Grayscale’s ETH ETF outflows could subside this week — Analyst
Ether ETFs posted a net outflow of $98 million on July 29, marking the fourth consecutive day of bleeding — but analysts predict this trend could reverse soon.
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Texas lawmaker seeks to cap state’s proposed BTC purchases at $250M
A House bill filed by a Texas Democrat proposed the state’s comptroller wouldn’t be able to invest more than $250 million in crypto. 1964 Total views 2 Total shares A member of the Texas legislature has proposed a bill that could limit the amount local and state authorities invest in cryptocurrency as a reserve asset.

CME Group taps Google Cloud for pilot asset tokenization program
The companies will start testing the Google Cloud Universal Ledger with capital market participants in 2026. US derivatives exchange operator CME Group is piloting solutions for tokenized assets using Google Cloud Universal Ledger (GCUL), a new distributed ledger that was designed for traditional financial institutions. CME has begun integrating GCUL to improve capital market efficiency

Post-election trading surge bullish for Coinbase earnings: Kaiko
Coinbase is among several top US crypto firms scheduled to report earnings this week.

Huobi Japan Raises $4.6M From FPG to Expand Crypto Trading Business
Licensed crypto exchange Huobi Japan has raised 5 million yen ($4.6 million) from Financial Products Group (FPG), a financial instruments business operator.The development was revealed in a press release shared with Cointelegraph on Oct. 25.Future cooperation on digitized securitiesHuobi Japan is a wholly-owned subsidiary of major Singapore-based crypto exchange Huobi, which serves traders across over…

USDC issuer Circle announces HQ move to New York ahead of IPO
2025 could bring stablecoins into the mainstream, after 2024 introduced a "turning point year in crypto," according to Circle's Allaire.

Bitcoin price recovery possible after record realized losses and leverage flush out create a healthier market
Bitcoin (BTC) price is showing notable resilience at the $17,000 level, and according to data from Glassnode, a number of metrics that track the pace of selling and the on-chain behavior of investors are beginning to show a reduction in the factors that trigger sharp sell-offs.The FTX bankruptcy fueled a historic sell-off resulting in $4.4…

Vale completes iron ore transaction through blockchain
Blockchain helps the other kind of mining. 2668 Total views 19 Total shares Mining firm Vale and its partners completed its first iron sale over blockchain.According to a statement on its website, Vale sold 176,000 tons of iron ore to Nanjing Iron & Steel, sending the material from Malaysia to China.Vale and its partners used…

Bitcoin hash rate continues to rise, but DeFi is under threat: Report
The beginning of 2023 raised hopes that the blockchain industry was on the path toward recovery, but weaker-than-hoped financial performance and a bout of negative news in February have cast doubts on this outlook. However, these headwinds do not affect all sectors of the industry uniformly. Nonfungible tokens (NFTs) and security tokens have managed to…