On April 9, U.S. Bitcoin ETFs experienced net outflows of $127 million, extending their losing streak to five days. Despite President Trump’s announcement of a 90-day pause on new tariffs, the outflow trend continued, reaching nearly $800 million over five ...
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The Bank of England’s Financial Policy Committee (FPC) has raised alarm over the increasing risks associated with stablecoins and unbacked cryptocurrencies. During meetings on April 4 and April 8, the FPC noted a significant rise in stablecoin and crypto activity ...
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BPay Global, a Binance subsidiary, has received a Payment Service Provider license from the Central Bank of Bahrain, allowing it to offer regulated fiat services in Bahrain. This license enables BPay Global to facilitate fiat top-ups, withdrawals, custodial services, and ...
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The March Consumer Price Index (CPI) numbers are in, offering a more optimistic view of U.S. inflation rates. The CPI rose by 2.4% year-over-year, slightly below the expected 2.5%, while the Core CPI increased by 2.8%, also under the 3% ...
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**Ripple vs. SEC: Key Developments Anticipated** The Ripple community is closely watching as April 16 approaches, the date when Ripple’s appellate brief is due. Legal expert Fred Rispoli estimates a 90% likelihood that Ripple will announce a settlement or withdrawal ...
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In a recent blog post, VanEck’s Head of Digital Assets Research, Matthew Sigel, revealed that China and Russia have started using Bitcoin and other digital currencies for some energy transactions. This move is part of a broader trend among nations ...
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Paul Atkins has been confirmed as the new chair of the U.S. Securities and Exchange Commission (SEC) after a 52-44 Senate vote on Wednesday evening. His leadership marks a shift towards a more market-friendly approach, especially in the realm of ...
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South Korean police have uncovered an illegal gambling operation disguised as a cryptocurrency mining center in Gwangju, South Jeolla Province. The Gwangsan Police Station reported on April 9 that officers are interrogating the operator, suspected of violating the Game Industry ...
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**Congressman Troy Downing Criticizes Former SEC Chair Gary Gensler Over Digital Asset Regulation** In a recent U.S. House Committee on Financial Services hearing, Congressman Troy Downing (R-MT) criticized former SEC Chair Gary Gensler for his approach to regulating digital assets. ...
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**Magic Eden Expands Beyond NFTs with Slingshot Acquisition** Magic Eden, a renowned NFT marketplace, has acquired the crypto trading app Slingshot in a strategic move to broaden its platform beyond NFTs and digital assets. The acquisition, announced via a press ...
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