Somebody is buying $2.1 billion of bitcoin through ETFs. Somebody else is using that bid to get out. U.S. spot bitcoin ETFs have now logged eight straight days of inflows totaling $2.10 billion through April 23, per SoSoValue. That is the longest streak since the nine-day October 2025 run that took bitcoin to its $126,000…
The U.S. government is holding an unrealized gain of roughly $26.5 billion on its Intel (INTC) stake after the chipmaker’s shares jumped more than 22% in pre-mrket trading on Friday, following a stronger-than-expected first-quarter earnings report. The position stems from an August deal in which the Trump administration converted $8.9 billion in CHIPS Act grants…
The U.S. Commodity Futures Trading Commission sued New York on Friday in its latest action to shield what the agency has argued is its unassailable nationwide regulatory authority over prediction market firms. Earlier this week, New York sued Coinbase and Gemini, arguing that their prediction market contracts violated state gambling laws. And last year, the…
Bitcoin BTC$77,606.49 held above $77,000 on Friday, consolidating after hitting its strongest level since early February earlier in the week. The largest cryptocurrency is up about 13.6% in April, putting it on track for its best monthly performance in a year, according to CoinGlass data. The rebound follows a rough stretch, with crypto markets logging…
The U.S. Treasury Department said Friday that a $344 million cryptocurrency freeze is part of its latest effort to disrupt financial networks tied to Iran. Treasury Secretary Scott Bessent said in an X post that the Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning multiple crypto wallets linked to Iran, resulting in the freeze…
The quantum attack Bitcoin has spent years treating as tomorrow’s problem just got a little less theoretical. Quantum security startup Project Eleven said it awarded its 1 bitcoin BTC$77,572.57 Q-Day Prize to independent researcher Giancarlo Lelli on Friday after he broke a 15-bit elliptic curve key on publicly accessible quantum hardware, deriving a private encryption…
Jane Street asked a U.S. court to dismiss a lawsuit brought by the bankruptcy estate of Terraform Labs, rejecting claims that the trading firm helped trigger the 2022 collapse of the TerraUSD (UST) stablecoin and its sister token Luna. In two filings submitted Thursday to the Southern District of New York, Jane Street and several…
President Donald Trump’s command of U.S. financial and economic policy may have taken a step closer now that his Department of Justice has backed down from an investigation of Federal Reserve Chair Jerome Powell, meaning his nominee to replace Powell may now have an open path to confirmation. Fed chair nominee Kevin Warsh, whose own…
Bitmine Immersion Technologies (BMNR) said it is purchasing 10,000 ether (ETH) from the Ethereum Foundation, adding to its growing position as the largest digital asset treasury firm after the bitcoin-centric Strategy (MSTR). The terms of the over-the-counter transaction were finalized on Friday and is worth $23.87 million, the Ethereum Foundation said in an X post….
Michael Saylor, executive chairman of Strategy (MSTR), the largest publicly traded holder of bitcoin BTC$77,851.73, said Thursday on X that the crypto winter is over as bitcoin held above $78,000, a price level first reached early on April 22, according to CoinDesk data. In a Game of Thrones-style image, dressed in a fur coat, a…
