US Spot Bitcoin ETFs See 7th Consecutive Day of Outflows Streak
Bitcoin’s recent price drop to 3.34% triggers major outflows from leading Bitcoin ETFs, with Grayscale’s GBTC fund losing $90 million.
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Bitcoin’s recent price drop to 3.34% triggers major outflows from leading Bitcoin ETFs, with Grayscale’s GBTC fund losing $90 million.
The meme coin crypto industry led by Pepe and Shib has dramatically reduced in valuation in the past four weeks to around $47 billion on Tuesday.
Alex Lab, a Bitcoin-based blockchain protocol for DeFi, revealed that the Lazarus Group, a notorious North Korean cybercriminal group, orchestrated a recent cyberattack causing a $4.3 million loss.
According to Galaxy Digital’s head of research Alex Thorn, approximately 65,000 out of the total 141,000 Bitcoins held by Mt. Gox are expected to enter the market. This could alleviate some of the selling pressure from the anticipated $9 billion liquidations.
After enduring an extended legal battle that kept him in a UK jail for years, Julian Assange, the co-founder of WikiLeaks, is now free.
CoinShares International, a leading digital assets investment company based in Europe, has announced the successful sale of its claim against the now-defunct cryptocurrency exchange FTX.
Mt.Gox has revealed its plans to start reimbursing its users Bitcoin according to an update shared by the platforms’ Rehabilitation Trustee.
Blocktrade has announced that it has been acquired by a group of “seasoned fintech investors from Estonia”, adding that it aims to grow exponentially with the help of the new investors.
Ark Invest Chief Executive Officer (CEO) Cathie Wood has announced that she will be voting for Donald Trump in the upcoming 2024 US presidential election, citing economic reasons. This statement by Wood shows the growing trend of support among crypto leaders for Trump.
The Korea Institute of Finance (KIF) report stated that allowing crypto ETFs could cause resource allocation inefficiency, increased crypto-related risks, and weakened financial stability.
Lightning Network developer Burak, known for his contributions and exploits in the Bitcoin community, has introduced a new layer 2 solution called “Brollups”, aiming to expand the DeFi capabilities of Bitcoin without requiring changes to the Bitcoin protocol itself.
Michael Saylor expects the BTC price to hit $10 million while confidently predicting that the Chinese people and government would embrace Bitcoin.
Bitcoin’s price, fluctuating between $65,000 and $66,000, has led to a notable level of Fear, Uncertainty, and Doubt (FUD) among traders, according to blockchain analytics firm Santiment.
Standard Chartered Bank, one of the leading global financial institutions headquartered in the United Kingdom, is preparing to enter the crypto trading market with the launch of a dedicated platform for spot traders.
Since Elon Musk’s takeover in October 2022, social media platform X has introduced monetization for content creators and subscription models, aiming to become an “everything platform.” However, there are no plans for accommodating crypto enthusiasts on the platform.