SEC’s Pro-Crypto Chairman Paul Atkins Officially Inaugurated
The US Securities and Exchange Commission (SEC) announced that Paul Atkins was sworn in as the 34th chairman of the agency and officially took office. Atkins was nominated by President Donald Trump on January 20, 2025 and confirmed by the Senate on April 9. “I am honored that President Trump and the Senate have placed their trust in me to lead the SEC,” Atkins said in a statement. Atkins is expected to take an active role in bringing more inclusive and clear regulations for digital assets.
BlackRock and Strategy Own More Bitcoin Than Satoshi Nakamoto
BlackRock’s spot Bitcoin ETF currently holds 573,187 BTC, while Strategy (former MicroStrategy) holds 538,200 BTC. With a total of 1,111,387 BTC, these two institutional investors have surpassed the approximately 1.1 million BTC thought to belong to Satoshi Nakamoto.
Trump’s Crypto Policy Leads to Record Crypto Assets in South Korea
According to Cryptonews, as of December 2024, the total value of cryptocurrency assets held in local wallets in South Korea exceeded 100 trillion won ($70.5 billion) for the first time, according to data from the Bank of Korea. This record shows that South Korea’s interest in crypto has increased significantly after Trump’s election as president.
According to a report by CoinShares, there were a total of $6 million in net inflows into digital asset investment products last week. Bitcoin saw outflows of $6 million, while XRP recorded a strong inflow of $37.7 million. Bitcoin shorts saw an outflow of $1.2 million.
Metaplanet’s BTC Target Increases to 10,000
CEO Simon Gerovich announced that the company currently holds 4,855 BTC and aims to increase this amount to 10,000 by the end of the year. Metaplanet’s BTC holdings increased by 119.3%, well above quarterly targets.
LINK Withdraws More Than $120 Million from Exchanges in the Last Month
Chainlink (LINK) has seen a net outflow of over $120 million from exchanges in the last month, according to IntoTheBlock. This indicates that investors intend to hold their tokens for the long term and points to potential accumulation.
by Darkex Research – 1 min read