Analysis Archive – Page 67

BlackRock's $60B Crypto ETFs Made Just $42M in Q1 Fees
BlackRock's IBIT and ETHA crossed $60B in combined AUM but generated only $42M of Q1 fees, a rounding error against the firm's $7T franchise.

Coinbase Launches CUSHY Credit Fund as Banks Fight Stablecoin Yield
Coinbase rolled out CUSHY, a tokenized stablecoin credit fund built with Superstate and Northern Trust, just as banks press Congress to strip yield from CLARITY.

Hegseth Tells Congress Pentagon Runs Classified Crypto Operations
Secretary of War Pete Hegseth told Congress he is a Bitcoin enthusiast and confirmed the Pentagon has ongoing classified crypto operations.
Bithumb Wins Court Reprieve as Korean Judge Lifts Six-Month Suspension
A South Korean court has suspended a six-month sanction against Bithumb, letting the exchange keep onboarding new users while it fights the regulator.

Labor Department Drafts Rule to Open 401(k)s to Alternative Investments
The US Department of Labor is proposing regulations that could let 401(k) plans hold more alternative assets, a category that has long included crypto debates.

Bitmine Stakes Another 162,088 ETH Worth $366M in Validator Push
Tom Lee's Bitmine added 162,088 ETH to its validator stack, lifting total staked ether to a fresh high as the company keeps pulling supply off exchanges.

SBI Holdings Opens Talks to Acquire Bitbank in Japan Exchange Push
SBI Holdings says it has entered formal discussions to make Bitbank a subsidiary, a deal that would consolidate two of Japan's largest crypto exchanges.

Bitcoin Pushes Through $77K but Weak Spot and Low Leverage Cap the Rally
BTC squeezed shorts above $77K but absent spot demand and low long leverage are capping the move. Why this rally lacks the fuel for a sustained breakout.

Bhutan Government Moves $287M of Bitcoin in Latest Sovereign Sale
Bhutan's state mining program shifted roughly $287M of BTC as Bitcoin reclaimed $77,000, extending a quiet but persistent sovereign sell pattern.

Tether Proposes Twenty One Capital, Strike, Elektron Three-Way Merger
Tether Investments has pitched a three-way merger of Twenty One Capital, Bitcoin payments firm Strike, and miner Elektron Energy, consolidating its BTC empire.
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