GBTC drives $227M Bitcoin ETF outflows
Bitcoin (CRYPTO:BTC) exchange-traded funds recorded US$226.8 million in net outflows during the week.
Bitcoin (CRYPTO:BTC) exchange-traded funds recorded US$226.8 million in net outflows during the week.
Robinhood Markets added spot trading for GRAM, enabling users to buy, sell and hold the cryptocurrency directly through its retail trading platform.
Grayscale Investments said Bitcoin (CRYPTO:BTC) could improve relative to equities if the Federal Reserve refrains from raising interest rates.
Crypto-backed political action committees reported spending more than US$8 million on media and campaign support for candidates contesting congressional primary elections.
Aztec, a privacy-focused Ethereum (CRYPTO:ETH) layer-2 network, reached Stage 2 status on L2Beat after an on-chain governance action revoked ownership of its rollup contract.
KuCoin announced the expansion of KuCoin Pay into Argentina and Peru, allowing cryptocurrencies and stablecoins to be used through established QR-code payment networks.
Chainlink (CRYPTO:LINK) launched APAC Equities Streams, a new oracle service providing on-chain pricing data for major Asia-Pacific listed companies including Samsung, SK Hynix, Toyota, Sony and SoftBank.
Cryptocurrency exchange OKX and Intercontinental Exchange announced a proposed joint venture that will be co-chaired by former New York Governor Andrew Cuomo and focused on digital asset infrastructure.
Thailand's Department of Special Investigation expanded a probe into an alleged transnational network accused of using illegal cryptocurrency mining operations to launder more than US$300 million annually from online scams, gambling and cybercrime activities.
The Commodity Futures Trading Commission (CFTC) launched a public consultation seeking feedback on round-the-clock futures trading and perpetual contracts tied to physically delivered energy commodities such as crude oil.
Strategy acquired 520 Bitcoin (CRYPTO:BTC) for US$34.9 million and increased its US dollar reserve by US$300 million, bringing total holdings to 847,363 BTC and reserve assets to US$1.4 billion.
Standard Chartered's Daniel Lam says the US equities market is "probably going to have a little bit of mild correction, not a lot, or stay around the current levels." He also tells Bloomberg Television that "the next area of this AI cycle is going to be the internet stocks."