Crypto investment products see $147M outflows after 3-week inflow streak

Litecoin (LTC) price is down today, mirroring downside moves elsewhere in the crypto market.On July 5, the LTC price dropped over 3% to $100.50. On the same day, the crypto market's overall capitalization fell 2%, suggesting traders have started securing profits at the local tops of multiple cryptocurrencies.LTC/USD daily price chart vs. crypto market capitalization.…

The valuation assumes continued aggressive Bitcoin buying by MicroStrategy.

Web traffic from users worldwide for OpenAI’s ChatGPT declined during the summer months, which could be linked to university-aged users out of school. 300 Total views 1 Total shares The popular artificial intelligence (AI) chatbot ChatGPT has seen a decrease in user traffic worldwide for the third consecutive month this August, according to data from

The Open Ordinals Institute aims to bolster the protocol’s future development as Ordinals inscriptions hit a milestone of 21 million. 101 Total views 2 Total shares A non-profit organization dedicated to growing the development of nonfungible tokens (NFTs) on Bitcoin (BTC) has been launched by the team behind the Bitcoin Ordinals protocol.The California-based nonprofit called…

Mainstream crypto trading interest has been on the rise since fall 2019. 634 Total views 7 Total shares Cryptocurrency has seen a rise in mainstream attention starting last fall — before COVID-19 measures took off, according Floating Point Group, or FPG, an algorithmic trading technology startup conceived at MIT."An increasing portion of our inbound prospects are…

One of Fabio Panetta’s concerns seemed to be how the ECB and lawmakers address the taxation of cryptoassets, describing current requirements as “minimal." 153 Total views 2 Total shares European Central Bank executive board member Fabio Panetta said lawmakers across the world must decide how to regulate cryptocurrencies based on potential risks.In a written statement…

A new analytics firm scores a major contract with the U.S. tax agency, which has been upping its crypto engagement left and right. On Sept. 8, the IRS’s criminal investigation department signed a $249,900 contract with a blockchain analytics firm to expand its crypto tracing tools. The contract provides limited information, but it follows an overarching trend…

“UNI is in an excellent position to be a token for such an oracle,” said Buterin, in reference to decentralized pricing oracles for stablecoins. 13335 Total views 10 Total shares Uniswap’s native UNI token can greatly enhance its utility by becoming a pricing oracle for stablecoins, according to Ethereum co-founder Vitalik Buterin. In a proposal submitted…

The hackers behind the massive Bitcoin ‘giveaway’ scam that hit Twitter are moving funds to gambling and P2P trading platforms. Blockchain forensics firm Ciphertrace has traced funds obtained by the Twitter hackers in the ‘giveaway’ scam to peer-to-peer (P2P) exchanges and crypto gambling sites.On July 21, Ciphertrace reported that 0.2 Bitcoin (BTC) had been transferred…