US spot Bitcoin ETFs experienced a net outflow of $231 million on June 29, marking the eighth consecutive day of withdrawals and pushing June toward the worst month since their 2024 launch with nearly $4 billion lost. Ethereum spot ETFs also faced pressure with $30 million in outflows. Despite the overall negative trend, ARKB and BlackRock's ETHA attracted fresh inflows, signaling selective investor interest. The sustained outflows are linked to macroeconomic factors like rising interest rates, which favor safer assets over volatile crypto investments. Investors are watching for signs of a market rebound as total Bitcoin ETF assets remain significant at $73.19 billion.
Binance recorded a net inflow of 30.5666 million Tether (USDT) over one hour, indicating that more USDT entered the exchange than left during that period. This inflow is smaller compared to a previous peak of 58.2991 million USDT net inflow on Septem...
The Japanese yen dropped past 158 against the US dollar after traders lowered expectations for another Bank of Japan (BOJ) rate hike in October. This decline keeps yen-funded carry trades attractive since borrowing costs remain low, but it raises the...
Zcash coinholders approved $8.39 million in retroactive grants for completed work this quarter, funding 17 of 37 proposals. Among the largest grants was $1.5 million awarded to Taylor Hornby for discovering a critical vulnerability in the Orchard shi...
NEAR Protocol's price surged 10.2% to $5.38 following the launch of Bitwise's first US spot NEAR exchange-traded fund (ETF), which attracted $35.5 million in capital inflows on its first day. The ETF acquired about 7.2 million NEAR tokens, representi...
In Germany, PayPal does not directly sell Ethereum; users must deposit euros via PayPal into a crypto exchange to buy ETH. This method incurs variable fees revealed only at purchase confirmation and imposes a 72-hour withdrawal lock to mitigate charg...
