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Bitcoin ETFs Shed $243M as Crypto Market Rally Cools

Bitcoin exchange-traded funds (ETFs) have experienced a significant outflow, shedding $243 million as the recent rally in the cryptocurrency market begins to cool. This decline follows a period of heightened interest and investment in Bitcoin, driven by optimism surrounding potential regulatory approvals and institutional adoption. Analysts suggest that the cooling market may be prompting investors to reassess their positions and take profits. Despite the outflows, Bitcoin's price remains relatively stable, indicating a potential consolidation phase. The overall sentiment in the crypto market is cautious as investors await further developments.

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Robinhood Offers Prediction Market 'Custom Combos'—But Don't Call Them Parlays

Robinhood has introduced a new feature called "Custom Combos," allowing users to create personalized prediction markets on various events. Unlike traditional parlays, these Custom Combos enable users to combine different outcomes into a single bet, enhancing the flexibility of betting options. The feature aims to attract more users

DTCC 'Not Building Walled Gardens' for Tokenization, Says Digital Assets Head

The Digital Asset Head of the Depository Trust & Clearing Corporation (DTCC) emphasized that the organization is not creating isolated systems for tokenization in the cryptocurrency space. Instead, DTCC aims to promote interoperability and collaboration among various digital asset platforms. The focus is on developing a framework that supports seamless

Lack of liquidity is a growing concern in crypto, says Auros' Jason Atkins

Jason Atkins, CEO of Auros, has highlighted a significant concern regarding the lack of liquidity in the cryptocurrency market. He notes that this issue is becoming increasingly pronounced, particularly as trading volumes decline and market participants become more cautious. Atkins emphasizes that reduced liquidity can lead to greater price volatility

Cathie Wood calls bitcoin 'good source of diversification' for investors seeking higher returns

Cathie Wood, CEO of ARK Invest, has highlighted Bitcoin as a valuable diversification tool for investors aiming for higher returns. She emphasized that Bitcoin's unique properties make it an appealing asset, especially in the current economic climate. Wood believes that incorporating Bitcoin into investment portfolios can enhance overall

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Robinhood Offers Prediction Market 'Custom Combos'—But Don't Call Them Parlays

DTCC 'Not Building Walled Gardens' for Tokenization, Says Digital Assets Head

Lack of liquidity is a growing concern in crypto, says Auros' Jason Atkins

Cathie Wood calls bitcoin 'good source of diversification' for investors seeking higher returns