Yesterday, US spot Bitcoin ETFs report $130 million in net inflows, largest influx in three weeks
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SEC sues Silvergate Bank for securities fraud in Federal Court
Silvergate settles charges with SEC over its crypto dealing, to pay $50M penalty
German government moves additional $94 million worth of Bitcoin to exchanges
Sony gets ready to launch crypto exchange in Japan with acquired Amber platform
Currently, the BTC weekend trading volume stands at an all-time low of 16% in 2024, marking a 12 percentage point decrease from its peak of 28% in 2019
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Читать полностью…South Korean crypto VC Hashed expands presence to Abu Dhabi: report
U.S. regulators may approve spot Ethereum ETFs for trading by July 4
US Government sends 3,940 BTC (~$240M) to Coinbase a day after getting approval to sell by Judge
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Читать полностью…While some similar macro factors may influence both Bitcoin and equities, their correlation remains low, despite a slight increase from zero to 0.26 (90-day rolling).
The US dollar index, likely driven by other macro factors (inflation, interest rate differentials, etc.), has been more important for correlations to BTC than equities
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Circle snags first stablecoin license under EU's new MiCA crypto rules
Digital asset investment products saw a third consecutive week of outflows totalling $30m, with last week indicating a significant stemming of the outflows.
In contrast to prior weeks, most providers saw minor inflows, although this was offset by incumbent Grayscale seeing $153m outflows
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IRS finalizes controversial tax reporting rule for brokers, punts decision on DeFi
SEC sues Consensys over MetaMask staking, broker allegations
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Читать полностью…Coinbase sues SEC, FDIC over FOIA requests, says federal regulators trying to cut out crypto
Since October, Bybit’s market share has surged from 8% to 16%, surpassing Coinbase in March to become the second-largest exchange after Binance
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Crypto firm Abra reaches settlement with US states for operating without licenses, will return up to $82M to US customers
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