Justin Sun has accused President Trump of threatening to burn his WLFI tokens, according to a lawsuit. The dispute reportedly arose after an investment in Trump's meme coin upset members of World Liberty Financial’s team. The incident highlights ongoing tensions in the crypto space involving high-profile figures and their tokens, with no further details on the legal proceedings provided.
BlackRock's iShares Bitcoin Trust (IBIT) hit a record 806,700 BTC, valued at $63.7 billion, marking the largest spot Bitcoin ETF globally. The fund added 21,500 BTC over nine days amid rising institutional demand as BTC trades near $78,000. This growth reflects increasing confidence among institutional investors seeking regulated Bitcoin exposure.
Regulatory scrutiny is delaying SpaceX's planned IPO, which was initially expected in 2026, following its acquisition of Cursor. The investigation is impacting investor confidence and market expectations, though optimism remains for a future listing. The delay highlights ongoing regulatory challenges facing major tech and space companies in the crypto and Web3 sectors.
Kalshi, a CFTC-regulated prediction market platform, has taken disciplinary actions against users involved in insider trading related to political campaigns. The platform emphasized that even small trades by candidates in their own races violate fair trading rules, reinforcing its commitment to market integrity. The move follows recent cases involving political candidates placing trades on their own races, highlighting efforts to prevent market manipulation.
At the LONGITUDE event in Paris, Adam Back of Blockstream discussed Satoshi Nakamoto theories, while OKX Europe’s CEO praised MiCA regulation for crypto industry growth. The event highlighted ongoing debates about crypto regulation and industry development, with Back emphasizing the importance of clear rules and industry leaders advocating for supportive policies.
Bitcoin and Ether surged today, driven by US liquidity measures and record inflows into spot ETFs, which offset investor concerns over recession risks and the Iran conflict. The rally reflects positive market sentiment, but it remains uncertain whether bulls can sustain control amid ongoing geopolitical and economic uncertainties. The crypto market's momentum continues to be influenced by macroeconomic factors.
Institutional Bitcoin ETF inflows reached five consecutive days, adding $238 million on April 21, helping Bitcoin surpass $78,000 for the first time since February. This momentum has fueled a bullish prediction for Pepeto, suggesting its price could rise from $4,000 to $600,000 as market confidence grows. The trend highlights increasing institutional interest in crypto assets.
