Crypto funds bleed: Bitcoin and Ether ETFs shed nearly $1B
Spot Bitcoin ETF outflows jumped over 300% to $533 million on Tuesday, while Ether ETFs doubled their losses to $422 million, adding to a three-day streak of withdrawals. Go to Source
Month: August 2025
Ether trader nearly wiped out after epic run from $125K to $43M
After making nearly $7 million in four months, this savvy trader lost nearly all his gains in just two days, illustrating the unpredictability of the crypto markets. Go to Source
Robinhood Launches Football Prediction Markets Through Kalshi
Robinhood has announced the launch of pro and college football prediction markets within the app, allowing customers to trade on the outcomes of popular football games. Since the introduction of prediction markets last year, over 2 billion contracts have been traded on the platform. The new markets will feature contracts for all regular season pro … Read more
Harvard Professor and Ex-IMF Chief Economist Offers Excuses for Misjudging Bitcoin a Decade Ago
In a recent social media post, Kenneth Rogoff, a former Chief Economist at the International Monetary Fund (IMF), reflected on his earlier prediction that bitcoin was more likely to be valued at $100 than $100,000. Rogoff, a Professor of Economics at Harvard University, acknowledged that he underestimated the U.S. government’s willingness to implement sensible cryptocurrency … Read more
Elon Musk’s ‘America Party’ plans have stalled: Report
Elon Musk will reportedly back Vice President JD Vance in the 2028 presidential elections should he choose to run, The Wall Street Journal reports. Go to Source
Illinois Governor Accuses Trump of Letting ‘Crypto Bros Write Federal Policy’
The Prairie State passed landmark legislation on Monday designed to regulate digital assets and crypto ATMs. JB Pritzker Slams Trump’s Approach to Crypto Policy Democratic Illinois Governor Jay Robert “JB” Pritzker signed two pieces of crypto legislation into law on Monday, then turned around and used the opportunity to slam U.S. President Donald Trump for … Read more
ZK-proofs could protect privacy and still combat bad actors, VC argues
A16z Crypto’s comments come weeks after Roman Storm was found guilty of charges linked to his mixing service Tornado Cash, which masks the origin and destination of crypto. Go to Source
Retail went from bullish to ‘ultra bearish’ as Bitcoin dipped to $113K
Bitcoin retraced to a low of $112,600 as retail panic selling resulted in the most bearish social sentiment since June, but analysts see a buying opportunity ahead. Go to Source
Robinhood sues New Jersey, Nevada over sports contract threats
Robinhood Derivatives has sued New Jersey and Nevada regulators to stop any potential regulatory action over its sports event contracts. Go to Source
Google search interest for “alt season” plunges over 50% from a week ago
Search interest in “altseason” has dropped sharply, with one economist even questioning whether the search spike last week was genuine. Go to Source