CryptoMinute ⏳

Goldman Sachs filed for a Bitcoin Premium Income ETF, which will offer exposure to other Bitcoin exchange-traded products. The fund won't hold BTC directly.

Tether launched tether.wallet, a self-custodial app supporting USDT, XAUT, and Bitcoin. The wallet offers cloud-based key backup features and aims to provide users direct access to their assets.

Bitcoin's price surged, briefly hitting $76,000, driven by short liquidations, institutional buying, and easing geopolitical tensions. The rally saw a significant short squeeze.

Deutsche Börse, the Frankfurt exchange operator, invested $200 million in Kraken, valuing the crypto exchange at $13.3 billion. This partnership aims to expand institutional access to digital assets.

Apr 14 Recap - Kraken Exchange Faces Extortion Attempt Over Client Data - SEC Issues Guidance on Crypto Trading Interfaces and Broker-Dealer Rules - Bitmine's Ethereum Holdings Reach 4% of Total Supply - Bank of Korea Calls for Crypto Circuit Breakers

Cryptocurrency exchange Kraken is facing an extortion attempt. A criminal group is threatening to release internal support videos unless the company pays a ransom. Kraken has stated it will not pay.

Bitmine Immersion Technologies acquired $157 million of ETH, marking their largest acquisition since December. The company now holds over 4% of all Ethereum.

Iran is reportedly demanding oil tankers pay a $1-per-barrel toll in Bitcoin for safe passage through the Strait of Hormuz during a ceasefire.

Apr 13 Recap - Polkadot Hyperbridge Exploit Results in 1 Billion DOT Minting - Aave DAO Approves $25 Million Funding for Aave Labs - Strategy Buys 13,927 Bitcoin for $1 Billion, Increasing Holdings - Coinbase CEO Supports CLARITY Act for Crypto Regulation

Attackers exploited Polkadot, illicitly minting 1 billion DOT tokens on Ethereum and subsequently selling them. The exploit is under investigation.

Musician G. Love lost nearly 6 BTC after downloading a fraudulent Ledger app from the Apple App Store. The loss represents his entire retirement savings. The fake app drained his Bitcoin holdings.

Apr 12 Recap - Ether Machine Cancels $1.5B SPAC Merger with Dynamix due to Market Conditions - Bitcoin Price Analysis and Market Sentiment - Coinbase CEO Armstrong Supports CLARITY Act - Capital Rotation from Bitcoin to Ethereum Observed

A $1.6 billion deal involving Ether Machine's treasury has collapsed due to unfavorable market conditions.

Apr 11 Recap - Bitcoin Price Analysis and Market Sentiment - Stablecoins Could Reach $719T by 2035 - Iran's Reported Crypto Toll on Hormuz Strait Signals State Adoption - TON Blockchain Upgrade Increases Speed and Reduces Fees

Hong Kong awarded its first stablecoin licenses to HSBC and a Standard Chartered-led consortium, marking a significant step in the city's plan to become a global digital asset hub.

Covenant AI left Bittensor, alleging co-founder Jacob Steeves maintained centralized control. TAO's price dropped 25%, wiping out $650M in market cap.

Apr 10 Recap - Trader Loses $3M on Hyperliquid Due to Fartcoin Manipulation - Japan Approves Bill to Regulate Crypto as Financial Instruments - CFTC and DOJ Seek to Block Arizona's Action Against Prediction Market Kalshi

Japan has approved a bill to classify cryptocurrencies as financial instruments, introducing insider trading bans and disclosure mandates.

Bithumb is taking legal action to recover Bitcoin mistakenly distributed during a promotional event in February. The exchange seeks to freeze assets to recoup the funds lost due to the error.

Blockchain investigator ZachXBT revealed North Korean IT workers used a payment server to process over $3.5M in payments.