Crypto Holder News | Bitcoin World

💰 Bitcoin Hovers Near One-Month High on ETF Inflows, Looming Halving The largest digital asset rose about 5.6% at 1:44 p.m. in New York on Friday after climbing as high as $48,187. Smaller tokens such as Ether, Solana and Cardano also pushed upward. Bitcoin is now up 12% so far this year, beating even the so-called Magnificent Seven mega-cap tech stocks. Traders also pointed to the Lunar Chinese New Year as another factor in the price gains, with market participants in the Asia Pacific region focusing on family gatherings and celebrations.

💰 Bitcoin ETFs Outperform Three Decades of U.S. Launches Bitcoin Spot Exchange-Traded Funds (ETFs) achieved a historic milestone by accumulating over $6 billion in assets within their first month of trading, surpassing any ETF launched in the United States in the past three decades. This accomplishment occurred as Bitcoin rose above $47,000, making Bitcoin Spot ETFs the only ones among over 5,500 ETFs to reach such a significant milestone within the initial 17 trading days.

🇺🇸 SEC Delays Decision on Invesco-Galaxy Spot Ethereum ETF Proposal May 23 continues to be a significant date for the approval of spot Ethereum ETFs, representing VanEck’s final deadline for approval. The United States Securities and Exchange Commission (SEC) has again delayed its decision on whether to approve or not a joint spot Ethereum exchange-traded fund (ETF) proposed by Invesco and Galaxy Digital. This marks the second postponement after a similar delay in December and aligns with the SEC’s recent trend of pushing back deadlines for Ethereum ETF proposals.

🟠 Binance retakes leads over CME as top Bitcoin futures market Binance has overtaken CME as the leading exchange in terms of Bitcoin futures open interest once again. This change in ranking represents the total amount of funds allocated in open futures contracts, which now stands at approximately 105,000 BTC on Binance and roughly 101,000 BTC on CME. The data reveals a key trend: the rotation from futures such as BITO into cheaper spot Bitcoin ETF products, triggered by the approval of the ETF.

🇺🇸 SEC adopts rule to have stricter oversight over dealers, looping in crypto and DeFi The Securities and Exchange Commission voted to adopt rules that require market participants who have significant liquidity-providing roles to comply with federal securities laws, looping in cryptocurrency to the mix. The SEC voted 3-2 to adopt that rulemaking in a meeting on Tuesday, which in its proposed 194-page form included one mention of crypto in a footnote.

💰 Brazilian Tax Authority Reports Bitcoin Irregularities in Over 25,000 Statements The Brazilian tax authority has reported identifying cryptocurrency irregularities in more than 25,000 tax statements. After a country-wide investigation, the institution detected that 25,126 individuals who possessed at least 0.05 BTC failed to include these holdings in its income tax statements, opening the doors for receiving fines or being charged for crimes against the tax system.

🇪🇸 Spanish Treasury to seize crypto to pay tax debts The Spanish Ministry of Finance is looking to expand its control over the monitoring of cryptocurrencies in the country to allow it to seize digital assets to settle tax debts. The ministry, led by María Jesús Montero, is developing legislative reforms to the General Tax Law, specifically Article 162, to allow the Spanish Tax Agency to identify and seize crypto assets owned by taxpayers who have overdue debts, according to reports.

💰 Facebook, Instagram Will Join Google Enabling Bitcoin ETF Ads Two of the world’s largest social media platforms will allow companies to advertise spot Bitcoin ETFs (exchange-traded funds). This represents a significant stride toward the increasing mainstream acceptance of cryptocurrencies. The new policies could pave the way for Bitcoin ETF ads to be featured on Facebook and Instagram. These companies have a colossal user base of over 2 billion monthly active users each,

💰 Solana registers all-time high in monthly new addresses for January There was significant increase in the number of new addresses on the Solana blockchain during the month of January, according to The Block’s data dashboard. The monthly count of new addresses on Solana increased to 11.81 million for January. This gain represents an 18% rise in new addresses on the network from December’s count of about 10 million — which was a multi-month high at the time.

🟠 Hamas victims file class action against Binance over allegedly facilitating terrorism financing Families of Hamas victims have filed a lawsuit against the cryptocurrency exchange Binance in a federal court in Manhattan, alleging that the platform indirectly facilitated financial transactions for Hamas, Bloomberg News reported Feb. 1. The plaintiffs are seeking compensatory and punitive damages in an effort to hold the exchange accountable.