First Time In 71 Days: BlackRock’s Bitcoin ETF ‘IBIT’ Registers Zero Inflows
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by King Production Pk
1h ago
In a noteworthy development for the Bitcoin (BTC) market, BlackRock’s Bitcoin ETF, under the ticker name IBIT, has experienced a significant shift in trading dynamics.  After an impressive streak of 71 consecutive days of inflows, IBIT recorded zero inflows during Wednesday’s trading session, marking the first time in nearly three months. Turning Point For BlackRock’s […] http://dlvr.it/T62RNl ..read more
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Crypto Influencer ‘Jay Mazini’ Receives Seven-Year Jail Sentence And $10M Asset Seizure
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by King Production Pk
14h ago
In a Brooklyn federal court, a crypto-influencer on social media sites such as Instagram, Jebara Igbara, also known as “Jay Mazini,” was sentenced to 84 months for wire fraud, wire fraud conspiracy, and money laundering.  According to the United States Attorney’s Office for the Eastern District of New York, Igbara’s schemes resulted in substantial financial […] http://dlvr.it/T61NLP ..read more
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Ethereum ETFs On Hold? US Regulators Expected To Block Spot Products In May
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by King Production Pk
16h ago
Anticipation and uncertainty intertwine as US issuers brace for potential disappointment in their bid to launch exchange-traded funds (ETFs) linked to the price of Ethereum. Recent interactions with the US Securities and Exchange Commission (SEC) have left these firms with a lingering sense of pessimism, indicating a rocky path ahead for Ether-based financial products, according […] http://dlvr.it/T612Yq ..read more
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Apologetic Letter From Former Binance CEO ‘CZ’ Unveiled Ahead Of April 30 Sentencing
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by King Production Pk
1d ago
In a letter addressed to US Judge Richard A. Jones for the Western District of Washington, former Binance CEO Changpeng Zhao, commonly known as “CZ,” expressed his remorse and apologized for what he called “poor decisions” made during his tenure as the head of the cryptocurrency exchange.  The letter was filed on Tuesday, ahead of […] http://dlvr.it/T5zrd9 ..read more
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Bitcoin Miner & HODLer Selling Pressure Drying Up, Data Shows
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by King Production Pk
2d ago
On-chain data suggests the selling pressure from the Bitcoin miners and HODLers has been drying up, a sign that could be positive for the asset. Bitcoin LTHs Stop Selling, While Miner Distribution Slows Down As explained by analyst James Van Straten in a post on X, two BTC groups in particular have been a source […] http://dlvr.it/T5ymYS ..read more
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Ethereum Spot ETF Saga: Grayscale Takes Bold Step With S-3 Form Filing
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by King Production Pk
2d ago
As optimism around Ethereum Spot Exchange-Traded Funds (ETFs) continues to dwindle, Grayscale Investments, the world’s leading digital asset manager, has filed an S-3 Registration Statement for its Ethereum Trust, marking a major advancement in its Ether investment services. Grayscale Ethereum Trust Sets Stage For Growth Popular Fox Business journalist Eleanor Terrett reported that the company […] http://dlvr.it/T5yQXM ..read more
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Bitcoin’s Borderless Power: IMF Recognizes Positive Impact On Global Finance
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by King Production Pk
2d ago
Amidst economic turmoil and stringent regulations, citizens in countries like Argentina and Venezuela have turned to Bitcoin as a lifeline. The International Monetary Fund (IMF) examines how individuals in these nations are leveraging Bitcoin to manage their finances, bypassing capital controls through off-blockchain transactions. Related Reading: Sam Bankman-Fried Turns Rat, Cooperates In Lawsuit Vs. FTX […] http://dlvr.it/T5y0S7 ..read more
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Charity Gets A Digital Boost: $2 Billion In Crypto Donations Empower US Causes
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by King Production Pk
2d ago
American charities are experiencing a windfall thanks to a new kind of currency: cryptocurrency. By accepting donations in crypto such as Bitcoin, Ethereum, and other digital assets, non-profits are witnessing a surge in contributions, streamlining processes, and reaching new donor demographics. Related Reading: Sam Bankman-Fried Turns Rat, Cooperates In Lawsuit Vs. FTX Celebrity Backers This […] http://dlvr.it/T5xZHl ..read more
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Dogecoin Sell-Off Imminent? 10 Billion DOGE About To Move Into Profit
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by King Production Pk
2d ago
Dogecoin could be heading toward an imminent sell-off that could tank its price as a significant tranche of coins is about to move into profit. In such a case, it would not be out of the ordinary to see a large number of investors sell off their holdings as they move to secure some profit. […] http://dlvr.it/T5x9r4 ..read more
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Is This The Bitcoin Tidal Wave? BlackRock ETF IBIT Leads Inflow Charge
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by King Production Pk
3d ago
BlackRock’s iShares Bitcoin Trust (IBIT) has become the talk of the financial world, recording a record-breaking 70 consecutive days of inflows. This unprecedented streak has propelled IBIT into the top 10 exchange-traded funds (ETFs) for the longest daily inflow run, putting it in league with industry heavyweights. But is IBIT’s success a sign of a […] http://dlvr.it/T5w6lC ..read more
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