On Monday, April 22, the BlackRock Bitcoin ETF IBIT registered yet another inflow of $19.4 million, registering 70 consecutive days of inflows ever since launch. This puts BlackRock’s IBIT ETF into the top-ten exchange-traded-funds recording the largest daily streak of inflows. BlackRock Bitcoin ETF IBIT Shines So far, BlackRock’s IBIT Bitcoin ETF has amassed more than $15.4 billion worth of Bitcoins as of its current price. While on the one hand, BlackRock has been recording continuous inflows, the Grayscale Bitcoin ETF has registered continuous outflows on the other hand. BlackRock’s IBIT h ..read more

Bitcoin traders are currently looking more toward geopolitical issues to assess the trajectory of Bitcoin prices than the halving event itself.  According to Reuters, though industry insiders said on Monday that the cryptocurrency’s fortunes were more directly related to broader financial market emotions and geopolitics, the so-called halving event of Bitcoin has had little effect on its price thus far. Geopolitical Issues to be on Crypto Traders List To reduce the rate at which new bitcoins are created, the “halving” of Bitcoin occurs every four years to keep the supply and demand in ba ..read more

Magic Eden, a prominent player in the NFT marketplace, has introduced its latest innovation—a platform for Bitcoin Runes. Scheduled for release on April 23, 2024, the platform was released earlier, according to a company representative. Among the features of this new update is the possibility of transferring BTC and buying Runes and Ordinals directly with your Magic Eden wallet. April 23rd. The simplest and most intuitive Runes platform. The future of BTC is on Magic Eden. pic.twitter.com/BFPdmAKnHd — Magic Eden (@MagicEden) April 18, 2024 Bitcoin Runes are a development stage in the opera ..read more

Following the Fourth Bitcoin Halving on Friday, the cryptocurrency market experienced a broad recovery rally, with significant gains across major coins. By Monday, Bitcoin had surpassed the $65,000 mark, reinforcing the momentum of recovery in the altcoin sector. In this upbeat market environment, the Chainlink price rallied from its $12.75 support level, posting a 20% increase to hit $15.3. With this post-halving surge, can the LINK price exceed $20 in April? Also Read: Crypto Price Prediction 4/22: Bitcoin Above $65k Sparks Fresh Relief Rally Is Chainlink Price Heading to $20? Chainlink Pri ..read more

David Schwartz, the Chief Technology Officer of Ripple, has raised a point that has drawn attention to the process of centralizing the Bitcoin (BTC) hash power. With his intervention, Schwartz challenges the conventional wisdom that it is the majority of hash power that determines who gets to control the name “Bitcoin.” Responding to tweets, he not only questions the understanding but goes on to raise a fresh question, the one about the authority to define what is popularly known as Bitcoin. Ripple CTO questioned whether a rational user would blindly accept whatever is called BTC, regardless ..read more

Coinbase, one of the leading cryptocurrency exchanges, has introduced a smart wallet with universal compatibility available on testnet. The smart wallet is meant to provide a seamless and secure experience for users on the platform. In an X post, Coinbase shared some of the key features with members of its community assuring that there are incentives offered to early adopters. The platform also provides exclusive sessions for developers. Key Functionalities of the Smart Wallet The new Coinbase smart wallet which is currently being previewed on testnet will be available to users on mainnet by ..read more

Two attorneys from the United States Securities and Exchange Commission (SEC) have reportedly resigned after a federal judge reprimanded the agency for “gross abuse” of power and acting in “bad faith” in a case against the crypto platform Debt Box. The resignation of the lawyers comes as a consequence of the agency’s alleged misconduct in the high-profile crypto fraud case. Judge Cites SEC’s ‘Gross Abuse’ of Power According to reports, Michael Welsh and Joseph Watkins, the lead attorneys in the SEC case against Debt Box, stepped down earlier this month. Sources familiar with the situation rev ..read more

A sign with the inscription “Buy Bitcoin” which was held up by Christian Langalis a few years ago, has been receiving biddings in an online auction according to a Bloomberg report. Langalis Wants More Monetary Gains For Heroic Effort So far, the item has received bids of up to $140,000 from interested investors, a significant increase from the previous value that Langalis placed on it. The auction is still ongoing and interested bidders have until Wednesday to place their bids. Noteworthy, this is not the first time that he has been offered money for the ‘scribbled’ piece. He has even sold ab ..read more

Ledger, a provider of crypto hardware wallets, has further strengthened its partnership with MoonPay, a digital payment processor based in Miami. The purpose of this partnership is to enhance the cryptocurrency trading experience via the addition of new features to Ledger’s platform, Ledger Live. Among these improvements are features allowing for almost instant cryptocurrency buying and token swapping, with the aim of creating a smooth and safe trading environment for users across the globe. Today we’re proud to announce new initiatives with our longstanding partner @Ledger. We’re unveiling ..read more

Fleeing Binance executive, Nadeem Anjarwalla was arrested in Kenya with plans to extradite him to Nigeria. Nadeem Anjarwalla is in the middle of a legal battle with the Nigerian government after he was detained alongside fellow Binance executive, Tigran Gambaryan.  Both men flew into Nigeria to discuss with authorities on developing issues on Binance P2P offering and the local currency. Nigerian authorities claimed the Binance facilitated the exchange of funds acting as a medium of exchange.  The National Security Adviser’s Office detained Nadeem Anjarwalla and his colleague, openin ..read more