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Crypto
Bitcoin holds above $81,000 but Middle East risk rattles crypto market
Bitcoin is holding above $81,000, but the broader crypto market is being driven more by Middle East geopolitical risk than by fundamentals. Investor caution rose after Iran rejected a peace plan under the Trump administration and Brent crude briefly topped $104 a barrel. Bitcoin climbed above $82,000 intraday and kept a monthly gain of more than 11 percent, but uncertainty around the Strait of Hormuz weighed on sentiment.
Crypto
Strategy buys 535 more bitcoin, holdings rise to 818,869 BTC
Strategy bought 535 more bitcoin, taking its total holdings to 818,869 BTC. The company spent about $43 million from May 4 to 10 at an average price of $80,340 per bitcoin. Its total bitcoin holdings were valued at about $66.5 billion. Chairman Michael Saylor said the average cumulative purchase price was $75,540 per bitcoin and total acquisition cost was about $61.9 billion.
Crypto
Morgan Stanley spot bitcoin ETF MSBT posts zero net outflows in first month
Morgan Stanley\'s spot bitcoin exchange-traded fund MSBT attracted $194 million in its first month and did not post net outflows on any day. The Block Crypto reported that no rival spot bitcoin ETF maintained the same streak over the period. MSBT logged $30.6 million of net inflows on its first day of trading on April 8. Its pace of inflows later slowed but remained positive, even as the broader market showed volatility.
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Crypto
Coinbase CLO says U.S. CLARITY Act will pass by end of summer
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Crypto
Bitwise says stablecoins could become a $4 trillion market by 2030 backed by big tech
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Crypto
21Shares lists STRC ETN on London Stock Exchange linked to Strategy preferred shares
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Crypto
TD Cowen says no room for compromise as stablecoin yield row rocks CLARITY Act
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Crypto
Polymarket, Kalshi cumulative trading volume tops $150 billion in April
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Crypto
Tether posts $1.04 billion Q1 net profit; USDT excess reserves hit $8.23 billion
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Crypto
Strive buys 789 more bitcoin, pushes ETF launch
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Crypto
Five obstacles to U.S. CLARITY bill, from Trump controversy to stablecoin interest
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Crypto
Circle shares rise, Coinbase falls as crypto-related stocks diverge
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Crypto
UK begins overhaul of digital payments rules to cover stablecoins in single framework
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Crypto
BIS says stablecoins closer to securities than money, need regulation
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Crypto
Ripple says quantum computing threat no longer a fantasy, unveils XRP Ledger roadmap
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Crypto
$900 million flows into BlackRock\'s IBIT as bitcoin spot ETFs extend institutional inflows
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Crypto
Circle unveils \'USDC Bridge\' for 1-to-1 transfers of native USDC between chains
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Crypto
Bitcoin rebound fails to lift sentiment from \'extreme fear\' as profit-taking and macro factors linger