$1.82B pulled from spot Bitcoin and Ether ETFs amid metals rally
ETF analyst Eric Balchunas said many people seem to be forgetting that Bitcoin “spanked everything so bad” in 2023 and 2024, while other asset classes “still haven’t caught up.”
ETF analyst Eric Balchunas said many people seem to be forgetting that Bitcoin “spanked everything so bad” in 2023 and 2024, while other asset classes “still haven’t caught up.”
Ripple co-founder Chris Larsen and venture capitalist Tim Draper are backing Grow California, a new political effort aimed at countering union-backed wealth tax proposals.
The US Treasury has sanctioned two UK-registered crypto exchanges tied to Iran’s financial system, marking the first time Washington has targeted digital asset platforms.
Activity on Solana has spiked as new AI tech makes it easier than ever to launch memecoins. Meanwhile, Ethereum is plugging away at future-proofing and bringing down fees.
A final court order transfers the legal title of seized cryptocurrency and assets to the US government, closing a case tied to Helix’s operations from 2014 to 2017.
Bybit’s upcoming neobank launch via Tether-backed Pave Bank highlights the regulatory hurdles and challenges that crypto exchanges face when entering traditional finance.
The shift will take Binance’s insurance-style fund out of US dollar-pegged assets and into Bitcoin within 30 days, raising questions about user protection.
BTC could drop to as low as $50,000 in the worst-case scenario after BTC price failed to hold the important $84,000 support level.
Still, Bitcoin often rebounds toward its energy value after long downtrends, with one model pointing to a fair price near $121,000.
The move comes as the Ethereum Foundation enters a period of “mild austerity” while sticking to its core technical roadmap, Buterin said.