Bitcoin spot ETFs experienced $1.79 billion in net outflows for the week ending June 26, marking the second-largest weekly redemption since their January 2024 debut. This outflow is part of a seven-week consecutive streak, the longest since these ETFs launched. BlackRock's IBIT fund led the withdrawals with $1.3 billion, reflecting diminished institutional interest amid Bitcoin's price hovering around $60,000 and a broader crypto market decline. This sustained outflow contrasts with previous short-lived drops, signaling potential ongoing investor caution.
Ireland's Criminal Assets Bureau (CAB) transferred 500 BTC worth $38 million from a decade-old wallet tied to cannabis dealer Clifton Collins. This marks the fourth known recovery from Collins' Bitcoin stash, totaling 2,000 BTC valued at $155 million...
The United States government has filed a civil forfeiture case against approximately 225.36 million USDT, a stablecoin pegged to the U.S. dollar issued by Tether. This legal action names the stablecoins themselves as the defendant property, a method ...
Aptos has integrated Circle's Cross-Chain Transfer Protocol V2 (CCTP V2), enabling USDC transfers to settle in seconds instead of minutes. This upgrade connects Aptos to nine other blockchains and uses a burn-and-mint system to issue native USDC dire...
Uber Technologies maintains a Buy rating amid stock volatility, driven by strong core business and strategic investments. The company is tackling autonomous vehicle risks by investing $10 billion and planning to integrate 120,000 AVs. Uber's global e...
XRP dropped about 5% to $1.38 following Federal Reserve Chair Kevin Warsh's remarks at Jackson Hole, highlighting that 54% of inflation components rose over 3% in the past year. This fueled speculation of a possible rate hike at the September Fed mee...
