US spot Bitcoin ETFs saw mixed trading flows 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. The gains were driven largely by IBIT’s $322.4 million in inflows, which offset $89.3 million in outflows from Fidelity Wise…
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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 of the day, liking Bitcoin is not enough,” Bailey said during the Bitcoin Investor Week Conference in New York, which was published to YouTube on Tuesday. “The Trump administration…
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US President Donald Trump has taken a shot at banks for stalling the crypto market structure bill from advancing in the Senate over stablecoin yield payments. “The Genius Act is being threatened and undermined by the Banks, and that is unacceptable — We are not going to allow it,” Trump posted on his Truth Social…
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Billionaire investor Ray Dalio has warned against Bitcoin as a long-term store of value and safe-haven asset, arguing that it has little central bank support and has lingering concerns over its privacy limitations and quantum resistance. Dalio dismissed the idea that Bitcoin (BTC) can function as a digital gold, telling the All-In Podcast on Tuesday…
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Voters in North Carolina, Texas and Arkansas will decide on some of the first candidates for the 2026 midterm elections in the United States as primary season kicks off, potentially influencing the future of Congress and crypto legislation. In Texas, Democratic Representative Jasmine Crockett is running for Republican John Cornyn’s US Senate seat for Texas.…
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Stafford Masie, executive chairman of Africa Bitcoin Corporation, said Tuesday that Bitcoin functions as everyday money in parts of Africa rather than primarily as a store of value. Speaking to Natalie Brunell on the Coin Stories podcast on Tuesday, Masie said the framing of Bitcoin (BTC) differs sharply across regions. “Where I come from, Bitcoin…
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SEC Chair Paul Atkins and CFTC Chair Michael Selig addressed market structure, prediction markets and perpetual futures at a Tuesday event. Michael Selig, chair of the US Commodity Futures Trading Commission (CFTC), said the agency will soon address how to handle perpetual futures contracts for cryptocurrencies. In a Tuesday panel hosted by the Milken Institute…
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Key takeaways: Bitcoin shows resilience by decoupling from traditional equities and gold despite increasing US dollar strength. Institutional demand for Bitcoin remains robust, as evidenced by the $1.5 billion in recent ETF net inflows in 7 days. Bitcoin (BTC) successfully defended the $68,000 level on Tuesday despite a 1% decline in the Nasdaq 100 Index…
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Bitcoin bulls gave up their latest mission to reclaim $70,000 as Iran escalation sparked oil supply fears that gripped stocks and gold. Bitcoin (BTC) erased its latest trip to $70,000 on Tuesday as Middle East tensions sparked a global asset sell-off. Key points: Bitcoin and major asset classes all fall after the closure of the…
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Technological deflation driven by artificial intelligence could help push Bitcoin above $10 million within a decade by pressuring central banks to keep expanding the money supply, according to a report from Strive strategist Joe Burnett. Burnett, Strive’s vice president of Bitcoin strategy, said in a report published Monday that faster productivity gains from AI will…
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