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As the cryptocurrency market came under heavy selling pressure, with Bitcoin (BTC) at risk of losing the $110,000 support level, BlackRock, the world’s largest asset manager, took a cautious step. Data shows that the company recorded no transactions for its Bitcoin exchange-traded fund (ETF).  Specifically, on September 22, BlackRock’s iShares Bitcoin Trust (IBIT) reported zero net inflows or outflows. On a day when most issuers faced significant redemptions, the absence of activity from such a major player stood out. Total Bitcoin spot ETF net inflow. Source: Coinglass While BlackRock stayed on the sidelines, the broader Bitcoin ETF market saw a wave of withdrawals. For instance, Fidelity’s FBTC led with $276.70 million in outflows, followed by ARK Invest’s ARKB at $52.30 million, Grayscale’s GBTC with $24.60 million, and VanEck’s HODL ETF with $9.50 million.  Other issuers, including Bitwise, Invesco, Franklin Templeton, and WisdomTree, reported no net mo...

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Earlier this week, blockchain analytics firm Bubblemaps linked a cluster of addresses that, between them, claimed $170 million of MYX tokens during Myx Finance’s airdrop. In Bubblemaps’ follow-up investigation, it claims to have linked Myx team wallets to the “sybil” cluster. The connection comes via a shared exchange deposit address it alleges funded the MYX token launch on BNB Chain.  In the original investigation, which came on the back of a monster MYX price pump, Bubblemaps said it “traced 100 freshly funded addresses with the exact same on-chain activity.” All the addresses were “freshly funded via OKX,” at approximately the same time, one month in advance of the airdrop. They received similar amounts of funds and most “ initiated their claim at the same time .” BREAKING: The $MYX team is directly tied to wallets that claimed $170M from their airdrop Inside job? Here's what we know pic.twitter.com/Kq1ubEgUBU — Bubblemaps (@bubblemaps) September 11,...

Thailand’s Cabinet has endorsed a five-year waiver on capital gains tax for profits earned from cryptocurrency trades conducted through locally licensed digital-asset platforms. The exemption will run from 1st of January 2025 to 31st of December 2029 and is part of a broader strategy to position the kingdom as a regional hub for digital finance. Deputy Finance Minister Julapun Amornvivat said the measure aims to “invigorate the cryptocurrency market, attract foreign investment and stimulate domestic consumption” while still keeping transactions under Securities and Exchange Commission (SEC) oversight. [ เดินหน้าเต็มสูบ! รัฐบาลเร่งส่งเสริมไทยเป็นศูนย์กลางสินทรัพย์ดิจิทัลของโลก ] ผมมีข่าวดีมาบอกครับ! วันนี้คณะรัฐมนตรี (ครม.) ได้อนุมัติมาตรการภาษีเพื่อส่งเสริมการเป็น Digital Asset Hub ตามที่กระทรวงการคลังเสนอ… — จุลพันธ์ อมรวิวัฒน์ (@jamornvivat) June 17, 2025 Cabinet greenlights sweeping incentive Under the new rule, Thai residents who realise gains on Bit...

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...