Bitcoin Holds Above $70K as Spot ETFs See Inflows; TON Blockchain Eyes Asia Growth Despite SEC Roadblocks for Ethereum
• Bitcoin (BTC) holding stable above $70,000; bitcoin spot ETFs see $91M inflow, offset by $125M outflow from Grayscale's GBTC • TON blockchain forms partnership with HashKey Group to increase access for Asia-Pacific users via Telegram's wallet • JPMorgan says SEC probe into Ethereum Foundation makes ETH spot ETF approval unlikely in May • Analysts expect litigation against SEC if no spot ETH ETF approval in May • Bitcoin rally stalls as gold hits new highs; analysts still confident in BTC on expectations of Fed rate cuts due to US debt concerns