Strike’s Mallers to head firm seeking superior Bitcoin play to MSTR
Categories
Uncategorized

Twenty One Capital, a new Bitcoin treasury company led by Strike founder Jack Mallers with the support of Tether, SoftBank and Cantor Fitzgerald, is looking to supplant Michael Saylor’s Strategy to become the “superior vehicle for investors seeking capital-efficient Bitcoin exposure.” Twenty One revealed it plans to launch with 42,000 Bitcoin (BTC) (worth $3.9 billion) […]

What’s Behind Bitcoin’s Breakout: Strategist Sees $200K BTC as Realistic
Categories
Uncategorized

A top strategist signals a paradigm shift as bitcoin rockets past $94K, fueled by institutional flows and macro tailwinds, with $200K now a credible near-term target. Strategist Dissects What’s Behind Bitcoin’s Rally—Calls $200K BTC a Real Target in New Regime Matt Mena, crypto research strategist at 21Shares, broke down the forces behind bitcoin’s recent breakout […]

Americans lost $9.3B to crypto fraud in 2024 — FBI
Categories
Uncategorized

The Federal Bureau of Investigation’s Internet Crime Complaint Center (IC3) has released its annual report detailing complaints and losses due to scams and fraud involving cryptocurrency in 2024. According to the report released on April 23, the IC3 received more than 140,000 complaints referencing cryptocurrency in 2024, resulting in roughly $9.3 billion in losses. The […]

Sovereign wealth funds piling into BTC as retail exits — Coinbase exec
Categories
Uncategorized

Sovereign wealth funds and other institutions were accumulating Bitcoin (BTC) during April 2025, while retail traders were exiting the markets via exchange-traded funds (ETFs) and spot markets, according to John D’Agostino, the head of strategy at Coinbase Institutional. During a recent appearance on CNBC, the Coinbase executive likened Bitcoin to gold and said that many […]

Traders pour into leveraged ETFs, gold in bid to weather volatility — Bloomberg
Categories
Uncategorized

Traders are embracing diametrically opposed exchange-traded fund (ETF) strategies in a bid to navigate one of the most unpredictable financial markets in recent history, according to data from Bloomberg Intelligence.  The year-to-date has seen record inflows to ETFs providing leveraged long exposure to volatile assets such as stocks and cryptocurrencies, as well as funds holding […]

Traders pour into leveraged ETFs, gold in bid to weather volatility — Bloomberg
Categories
Uncategorized

Traders are embracing diametrically opposed exchange-traded fund (ETF) strategies in a bid to navigate one of the most unpredictable financial markets in recent history, according to data from Bloomberg Intelligence.  The year-to-date has seen record inflows to ETFs providing leveraged long exposure to volatile assets such as stocks and cryptocurrencies, as well as funds holding […]

Paypal Seeks to Drive PYUSD Adoption With 3.7% Reward on Users’ Stablecoin Holdings
Categories
Uncategorized

Paypal is launching a new rewards program for its stablecoin PYUSD, offering U.S. users a 3.7% annual return to boost adoption in the competitive stablecoin market. Incentivizing Use of PYUSD Paypal Holdings is launching a new rewards program for its stablecoin PYUSD to boost adoption of the digital token within a fiercely competitive market. The […]

Alabama drops staking lawsuit against Coinbase
Categories
Uncategorized

The Alabama Securities Commission, a financial regulator for the US state, dropped its lawsuit against crypto exchange Coinbase, which accused the company of violating securities laws by offering staking services to clients. The regulator cited the ongoing work between the US Securities and Exchange Commission (SEC) and the crypto industry to develop clear crypto regulations […]

Bitcoin holders back in profit as new capital enters the market — Is $100K BTC price next?
Categories
Uncategorized

Key Takeaways: Bitcoin short-term holders are back in profit, increasing chances for a rally to $100,000. Long-term holders added 363,000 BTC since February, with new buyers injecting capital in April. Bitcoin sell pressure risk exists at $97,000, where 392,000 BTC could be sold. Bitcoin’s (BTC) surge above $91,700 on April 22 pushed its value above […]