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💰 DTCC rules out collateral for Bitcoin-linked ETFs The Depository Trust and Clearing Corporation (DTCC) — a financial services company that provides clearing and settlement services for the financial markets — stated that it will not allocate any collateral to exchange-traded funds (ETFs) with exposure to Bitcoin or cryptocurrencies and will not extend loans against them. Source 🔊 @Bitcoin_Action ⚡️

💰 Bitcoin halving was 'not priced in' despite recent correction, analyst says The bitcoin halving that occurred this past Saturday has not yet resulted in the expected price increase stemming from the subsequent supply crunch. Instead, the world's largest digital asset by market cap has fallen by over 7% in the past seven days, according to The Block's Price Page. The core U.S. Personal Consumption Expenditures (PCE) Price Index, which excludes volatile food and energy prices, held steady at 2.8% on an annual basis, surpassing analysts' estimate of also 2.6%. Source 🔊 @Bitcoin_Action ⚡️

💰 The buy Bitcoin sign shown behind Janet Yellen at a congressional testimony in 2017 sells for 16 $BTC (+$1 Million) at auction 🔊 @Bitcoin_Action ⚡️

💰 Morgan Stanley considers allowing brokers to recommend Bitcoin ETFs to clients Morgan Stanley could soon allow its 15,000 brokers to recommend Bitcoin (BTC) exchange-traded funds (ETF) to their clients, AdvisorHub reported on April 24. The financial behemoth had initially greenlit BTC ETF purchases following approval earlier this year. However, these transactions were strictly initiated by customers, necessitating them to proactively engage with their advisors to delve into this asset class. Source 🔊 @Bitcoin_Action ⚡️

🇺🇸 US Authorities Charge Founders of 💰 Bitcoin Mixer Samourai Wallet for Laundering Over $100 Million According to the indictment unsealed by the Southern District of New York, Rodriguez and Hill developed and marketed Samourai Wallet as a cryptocurrency mixer, processing over $2 billion in transactions without regulatory oversight. This service allegedly enabled large-scale money laundering involving proceeds from dark web markets and various cybercrimes. U.S. Attorney Damian Williams emphasized the commitment of law enforcement to pursue and dismantle networks that exploit cryptocurrencies for illegal activities. Source 🔊 @Bitcoin_Action ⚡️

💰 BlackRock 'gaga' over spot bitcoin fund that accounts for 24% of firm's total ETF flows: analyst Bloomberg Senior ETF Analyst Eric Balchunas is convinced BlackRock is thrilled with the success of its spot bitcoin ETF, ticker IBIT, and backed up his assertion with some compelling data. "I know they're gaga over this IBIT, I mean this ETF IBIT is 24% of all of their flows out of 1,000 ETFs globally," Balchunas said Wednesday during a online panel discussion about Hong Kong's recently approved spot crypto ETFs. "You know that's getting the attention of even Larry Fink." Source 🔊 @Bitcoin_Action ⚡️

💰 JPMorgan CEO Jamie Dimon still says Bitcoin is a fraud and a ponzi scheme 🔊 @Bitcoin_Action ⚡️

💰 BlackRock Bitcoin ETF enters elite top 10 continuing a 70-day positive run of inflows According to Farside data, Bitcoin (BTC) exchange-traded funds (ETFs) saw a net inflow of $62.2 million on April 22. This marks back-to-back net inflows for the first time since April 11. Grayscale GBTC recorded a $35 million outflow, its smallest outflow since April 10. This could be influenced by their plans to create a mini-trust ETF with competitive fees of 0.15%. This development could be a contributing factor to the reduced outflow. Source 🔊 @Bitcoin_Action ⚡️

💰 Pro-Bitcoin presidential candidate RFK Jr. says he will "put the entire US budget on blockchain" if elected in 2024. 🔊 @Bitcoin_Action ⚡️