JUST IN: Vanguard appoints Salim Ramji as a new CEO, a former Blackrock’s Bitcoin ETF lead. Earlier, Vanguard refused to offer BTC ETF 👀
Trump now holds a 6.3 point lead on Biden and Republicans are now on top in the generic head to head. From @maximlott at https://lnkd.in/dT6EHQvp thru bespoke
MicroStrategy now owns more Bitcoin than any country in the world.
Source: Bitcoin Magazine
JUST IN: Bitcoin has officially processed over 1 billion transactions.
In a fully decentralized way and without a single glitch... Source: Bitcoin Magazine
Satoshi Nakamoto explaining why Bitcoin is a breakthrough in monetary history, exactly 15 years ago.
Source: Rizzo on X
Bitcoin $BTC ETFs saw a net outflow of $558 million on Wednesday, the largest outflow since inception
Source: JP Morgan, Bloomberg
BREAKING: Binance ex-CEO CZ Zhao sentenced to FOUR months in prison.
Former Binance CEO Changpeng "CZ" Zhao was sentenced to four months in prison Tuesday, punished after pleading guilty to money laundering violations last year. Zhao founded Binance in 2017, and under his leadership, the company grew into crypto’s largest exchange by trading volume—cementing Zhao’s presence as a key business figure in the nascent crypto industry. But the former CEO was forced to step down from Binance last November as part of a $4.3 billion settlement between him, the exchange, and U.S. law officials. U.S. Justice Department officials said that Zhao created a company culture in which Binance’s growth was prioritized over compliance with U.S. financial rules. By serving American customers without the proper controls in place, funds linked to virtual theft and terrorism were able to flow through Binance undetected, officials said. Source: Decrypt
Global crypto funds just recorded 3 consecutive weeks of outflows for the first time ever.
Over the last 3weeks, total crypto fund outflows were $767 million. Last week alone, ~$435 million of crypto assets were removed from these funds, the most since late March. The majority of the outflows were recorded in Bitcoin which saw $423 million of fund withdrawals. Meanwhile, Bitcoin is down 12% in April but is still up 48% year to date. Crypto is taking a breather. Source: The Kobeissi Letter, CoinShares
This is how store of values perform against a collapsing fiat currency...
Source: Trading view
