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South Korea Presidential Front-Runner Pledges Spot Bitcoin ETF Approval South Korea's leading presidential candidate, Lee Jae-myung of the Democratic Party, has pledged to legalize spot Bitcoin exchange-traded funds (ETFs) and introduce a range of pro-crypto policies if elected in the upcoming June 3 election. Lee presented his digital asset strategy on May 6 and positioned it as a component of a larger campaign to give South Korean youngsters more investing opportunities. His plan calls for stronger consume... Coinatory

Arizona Governor Vetoes Bitcoin Reserve Bill A gubernatorial veto has put a stop to Arizona's plan to include Bitcoin in its official reserves. Citing the dangers of investing public monies in erratic and "untested" digital assets, Governor Katie Hobbs vetoed Senate Bill 1025. The Digital Assets Strategic Reserve Act was a proposed law that would enable Arizona to create a state-managed cryptocurrency reserve and invest confiscated cash in Bitcoin. The law was officially vetoed on Frida... Coinatory crypto news

Metaplanet Launches U.S. Subsidiary with $250M for Bitcoin Expansion Japanese investment firm Metaplanet Inc. has announced the creation of a wholly owned U.S. subsidiary, Metaplanet Treasury Corp., headquartered in Miami, Florida. This strategic move aims to raise up to $250 million to support its expanding Bitcoin accumulation strategy and engage U.S. institutional investors. The decision to establish operations in Florida underscores the state's rising prominence as a hub for digital assets and financial in... cryptocurrency news today

BlackRock's IBIT ETF Sees $970M Inflow Amid Bitcoin Surge BlackRock’s iShares Bitcoin Trust (IBIT) recorded a substantial $970 million in inflows on April 28, marking the second-largest single-day capital injection since its inception. This inflow underscores the accelerating institutional interest in Bitcoin exposure via regulated exchange-traded products. The IBIT ETF’s purchase contributed significantly to the $591 million in net inflows across all U.S. spot Bitcoin ETFs on the same day. Notably,... Coinatory

Bitcoin Poised to Surpass Gold, Says Anthony Pompliano Bitcoin Could Outpace Gold, Says Pompliano Amid Growing Institutional Interest Bitcoin continues to command attention in global markets as Anthony Pompliano, founder and CEO of Professional Capital Management, outlined an optimistic long-term outlook for the cryptocurrency. In a recent interview, Pompliano argued that Bitcoin (BTC) is well-positioned to outperform gold, citing a convergence of institutional investment trends and potential gov... Coinatory cryptocurrencies news

Michael Saylor’s Strategy Buys $285M in Bitcoin Amid Turmoil Michael Saylor’s digital asset firm, Strategy, has reinforced its bullish stance on Bitcoin with a $285.5 million acquisition, despite mounting geopolitical and macroeconomic uncertainty. The company purchased 3,459 BTC at an average price of $82,618 per coin, increasing its total holdings to 531,644 BTC—valued at approximately $44.9 billion based on recent prices. This latest investment raises Strategy’s cumulative Bitcoin acquisitions to $3... Michael Saylor’s Strategy Buys $285M in Bitcoin Amid Turmoil Coinatory

Bitcoin Advocates Were First to Challenge U.S. Economic Data Anthony Pompliano, a prominent cryptocurrency investor and co-founder of Morgan Creek Digital, stated that Bitcoin holders were the first significant group to question the reliability of United States economic data—and they positioned themselves to benefit financially from that insight. “Bitcoiners were the first large-scale group to recognize the economic data was wrong, and they figured out a way to financially capture upside if they were r... Coinatory news

Florida Moves Closer to Bitcoin Reserves with Key Legislative Approval Florida has advanced House Bill 487 (HB 487), signaling its intent to position Bitcoin as a strategic component of state-held assets. With unanimous approval from the House Insurance and Banking Subcommittee on April 10, Florida becomes the latest state to enter the competitive legislative arena aimed at integrating Bitcoin into sovereign financial frameworks. The bill, formally titled “Investments of Public Funds in Bitcoin,” proposes author... Coinatory news

Bitcoin to Soar as Trade Wars Fuel Currency Instability Analysts caution that growing trade disputes might undermine the current financial system's underpinnings as inflationary pressures increase and geopolitical tensions rise. Protectionist policies and a return to tariffs would cause macroeconomic volatility, which might ultimately hasten the acceptance of Bitcoin (BTC) as a store of value, according to Jeff Park, Head of Alpha Strategies at Bitwise Asset Management. According to Park, trade wa... Coinatory cryptocurrencies news

Senator Tuberville Reintroduces Crypto Retirement Bill with Trump's Support In a recent interview with Fox Business's Larry Kudlow, Senator Tommy Tuberville (R-Ala.) expressed robust support for President Donald Trump's economic initiatives, particularly those promoting deregulation and expanded access to cryptocurrencies. Senator Tuberville highlighted his intention to reintroduce the Financial Freedom Act, legislation aimed at permitting Americans to allocate retirement funds into Bitcoin and other cryptocurrencies... Senator Tuberville Reintroduces Crypto Retirement Bill with Trump's Support

Bitcoin Dominance Hits 61% as Altcoin Rally Fades Post-Election Despite a notable drop in liquidity in the larger cryptocurrency market, Bitcoin's dominance has risen to a new cycle high, reaching 61%. Matrixport claims that the Federal Reserve's increased hawkish approach and better-than-expected U.S. job growth are the main causes of this change. Strong labor markets frequently indicate a strong economy, which increases the possibility of higher interest rates or a postponement of anticipated rate reduc... Coinatory cryptonews

El Salvador Increases Bitcoin Holdings by 13 BTC Amid IMF Pressure Despite constant pressure from the International Monetary Fund (IMF) to stop public sector investments in Bitcoin, El Salvador has continued to increase its holdings, amassing 13 BTC since March 1. The country's Bitcoin treasury currently has about 6,105 BTC, which is worth over $527 million at current market values, according to the El Salvador Bitcoin Office. The nation usually buys one Bitcoin per day at a constant pace. El Salvador, howev... Coinatory

Saylor Predicts Bitcoin to Hit $200T Market Cap, Growing 20% Annually According to MicroStrategy Executive Chairman Michael Saylor, the market valuation of Bitcoin is expected to reach $20 trillion and then approach $200 trillion. Saylor referred to Bitcoin as the “greatest economic program of the 21st century” in an interview with CNBC, and he recommended that the United States include it in its strategic reserve. Saylor has been a longtime supporter of the cryptocurrency and has interacted with politicians fr... Coinatory cryptocurrencies news

BlackRock to Allocate Up to 2% of Model Portfolio to Bitcoin ETF IBIT Bitcoin is being included into the model investment portfolios of BlackRock, the largest asset manager in the world with over $10 trillion in assets under management (AUM). BlackRock will contribute 1% to 2% of its iShares Bitcoin Trust ETF (IBIT) to its model portfolios that incorporate alternative assets, per a February 28 Bloomberg story. Financial advisors are the target market for these portfolios, which provide pre-structured investment... crypto news today

Bitcoin’s Price Correction May Extend Until April—Here’s Why A recent research by Matrixport predicts that the price of bitcoin will continue to be under pressure until at least April. The research attributes the current fall to macroeconomic issues and changes in global liquidity, specifically the stronger U.S. dollar, which is pushing the cryptocurrency lower. Bitcoin Faces Significant Obstacles Bitcoin has grown more intertwined with conventional financial markets, even while spot Bitcoin exchange-t... Coinatory news

Texas Senate Weighs Bitcoin Reserve Law Amid Growing State-Level Crypto Adoption In a major step toward the state-level adoption of cryptocurrencies, the Texas Senate is scheduled to consider a proposed law that would allot a portion of the state's $24 billion sovereign wealth fund to Bitcoin. The Texas Strategic Bitcoin Reserve and Investment Act was adopted by the Texas Senate Committee on Business and Commerce with a resounding 10-0 vote. The initiative, led by Republican Senator Charles Schwertner, intends to establis... crypto news

Brazilian National Faces 20-Year Sentence for $290M Bitcoin Ponzi Scheme After being extradited from Switzerland, a Brazilian national has shown up in U.S. District Court in Seattle to face charges in connection with a $290 million Bitcoin investment scam. The U.S. Department of Justice said in a press statement that Douver T. Braga entered a not guilty plea to a 13-count indictment that includes conspiracy and wire fraud charges related to the Trade Coin Club (TCC) scam. An International Crypto Ponzi Scheme The 4... Coinatory cryptocurrency news

Altvest Capital Seeks $10M to Adopt Bitcoin as Treasury Asset In an attempt to become the first publicly traded African company to do so, Johannesburg-based Altvest Capital is seeking regulatory approval to fund $10 million in order to make Bitcoin (BTC) its main treasury reserve asset. Warren Wheatley, the CEO of Altvest Capital, stated in a Feb. 21 interview with Bloomberg that the company has already purchased one Bitcoin and is currently requesting permission to raise more money through a share... Coinatory

Wisconsin, Abu Dhabi Reveal Major Bitcoin ETF Investments The State of Wisconsin Investment Board has more than doubled its Bitcoin ETF holdings in just three months, while Abu Dhabi’s sovereign wealth fund has made its first public disclosure of Bitcoin investments. Wisconsin Expands Bitcoin ETF Holdings According to a 13F filing with the U.S. Securities and Exchange Commission (SEC), Wisconsin’s state investment board acquired an additional 3.1 million shares of BlackRock’s iShares Bitcoin Trus... Coinatory

Strategy Resumes Bitcoin Acquisition with $742 Million Purchase Since rebranding, business analytics firm Strategy has made its first Bitcoin acquisition, paying $742.4 million for 7,633 BTC. The business acquired the Bitcoin at an average price of $97,255 per token, per a filing with the U.S. Securities and Exchange Commission (SEC). With this most recent investment, Strategy currently has 478,740 BTC in total, which is worth more over $46 billion. About $31.1 billion has been spent by Strategy to acq... Coinatory crypto news