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Bitcoin Nears $80K With Institutional Buying and Shiba Inu Surges – Crypto Digest April 23, 2026

CryptoThursday, April 23, 2026

50 articles analyzed by AI / 235 total

Key points

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  • The Kelp DAO exploit resulted in the theft of $175 million worth of ETH, with most laundered through THORChain and $71 million frozen by Arbitrum's security council. The attacker also converted stolen ETH to Bitcoin, complicating recovery efforts and highlighting ongoing DeFi security vulnerabilities affecting protocols like Lido.[Cointelegraph][Blockonomi]
  • Tether collaborated with U.S. law enforcement and over 340 agencies globally to freeze $344 million in USDT connected to illicit activities, contributing to a total of $4.4 billion in frozen crypto assets worldwide. This enforcement action underscores growing regulatory scrutiny on stablecoins within global financial crime prevention.[Blockonomi]
  • Shiba Inu has expanded its holder base to over 1.573 million addresses with rapid additions recently, while its Shibarium layer-2 reached over one billion transactions. Additionally, a surge of 88% in SHIB usage and the movement of 505 billion tokens offline highlight increased network activity and user self-custody trends within this major meme coin ecosystem.[Blockonomi][U.Today]
  • Bitcoin’s price surged from $66,000 to nearly $79,500 amid strong futures market demand and institutional buying, highlighted by Strategy’s $2.54 billion BTC purchase of 34,164 coins. Spot Bitcoin ETFs observed five consecutive days of inflows by April 22, signaling resilient institutional confidence despite some spot market net selling signals.[Blockonomi][Blockonomi]
  • Institutional interest in Bitcoin continues to mount as BlackRock-backed US-listed spot Bitcoin ETFs received $1.9 billion in inflows over seven days. Furthermore, Galaxy’s Head of Research forecasts their BTC holdings will surpass Satoshi Nakamoto’s 1.1 million coins by late 2026, emphasizing growing concentration of Bitcoin with large institutional players.[U.Today][Cointelegraph]
  • More than 100 crypto firms and industry groups including the Crypto Council for Innovation and Blockchain Association have urged the US Senate to advance the CLARITY Act markup. They warn that delays could risk digital asset investment and job creation, demonstrating intense lobbying efforts for a clear regulatory framework in the US crypto market.[Blockonomi]

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