(Bloomberg) — Bitcoin is sustaining a record-breaking run, lifted by the unprecedented amounts of capital flowing into crypto products as well as a looming reduction in the digital token’s supply growth. Most Read from Bloomberg The original cryptocurrency reached an all-time peak of almost $72,881 on Monday and was trading at $72,220 as of 7:15 a.m. in London on Tuesday. A record $2.7 billion flowed into crypto assets last week, according to a report from CoinShares international Ltd.,… Source link
Read More »BlackRock’s Bitcoin ETF Draws Record Influx as Coin Tops $69,000
(Bloomberg) — Investors dumped a record amount of cash into BlackRock’s Bitcoin ETF while the cryptocurrency surged to an all-time high. Most Read from Bloomberg The iShares Bitcoin ETF (ticker IBIT) pulled $788.3 million Tuesday, its 37th consecutive inflow. The fund has now swelled to $11.5 billion in assets. Bitcoin briefly topped $69,000 on Tuesday, surpassing the all-time high it hit in late 2021. Demand from the ETFs and a optimism surrounding an upcoming reduction in the token’s… Source link
Read More »Google Search Technique Used by Police Draws New Legal Challenge
(Bloomberg) — Civil liberties advocates are mounting a new challenge to the use by police of Google search data for help solving criminal cases, as the practice draws greater scrutiny nationwide. Most Read from Bloomberg After a Pennsylvania woman was raped in 2016, police submitted a search warrant to Alphabet’s Google for information about users who had typed the victim’s name or address into the search engine in the week leading up to the attack, according to court papers. Google… Source link
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