A top strategist signals a paradigm shift as bitcoin rockets past $94K, fueled by institutional flows and macro tailwinds, with $200K now a credible near- term target. Strategist Dissects What’s Behind Bitcoin’s Rally—Calls $200K BTC a Real Target in New Regime Matt Mena, crypto research strategist at 21Shares, broke down the forces behind bitcoin’s recent breakout […]

What’s Behind Bitcoin’s Breakout: Strategist Sees $200K BTC as Realistic

Japanese investment firm Metaplanet boosted its Bitcoin holdings to 5,000 BTC 
with a new 1.9 billion yen purchase. Tokyo-based Metaplanet Inc. has acquired 
an additional 145 Bitcoin (BTC), bringing its total holdings to 5,000 BTC as 
part of the firm&#8217;s…

Metaplanet completes 50% of planned Bitcoin buys for 2025

Crypto exchange KuCoin has announced the official launch of its fully licensed 
Thailand platform as a part of its global expansion. According to an April 23 
announcement, the new platform will operate under ERX Company Limited, which 
recently received a…

KuCoin debuts in Thailand with full regulatory approval

Kuwait’s Ministry of Interior has declared cryptocurrency mining illegal, 
citing violations of multiple laws and its strain on the country’s electrical 
infrastructure. Crypto Mining Kuwait&#8217;s Electricity Infrastructure The Ministry 
of Interior in Kuwait has issued a warning against the practice of 
cryptocurrency mining, declaring it an unlicensed and illegal activity that 
violates several existing laws. […]

Kuwait Warns Against Illegal Cryptocurrency Mining

BlackRock&#8217;s spot Bitcoin exchange-traded fund has been named the best new ETF 
product by etf.com, as it recorded its highest inflows since Jan. 21.
On April 23, BlackRock&#8217;s iShare Bitcoin ETF (IBIT) was awarded the &#8220;Best New 
ETF&#8221; at the annual etf.com ETF awards. In an X post shortly after, Bloomberg 
ETF analyst Eric Balchunas said it &#8220;feels right to me.&#8221;
## IBIT clocks highest inflows in three months
&#8220;I&#8217;m pretty sure this is how I voted. Both of them did things no one has seen 
[before],&#8221; Balchunas said, also referencing the Vanguard S&amp;P 500 ETF (VOO) 
winning the &#8220;ETF of the Year&#8221; award. Over the past 5 years, VOO is up 89%, 
according to Google Finance data.
IBIT was also the recipient of the Crypto ETP of the year.
IBIT&#8217;s two awards came on the same day IBIT recorded $643.2 million in 
inflows, according to Farside data. It was the highest inflow day since Jan. 
21, when it saw $661.9 million, just a day after US President Donald Trump&#8217;s 
inauguration, when Bitcoin&#8217;s spot price hit an all-time high of $109,000.
_Bitcoin is trading at $93,290 at the time of publication. 
Source:__CoinMarketCap_
Bitcoin commentator Vivek said this &#8220;is massive,&#8221; while Apollo Sats co-founder 
Thomas Fahrer said, &#8220;Huge inflow.&#8221;
The IBIT fund, which launched in January 2024 alongside 10 other US-based spot 
Bitcoin ETFs, has net assets of approximately $53.77 billion, according to 
BlackRock data. Over the past 30 days, it has traded, on average, 45.02 
million shares per day.
At the time of publication, a single IBIT share is trading at $53.20, as per 
Google Finance data.
_The iShares Bitcoin Trust ETF is up 6.02% over the past month. 
Source:__Google Finance_
Meanwhile, VanEck Bitcoin ETF (HODL) received the award for &#8220;Best new ETF 
ticker.&#8221;
_**Related:**__**Bitcoiners should be cautious over rally as stablecoin 
indicator lags: Analyst**_
IBIT&#8217;s large inflow on April 23 made up most of the $917 million seen across 
all 11 spot Bitcoin ETFs that day. It was the second day in a row with over 
$900 million in inflows amid most of the month posting outflow days due to 
macro uncertainty.
On April 23, Glassnode pointed out that the $912 million ETF inflows the day 
prior equaled more than 500 times the 2025 daily average.
_**Magazine:**__**Former Love Island star &#8216;s tips on how to go viral in 
crypto: Van00sa, X Hall of Flame**_
This article does not contain investment advice or recommendations. Every 
investment and trading move involves risk, and readers should conduct their 
own research when making a decision.

BlackRock Bitcoin fund wins best new ETF on $643M inflow day

Russia is preparing to launch a new cryptocurrency exchange designed 
specifically for highly qualified investors. Russia&#8217;s Ministry of Finance and 
the Central Bank are preparing to launch a cryptocurrency exchange targeting 
“super-qualified investors,” according to Finance Minister Anton Siluanov. 
The…