🔥Hot off the press! Over 500 institutional investors, including hedge funds, private equity, and insurance companies, have jumped into the Bitcoin ETF pool in Q1. Wisconsin's state pension fund even splashed $160M into the mix! 🚀

This is not your typical ETF launch. Usually, it takes years for such a diverse group of investors to get involved. But hey, Bitcoin isn't your typical asset, right?

The biggest fish in the pond turned out to be hedge fund Millennium Management, which allocated roughly 3% of its total assets into several funds.

But here's the twist: not all of these are long-term bets. Some are just trading firms' market-making businesses, positions held so they can act as the other side on someone else's trade.

The biggest surprise? A pension fund getting involved, given the industry's aversion to risk. But with Bitcoin ETFs, it's easier to hold the asset safely.

So, what's next? Will more pensions follow Wisconsin's lead? Or is this just a passing fad? Let's hear your thoughts in the comments! 💭 #Bitcoin #ETF #CryptoInvestment

🚨 Heads up, crypto enthusiasts! France's securities regulator, AMF, has issued a renewed warning against crypto exchange Bybit. They're urging customers to prepare for a possible sudden halt in services in France. 🇫🇷

Bybit isn't registered as a digital asset service provider (DASP) in France, making its operations illegal. It's been on AMF's blacklist since May 20, 2022. The notice suggests a potential enforcement action could be on the horizon. 🚫

This isn't the first time Bybit has faced regulatory pushback. Hong Kong's SFC also flagged it as a suspicious crypto exchange. Last year, Bybit exited Canada and the UK due to regulatory pressure. 🌍

Bybit hasn't commented yet. What do you think will happen next? Share your thoughts below! 👇 #CryptoNews #Bybit #Regulation

🚀Crypto custody is a hot topic! Todd Bendell from Amphibian Capital breaks down the options: self-custody for max control, on-exchange for convenience, and off-exchange for institutional assurance. But beware, each has its risks! 🛡️

💡Meredith Yarbrough from LaHoja Capital Partners shares insights on Bitcoin collateral custody for credit fund managers. Key factors? Long-term viability, safety policies, and robust key ceremony procedures.

🔮Navigating the regulatory landscape is crucial too. It's a balancing act between compliance and strategic innovation.

🎲Investing in crypto quant funds can reduce risks through diversification and sophisticated strategies.

💰Wisconsin acquired close to $100M of BlackRock's spot Bitcoin ETF. BitGo’s CCO claims U.S. regulatory uncertainty is affecting innovation. Bank of Montreal discloses Bitcoin ETF holdings.

What's your take on crypto custody? Let's chat in the comments! #CryptoCustody #Bitcoin #CryptoNews

🔔US Treasury is all set to amp up anti-money laundering & counter-terrorism efforts around digital assets as part of its broader strategy to combat illicit financing. The 2024 strategy includes sanctions against certain exchanges, settlement with Binance & warnings about scams.🔍

The strategy's four priorities? Closing gaps in regulations, supporting a risk-focused framework, boosting law enforcement effectiveness, and leveraging tech innovations.💡

The plan also includes potential updates to the US regulatory framework and global implementation of Financial Action Task Force standards.🌐

The Treasury will keep an eye on how digital asset payments, including DeFi, are evolving, provide technical assistance to Congress, and seek more funding for the Financial Crimes Enforcement Network and Office of Foreign Asset Control.💰

What's your take on this? How will this impact the crypto market? Let's discuss!👇 #CryptoNews #USRegulation #Blockchain

🔔Breaking News! Tornado Cash developer, Alexey Pertsev, has been sentenced to 64 months in prison for money laundering. The crypto community is in shock!😲

Many are voicing their concerns, calling it a "sad day for privacy, crypto, and open-source." Some even believe this decision could harm us all. But is it all doom and gloom?🤔

Not everyone agrees. Zumo CEO, Nick Jones, sees it as a necessary step for crypto's development, fostering trust in the sector. With regulators worldwide tightening money laundering requirements for crypto, was this verdict inevitable?

The Dutch judge argued that Pertsev's Tornado Cash, an anonymizing tool, facilitated money laundering transactions. But is this a fair assessment? Let's discuss!👇

P.S. It's not over yet! Pertsev has applied to appeal the verdict. Stay tuned for updates! #CryptoNews #TornadoCash #PrivacyDebate

🚀 Over 500 institutional investors, including hedge funds, insurance companies, and private equity firms, jumped on the Bitcoin ETF bandwagon in Q1! Even the State of Wisconsin's pension fund allocated $160M into Bitcoin ETFs from BlackRock and Grayscale. 🤯

🔍 But why the sudden interest? Well, Bitcoin ETFs offer a safer and more convenient way to invest in the volatile crypto market. Plus, with Bitcoin's impressive returns over the past decade, who can resist?

🔮 The future looks bright, folks! As more institutions get comfortable with the structure and liquidity of these funds, we can expect a steady influx of big players into the crypto space.

💬 So, what are your thoughts? Will we see more pension funds following Wisconsin's lead? Let's discuss in the comments! #CryptoNews #BitcoinETFs

🚀Notcoin (NOT), a gaming token with a whopping 35M users, has hit the market with a bang! Its fully diluted value stands at a cool $1B, with a market cap of $940M. 📈

In just the first hour of trading, it saw a staggering $294M in volume. Early adopters, who've been playing the game via Telegram since Jan, are now reaping the rewards. 💰

Notcoin's max supply? 102B, with 3% for Binance Launchpool users and 1.5% for OKX Jumpstart users. Plus, a staking mechanism to incentivize hodlers. 🎮

Founder Sasha Plotvinov is thrilled, saying Notcoin's viral growth has introduced millions to crypto. What's your take on this gaming token? Let's chat below! 🗨️ #Notcoin #CryptoNews

🚀DC Fintech Week founder, Christopher Brummer, is taking a leap into the crypto world with his new venture, Bluprynt! With a mission to help crypto customers navigate the maze of emerging government disclosure requirements, Bluprynt is backed by big names like former PayPal CEO, Dan Schulman, and Robinhood Inc.

💡Brummer believes transparency is key to mainstream adoption and government licensing in the crypto space. As regulatory rules around the globe start to take shape, Bluprynt aims to provide "quality, industry-grade disclosure solutions for digital assets and services."

🌐While Europe and Asia are making strides in crypto regulation, the U.S. is still playing catch up. As the crypto landscape evolves, how do you see regulatory changes impacting the industry? Share your thoughts below! #CryptoNews #Blockchain #Fintech

🔥Hot off the press! India's markets regulator, SEBI, suggests a multi-regulator approach to oversee crypto trade, differing from RBI's stance favoring a stablecoin ban. SEBI could monitor securities-like cryptos & ICOs, while RBI could handle fiat-backed assets like stablecoins. Insurance & pension-related virtual assets? IRDAI & PFRDA could take the reins there. 🐎

Meanwhile, crypto investor grievances could fall under India's Consumer Protection Act. All this while the nation is in the midst of elections, with results due June 4. 🗳️

Despite the Finance Ministry's silence on crypto's legal status, signs of a credibility shift are emerging. Over 46 crypto-related firms registered with the financial intelligence unit last week, signaling a potential policy shift. 🚀

What's your take on this multi-regulator approach? Drop your thoughts below! 👇 #CryptoNews #IndiaCrypto

Note: This is a summary of news, not financial advice. Always do your own research.

🚀 Ether-Bitcoin ratio hits a 3-year low, down 16% YTD! Uncertainty about the launch of spot ETH ETF in the U.S. and the rise of Ethereum-killers like Solana are key factors.

📉 ETH/BTC slipped to 0.04563 on Binance, the lowest since April 2021. Reduced demand for Ether ETPs is also a factor, with global Ether ETPs seeing net outflows of around $63.5M last week.

🔍 Several factors are at play, including competition from layer 1s and uncertainty about spot ETH approvals in the U.S. Bitcoin's store-of-value narrative has been reinforced, while questions about ETH's positioning within the crypto sector remain.

🚀 Solana's share in total decentralized exchange volumes has grown tenfold from 2% to 21% in one year, eating into Ethereum's market share.

👀 The SEC has green-lighted nearly a dozen spot BTC ETFs since January, drawing roughly $12B in net inflows. Approval of spot ETFs tied to ether could open a similar pool of capital for Ethereum’s native token, but the timing is unclear.

🎲 Traders on Polymarket see just a 10% chance of the SEC approving a spot ETF on or before May 31.

📢 What's your take on the Ether-Bitcoin ratio? Do you think the SEC will approve a spot ETH ETF? Let's discuss! #crypto #ETH #BTC

🚀 Bitcoin's price could hit a whopping $74,000 soon, thanks to softer U.S. inflation figures and growing institutional demand. Big players like Millennium and Schonfeld are diving into Bitcoin spot ETFs, signaling a surge in institutional interest. 📈

Short-term selling pressure is easing off, say on-chain analysts. The U.S. Consumer Price Index (CPI) rose less than expected, triggering a BTC breakout, pushing it past $66,000 for the first time since April.

This, coupled with traditional finance demand, could see Bitcoin reclaiming its March record of $73,700. "We expect bullish momentum here that could take us back to the highs of nearly $74,000," say QCP traders.

Institutional demand for Bitcoin is on the rise, with Millennium and Schonfeld investing around 3% and 2% of their AUM into the BTC spot ETF.

What do you think, folks? Are we on the brink of a Bitcoin breakout? Let's chat in the comments! #Bitcoin #CryptoNews 🚀🌕

🚀Tornado Cash developer, Alexey Pertsev, isn't going down without a fight! After being sentenced to 64 months in jail for money laundering, he's filed an appeal with the s-Hertogenbosch court of appeal. ⚖️

It's a waiting game now, with the first hearing potentially months away. Meanwhile, Pertsev could request to await his appeal trial at home. 🏠

The court's verdict? "Tornado Cash does not pose any barrier for people with criminal assets who want to launder them." 💸

What's your take on this? Is the court's verdict fair or is it a misunderstanding of blockchain tech? Let's discuss below! 👇 #CryptoNews #Blockchain #TornadoCash

🚀Crypto exchanges, brace yourselves! The Bitcoin futures giant, CME, is reportedly planning to offer spot Bitcoin trading. This move could potentially shake up the crypto market as it would allow traders to set up complex multi-leg strategies involving spot and futures markets in one regulated place. 🎯

According to the Financial Times, CME has been in talks with traders keen on trading Bitcoin in a regulated marketplace. The spot market would complement CME's existing standard and micro futures contracts, which are a proxy for institutional activity.

🔮10x Research founder, Markus Thielen, predicts that crypto exchanges may lose business if CME starts offering spot Bitcoin trading. The current bull run is driven by institutions who prefer regulated avenues.

What do you think? Will this move by CME be a game-changer in the crypto market? Let's discuss! #Bitcoin #CryptoNews #CME

(Update: More details to follow)

🚨Crypto Drama Alert!🚨 Self-proclaimed "Crypto King" Aiden Pleterski, 25, and his associate Colin Murphy, 27, have been arrested in Canada for allegedly swindling investors out of a whopping $30 million USD in a crypto and forex investment scheme.

Pleterski, who only invested 2% of the funds, allegedly spent at least $16 million on himself, buying luxury cars, traveling, and renting a lakefront mansion. He even posted videos of his escapades on social media! 🎥💰

But wait, there's more! In a shocking twist, Pleterski was allegedly kidnapped by victims of his scheme, who demanded a $3 million ransom. He was later released, but a video of him apologizing to investors was posted online.

Now, Pleterski is out on bail, with conditions including no crypto trading and no social media posts about financial matters. Stay tuned for more updates on this wild crypto saga! What's your take on this? Let's discuss below! 👇 #CryptoNews #CryptoDrama

🔥Hot off the press! Big names are diving into the Bitcoin ETF pool! 🏊‍♂️

Wednesday was D-Day for institutional investors to reveal their Q1 2024 holdings. And boy, did they surprise us! After Wisconsin's whopping $161M allocation, more whales have surfaced. 🐳

Hedge fund giant Millennium Management, boasting over $64B in assets, held a cool $2B across various Bitcoin ETFs. Their biggest bet? BlackRock's iShares Bitcoin Trust (IBIT) at a hefty $844M. They also owned $800M of Fidelity's FBTC and $202M of Grayscale's GBTC, not to mention stakes in ARK/21's ARKB and Bitwise's BITW.

But wait, there's more! Paul Singer's Elliott Capital disclosed a nearly $12M stake in BlackRock's IBIT. Apollo Management Holdings also revealed a $53.2M stake in ARK/21's ARKB.

Aristeia Capital and Hudson Bay Capital also joined the Bitcoin ETF party. 💃

What a ride! 🎢 What are your thoughts on these big moves? Let's chat in the comments! #BitcoinETF #CryptoNews

🔥Hot off the press! The U.S. Department of Justice has charged two brothers for a cunning attack on Ethereum trading bots, raking in a cool $25 million! The duo exploited a flaw in the MEV (maximal extractable value) system, a controversial process that can be a goldmine for automated bots.

But hold your horses, this ain't a Robinhood tale! Anton and James Peraire-Bueno didn't steal from the rich to give to the poor. They set up shell companies and sought ways to launder funds undetected, in what the DOJ calls a "highly orchestrated and premeditated plot". 🕵️‍♂️

The brothers exploited an open-source built by MEV firm Flashbots that gave them an unequal view into how MEV bots were ordering transactions. They signed false transactions to run the scheme, tricking the Relay to prematurely release the content of the proposed block to them, including private transaction information.

The crypto community is buzzing! Some see the indictment as a good thing, indicating the technical savvy of the DOJ. Others argue that exploiting MEV bots is fair game. What's your take? 🤔

The silver lining? The Flashbots team patched the error that enabled the attack fairly quickly. The Ethereum community is now working to minimize MEV, but it's a tough nut to crack. For now, the process is "inevitable". Let's study it, illuminate it, minimize it, and make it as open as possible for anyone to participate with the same rules. 💪

#Ethereum #MEV #CryptoNews

🚀Bitcoin is soaring, hitting its highest price since April 24th. It's not alone, Solana's SOL and NEAR are leading the crypto gains with 8% and 12% jumps respectively. Swissblock predicts Bitcoin could target the $84,000 level with altcoins following suit. 💰

The rally comes on the back of softer-than-expected U.S. inflation data, which has given digital assets a much-needed jolt. Investors are breathing a sigh of relief, fearing that reaccelerating inflation might force the Federal Reserve to consider interest rate hikes.

Bitfinex analysts see this as a bullish regime shift, marking the first decrease in CPI inflation over the last three months. The Federal Reserve's intention to taper the central bank's balance sheet run-off is seen as a favorable print for risk assets.

What do you think? Will Bitcoin hit the $84,000 mark? Will altcoins follow suit? Let's discuss! #Bitcoin #CryptoRally 🚀💬

🚀🔥Oklahoma is stepping up its crypto game! Governor Kevin Stitt has signed a comprehensive 'Bitcoin Rights' bill into law, securing Oklahomans' legal right to mine, transact with, and self-custody cryptocurrencies. This move is a huge win for crypto advocates and boosts Oklahoma's reputation as a crypto-friendly state.

The bill, HB3594, was inspired by the Satoshi Action Fund's model policy and has been introduced in 15 other states. It protects the right to self-custody crypto in a self-hosted or hardware wallet, and to use crypto for legal purchases without extra tax.

Mining crypto, both at home and on an industrial scale, is now legal for Oklahoma residents, provided they comply with local noise ordinances. This safeguards against future attempts to ban crypto mining, seen in states like New York and North Carolina.

The law takes effect on November 1, 2024. What are your thoughts on this? Do you think more states will follow suit? Let's discuss! #BitcoinRights #CryptoLaw 🎉🚀

🚀🤖 Imagine a future where your humanoid robot fetches groceries! But wait, it's lost in the ketchup aisle! Enter decentralized machine perception networks (DePINs), the game-changer for independent robotic agents.

GPS is aging, WiFi triangulation raised privacy concerns, and visual positioning systems (VPS) are too intrusive. DePINs could be the answer, enabling robots and computers to exchange spatial data, enhancing navigation without compromising privacy or corporate security.

Imagine self-driving cars coordinating live traffic info, unlocking years of productivity, or AR glasses offloading heavy spatial computing to local servers. As we approach 100 billion intelligent decision-makers, DePINs could help us all find our place, on Earth and beyond.

What's your take on DePINs? Will they revolutionize our future? Let's discuss! #Blockchain #Crypto #FutureTech

🔔News Alert! Salim Ramji, the soon-to-be CEO of Vanguard, has squashed rumors of the asset management giant offering its own spot bitcoin ETF. He emphasized the importance of consistency in a firm's offerings and stance. 🎤

This isn't about Vanguard not launching its own bitcoin ETF, but rather its decision not to offer trading access to any spot products that became available this year. Ramji, who previously led BlackRock's global iShares business and played a key role in its successful bitcoin ETF launch, didn't address this in the interview. 🤔

What do you think of Vanguard's stance on crypto? Is it a missed opportunity or a wise move? Let's discuss in the comments! 💬 #CryptoNews #Vanguard #BitcoinETF