Author: CryptoPress

U.S. spot Bitcoin ETFs extended their positive momentum, recording approximately $1.9 billion in net inflows over a seven-day streak ending April 24. BlackRock’s IBIT continues to lead institutional demand, contributing significantly to the recent recovery from earlier yearly outflows. On-chain data reveals short-term holders are actively taking profits as Bitcoin approaches psychological resistance at $80,000. Institutional appetite for...

BlackRock’s iShares Bitcoin Trust (IBIT) has reached a new all-time high, surpassing 806,700 BTC in total holdings. The milestone follows nine consecutive trading days of net inflows, with the fund adding approximately 21,500 BTC during that period. IBIT currently commands roughly 49% of the total U.S. spot Bitcoin ETF market share, valued at over $63.7 billion. BlackRock’s iShares Bitcoin Trust (IBIT) has set a new record for its Bitcoin...

Bitcoin’s 30-day realized volatility fell to 42%, slipping below South Korea’s Kospi index (51%) and Pakistan’s KSE 100 (51%). The divergence stems from geopolitical energy shocks impacting oil-dependent Asian economies more severely than the crypto market. Analysts credit the stabilization of Bitcoin to structural changes, including the maturation of U.S. spot ETFs and increased institutional capital. Bitcoin is increasingly distancing...

LayerZero clarified that the $290 million exploit of Kelp DAO’s rsETH bridge resulted from external security configurations rather than a flaw in the LayerZero protocol. The attack is being attributed to the North Korean Lazarus Group, involving a sophisticated DDoS attack and the compromise of RPC nodes. Kelp DAO has paused its liquid restaking operations while security teams work to trace the stolen assets across multiple chains. LayerZero...