Crypto News

Bitcoin exchange-traded funds (ETFs) ended the week with a thunderous $675 million inflow, entirely powered by Blackrock’s IBIT. Ether ETFs also maintained positive momentum, adding $20 million through ETHA alone. Bitcoin ETFs Close Week With $675 Million Inflow Led Entirely by Blackrock’s IBIT As the week came to a close on Friday, May 2, BlackrockSource link

Crypto's big show in the U.S. Congress has been unveiled in the form of a discussion draft of legislation that would establish for the first time a comprehensive domestic regime for regulating digital assets.The House Financial Services Committee and House Agriculture Committee — both sharing responsibility for the jurisdiction-hoping assets — released a working draft of a bill that Representative French Hill, chairman of the financial-services panel, said can deliver "much-needed regulatory clarity.""Today marks the first step in advancing a comprehensive framework that protects consumers, fosters innovation, and closes regulatory gaps in oversight," said Representative Glenn "GT" Thompson, chairman on the agricultural committee, which has oversight of the Commodity Futures Trading Commission that will likely have a major role in...

Stablecoin giant Tether's dive into AI promises Bitcoin-integrated apps and decentralized tech. Here's what we know so far.Source link

Corporate treasury buying of bitcoin (BTC) could reach $330 billion by the end of 2029, broker Bernstein said in a research report Monday.Strategy (MSTR) is likely to be the largest buyer, with an additional $124 billion of the world's largest crypto, in the broker's bull case. The company led by Michael Saylor announced a further $21 billion at-the-market common stock offering last week to buy more bitcoin."The U.S. pro crypto regulatory regime have further accelerated the corporate ownership growth of bitcoin," analysts led by Gautam Chhugani wrote.Bernstein expects other listed companies to allocate around $205 billion to bitcoin acquisition strategies, led by smaller firms with lower growth looking to emulate Strategy's treasury model.Public companies now own ~2.4% of the bitcoin...

President Donald Trump’s cryptocurrency ventures have added an estimated $2.9 billion to his wealth in six months, according to an April 23 report by the left-leaning State Democracy Defenders Fund. Soros-Backed Lobbyists Claim Trump’s Policy Shift Is a ‘Conflict of Interest’ The new report estimates Trump’s crypto assets, including the meme coin official TRUMP andSource link