Singapore's largest money laundering case suspect Wang Shuiming may be extradited to China, with his accomplice being the mastermind behind the Hong Kong crypto platform scam AAX.

**April 29 — Former President Donald Trump has directed aides to prepare for an extended U.S. Navy blockade of the Strait of Hormuz, pushing Brent crude oil above $111 per barrel—while Bitcoin trades in a narrow range.** Trump said Tuesday Iran is “in a state of collapse.” Tehran, meanwhile, has floated accepting a temporary deal to reopen the strait if Washington lifts its blockade of Iranian ports. Split Research founder Zaheer Ebtikar noted in a report that Bitcoin’s relative calm signals a shift in market structure. “The supply surplus has finally been absorbed, and panic sellers driven by macro shifts or quantum concerns have long exited—making selling pressure noticeably weaker than it was just a few months ago,” he said. Ebtikar added: “Bitcoin’s sensitivity to regulatory noise or central bank policy is far lower than many assume. Its volatility sensitivity is purely a function of broader market swings; since we’re in a relatively quiet trading range now, there’s no imm

April 29 — Israel and Lebanon are set to strike a "limited agreement," per The Times of Israel (29th). (Xinhua)

On April 29th, some observers framed Morgan Stanley’s entry into the U.S. spot Bitcoin ETF earlier this month as a catalyst to end the current crypto bear market—citing the massive distribution reach of the Wall Street giant’s $8 trillion wealth advisor network. But Adam Back, Blockstream CEO and a founding Bitcoin community contributor, pushed back: “Not so fast.” Back, who was recently speculated by The New York Times to be Bitcoin’s anonymous creator Satoshi Nakamoto, has denied that claim. From a bullish signal standpoint, Back said the Bitcoin ETF is the most significant recent development—even more impactful than a crypto-friendly U.S. administration—but the process is slower than most realize. “One thing people may miscalculate is how slow institutional adoption is,” he noted. “The ETF has been approved, but while BlackRock has suggested allocating 2% to 4% of general stock portfolios to Bitcoin, fund managers haven’t acted on that yet. They will—but slower than people exp

On April 29th, Farside Investors reported that U.S. Bitcoin spot ETFs registered a net outflow of $89.7 million yesterday, while U.S. Ethereum spot ETFs saw a net outflow of $21.8 million.

On April 29, Onchain Lens monitoring shows a whale deposited 211,694 SOL (≈$17.77 million) to Binance yesterday after 11 months of dormancy, incurring a loss of roughly $17.62 million. The whale initially withdrew 200,010 SOL (≈$35.39 million) from Kraken.

Bitcoin surpassed $77,000 on April 29, per HTX market data, with a 0.23% gain over the past 24 hours.