U.S. Bitcoin and Ethereum spot ETFs experienced nearly $2 billion in outflows in late June due to increasing regulatory scrutiny and geopolitical uncertainties, including U.S.-Iran tensions. BlackRock’s Bitcoin and Ethereum ETFs led the withdrawals, though total assets remain significant, indicating ongoing institutional demand. Meanwhile, the EU is moving toward stricter enforcement of crypto regulations under MiCA, and the U.S. is debating limits on central bank digital currency initiatives. These developments highlight a market balancing risk-off moves with regulatory and geopolitical challenges, signaling deeper institutional and compliance-driven shifts in the crypto space.
The US Bureau of Economic Analysis will release the core Personal Consumption Expenditures (PCE) inflation data for August today at 8:30 am ET, a key indicator the Federal Reserve uses to guide interest rate decisions. Bitcoin is currently trading ne...
Ethereum (ETH) has delivered over 70% return in Q3, outperforming Bitcoin's 43%, marking more than 1.5 times Bitcoin's gains. However, ETH has historically not outperformed Bitcoin in Q4 since 2021, making the current ETH/BTC ratio near resistance a ...
Federal prosecutors in Massachusetts filed a civil forfeiture case to seize about 110,270 USDT linked to a $900,000 Bitcoin theft from a Massachusetts family trust. The theft occurred after fraudulent texts tricked a trust beneficiary into revealing ...
A Bitcoin wallet inactive for over 15 years transferred 20.43 BTC, now valued at about $1.7 million. The original purchase price was around $3 to $4 per coin, meaning the value has grown by over 2 million percent. The wallet's history includes transa...
Financial adviser Ric Edelman has significantly raised his recommended bitcoin allocation to 10-40% of investment portfolios, up from his previous 1% suggestion. He argues that the traditional 60/40 stock-bond portfolio is outdated, especially as peo...
