Jack Dorsey's Block Discloses $2.2B Bitcoin Holdings in Q1 Proof-of-Reserves Report
The fintech company's third-party audited disclosure shows $1.5 billion in customer Bitcoin and $692 million in corporate treasury holdings....
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Bitcoin's Next Move Hinges on $82K CME Gap as Earnings, FOMC Loom
Bitcoin trades at $76,347, down 1.66%, as traders eye an $82,000 CME gap and anticipate major catalysts including earnings reports and FOMC decisions. The gap represents potential upside if bulls regain momentum. Market volatility hinges on macroeconomic data this week, with implications for Indian crypto investors monitoring BTC's role as portfolio hedge against rupee volatility.
Bitcoin ETFs snap nine-day inflow run as BTC slips below $77K
US spot Bitcoin ETFs recorded $263 million in net outflows Monday, ending a nine-day inflow streak as BTC slipped below $77,000. Fidelity's Bitcoin Fund led losses with $150 million outflows. The decline followed Bitcoin's failure to sustain gains above $80,000 despite institutional demand—MicroStrategy and global ETFs purchased 90,787 BTC in April versus only 11,829 mined, signaling a liquidity event rather than supply imbalance.
