Joseph Rees

Bitcoin ETFs Draw $824M as Blackrock’s IBIT Dominates Weekly Crypto Fund Inflows

Key Takeaways: Bitcoin ETFs pulled $824 million for the week, led by Blackrock IBIT’s $732 million dominance. Ether ETFs added $155 million despite a mid-week break, with Blackrock ETHA/ETHB driving flows. XRP ($16 million) and solana ($9.4 million) also recorded…

Strategy Buys 3,273 Bitcoin for $255M, Total Holdings Hit 818,334 BTC

Key Takeaways: Strategy acquired 3,273 BTC for $255 million on April 27, pushing total holdings to 818,334 BTC. The firm’s BTC Yield climbed to 9.6% YTD 2026, with an average cost of $75,537 per coin. Michael Saylor hit 5 million…

Western Union CEO Says Solana-Based Stablecoin USDPT Is Weeks Away From Launch

Key Takeaways: Western Union CEO Devin McGranahan confirmed USDPT is in its “final stages” and set to launch next month on Solana. USDPT will be issued by Anchorage Digital and plug into Western Union’s network of 360,000 cash pickup locations…

Bitcoin Erases $30 Billion in Value After Early Monday Price Rejection

Key Takeaways: Bitcoin hit $79,490 on April 27 before a sharp retreat following news of a proposed U.S.-Iran ceasefire. Market volatility exceeding 2.63% saw Coinglass report $56.8 million in short liquidations in 12 hours. Michaël van de Poppe eyes a…

BTC Touches $79,000 on Day One of the Bitcoin 2026 Conference in Las Vegas

Key Takeaways: BTC touched $79,000 on April 27, coinciding with the opening day of the Bitcoin 2026 conference in Las Vegas. The rally builds on $824 million in spot bitcoin ETF net inflows for the week of April 20–24, the…

EU’s New Sanctions on Russia Mark ‘a New Era’ of Crypto Enforcement

Key Takeaways: The EU launched its 20th sanctions package, strictly targeting the entire Russian cryptocurrency industry. Chainalysis sees a new enforcement era, banning EU users from Russian crypto after A7A5 moved $93.3B. Global crypto compliance faces a shrinking environment as…

Coinbase Brings USDC Payouts to Nium’s Network Across 190+ Countries

Key Takeaways: Coinbase expands USDC payments through Nium’s network across 190+ countries. Nium clients can fund payouts in USDC and settle to local currencies. Coinbase provides stablecoin payments, liquidity infrastructure, wallet services, and custody. Nium Clients Gain USDC Payout Access…

DeFi United Secures $160M as Industry Moves to Cover Aave Bad Debt Crisis

Key Takeaways: Aave froze rsETH reserves within hours of the April 18 Kelp DAO exploit, which created up to $230.1 million in bad debt. DeFi United raised $160M by April 25, with Mantle and Aave DAO pledging 55,000 ETH combined….

Stablecoin Market Sheds $892M as KelpDAO Breach Triggers DeFi Unwind

Key Takeaways: KelpDAO breach triggered $892M outflows, pushing DeFi TVL down in April 2026. Tether USDT hit $189.78B and 59.19% share, consolidating dominance after exits. Ethena USDe fell -34.39% to $3.82B, signaling ongoing DeFi risk repricing. Stablecoin Market Holds Tight…

Polymarket Study Finds 3.14% Drive Accuracy – Bitcoin News

Key Takeaways: Researchers from London Business School and Yale found only 3.14% of Polymarket accounts qualify as skilled, yet generate most price discovery. Skilled Polymarket traders retained their classification 44% of the time out-of-sample, compared to just 10% for skilled…