News

Spot Bitcoin ETFs record five weeks of net withdrawals, totaling $3.8B

Spot Bitcoin exchange-traded funds (ETFs) have experienced five consecutive weeks of net withdrawals, amounting to a total of $3.8 billion. This trend indicates a significant shift in investor sentiment as funds are being pulled from these investment vehicles. The withdrawals come amid a broader market downturn and regulatory uncertainties surrounding cryptocurrencies. Analysts suggest that the decline in inflows could impact the overall market dynamics for Bitcoin and other digital assets.

Read the full article: Coin Telegraph

Brian Armstrong met with Trump before the president slammed banks over crypto bill

Brian Armstrong, CEO of Coinbase, met with former President Donald Trump shortly before Trump criticized banks for their stance on cryptocurrency regulation. During the meeting, Armstrong discussed the potential impact of regulatory policies on the crypto industry. Following this, Trump publicly condemned banks for their opposition to a proposed crypto

CEO of crypto investment firm Keyrock says bitcoin is undervalued, entering ‘transition year’

The CEO of crypto investment firm Keyrock believes that Bitcoin is currently undervalued and is entering a pivotal "transition year." He suggests that the cryptocurrency market is poised for significant changes, driven by evolving regulatory landscapes and increased institutional interest. Keyrock's CEO emphasizes the potential for

Banking Groups Slam Crypto Bank Kraken’s Fed Approval as Improper, Dangerous

Banking groups have criticized the Federal Reserve's approval of Kraken, a cryptocurrency bank, arguing that it is improper and poses risks to the financial system. They claim that allowing a crypto bank to operate under the same regulations as traditional banks could undermine consumer protections and financial stability.

South Korean Cop Sentenced to Six Years in Prison for Bribes Tied to Crypto Crime: Report

A South Korean police officer has been sentenced to six years in prison for accepting bribes related to cryptocurrency crimes. The officer received approximately $100,000 in bribes from individuals involved in illegal crypto activities. This case highlights ongoing issues of corruption within law enforcement in relation to the growing

Read more

Brian Armstrong met with Trump before the president slammed banks over crypto bill

CEO of crypto investment firm Keyrock says bitcoin is undervalued, entering ‘transition year’

Banking Groups Slam Crypto Bank Kraken’s Fed Approval as Improper, Dangerous

South Korean Cop Sentenced to Six Years in Prison for Bribes Tied to Crypto Crime: Report