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On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows amounting to $488.1 million, with Fidelity’s FBTC leading the way. These inflows marked the 17th consecutive day of contributions from the 11 publicly traded funds. U.S. Spot Bitcoin ETFs See More Inflows on 17th Consecutive Winning Day U.S. spot bitcoin ETFs have been enjoying a … Read more
Turkish Treasury and Finance Minister Mehmet Simsek has stated that there are no current plans to impose taxes on profits from cryptocurrencies. However, he mentioned that the government is considering implementing a “very limited” transaction tax on these assets, though the specifics have not been determined. This statement was made to clarify earlier reports by … Read more
Bitcoin could be preparing an attack on liquidity at the $72,000 BTC price resistance line as the European Central Bank enacts its first interest rate cut in four years. Go to Source
BTC price discovery is all but a given now that global liquidity is breaking into undiscovered territory, Bitcoin analysis suggests. Go to Source
After months of stagnation and sideways price movement, Bitcoin is starting to show signs of speculative activity once again. This renewed interest comes on the heels of a false alarm concerning the distribution of Mt. Gox supply, providing a useful lens for analyzing market reactions using on-chain data. After months of apathy and sideways price … Read more
The U.S. Federal Bureau of Investigation (FBI) issued an alert on June 4, highlighting a surge in cryptocurrency-related fraud involving bogus work-from-home opportunities. Scammers impersonate legitimate businesses and lure individuals with seemingly simple tasks like clicking buttons or rating services, promising payment through complex and deceptive crypto-based compensation structures. Victims are often tricked into making … Read more
Riot shares recovered from more than a 9% dip in the first hour of trading following a damning report from short seller Kerrisdale Capital. Go to Source
The 2024 BNY Mellon Wealth Management Study reveals a divided perspective among family offices regarding cryptocurrency investments. Approximately 39% of the surveyed family offices are either actively investing in cryptocurrencies or considering them, highlighting a keen interest in this modern asset class. These offices are motivated by the desire to stay abreast of new investment … Read more
Paolo Ardoino of Tether and Bobby Ong of Coingecko have warned of a potential supply chain attack on the crypto industry. They reported that a prominent vendor managing mailing lists for crypto companies may have been compromised, urging caution against phishing emails related to fake crypto airdrops. ‘Beware of Any Emails Suggesting Crypto Airdrops’ Paolo … Read more
The president of Ripple Labs has criticized the U.S. Securities and Exchange Commission (SEC)’s approach to regulating the crypto sector, emphasizing that the regulator is on a “warpath” with the industry. She highlighted the inefficiency of the current approach, stating: “This whole dynamic of setting rules through enforcement … is really unproductive and not getting … Read more