BTC price upside returned during Wednesday’s Asia trading session as Bitcoin attacked a long-term trend line and psychological levels. Bitcoin (BTC) passed $71,000 on Wednesday as geopolitical tensions fueled ongoing volatility. Key points: Bitcoin price action teases a fresh breakout after failing to hold $70,000 since January. Read moreContinue Reading

BlackRock’s spot Bitcoin ETF drew $322 million in inflows Tuesday, offsetting outflows from rival funds including Fidelity and Grayscale. US spot Bitcoin ETFs saw mixed trading flows on Tuesday, with BlackRock’s iShares Bitcoin Trust ETF (IBIT) offsetting redemptions. Spot Bitcoin (BTC) exchange-traded funds (ETFs) logged $225.2 million in net inflows, according to data from SoSoValue....Continue Reading

The purchases came as geopolitical tensions tied to the US and Israel’s conflict with Iran weighed on global markets, pushing major indexes lower. Cathie Wood’s Ark Invest increased its exposure to crypto-related equities, adding shares of Coinbase and Robinhood Markets across several of its exchange-traded funds (ETFs) as broader markets pulled back. The company purchased...Continue Reading

Creators posting AI-generated war footage without disclosure risk losing access to X’s revenue-sharing program for three months. Social media platform X will suspend creators from its revenue-sharing program for 90 days if they post AI-generated war footage without clearly disclosing that the content was created using artificial intelligence. On Wednesday, X’s head of product, Nikita...Continue Reading

Former Los Angeles Police Department officer Eric Halem was reportedly convicted of handcuffing and threatening to kill a teenager to steal Bitcoin. A former Los Angeles Police Department officer has reportedly been convicted of kidnapping a 17-year-old and stealing $350,000 worth of crypto in a 2024 home invasion. A Los Angeles County Superior Court jury...Continue Reading

House Bill 1042 also includes provisions to protect the rights of crypto users, barring public agencies from enforcing rules that ban crypto payments, self-custody, or mining. Indiana will start allowing certain retirement and savings plans to include crypto investments and has enacted stronger legal protections for the crypto industry under a newly signed bill.  Governor...Continue Reading

South Korea’s Kospi and Kosdaq tripped circuit breakers as the Middle East conflict drove a global exodus from stocks. The Korean Stock Exchange was forced to halt trading after the escalating conflict in the Middle East prompted a major share price plunge on Wednesday. The South Korean Kospi and Kosdaq each plunged more than 10%...Continue Reading

Bitwise’s Matt Hougan called it the “weekend that changed finance” as investors clambered onto Hyperliquid to trade the Israel-Iran conflict. Bitwise chief investment officer Matt Hougan says he’s drastically cut his estimates of when “on-chain finance” will take off after seeing investors pile into crypto platforms such as Hyperliquid to trade tokenized assets amid the...Continue Reading

Bitcoin will eventually reach a point where the US government creates the conditions it needs to succeed, whether that takes 10 or 20 years, according to a Bitcoin executive. David Bailey, a former crypto advisor to the Trump administration, argues that the US government could be doing more to support Bitcoin adoption.  “At the end...Continue Reading

A Bitcoin Policy Institute study of 36 AI models found Bitcoin was the top monetary choice in 48% of responses, but more than half preferred stablecoins for payment scenarios. A new study from the Bitcoin Policy Institute (BPI) suggests that artificial intelligence models prefer Bitcoin over stablecoins and other forms of money for different financial...Continue Reading