Tag: Crypto

Crypto ETPs log five straight weeks of inflows, topping $4B

Crypto asset ETPs just notched a fifth straight week of inflows, lifting five-week net flows above $4B and pushing AUM near $155B despite sharp midweek outflows. CoinShares said that digital asset ETPs took in $117.8 million last week, extending their…...
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Aave court motion rejects North Korea ETH claim

Aave court motion filed today in New York asks a federal judge to unfreeze $71 million in ETH. Aave LLC filed an emergency motion today in the Southern District of New York to vacate a restraining notice blocking 30,765 ETH,…...
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Circle Shares Jump 20% as Lawmakers Reach Stablecoin Deal

Circle Internet Group’s stock jumped nearly 20% on Monday after two US senators announced a bipartisan compromise on one of the most contentious issues holding up federal crypto legislation. The deal, months in the making, drew loud opposition from the banking industry within hours of its release. Lawmakers Push...
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K Wave Media rejects Bitcoin for AI data centres

K Wave Media reversed its $485 million Bitcoin treasury plan today, redirecting funds to AI data centres and GPUs K Wave Media scrapped its Bitcoin treasury strategy on May 5 and redirected the capital to AI data centres and GPU…...
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US Debt Tops 100% Of GDP: Is This The Signal For Bitcoin To Run?

Bitcoin (CRYPTO: BTC) is increasingly seen as a national security tool, sparking a debate about how Bitcoin will integrate in times of rising sovereign debt. U.S. Debt Crossed 100% Of GDP Post-WWII Threshold U.S. public debt has topped 100% of GDP for the first time since 1946 when the...
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Here’s What Triggered The Bitcoin Price Decline Before The Recent Bounce

Before its recent rebound, the downturn in Bitcoin’s price was attributed to several factors that significantly hampered its performance. However, one of these factors stood out the most during the downtrend, and that was heightened selling pressure in the market. Bitcoin Was Hampered By Selling Pressure During the Bitcoin...
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