Bitcoin ETFs shed $1.3B over 2 weeks amid market slump

Bitcoin ETFs have seen outflows of $1.3 billion Bitcoin in the last two weeks of trading, but analysts expect markets to rally higher in the coming months.

Bitcoin ETFs shed $1.3B over 2 weeks amid market slump

Outflows from United States spot Bitcoin exchange-traded funds (ETFs) reached $1.3 billion over the last two weeks as the price of Bitcoin continues to decline.  According to data...

2 months ago

FCA busts suspects in $1.2B illegal crypto asset business

FCA arrests two suspects involved in a $1.2 billion illegal crypto asset exchange, highlighting the agency’s efforts to combat financial crime.

FCA busts suspects in $1.2B illegal crypto asset business

The Financial Conduct Authority (FCA) in the United Kingdom 

2 months ago

Roaring Kitty buys another 4M GME stocks, birthing conspiracy theory

Keith Gill, known as Roaring Kitty, buys 4 million more GameStop (GME) shares, increasing his holdings to over 9 million shares worth $262 million.

Roaring Kitty buys another 4M GME stocks, birthing conspiracy theory

Stock trader Keith Gill, famous for his involvement in the GameStop (GME) short squeeze, has bought more shares of GME.  Gill, known online as “Roaring Kitty” and &ldq...

3 months ago

Ripple Labs closes Standard Custody acquisition deal

Jack McDonald will remain CEO of Standard Custody while also serving in his new role as senior vice president of stablecoins at Ripple.

Ripple Labs closes Standard Custody acquisition deal

Ripple Labs closed its acquisition of Standard Custody, a digital asset custodian, on June 11. The deal, first announced earlier this year, is central to Ripple’s planned rollout of a Unit...

3 months ago

Citron no longer short on GME, cites ‘market’s irrationality’

The announcement comes shortly after GME stock rose above the $30 mark.

Citron no longer short on GME, cites ‘market’s irrationality’

Citron Research, one of the most prominent GameStop short sellers, is no longer short on GameStop (GME) stock. The popular short seller closed its GME short position concerning “...

3 months ago

How Web3 is transforming global regulatory frameworks

At the 2024 Proof of Talk event in Paris, France Jenny Johnson CEO of Franklin Templeton and Mo Shaikh the founder of Aptos explained the protocol economy’s impact on regulators.

How Web3 is transforming global regulatory frameworks

The 2024 edition of the Proof of Talk conference filled the grand hallways of the Louvre Palace in Paris, France, with some of the biggest names and thought leaders in the Web3 space.  ...

3 months ago

Big shorters are betting $6.9B against MicroStrategy stocks

Short-sellers have wavered this year as MicroStrategy stock skyrocketed 469% over the past six months, but a few major institutions are holding out hope for a correction.

Big shorters are betting $6.9B against MicroStrategy stocks

Several institutions are still holding out for a decline in the stock price of Michael Saylor’s software intelligence firm MicroStrategy, with $6.9 billion in major short positions. 

3 months ago

Jack Dorsey’s Block to raise $1.5B in senior notes offering

Fitch Ratings notes that Block has used convertible debt for external funding since its IPO and is well-positioned to exploit the growth in payments and consumer financial services.

Jack Dorsey’s Block to raise $1.5B in senior notes offering

Fintech firm Block (formerly Square) announced plans on May 6 to issue $1.5 billion in senior notes through a private placement to qualified institutional investors.  Th...

4 months ago

Top Crypto Gainers Today Apr 21 – Arkham, Ocean Protocol, Worldcoin, Siacoin

ARKHAM'S INTEL EXCHANGE EMPOWERS ON-CHAIN RESEARCHERS

Top Crypto Gainers Today Apr 21 – Arkham, Ocean Protocol, Worldcoin, Siacoin

Bitcoin’s fourth halving, completed after mining its 840,000th block, saw prices initially hovering above $63,000. Shortly after, a modest retreat occurred, marking a significant mile...

4 months ago

Crypto Twitter reacts as Russian gov’t reviews finalized crypto bill

Russia’s finance ministry shared the amended and finalized crypto bill with the government, which recommends using cryptocurrencies as legal tender.

Crypto Twitter reacts as Russian gov’t reviews finalized crypto bill

The Ministry of Finance (MinFin) of Russia finalized a draft bill named “On Digital Currency” and has sent it to the Russian government for approval to be passed as law. Th...

5 months ago

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