#BlackRock's IBIT #BitcoinETF hits $10B in assets, leading all US #ETFs, driven by #Bitcoin rally.

#MicroStrategy holds 193,000 BTC, plans $600M debt offering to increase reserves.
https://coinpedia.org/news/microstrategy-dethroned-blackrock-etf-becomes-top-bitcoin-holder/

• #Bitcoin achieves a record high surpassing $71,209 on #Coinbase.

🔵 Factors driving the surge include

• Increased investment in new spot Bitcoin exchange-traded funds (#ETFs) and anticipation of interest rate reductions by the US Federal Reserve.

#FED #BitcoinETF #ATH #CryptoNews

#Galaxy Digital CEO, Michael Novogratz, discusses #Bitcoin's rally, predicts it will stay above $50,000 barring major events.

Attributes Bitcoin's surge to supply-demand dynamics, US adoption, and institutional investment via #ETFs; highlights political influences.
https://coinpedia.org/news/galaxy-digital-ceo-novogratz-predicts-bitcoin-price-stability-above-50000-amidst-market-dynamics/

Top #CryptoNews in The Last Week

1️⃣ #FED kept Interest rates at 5.25%-5.50% for the 5th time. Predicted 2.6% core PCE inflation by 2024

2️⃣ #Bitcoin spot #ETFs saw four days of outflows. #Grayscale's GBTC had $358M outflow. BlackRock's IBIT had $233M inflow

3️⃣ SEC investigates #Ethereum transition to POS. Legal action pursued to classify Ethereum as security

4️⃣ #BlackRock launches tokenized asset fund on Ethereum.Fund backed by cash, bonds, distributed via #blockchain

5️⃣ Nigerian court orders #Binance to disclose user data to EFCC.Binance compliance chief detained in Nigeria

6️⃣ #OKX stops services in India due to regulations. Users asked to withdraw funds by April 30th

7️⃣ Do Kwon faces legal hurdles Montenegrin court orders house arrest, travel restrictions.Extradition halted

8️⃣ #MicroStrategy surpasses U.S. & China in #Bitcoin holdings,now owning 1% of total Bitcoin (#BTC)

9️⃣ SEC files opening remedies brief against #Ripple, documents currently sealed, to be redacted & released by March 26.

Speculation surrounds potential launch of #Ethereum and #XRP #ETFs, with XRP potentially leading.

Valkyrie Funds' CIO suggests Ethereum may face regulatory hurdles, #XRPETF more likely to be approved.
https://coinpedia.org/news/probability-of-xrp-etf-launching-before-eth-etf-market-insights-and-price-analysis/

#Worldcoin ($WLD) surges 44% fueled by #AI buzz after Warren Buffett comments, showing increased #investor interest.

#Litecoin (LTC) gains attention for potential #ETFs, but technical signals hint at a possible price decline. #Cryptonews
https://coinpedia.org/news/top-crypto-tokens-trending-today-amidst-bitcoin-price-drop/

Breaking: South Korea's Democratic Party Election Victory Sparks Push for Crypto ETF Review

🔵 South Korea's Democratic Party aims to introduce spot #crypto funds, despite regulators' current opposition.

🔵 #Financial regulators oppose spot crypto #ETFs due to lack of legal basis.

🔵 Following an electoral victory, the party plans to push for regulatory review of banned spot #bitcoin ETFs.

🔵 In June, the party intends to request the Financial Services Commission to reconsider spot bitcoin ETFs.

#Crypto #CryptoNews

Harvest Global Investments and MetaComp collaborate to introduce #Bitcoin and #Ethereum spot #ETFs in Singapore.

Partnership aims to leverage strengths, expand offerings, and bridge traditional finance with #crypto #finance.
https://coinpedia.org/news/hong-kongs-bitcoin-and-ethereum-spot-etfs-coming-to-singapore/

#Harvest Global Investments plans spot #Bitcoin, #Ethereum #ETFs on Stock Connect for mainland Chinese investors.

Hong Kong's potential #crypto hub status amid Beijing's stance could foster regulated crypto investment acceptance.
https://coinpedia.org/news/harvest-global-eyes-china-market-with-spot-bitcoin-and-ethereum-etfs-on-stock-connect/

A Comprehensive Weekly Report on #Blockchain, #Bitcoin, #Altcoins, #ETFs & the Latest #Cryptomarket Developments

#CryptoNews #Cryptocurrency #DeFi #Web3
Must Read this Interesting Research Report 👇
https://coinpedia.org/research-report/crypto-weekly-report-analyzing-the-weeks-key-events-and-market-movements-in-blockchain/

Does the SEC's #ETF Decision Indicate #ETH and Other Tokens Aren't Securities?

Will #Ether #ETFs Spark a New Wave of #Cryptocurrency Adoption?

Click Below to Read This Interesting News 👇 #CryotoNE
https://coinpedian.substack.com/p/big-win-for-ethereum-as-the-sec-approved

👉 T-Rex introduces new leveraged spot #Bitcoin ETFs! Get ready for 2x (double) and -2x (inverse double) exposure to Bitcoin's price movements.

👉These new #ETFs are set to challenge big players like #ProShares & #VolShares, who already boast a combined $2 billion in assets under management with their leveraged #BitcoinETFs .