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Tag: News

Weekly Snapshot – Bitcoin Rallies on Ceasefire

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The crypto market ended the week higher after a sharp mid-week rally, with Bitcoin recovering from recent lows to test $73,000 before settling near $71,000 by April 13. Total market capitalization climbed above $2.5 trillion as geopolitical de-escalation and steady institutional buying offset lingering macro caution. The Ceasefire RallyThe dominant driver was the US-Iran ceasefire announcement, which collapsed oil prices and triggered a...

Bitcoin, Crypto market, Crypto regulation, Cryptocurrencies, Ethereum, News, Regulation

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BlackRock’s IBIT Bitcoin ETF Crosses Billion AUM Milestone

BlackRock’s IBIT Bitcoin ETF Crosses $50 Billion AUM Milestone

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Current AUM: BlackRock’s IBIT holds $55.5 billion in assets under management per the latest available data. Market leadership: IBIT remains the largest U.S. spot Bitcoin ETF, significantly ahead of competitors including Fidelity’s FBTC. Weekly inflows context: U.S. spot Bitcoin and Ether ETFs recorded nearly $973 million in combined net inflows over the past week. Bitcoin price: BTC traded around $74,342, supporting broader ETF...

Bitcoin, Cryptocurrencies, ETF, Front page, News

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WLFI Threatens Lawsuit Against Justin Sun as Token Blacklist Dispute Turns Public

WLFI Threatens Lawsuit Against Justin Sun as Token Blacklist Dispute Turns Public

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Public escalation: WLFI issued a “see you in court” threat against Justin Sun on April 12, 2026, following his allegations of a hidden backdoor blacklist in the WLFI token contract. Freeze details: Sun’s wallet holding 595 million WLFI tokens was frozen in September 2025 after a $9 million transfer; the position has since fallen from over $100 million to approximately $43.45 million. Decentralization critique: Sun denounced the...

Altcoins, Cryptocurrencies, Front page, News

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Treasury Secretary Bessent Urges Congress to Pass CLARITY Act as Global Crypto Adoption Accelerates

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Treasury Secretary Scott Bessent urged the Senate to pass the Digital Asset Market Clarity Act (CLARITY Act) to secure U.S. leadership in the digital finance sector. Bessent characterized cryptocurrency as a “technology the world is adopting,” noting that capital and talent are fleeing to jurisdictions like Singapore and Abu Dhabi due to regulatory gaps. The push for legislation comes as the window for bipartisan action narrows...

Breaking, News

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Iran Demands Bitcoin for Strait of Hormuz Tolls as MicroStrategy Resumes Buying

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Iran has mandated a $1 per barrel transit toll payable in Bitcoin for all oil tankers passing through the Strait of Hormuz during a two-week ceasefire. MicroStrategy (MSTR) acquired an additional 4,871 BTC for approximately $329.9 million, bringing its total closer to the 1 million BTC milestone. On-chain sleuth ZachXBT uncovered a North Korean hacker network using fake identities to earn millions in crypto through remote IT roles. The...

Breaking, News

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