21Shares to reduce fees on bitcoin and ethereum ETPs to 0.10%

In a significant development in the world of cryptocurrency, UK police have successfully seized over £5 billion worth of bitcoin from Zhimin Qian, a woman dubbed 'the goddess of wealth'. This seizure marks one of the largest in history and highlights the ongoing efforts to combat illegal activities associated with digital currencies. It underscores the importance of regulatory measures in the crypto space, as authorities strive to maintain order and protect investors.

In an intriguing turn of events, Brock Pierce, a former child actor known for his role in the Mighty Ducks and now a Bitcoin investor, donated $1 million to a super-PAC supporting New York Mayor Eric Adams just five days before Adams suspended his campaign. This substantial contribution raises questions about the influence of financial backing in political races and highlights the often unpredictable nature of campaign dynamics.

Michael Saylor remains unfazed by the decreasing premium that his digital-asset treasury firm, Strategy Inc., has historically held over its Bitcoin assets. This situation highlights the volatility and challenges within the cryptocurrency market, but Saylor's confidence suggests a long-term vision for his investments.

Reliance Global has made a significant move by adding bitcoin to its treasury, marking a bold step in its digital asset strategy. This decision not only reflects the growing acceptance of cryptocurrencies in mainstream finance but also positions Reliance Global as a forward-thinking player in the evolving digital landscape. By embracing bitcoin, the company aims to enhance its financial flexibility and attract a new wave of investors interested in digital assets.

BlackRock's iShares Bitcoin Trust has made headlines by surpassing Coinbase's Deribit as the leading platform for Bitcoin options. This shift highlights a significant trend in the digital asset market, indicating that traditional financial institutions are gaining ground over offshore platforms. As Wall Street becomes a more dominant player in cryptocurrency trading, it could lead to increased legitimacy and stability in the market, attracting more investors.

Strategy Inc has announced updates regarding its at-the-market offering and recent bitcoin purchases. This move is significant as it reflects the company's confidence in the cryptocurrency market and its commitment to leveraging digital assets for growth. Investors may view this as a positive sign of innovation and adaptability in a rapidly changing financial landscape.

Spotify's founder, Daniel Ek, is stepping down as CEO but will transition to the role of executive chairman. This change marks a significant shift in leadership as Ek plans to hand over the top position to two deputies. This move is important as it signals a new direction for the company, potentially impacting its future strategies and operations.

AeroVironment has enhanced its Puma LE drone by adding a laser targeting capability, which significantly improves its operational effectiveness. This upgrade allows for more precise targeting in various missions, making the drone an even more valuable asset for military and commercial applications. The addition of this technology not only showcases AeroVironment's commitment to innovation but also strengthens the capabilities of users in critical situations.

VVV Sports is making a significant shift from its traditional mining operations to investing in racket sports. This transition highlights the company's adaptability and commitment to diversifying its portfolio, which could lead to new growth opportunities in the sports industry. By focusing on racket sports, VVV Sports aims to tap into a growing market, potentially attracting new fans and participants, and contributing positively to the community.

BNP Paribas has announced that it holds a 1.5% stake in Dalata Hotel Group, a significant move in the hospitality sector. This investment highlights BNP Paribas's confidence in Dalata's growth potential and the overall recovery of the hotel industry. Such stakes can influence market dynamics and investor sentiment, making it an important development for both companies and their stakeholders.

The Lindsey Oil Refinery is facing significant workforce cuts, with a third of its employees set to lose their jobs. The Unite union has voiced strong criticism towards the government, arguing that the refinery could remain operational and intact. This situation is concerning as it not only affects the livelihoods of many workers but also raises questions about the future of energy production in the region.

China has decided to suspend BHP's iron ore cargoes amid ongoing pricing negotiations, a move that could significantly impact the global iron ore market. This decision highlights the tensions between major suppliers and buyers over pricing strategies, which are crucial for both economies. As China is one of the largest consumers of iron ore, any disruption in supply could lead to fluctuations in prices and affect various industries reliant on this key resource.