥇 Bitcoin barely holds on to $60k as bears retest March lows Bitcoin (BTC) took a downturn below $60,000 on April 17 as US markets began trading, marking a return to prices last seen in early March before the digital currency rallied to new heights. The flagship crypto touched a low of $59,658 before modestly recovering to around $60,800 as of press time, based on CryptoSlate data. Bitcoin was clinging to the $60,500 support level after a slowdown in sell pressure, with bulls attempting a potential recovery above $61,000. Source t.me/Binance_Coinbase_Bybit

📣 Goldman Cautions Against Extrapolating Previous Bitcoin Halving Cycles for Price Predictions Bitcoin's fourth mining-reward halving is just two days away. The quadrennial event will reduce BTC's per block emission to 3.125 BTC from 6.25 BTC, halving the pace of new supply. Previous halvings preceded massive multimonth rallies in BTC, and the crypto community is confident that history will repeat itself. Investment banking giant Goldman Sachs, however, cautioned its clients from reading too much into the past halving cycles. Source t.me/Binance_Coinbase_Bybit

💰 Despite weekend dip, bitcoin's market dominance hits highest level since April 2021 While the stock market was closed this weekend and unable to react to the news of Israel being the target of an Iranian drone attack, the crypto market was ready to respond. Assets across the board took a dip as traders recalibrated their portfolios and scaled back risky bets. Bitcoin itself fell from over $70,000 on Friday, April 12, to just over $63,000 at the end of April 13, dropping roughly 11.6% from its high on Friday to its low on Saturday. Source t.me/Binance_Coinbase_Bybit

💰 Bitcoin’s weekend dip shakes out short-term holders Bitcoin market experienced a tumultuous dip, with prices plunging from $70,090 to $64,400 before settling around $66,000. Market watchers are keenly observing the behaviors of short-term and long-term Bitcoin holders—their reactions often providing clues about future trends. Short-term holders appear rattled, hastily selling off their Bitcoin at a loss as indicated by a sharp drop in their SOPR metric. On the flip side, long-term holders continued to display resilience amid downturns. Source t.me/Binance_Coinbase_Bybit

💰 Bitcoin Miners Battle the AI Boom Ahead of Halving: Bernstein Bitcoin miners are increasingly facing off against a new foe to contend with ahead of this week’s halving: the AI boom. Bitcoin miners are largely centralized operations that mint new digital coins. To do so, a Monday report explains, they need to use a lot of computers and therefore energy. Meanwhile, the booming AI industry is also power-hungry. Both industries look to places like Texas, which has cheap energy and lots of land to build data centers. Source t.me/Binance_Coinbase_Bybit

🇭🇰 Hong Kong approves first batch of spot bitcoin, ether ETFs in drive to become crypto hub Hong Kong approved the applications of several spot bitcoin and ether exchange-traded funds on Monday, as the region continues its drive to become a regional crypto hub. China Asset Management, a major Chinese asset manager, said that its Hong Kong unit has received approval in principle from the Hong Kong Securities and Futures Commission to offer retail asset management services related to spot crypto ETFs. Source t.me/Binance_Coinbase_Bybit

📈Bitget’s Futures Trading Hits $1.4 Trillion in Q1 2024: Report February’s strong market recovery, particularly with Bitcoin reaching an all-time high aided Bitget’s exchange volume in Q1. Bitget experienced significant growth across its trading volumes and user base in the first quarter of 2024, riding the wave of widespread market resurgence. The Seychelles-headquartered exchange revealed that its futures trading volume soared to around $1.4 trillion, marking a 146% increase, while spot trading volume surged by 113% to exceed $160 billion. Source t.me/Binance_Coinbase_Bybit

📊 US, UK, Germany Among Countries With Largest Government Crypto Holdings, Arkham's Data Shows The United States, United Kingdom, and Germany rank among the top countries holding cryptocurrencies at the government level, according to data from Arkham Intelligence. The crypto analytic firm’s onchain analysis shows that the U.S. government holds 212,847 bitcoins while El Salvador has been purchasing one bitcoin daily as announced by its president. Source t.me/Binance_Coinbase_Bybit

🏦 Coinbase files interlocutory appeal in its case against the SEC Coinbase filed a motion to appeal a judge's decision last month decision made last month, which allowed a lawsuit involving the Securities and Exchange Commission (SEC) and the exchange to proceed without being dismissed. SEC Commissioners to lawmakers to courts themselves have been at odds on how the Howey Test applies to transactions, Coinbase's lawyers said in the 27-page appeal. The Howey Test is based on a 1946 U.S. Supreme Court case frequently cited by the SEC. Source t.me/Binance_Coinbase_Bybit

💰 Cleanspark to Upgrade Mining Fleet With 100,000 S21 Pro Bitcoin Miners From Bitmain On Friday, Cleanspark (Nasdaq: CLSK) disclosed that its operations have surpassed a total hashrate of 17 exahash per second (EH/s). Back in January 2024, the company announced the acquisition of 60,000 application-specific integrated circuit (ASIC) bitcoin mining rigs and mentioned its right to purchase an additional 100,000 S21 Antminers at a set price of $16 per terahash. This was prior to the release of the Antminer S21 Pro, known for its enhanced efficiency of 15 J/T. Source t.me/Binance_Coinbase_Bybit

🪙 Rich Dad Poor Dad Author Robert Kiyosaki Believes Bitcoin Price Will Reach $2.3 Million The author of Rich Dad Poor Dad, Robert Kiyosaki, has reaffirmed his bullish stance on bitcoin. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries. He explained on social media platform X Wednesday that Ark CEO Cathie Wood has predicted that bitcoin will hit $2.3 million per BTC. Source t.me/Binance_Coinbase_Bybit

💰 Whale profit-taking reached $8 billion at Bitcoin’s record high On March 14, Bitcoin reached its all-time high, followed by a significant drop to around $60,800. Data reveals that whales holding 1,000 or more Bitcoins offloaded approximately $8 billion worth of profits at the peak. Investors who hold 100,000 Bitcoin or more took profits for the first time since May 2023, when Bitcoin traded at roughly $27,500. Analyzing the spending pattern, they offloaded approximately $1 billion worth of profit each day from March 6 to March 12. Source t.me/Binance_Coinbase_Bybit

💰 Hong Kong's Incoming Spot Bitcoin ETFs Could Be 'Big Deal.' Heightened anticipation for spot-based bitcoin ETFs in the U.S. and the eventual inflows supercharged bitcoin's run-up to new all-time highs, and now Hong Kong regulators reportedly are inching closer to approving similar funds, news that thus far has been mostly unnoticed in crypto circles. These vehicles, however, could open the floodgates for Chinese investors looking for a new haven next to gold and overseas real estate and stocks in which to store their wealth. Source t.me/Binance_Coinbase_Bybit

💰 Spot bitcoin ETF cumulative trading volume crosses $200 billion Cumulative trading volume for U.S. spot Bitcoin exchange-traded funds surpassed $200 billion on Tuesday, less than three months after the Securities and Exchange Commission approved ETFs from BlackRock, Fidelity, Bitwise and others. Spot Bitcoin ETF cumulative trading volume has nearly doubled in the last month alone — from when total volume first crossed the $100 billion mark on March 8 — to hit $201.7 billion by the close of trading yesterday, according to The Block’s data dashboard. Source t.me/Binance_Coinbase_Bybit

🪙 VanEck, CoinShares CEOs doubt SEC will approve spot Ethereum ETFs: CNBC Firms that gained the Securities and Exchange Commission's approval for a spot bitcoin exchange-traded fund are not feeling very confident that the agency will greenlight proposals for an ether product, according to reporting from CNBC. VanEck CEO Jan van Eck told CNBC in an interview posted on Tuesday that he expected the VanEck Ethereum ETF to be rejected in May – the first deadline approaching for when the SEC will decide whether to allow those products to pass. Source t.me/Binance_Coinbase_Bybit

🇺🇸 SEC delays decision on spot 💰 bitcoin ETF options The Securities and Exchange Commission published a notice Monday saying that it "designates May 29, 2024 as the date by which the Commission shall either approve or disapprove, or institute proceedings to determine whether to disapprove," allowing the New York Stock Exchange to start listing options on spot bitcoin ETFs. Two spot bitcoin ETFs named specifically were Bitwise Bitcoin ETF and the Grayscale Bitcoin Trust, but the proposal also opened the door to "any trust that holds Bitcoin." Source t.me/Binance_Coinbase_Bybit

💰 Bitcoin’s latest rally driven by ‘huge accumulation’ Bitcoin’s (BTC) latest rally was driven by “huge accumulation” as investor appetite remains high despite five days of trading in the red over the past week, according to CryptoQuant research. Just three days ago, Bitcoin was trading at roughly $65,500 as markets closed on Friday. However, a sustained rally over the weekend took prices to $72,500 before US markets opened for trading on Monday. Source t.me/Binance_Coinbase_Bybit

🏦 Coinbase Bitcoin holdings plummet by 85,000 BTC in 30 days, second biggest on record Glassnode data reveals a substantial decrease in Bitcoin (BTC) holdings on the Coinbase exchange. Over the last 30 days, a notable 85,000 BTC have been withdrawn from the platform, marking the second-largest net outflow on record for a 30-day period. This mirrors a similar occurrence in March 2021, when 86,000 BTC left Coinbase. Coinbase possessed approximately 1 million BTC, but by July 2021, this figure had dwindled to just 730,000 BTC – a reduction of 270,000 BTC amidst the price surge from $10,000 to $60,000. Source t.me/Binance_Coinbase_Bybit

🪙 New users flock to Ethereum while long-term holders are less active than ever Long-term holders of ether, the currency of the Ethereum blockchain, appear to be holding on tighter than ever before. According to data from The Block, the active supply of ether, or the supply that has been moved from one wallet to another within certain time periods, is currently at a historical low point for periods of one year or longer. The active supply over 30- and 90-days is also near all-time lows, having fallen over half from their peaks. Source t.me/Binance_Coinbase_Bybit

💰 Bitcoin Sees Third Best Quarterly Trading Volume in 3 Years: Report The first quarter of 2024 turned out to be Bitcoin’s (BTC) third-best in the past three years, according to a report from crypto data analytics platform Kaiko. Q1 2024 was Bitcoin’s best quarter in a year as the network witnessed a surge in trading volume. The $1.4 trillion traded in the quarter was the largest cumulative amount the network had seen in more than two years, representing a 107% increase from the $674 billion recorded in Q4 2023. Source t.me/Binance_Coinbase_Bybit

🇰🇷 South Korean party bets on US 💰 Bitcoin ETF access for votes According to a Bloomberg report on April 5, the opposition Democratic Party has vowed to remove restrictions on domestic and international exchange-traded funds (ETFs) directly holding crypto tokens, including United States Bitcoin ETFs. Following the approval of Bitcoin ETFs in January, South Korea’s securities regulator warned that local distribution of these ETFs could violate domestic laws. Source t.me/Binance_Coinbase_Bybit

💰 US Bitcoin ETFs Bounce Back With $569.4M in Net Inflows After Initial Dip U.S. spot bitcoin ETFs experienced a streak of four days of net inflows. The influx began modestly with $39.5 million on April 2, escalated to $113.5 million the next day, and soared to $213.4 million on April 3. The week’s culmination saw Friday pulling in an impressive $203 million, as reported by coinglass.com figures. Despite overall market positivity, Grayscale‘s GBTC encountered the day’s largest outflow among the ETFs. Trading volume for the ETFs on Friday summed up to approximately $2.37 billion, marking a 31.5% decrease from Thursday’s $3.46 billion. Source t.me/Binance_Coinbase_Bybit

💰 Bitdeer Utilizes Chip Giant TSMC, Eyeing $60M in Bitcoin Mining Equipment Production According to the publicly-listed mining corporation Bitdeer, the company is employing Taiwan Semiconductor Manufacturing Company (TSMC) for its Sealminer A1 mining rigs for the third quarter. Bitdeer also disclosed that it extracted 294 bitcoins in March, marking a 28.4% enhancement over March 2023’s earnings. Bitdeer stated that as of March 31, it had “committed orders for wafers” from TSMC, anticipating that the assembly of these rigs would generate $60 million from Sealminer A1 mining equipment. Source t.me/Binance_Coinbase_Bybit

💰 Solana scrambles to tackle failed transaction surge and user complaints Solana is working “around the clock” to fix its current issues, which include the proliferation of failed transactions on the network. Solana is working “around the clock” to fix its current issues, which include the proliferation of failed transactions on the network. Meanwhile, Anatoly Yakovenko, Solana co-founder, also pointed out the challenges in combating congestion issues on a network. Over the past weeks, the high-flying Solana network has witnessed an upsurge in the number of failed transactions. Source t.me/Binance_Coinbase_Bybit

🟠 Binance executive remains detained as 🇳🇬 Nigerian court postpones case Crypto exchange Binance, currently facing criminal charges in Nigeria, notably lacked legal representation at its April 4 court hearing in the African nation. Instead, the hearing was only attended by its compliance chief, Tigran Gambaryan, who the Nigerian government has detained since the end of February. However, despite expectations for the proceedings to advance, the Nigerian High Court postponed the case until April 19. Source t.me/Binance_Coinbase_Bybit

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🇺🇸 US Courts Have Serially Rejected Crypto Industry’s ‘Decade’s Worth of Arguments’ – SEC Director Over the past decade, the U.S. Securities and Exchange Commission (SEC) has contended with “significant non-compliance” and “creative attempts” by cryptocurrency market participants to avoid its jurisdiction. According to the SEC’s enforcement director, the commission has regularly prevailed in its numerous court cases against these participants. Source t.me/Binance_Coinbase_Bybit

📣 OneCoin legal chief sentenced to four years for role in crypto pyramid scheme: report The Southern District of New York court has handed down a four-year prison sentence to Bulgarian national Irina Dilkinska for involvement in the web3 initiative OneCoin and its cryptocurrency of the same name. Dilkinska must also forfeit $111,440,000 and submit to one month of supervised release, according to a statement from the United States Department of Justice. Source t.me/Binance_Coinbase_Bybit

💰 Bitcoin ETF Trading Volumes Tripled in March as the Largest Cryptocurrency Hit Record Highs U.S.-listed bitcoin (BTC) exchange-traded funds (ETFs) captured over $110 billion in trading volume in March, a figure three times higher than the volumes in January and February, as the largest cryptocurrency soared to record highs. Trading was led by BlackRock’s IBIT, which comprised almost 50% of the total, Bloomberg Intelligence analyst Eric Balchunas said on X. Grayscale’s GBTC was next with 20% of the total share, followed by Fidelity’s FBTC at 17%. Source t.me/Binance_Coinbase_Bybit

💰 Long-Term Bitcoin Holders Begin ‘Taking Chips Off the Table’ at Record Highs, Analysis Shows Glassnode’s 13th weekly 2024 onchain analysis indicates a strategic shift among bitcoin investors as the digital asset reached a new peak, with long-term holders beginning to realize profits. The report shows a significant $2.6 billion per day in realized profits, highlighting a common response to reaching resistance levels at new ATHs. This trend aligns with historical patterns observed in previous cycles, where similar behaviors were noted among the investor cohort. Source t.me/Binance_Coinbase_Bybit

💰 Spot bitcoin ETF monthly trading volume nearly tripled in March, hits $111 billion In March, trading volume for spot bitcoin ETFs surged to $111 million, nearly tripling February's total of $42.2 billion, according to Yahoo Finance compiled on The Block Data Dashboard. February marked the first full month of trading since the products debuted on January 11, and the significant increase in March highlights the growing interest in these new crypto-based financial instruments. Source t.me/Binance_Coinbase_Bybit

💰 Over 5% of Bitcoin’s circulating supply now held in ETPs According to data from the Bold Report, Bitcoin exchange-traded products (ETPs) have achieved a significant milestone, accumulating over 1 million BTC. This translates to an impressive $74 billion in assets under management (AUM). This accumulation represents more than 5% of Bitcoin’s circulating supply, which is approximately 19.7 million Bitcoin. Source t.me/Binance_Coinbase_Bybit

🇹🇭 Thai Crypto Exchange Bitkub Plans 2025 IPO: Bloomberg The owner of Thai crypto exchange Bitkub Online plans to sell shares to the public next year and is in the process of hiring financial advisers, Bitkub Capital Group CEO Jirayut Srupsrisopa told Bloomberg. Thailand's biggest crypto exchange provides about 80% of the Bangkok-based parent's profit and is 9.2% owned by Asphere Innovations. The initial public offering (IPO) is expected to value the exchange at around 6 billion baht ($165 million), Jirayut said. Source t.me/Binance_Coinbase_Bybit

📣 Grayscale introduces crypto investment fund that prioritizes staking rewards Grayscale Investments has announced an investment fund tailored to sophisticated clients eager to expose their portfolios to income generated from staking cryptocurrency tokens. According to a recent statement, the Grayscale Dynamic Income Fund is only available to clients with more than $1.1 million assets under management or a net worth of more than $2.2 million. Source t.me/Binance_Coinbase_Bybit

💰 FTX estate's $7.5 billion sale of locked solana attracts strong interest The FTX estate’s sale of 41 million locked solana worth $7.5 billion has seen heavy demand, according to nine sources close to the discussions. Galaxy Asset Management was picked by the FTX estate in September 2023 to facilitate token sales as the estate reckoned that it would provide the services in a cost-effective and discrete manner. The registered investment advisor is allocating the tokens to prospective bidders, some of whom are raising funds to make larger bids. Source t.me/Binance_Coinbase_Bybit

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🪙 Ether spot ETF's chance of May approval dropped to 20% by GSR Crypto market maker GSR has lowered its estimate of the likelihood of a spot Ether ETF approval in May to 20%. This is a drop from GSR's January estimate of a 75% likelihood of a May spot ether ETF approval. GSR Research Analyst Matt Kunke had attributed the former optimistic outlook to Grayscale's Court of Appeals victory and the approval of Ethereum Futures ETFs in October. Source t.me/Binance_Coinbase_Bybit

🪙 Spot Ethereum ETF approval has 'no positive signs,' says ETF expert While the prospects of a spot ether exchange-traded fund receiving approval from the U.S. Securities and Exchange Commission are up for debate, one ETF expert remains largely pessimistic. Bloomberg Senior ETF Analyst Eric Balchunas posted on X today their belief that the odds of an ether ETF garnering approval are "a very pessimistic 25%." "Personally hope they do approve it but it just ain't looking good," he added. Source t.me/Binance_Coinbase_Bybit

🟠 Binance's successor in 🇷🇺 Russia, CommEx, halting deposits and undergoing phased closure CommEx, which previously acquired Binance's Russian business in an undisclosed deal, has halted deposits and is closing down. The Russian crypto exchange is undergoing a phased closure, beginning with today's suspension of new user registrations, per an announcement on its official Telegram channel. Asset transfers from Binance have also been suspended, as have fiat and cryptocurrency deposits Source t.me/Binance_Coinbase_Bybit

💰 Bitcoin’s price rally above $69,000 leads to widespread market liquidations Bitcoin has started the week strong with a push above $69,000—up more than 3% today and marking its highest value since March 16. The move triggered a flood of liquidations in the digital asset ecosystem. These liquidations stem partly from the digital assets strong rally, peaking at an impressive $69,400. The last hour alone witnessed a massive $35 million worth of liquidations, primarily comprising of shorts. Source t.me/Binance_Coinbase_Bybit

💰 5 institutional investors own 22% of the largest Bitcoin mining company Marathon Digital Holdings (NASDAQ: MARA) is the world’s largest publicly traded Bitcoin (BTC) mining company. Institutional investors have gradually increased their positions in Marathon despite the block subsidy halving expected in April. In particular, institutional investors own 38.9% of Marathon’s outstanding shares, holding 104,212,740 out of the 268 million. Finbold gathered this data from Nasdaq, which also shows the top five institutional shareholders of the Bitcoin mining company. Source t.me/Binance_Coinbase_Bybit

🇮🇸 Iceland's PM gives cold shoulder to crypto as miners search worldwide for cheap electricity: Reports Iceland's vast network of hydroelectric and geothermal plants have made the island nation the world's largest energy producer per capita. A robust crypto mining industry has also made it the world's foremost Bitcoin hashrate producer by the same metric. Yet when Prime Minister Katrín Jakobsdóttir looks to the future, she prefers to picture corn over crypto mining. Source t.me/Binance_Coinbase_Bybit