Day: April 11, 2025

BlackRock draws $3 billion in digital asset inflows in Q1, AUM reaches $11.6 trillion

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Key Takeaways BlackRock attracted $3 billion in digital asset product inflows in the first quarter of 2025. Digital assets represent a small portion of BlackRock’s business, accounting for 0.5% of total assets under management. Share this article Investors poured around $3 billion into BlackRock’s digital asset products in Q1 2025, contributing to $84 billion in total net inflows for the quarter, according to the firm’s first-quarter earnings release on April 11. BlackRock’s iShares ETF platform brought in a strong $107 billion in net inflows during Q1 2025. However, the firm’s…

Y Combinator Backed Theya Announces Bitcoin Solutions For Businesses

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Theya, a Bitcoin self-custody platform backed by Y Combinator, has launched Theya for Business, a new solution designed to help companies securely hold, manage, and operate on Bitcoin. The platform is targeted at a broad range of organizations, including startups, mining firms, corporations, investment funds, and service providers. Theya for Business aims to simplify treasury operations by eliminating reliance on custodians and reducing the complexity of traditional multi-signature (multisig) wallet setups. “With Theya for Business, we’ve built more than a vault—it’s your company’s Bitcoin operating system,” said Joe Consorti, Head…

Cointelegraph’s Q1 crypto editorial roundtable

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The year 2025 kicked off with a bang and a meme. Just weeks into the New Year, a frenzy of politically fueled memecoins sent Crypto Twitter into overdrive, while lawmakers on both sides of the Atlantic turned up the heat on stablecoins, securities laws and tokenized assets, usually with different approaches. It was a whirlwind first quarter, shaped by Bitcoin’s dominance in the crypto market and a US political climate that put digital assets back in the spotlight. Q1 delivered no shortage of storylines. Who better to break it all…

Trump memecoins worth $321M to hit the market next week

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United States President Donald Trump’s official memecoin is set to unlock $321 million worth of vested tokens on April 18. Token vesting tracker Tokenomist data shows that 40 million Trump tokens will be released in a cliff unlock, meaning the tokens will be available all at once. With the tokens currently trading at about $8, the unlock represents about $321 million in supply entering the market at once. Token vesting is a common practice in the crypto space to incentivize long-term holding and prevent early investors or team members from…

StarkWare researchers propose smart contracts for Bitcoin with ColliderVM

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Sidechain developer StarkWare and Weizmann Institute of Science researchers claim to have created a workaround for multiple Bitcoin script limitations. According to a recent research paper, the new design claims to allow the deployment of complex smart contracts on Bitcoin in a more capital-efficient manner. The new system may also be vastly more efficient from a computing standpoint. ColliderVM is a protocol designed to enable stateful computation on Bitcoin, allowing multi-step processes to be securely executed over multiple transactions. Traditionally, Bitcoin script output is not accessible to other scripts, making…

New York bill proposes legalizing Bitcoin, crypto for state payments

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A New York lawmaker has introduced legislation that would allow state agencies to accept cryptocurrency payments, signaling growing political momentum for digital asset integration in public services. Assembly Bill A7788, introduced by Assemblyman Clyde Vanel, seeks to amend state financial law to allow New York state agencies to accept cryptocurrencies as a form of payment. It would permit state agencies to accept payments in Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH), according to the bill’s text. Source: Nysenate.gov According to the bill, state offices could authorize crypto…

BlackRock reports $3B in digital asset inflows during Q1

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BlackRock, the world’s largest asset manager with $11.6 trillion in assets under management, reported $84 billion in total net inflows in the first quarter of 2025, marking a 3% annualized growth in assets under management. The firm’s strong performance was led by a record first quarter for iShares exchange-traded funds (ETFs) alongside continued strength in private markets and net inflows, according to BlackRock’s Q1 earnings released on April 11. Of the $107 billion in net inflows to iShares ETFs, $3 billion, or 2.8% of the total ETF inflows, was directed…

The whale, the hack and the psychological earthquake that hit HEX

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An elderly crypto whale known as “HEX 19” lost nearly $4.5 million in a slow-moving hack that drained his staked HEX (HEX) over multiple years.  At first, it looked like a HEX whale was cashing out. But it wasn’t long before the community realized he didn’t voluntarily unstake his tokens — he had become a victim of a major exploit. The cyberattack started in November 2021, touched multiple phishing wallets, and was traced back to an online entity known as “Konpyl,” a threat actor familiar to crypto investigators. The breach…

Swedish MP proposes Bitcoin reserve to finance minister

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A member of Sweden’s parliament proposed adding Bitcoin to the country’s foreign exchange reserves, suggesting increased openness to cryptocurrency adoption in Europe following recent moves by the United States. Swedish MP Rickard Nordin issued an open letter urging Finance Minister Elisabeth Svantesson to consider adopting Bitcoin (BTC) as a national reserve asset. “Sweden has a tradition of a conservative and carefully managed foreign exchange reserve, mainly consisting of foreign currencies and gold,” Nordin wrote in a letter registered on April 8, adding: “At the same time, there is a rapid…

What is a bear raid, and how do whales use them in crypto trading?

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Key takeaways Bear raids involve deliberate efforts by whales to drive down crypto prices using short-selling, FUD and large-scale sell-offs to trigger panic and profit from the dip. These raids create volatility, trigger liquidations and damage retail confidence. However, they can also expose weak or fraudulent projects. Signs include sudden price drops, high trading volume, absence of news and quick recoveries, indicating price manipulation rather than natural market trends. Traders can guard against bear raids by using stop-loss orders, diversifying portfolios, monitoring whale activity and trading on reputable, regulated platforms.…