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BlackRock’s exchange-traded fund (ETF) bought nearly $1 billion worth of Bitcoin on behalf of its clients on April 28, with continued inflows providing “structural support” for Bitcoin’s price appreciation, according to market analysts.BlackRock’s iShares Bitcoin Trust (IBIT) ETF bought $970 million worth of Bitcoin (BTC) on April 28, its second-largest day of inflows on record after scooping up $1.12 billion of BTC on Nov. 7, 2024, Sosovalue data shows.IBIT ETF Inflows, all-time chart. Source: Sosovalue IBIT’s near $1 billion investment brought total net inflows to US spot BTC ETFs to just above $590 million, with all other ETFs realizing net negative outflows or remaining flat. ARK Invest’s ARKB ETF recorded the highest outflows of $226 million.Related: Bitcoin treasury firms driving $200T hyperbitcoinization — Adam Back“Nearly *$1bil* into iShares Bitcoin ETF today.. 2nd largest inflow since Jan 2024 inception. I still remember when there was “no demand,” Nate Geraci, the president of ETF Store advisory firm, wrote in an April 29 X post.BlackRock’s IBIT is the largest spot BTC ETF, with over $54 billion in assets under management, accounting for 51% of the total spot BTC ETF market share, Dune data shows.Bitcoin ETFs by market share. Source: DuneThe latest inflows make IBIT the world’s 33rd-largest ETF among crypto and traditional finance-based ETFs, according to data from ETF Database.Last week’s “ETF inflows and croproate buying” have been significant for Bitcoin’s recovery above $94,000, as retail investor interest continued to lag, Ryan Lee, chief analyst at Bitget Research, told Cointelegraph.Related: Bitcoin’s role as a reserve asset gains traction in US as states adoptETFs provide “structural” support for Bitcoin rallyBitcoin’s recovery over the past week was aided by over $3 billion worth of cumulative net inflows for the US spot Bitcoin ETFs, marking their second-highest week of investments since launch.The Bitcoin price posted its “strongest weekly gain since Trump’s election victory, but signs suggest another move could be brewing,” according to Nexo dispatch analyst Iliya Kalchev.“ETF inflows into spot Bitcoin products topped $3 billion last week — the highest since November — providing structural support that could fuel further upside,” the analyst told Cointelegraph.Bitcoin investments have previously been a significant driver of Bitcoin’s upside momentum. Bitcoin ETFs accounted for an estimated 75% of new investment into Bitcoin when it recaptured the $50,000 mark in February 2024, a month after the debut of the US spot Bitcoin ETFs.Magazine: Altcoin season to hit in Q2? Mantra’s plan to win trust: Hodler’s Digest, April 13 – 19

Key takeaways:Bitcoin supply in profit has climbed back above 85%, nearing the classic euphoric area.Onchain data shows strong accumulation from new and momentum buyers with minimal profit-taking.Bitcoin could rally toward $110,000–$115,000 helped by a “max buying” zone.Bitcoin (BTC) is charging toward a potential new all-time high near $115,000, as a surge in profitable supply signals growing bullish momentum and a classic setup for market euphoria.Nearly 87% of Bitcoin supply in profitAs of April 28, approximately 86.9% of all Bitcoin coins were in profit, according to on-chain data resource CryptoQuant. Historically, the metric’s climb into the 85–90% range has signaled a transition from healthy optimism to speculative euphoria among traders.Between October and December 2024, for instance, Bitcoin’s price climbed from around $80,000 to over $100,000, a rally coinciding with Bitcoin’s profitable supply rising from under 80% to as high as 99%.Bitcoin percent supply in profit. Source: CryptoQuantIn his April 28 post, CryptoQuant-based analyst DarkFrost reminded that Bitcoin’s euphoric phases may not last for longer timeframes, leading to sharp corrections as holders begin realizing gains. BTC’s price established a record high of nearly $110,000 in January, with its profitable supply hitting 99%. But the cryptocurrency dropped by over 30% afterward. Similar profit-taking behaviors have led to price corrections in the past, as shown above.“Currently, the supply in profit has climbed back above 85%, which is fairly positive,” DarkFrost writes, noting that its recovery from the recent bottom of 75% is still better when compared to 45-50% lows witnessed during bear market corrections.Besides, the BTC supply in profit still remains below 90%. Crossing above 90% has historically preceded profit-taking behavior among traders, suggesting that there’s more room to grow for BTC prices in the coming days.DarkFrost argues:“Of course, there are certain levels that are more "comfortable" than others, but generally, an increase in the supply in profit tends to fuel bullish phases.” Additional onchain data also supports the bullish outlook. Bitcoin’s First Buyers and Momentum Buyers are actively accumulating, while Profit Takers remain relatively quiet, according to Glassnode metric tracking BTC’s cumulative supply per cohort.BTC relative strength index of cumulative supply per cohort. Source: GlassnodeThis means fresh demand is coming in without heavy selling, a key ingredient for keeping the rally strong as anticipated by DarkFrost in the analysis above.Bitcoin “max buying” zone hints at $115,000In late April, Bitcoin bounced strongly from the $89,000–$90,000 support zone, a key horizontal level from prior price action strengthening the case for more upside. The area, according to chartist CryptoCaesarTA, now acts as a “max buying” zone where buyers have aggressively stepped in to limit Bitcoin’s drawdowns.BTC/USD weekly price chart. Source: TradingView/CryptoCaesarTABelow it, the $70,000–$72,000 region remains untested, aligning closely with the long-term ascending trendline. If Bitcoin faces deeper pullbacks, this zone could serve as a critical secondary support.For now, Bitcoin’s resilience above $90,000 keeps the bulls firmly in control. Related: 5 Bitcoin charts predicting BTC price rally toward $100K by MayA breakout above the $100,000 psychological barrier could pave the way toward new all-time highs at $110,000–$115,000, according to CryptoCaesarTA. The upside target aligns with previous resistance highs and a so-called "weak high" zone on the weekly chart above.This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

A new study finds that 42% of U.S. millennials have made purchases using cryptocurrency, with 8% using it whenever possible and 14% on occasion. 93% of Millennials Aware of Crypto With U.S. millennials increasingly aware of or owning cryptocurrencies, a new study found 42% have purchased “something” using crypto. In fact, the Millennial Shopping Habits:

DeFi protocol Loopscale has recovered nearly half of the funds stolen during a major exploit over the weekend, as white hat negotiations with the attacker show signs of progress.In an April 29 update posted to X, Loopscale confirmed that approximately 19,463 Wrapped SOL (WSOL) (worth roughly $2.88 million) have been returned to its wallets since April 28.The first two returns included 10,000 WSOL (~$1.48 million) and 4,463 WSOL (~$660,000), following an earlier recovery of 5,000 WSOL (~$740,000).“Our pursuit of an amicable resolution regarding Saturday’s incident continues to make progress,” the team wrote.Loopscale updating community on negotiations progress. Source: LoopscaleRelated: DeFi platform KiloEx to compensate users impacted by $7.5M hackLoopscale offers 10% bounty for return of fundsOn April 27, Loopscale’s team said it had sent an onchain message to the exploiter, offering them a 10% bounty and a full release of liability in exchange for the return of 90% of the stolen funds.The team warned that if no agreement were reached within 24 hours, it would contact law enforcement.At 3:52 pm Eastern Time on April 28, Loopscale announced it had received a response from the exploiter, who indicated willingness to negotiate a return in exchange for a bounty.The exploit occurred on April 26, when manipulation of Loopscale’s RateX PT token pricing functions led to the theft of approximately $5.7 million in USDC (USDC) and 1,200 Solana (SOL) from its USDC and SOL vaults.The stolen amount represented about 12% of the platform’s total funds and impacted only vault depositors, not borrowers or loopers.While recoveries are not very common in decentralized finance, there have been more instances of successful fund returns as of late.Related: WazirX confirms restart on track as it awaits sanction hearing in MayOn April 27, Ethereum-based lending protocol Term Finance said it had recovered $1 million of the $1.6 million lost in an incident involving a misconfigured oracle on its Treehouse (tETH) market.The team said 223 Ether (ETH) was recaptured internally, and another 333 ETH was recovered through negotiations.Term Finance explaining their recovery progress. Source: Term FinanceIn the first quarter of 2025, hackers stole more than $1.6 billion worth of crypto from exchanges and onchain smart contracts, blockchain security firm PeckShield said in an April report. More than 90% of those losses are attributable to a $1.5 billion attack on Bybit, a centralized cryptocurrency exchange, by North Korean hacking outfit Lazarus Group.Magazine: Bitcoin $100K hopes on ice, SBF’s mysterious prison move: Hodler’s Digest, April 20 – 26

The Semler Scientific chairman flagged the ad tech firm as ripe for a bitcoin treasury strategy amid stock struggles and cash stockpile.

Trump-backed WLFI is making waves in DeFi with major funding, political ties, and global expansion plans.

The stablecoin issuer received in-principle approval from ADGM's Financial Services Regulatory Authority to operate as a money services provider.

Alex Mashinsky, the founder and former CEO of the now-defunct cryptocurrency lending platform Celsius, faces a 20-year prison sentence as the US Department of Justice (DOJ) seeks a severe penalty for his role in a multibillion-dollar fraud.The DOJ on April 28 filed the government’s sentencing memorandum against Mashinsky, recommending a 20-year prison sentence for his fraudulent actions, which led to billions of dollars in losses for Celsius customers.The 97-page memo mentioned that Celsius users were unable to access approximately $4.7 billion in crypto assets after the platform halted withdrawals on June 12, 2022.“The Court should sentence Alexander Mashinsky to twenty years’ imprisonment as just punishment for his years-long campaign of lies and self-dealing that left in its wake billions in losses and thousands of victimized customers,” the DOJ stated.Mashinsky’s personal benefit was $48 millionIn addition to the investor losses, the DOJ noted that Mashinsky has personally profited from the fraudulent schemes in his role.As part of his guilty plea in December 2024, Mashinsky admitted that he was the leader of the criminal activity at Celsius, that his crimes resulted in losses in excess of $550 million, and that he personally benefited more than $48 million, the DOJ said.An excerpt from the government’s sentencing memorandum against Celsius founder Alex Mashinsky. Source: CourtListenerThe DOJ highlighted that Mashinsky’s guilty plea showed that his crimes were “not the product of negligence, naivete, or bad luck,” but rather the result of “deliberate, calculated decisions to lie, deceive, and steal in pursuit of personal fortune.”This is a developing story, and further information will be added as it becomes available.Magazine: Bitcoin $100K hopes on ice, SBF’s mysterious prison move: Hodler’s Digest, April 20 – 26

Key points:Bitcoin has beaten out three key resistance levels in a single weekly candle.The weekly close defended the 2025 yearly open, but a subsequent dip below it is making analysis question the strength of the BTC price breakout.BTC/USD remains in a “critical zone” pending fresh support confirmations.Bitcoin (BTC) has broken through three key resistance levels in a week, but its biggest reclaim battle continues.Analysis from sources including popular trader and analyst Rekt Capital underscores BTC price acting in a critical area for bulls.Bitcoin breaks through “triple resistance”Bitcoin’s latest weekly candle saw a reclaim of a full three resistance lines, Rekt Capital reveals.In addition to horizontal weekly resistance, BTC/USD broke beyond a multimonth downtrend previously discussed by Cointelegraph, as well as the 21-week exponential moving average (EMA).“Bitcoin broke them all last week,” Rekt Capital commented in a post on X while uploading an illustrative chart.“Bitcoin broke the Triple Resistance.”BTC/USD 1-week chart with 21, 50 EMA. Source: Rekt Capital/XAnother post highlights Bitcoin leaving both the 21-week and 50-week EMAs behind, with these traditionally offering bull market support.“Bitcoin has repeated mid-2021 price history with a breakout from its range formed by the two Bull Market EMAs,” Rekt Capital summarized.BTC/USD 1-week chart with 21, 50 EMA comparison. Source: Rekt Capital/XBTC price weakness worries lingerFor some, however, the real test for the current BTC price rebound lies elsewhere.Related: A 'local top' and $88K retest? 5 things to know in Bitcoin this weekIn his latest YouTube video analysis on April 28, Keith Alan, co-founder of trading resource Material Indicators, drew attention to Bitcoin’s ongoing battle to reclaim the 2025 yearly open.At around $93,500, this level forms the key focus moving forward, with a brief dip below it after the weekly close leaving Alan concerned.“It’s one of the reasons why I think we could see more downside volatility,” he said while acknowledging the potential benefits of a fresh support retest.Alan added that he hoped the 21-week simple moving average (SMA) would hold, but that price was in a “critical zone.”Short-term BTC price magnets also include $94,000 thanks to a wall of bids in place on the Binance futures order book.The buy liquidity was flagged and uploaded to X by monitoring resource CoinGlass on April 29.Binance Bitcoin futures liquidity data. Source: CoinGlass/X This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

1inch has launched support for Solana, enabling users to execute on-chain swaps through the 1inch dApp and connect with six APIs available on the 1inch Developer Portal. Announced at TOKEN2049 Dubai, the integration marks the first major deployment of 1inch’s Fusion protocol on Solana, setting the groundwork for cross-chain swaps between Solana and the more The post 1inch launches on Solana as it processes fives times Ethereum’s transactions but similar volume appeared first on CryptoSlate.

Decentralized exchange (DEX) aggregator 1inch has announced the expansion of its services to the rapidly growing Solana blockchain, solidifying its position as a leading swap marketplace in the decentralized finance (DeFi) ecosystem. With the integration of Solana, 1inch users can now enjoy secure token swaps at optimal rates, leveraging the blockchain’s impressive metrics, which include

What is the Paws Telegram Mini App? Paws is a Telegram-based Mini App created by the same team behind other projects, such as Notcoin and Dogs. If you’ve been cruising around Telegram lately, chances are you’ve stumbled upon Paws, the viral crypto Mini App that’s got everyone tapping, clicking and inviting their friends like it’s 2010 FarmVille all over again. Originally launched in October 2024 on The Open Network (TON) blockchain, Paws exploded in popularity with its ultra-simple tap-to-earn concept. Think of it as a gamified rewards engine embedded directly in Telegram, where users rack up points by completing tasks, referring others and interacting with mini-game elements. Within just eight days of going live, Paws pulled in over 20 million users, and within a few months, that figure soared past 80 million.But the real twist? Paws, in March 2025, migrated from TON to Solana, a move that brought more scalability, lower fees and deeper integration with a broader decentralized finance (DeFi) ecosystem. Alongside this shift came the launch of the PAWS token — used for governance, staking, in-game purchases and more — positioning Paws as more than just a viral hit. The app’s core philosophy is simple: You create value every time you engage online, so why not earn for it? With no extra downloads needed, Paws is frictionless. You just activate the bot on Telegram (@PAWSOG_bot), and you’re in. From there, it’s all about interacting: tap items, read posts, join groups, complete quizzes, and get rewarded with points that convert into real tokens.So, is it legit? Before answering that, we’ll unpack how it actually works. How does the Paws Telegram Mini App actually work? Paws has a simplified interactive interface that allows users to earn points and stay involved in its gamified engagement economy.Once you launch the Mini App via its official Telegram bot, you’re welcomed into a digital world that rewards you for social activity. You’re not mining crypto, solving puzzles or trading tokens — you’re completing micro-tasks like tapping virtual objects, joining Telegram channels, referring friends or answering simple quizzes.Every action earns you points, which are later converted into PAWS tokens. These tokens can then be staked, used in Paws’ upcoming in-app economy, or possibly traded depending on future listings. The simplicity is what makes it addictive, and the referral model makes it viral.And here’s the kicker: You don’t even need a separate wallet app. The Paws Mini App syncs with existing wallets like Phantom on Solana or Telegram-native wallets (TON-based). It’s designed for ease, especially for people new to crypto. Why Paws migrated to Solana and why it matters At first, Paws ran on TON, but in a move that surprised some and excited others, Paws announced a major shift to Solana in early 2025.In early 2025, Telegram introduced a policy mandating that all Mini Apps and third-party crypto wallets on its platform exclusively operate on TON. This move forced projects like Paws to choose between remaining confined to TON or migrating to a different blockchain.Paws opted to migrate to Solana, a decision that has had significant implications:​User base migration: Over 80 million Paws users transitioned to Solana, leading to more than 9 million downloads of the Phantom crypto wallet and the creation of over 1 million new Solana addresses. NFT integration: PAWS introduced non-fungible token (NFT) vouchers on the Solana-based marketplace Magic Eden, resulting in over 100,000 transactions within two weeks.Ecosystem expansion: The migration has allowed Paws to evolve from a viral Telegram application into a full-fledged Web3 brand, with plans to integrate DeFi features, gaming partnerships and social engagement tools.This strategic move not only circumvented Telegram’s restrictive policies but also positioned Paws to leverage Solana’s scalability and active DeFi ecosystem, paving the way for broader adoption and innovation.Did you know? The migration to Solana led to over 9 million new downloads of Phantom Wallet, with more than 1 million fresh Solana addresses created by Paws users. That’s one of the biggest onboarding waves in Solana’s history. The PAWS airdrop: What you need to know No viral Web3 game is complete without an airdrop, and Paws is no exception.Users who engage with the app, tapping, referring and completing tasks earn points, which are later converted into PAWS tokens. These tokens are distributed via an airdrop, and the team has already completed early reward rounds with plans for future drops as the ecosystem expands.The PAWS token officially launched on March 18, 2025. Here’s a breakdown of the key events that took place:​March 11-15: Withdrawals opened to exchanges.March 17: Token deposits became available on exchanges.March 18: Withdrawals to Phantom Wallet and the official PAWS listing commenced.​The airdrop distribution was as follows:​62.5% allocated to Paws app users.7.5% reserved for established Solana communities.The remaining percentage is designated for ecosystem growth, partnerships and liquidity.Despite the successful migration and platform enhancements, the PAWS token launch faced some challenges:​Price volatility: The token experienced a significant drop in value shortly after launch.Airdrop confusion: Many users were unsure about eligibility criteria, leading to dissatisfaction.Communication gaps: Delays and a lack of clear communication regarding the token generation event (TGE) affected community trust on X.As of April 2025, the PAWS token is listed on a few exchanges, including Bybit, MEXC and KuCoin. There’s growing speculation that listings on more centralized exchanges (CEXs) may follow, especially given the size of the community and early engagement.Did you know? After migrating to Solana, Paws launched NFT vouchers on Magic Eden. In just two weeks, these NFTs generated over 100,000 transactions. Is Paws legit or just another hype train? Paws has demonstrated substantial growth and user engagement; however, users must do their own research before joining in. Let’s get to the big question: Is Paws legit?Paws has demonstrated substantial growth and user engagement. The following help to make a better assessment on how to approach Paws:​Pros:Developed by a team with a track record (Notcoin and Dogs).Successful migration to Solana indicates long-term planning and future orientation.Rapid user adoption and community growth.​Cons:Limited transparency with no public team page or comprehensive white paper.Potential for bot-driven airdrop farming, as has been seen on Telegram Mini Apps.The project is navigating regulatory uncertainty, particularly as airdrops via Telegram Mini Apps remain in a legal gray area, often lacking clear Know Your Customer (KYC) requirements.So, what’s the verdict? While Paws appears to be a well-used platform for casual engagement, users should conduct thorough research and exercise caution, especially when considering financial investments. What’s next for Paws? As the platform matures and cements its place, the team behind it has hinted at a much bigger vision: one that turns Paws from a simple viral game into a dynamic Web3 super app. Here’s what’s reportedly on the roadmap:In-app marketplace: Users will soon be able to spend their PAWS tokens within an integrated marketplace. This could include digital goods, services and utility items tied to the app’s gaming ecosystem, such as power-ups, skins or access to exclusive features.NFT rewards and avatar customization: Paws plans to introduce customizable avatars powered by NFTs. These will not only let users personalize their experience but also function as tradable digital assets. The team has already launched early NFT vouchers on Solana’s Magic Eden, showing a clear direction toward gamified asset ownership.Social leaderboards and guild mechanics: Paws is building out more community-first features. Competitive social leaderboards will reward the most active players, while upcoming guild mechanics will allow users to team up, compete and share rewards, blending social gaming with decentralized coordination.DeFi integrations: With its migration to Solana, PAWS has opened the door to deeper DeFi utility. Upcoming features could include staking, lending pools, yield-based games or partnerships with native Solana DeFi protocols, adding more financial layers to the Paws economy.With a user base now exceeding 80 million and growing, Paws is laying the groundwork to evolve into a full-blown Web3 social and gaming hub — though its rapid rise also warrants caution, as regulatory clarity and long-term sustainability remain key concerns.

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This content is provided by a sponsor. PRESS RELEASE. Geneva, Switzerland, April 28 2025 — TRON DAO is a proud Platinum Sponsor of the Harvard Blockchain Conference 2025 (HBC25), a premier student-organized blockchain and AI conference hosted by the Harvard Undergraduate Blockchain Club (HUB). The Harvard Blockchain Conference brought together an elite gathering of 350

Federal prosecutors called Mashinsky the architect of a "years-long campaign of lies and self-dealing" that left customers with billions in losses.