US Spot BTC ETFs Garner $887m in Day, BTC approaches 72k

1. BTC price approaches 72K: The price of bitcoin surged to nearly 72K on Wednesday after US spot bitcoin ETFs recorded their second highest single day of net inflows.
   
   
2. President Biden vetoes a bipartisan resolution aiming to reverse an SEC rule on crypto custody services: The White House said the resolution would “jeopardize the well-being of consumers.”
   
   
3. Robinhood buys exchange: Robinhood announced Thursday it has agreed to acquired Bitstamp, a European crypto exchange, for around $200 million.
   
   
4. MicroStrategy and its chairman Michael Saylor have settled tax fraud allegations for 40M: The company’s stock subsequently jumped more than 3% on Wednesday; the company maintains nearly 15B in BTC holdings.
   
   
5. Changpeng "CZ" Zhao, founder of Binance, started a four-month prison term in Santa Barbara, California: CZ admitted to violating the Bank Secrecy Act (BSA) in November.
   
   
6. Shares in GameStop surged 21%: Keith Gill, "Roaring Kitty," revealed a 116M stake in the company, driving renewed investor interest and trading activity.
   

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