Spot Ethereum ETFs record longest outflow streak amid drying investments

United States regulator the Commodity Futures Trading Commission (CFTC) is reportedly investigating derivatives giant BitMEX.CFTC wants to know if Americans using BitMEXAccording to sources citing people familiar with the matter speaking to Bloomberg on July 19, the CFTC suspects that BitMEX, which is registered in the Seychelles, allowed U.S. residents to use its platform to…

Bullish sentiment surrounding crypto has not wavered despite the recent market correction that saw Bitcoin fall to sub-$57,000 levels. 458 Total views 17 Total shares Institutional investors were unfazed by the recent correction in the cryptocurrency markets, as digital asset funds dedicated to Bitcoin (BTC) and Ether (ETH) continued to grow, according to data from…

Blockchain is offering global governments a serious alternative to a strained financial system, Ripple CEO Brad Garlinghouse says. Cryptocurrency advocates have long been keen to point to the weaknesses of fiat currency. Now an uncertain world rocked by a global health crisis and geopolitical flare-ups is bringing them into dialogue with the mainstream more than…

Many Bitcoiners believe that 'unlimited money printing' will cause hyperinflation and a major BTC price spike this year — but experts in the U.S. and Australia predict deflation is more likely to be on the cards.The Reserve Bank of Australia, ING Bank, The New York Times and UBS are just a handful of organisations who…

F1 files trademark for 2023 Las Vegas Strip Circuit Grand Prix, listing NFTs and cryptocurrency in a variety of potential goods and services on offer. 78 Total views 4 Total shares Formula One could introduce nonfungible tokens (NFTs), digital collectibles and cryptocurrency payment support ahead of the inaugural Las Vegas Grand Prix in 2023.F1's trademark…

Ethereum’s economy hits new milestones in terms of transfer value and ERC-20 market capitalization. Ethereum’s economic metrics are strengthening as transfer value and ERC-20 market capitalization continue to build momentum.Research by on-chain analytics platform Santiment has revealed that the market capitalization for all ERC-20 based tokens has flipped that of Ethereum itself. It added that…

As a majority stakeholder, About Capital intends to fuel Huobi’s international brand promotion and business expansion among other initiatives. 284 Total views 22 Total shares

Since bottoming around $16,800, Bitcoin (BTC) has displayed resilience throughout 2023, posting over 153% gains year-to-date and $143% over the last 12 months to outperform major tech companies.BTC/USD Daily Chart. Source: TradingViewDespite this impressive performance, the flagship cryptocurrency's price is still 39% below the all-time high (ATH) level reached in November 2021. Meanwhile, Bitcoin continues