Crypto
crypto
Sage D. Young

BlackRock’s iShares Bitcoin Trust becomes the fastest ETF to reach $70 billion

As bitcoin trades hands at around the $108,000 level, the world’s largest bitcoin fund, BlackRock’s iShares Bitcoin Trust, set a new record as it hit over $70 billion in assets under management, the fastest any ETF has ever hit that milestone. 

The iShares Bitcoin Trust took 341 trading days to attain the record, “5x faster than the old record held by GLD of 1,691 days,” according to Bloomberg ETF analyst Eric Balchunas in a post on X: 

BlackRock currently holds more than 663,000 bitcoin, data from blockchain analytics firm Arkham Intelligence shows. The asset manager’s holdings are larger than Michael Saylor’s Strategy, which has 582,000 bitcoin in its stockpile. 

The price of bitcoin is less than 4% away from its all-time high of nearly $112,000 set last month.

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crypto
Sage D. Young

Dogecoin and other canine tokens lead the pack as wider crypto market remains flat

Dogecoin, the meme coin beloved by Elon Musk with a market capitalization of $16.5 billion, is outpacing its peers bitcoin and etheruem in the last 24 hours, jumping nearly 9% to trade at nearly $0.11.

Also among the top 10 gainers in the period are ethereum-based dog token shiba inu and solana-native canine coin bonk, each increasing over 3%, data from CoinGecko shows.

In another positive sign for the meme coin, dogecoin ETFs have only recorded monthly inflows since their November listing, bringing in a cumulative net flow of $9.6 million, according to SoSoValue.

However, traders expect dogecoin to trade lower soon. Prediction market-implied odds of the cryptocurrency sliding below $0.08 stand at 76% on Wednesday morning.

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(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

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(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

Yaël Bizouati-Kennedy
12h
Analyst: “Strategy has been the single biggest factor” for bitcoin’s recent rally

Specifically, Bitwise’s Matt Hougan credited STRC, Strategy’s perpetual preferred equity instrument, for the price action, as the proceeds have enabled the company to continue to buy bitcoin at a constant pace.

Saylor and a big bitcoin
Yaël Bizouati-Kennedy
4/28/26
Bitcoin sinks as market goes risk-off

A hint that “big” news about the US strategic bitcoin reserve was coming soon couldn’t stop the asset’s decline.

Bitcoin sign balloon deflated
crypto
Sage D. Young

NFT price floors surge, but trading volume still in the dumps

The price floor (the lowest possible acquisition cost) of many NFTs has pushed higher recently, but sales volume has not picked up.

In the last seven days, ethereum-based collection CryptoPunks has increased more than 19% to a floor price of nearly 31 ethereum, worth over $70,000, while Bored Ape Yacht Club NFTs have jumped 26% to 9.5 ethereum, or $21,692, according to analytics platform NFTPriceFloor.

Pudgy Penguins has increased 20%, Chromie Squiggle has rallied 29%, and anime-inspired Azuki has gained over 44% in the period.

Zooming out, however, the ongoing rally has not coincided with growing trading volume. Weekly sales volume since last April has been on a gradual decline, per data aggregator CryptoSlam, suggesting narrow enthusiasm underpinning the price upswing.

While these once popular NFTs have seen their price floors rise recently, they are far from the heights they reached when they starred in the 2021 crypto cycle. For example, DJ and producer Steve Aoki purchased seven Bored Ape Yacht Club NFTs for more than $800,000 five years ago, but those NFTs at the collection’s price floor are worth $152,000 today.

Elsewhere, NFTs representing graded “Pokémon” cards are gaining traction. Collector Crypt, a solana-based venue that enables users to trade tokenized “Pokémon” cards, has earned between $2 million and $3 million each month in 2026. Its native token, CARDS, has jumped 94% in the last seven days, data from CoinGecko shows.

Yaël Bizouati-Kennedy
4/27/26
Bitcoin ETFs hit 9-day positive streak, but fail to push price past psychological level of $80,000

The asset reached $79,400 on Sunday night, its highest level since January 31, but couldn’t sustain the rally and dipped to the $77,500 level Monday morning.

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