Bitcoin Nears Record Highs; BlackRock ETF Inflows Surge
Key Takeaways
- Bitcoin nears record highs around $104,000 amid U.S.-China trade talk optimism.
- Bitcoin recovers from $75k; BlackRock ETF inflows surge for 20 days, exceeding $5B.
- Asia's largest corporate Bitcoin holder buys $126M more BTC.
- Messari reports Bitcoin DeFi is safer, cheaper with Rootstock, secured by 81% hashrate.
- VP Vance to keynote Bitcoin 2025 conference in Las Vegas on May 28.
Top Stories
Bitcoin nears record highs amid trade talk optimism
On May 12, 2025, reports indicate Bitcoin is approaching record highs, driven by easing U.S.-China trade tensions and the potential for a CPI slowdown. Ayushman Ojha reported that Bitcoin's price remains steady near $104,000 following these trade discussions.
Bitcoin recovers from $75k, BlackRock ETF inflows surge
On May 12, 2025, Bitcoin experienced a near V-shaped recovery from $75,000 since early April, with a 10% surge last week due to ETF inflows. BlackRock's spot Bitcoin ETF (IBIT) has seen net inflows for 20 consecutive trading days, accumulating over $5 billion.
Asia's largest corporate Bitcoin holder buys $126M more
On May 12, 2025, it was reported that Asia’s Biggest Corporate Bitcoin Holder has purchased an additional $126 million worth of BTC.
Bitcoin DeFi safer, cheaper with Rootstock: Messari
According to a Messari report published on May 11, 2025, DeFi on Bitcoin is becoming safer and cheaper, partly due to Rootstock, which is secured by 81% of Bitcoin's total hashrate. Transaction fees on Rootstock are reportedly 95% cheaper than average Bitcoin transactions and 55% cheaper than Ethereum.
VP Vance to keynote Bitcoin 2025 conference
On May 11, 2025, it was announced that U.S. Vice President JD Vance will deliver a keynote at the Bitcoin 2025 Conference in Las Vegas on May 28, 2025, at 9:00 AM PST. The conference, organized by BTC Inc., will be held at The Venetian Las Vegas from May 27-29, 2025, and is expected to attract over 30,000 attendees.