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Crypto investment products saw $795 million in outflows last week, pushing total withdrawals since February to $7.2 billion. Bitcoin led the exodus, but altcoins like XRP and Ondo managed modest gains. Digital Asset Outflows Hit $7.2 Billion Since February But XRP Defies the Trend Digital asset investment products recorded another tough week, with $795 million … Read more
On Monday, Barron’s reported that Anchorage Digital, the cryptocurrency-focused financial institution, has allegedly drawn scrutiny from a specialized division within the U.S. Department of Homeland Security. Report Claims Anchorage Digital Faces DHS Probe The El Dorado Task Force (EDTF), a financial crimes unit targeting illicit monetary flows, is said to be scrutinizing the bank. Barron’s … Read more
Two major players tied to the OM token—MANTRA’s co-founder and Nomura’s Laser Digital—issued statements Monday distancing themselves from the token’s 90% price drop over the weekend. MANTRA’s Mullin Defends Project After OM Tumbled 90% John Patrick Mullin, co-founder of MANTRA, addressed the token collapse in a blog post, saying the incident was allegedly triggered by … Read more
The MANTRA crypto project is embroiled in controversy after its OM token crashed 90% on Sunday, with investors alleging an insider dumped its holdings, wiping out an estimated $5 billion in market value. MANTRA Blames ‘Reckless Liquidations’ for OM Token’s Historic Crash MANTRA, known for tokenizing real-world assets (RWAs) and its partnerships with Google Cloud … Read more
Three years after Ethereum’s London Hard Fork aimed to curb supply growth, the network remains inflationary, defying initial deflationary promises. Ether’s Deflation Promise Continues to Remain Unmet As of April 13, 2025, Ethereum’s net ETH supply has grown by 0.805% annually since the London Hard Fork in August 2021, with 3,477,830.85 ETH added to circulation. … Read more
Bitcoin’s valuation in South Korea took an interesting turn last week, dipping into a discount amidst the dramatic volatility rocking global financial systems. This marked the first instance of such a discount in nearly four months, breaking a streak where the country consistently observed a premium. Trump’s Tariffs Spark Unusual Bitcoin Discount in South Korean … Read more
Blackrock posted strong Q1 2025 results, driven by record exchange-traded fund (ETF) inflows and expanding tech service revenues. The firm saw $84 billion in net inflows and a 12% revenue increase, highlighting growing investor demand across asset classes. Blackrock’s Q1 Earnings Soar with Record Ishares ETF Demand Blackrock kicked off 2025 with a robust first … Read more
Hong Kong’s Securities and Futures Commission (SFC) has approved the Bosera Hashkey Ether exchange-traded fund (ETF) to engage in ethereum staking, marking a first for the Asia-Pacific region. Milestone for Hong Kong: Ether ETF Cleared for Staking Activities The Bosera Hashkey Virtual Asset Ether ETF (stock codes: 3009.HK/9009.HK), jointly managed by Bosera International and Hashkey … Read more
Local media reports that several companies, including Microsoft and EY, have reduced the number of employees working on drex-related solutions. This reduction is due to the central bank’s lack of support for these initiatives during the second phase of the CBDC pilot. Brazilian CBDC Pilot Drex Affected by Company Withdrawals Following Resource Cutbacks Drex, the … Read more
James Toledano says bitcoin’s measured response to a significant sell-off, triggered by U.S. “reciprocal” tariffs, highlights its growing maturity as a macro asset. Bitcoin Is a Maturing Macro Asset After weeks of seemingly moving in tandem with equities and other traditional assets, bitcoin ( BTC) showed a measured reaction to a historic sell-off sparked by … Read more
