Category: News
Latest crypto news. Do not miss what is happening in the cryptocurrency market.
Crypto Funds Suffer a $435M Outflow: Report
Reading time: < 1 minuteAccording to Coinshares analysts, in the past week, investment firms and asset managers pulled out $435 million from funds that specialize in digital currencies.
Coinbase Integrates Lightning Network for BTC Payments
Reading time: < 1 minuteCoinbase has announced the introduction of support for the Lightning Network.
US Court Sentences Changpeng Zhao to Four Months in Prison
Reading time: < 1 minuteFormer Binance CEO Changpeng Zhao received a four-month prison sentence in Seattle on Tuesday after pleading guilty to breaking anti-money laundering laws.
MicroStrategy Keeps Buying Bitcoins
Reading time: < 1 minuteMicroStrategy reported a $53.1 million loss in the first quarter of 2024. Despite the loss, the company continued to acquire more Bitcoin in April.
Bernstein: Inflows Slowdown into Bitcoin ETFs is Temporary
Reading time: < 1 minuteThe slowdown in revenues for the Bitcoin ETF will only be temporary.
Hong Kong’s Crypto ETFs Trading Volume Hits $6.3M on First Trading Day
Reading time: < 1 minuteThe six newly launched Bitcoin and Ether exchange-traded funds (ETFs) in Hong Kong collectively recorded a trading volume of approximately HK$49.4 million ($6.3 million).
Santiment: We Could See an Altcoin Rally Soon
Reading time: < 1 minuteThe costs associated with using Ethereum’s network, known as gas fees, have dropped to the lowest point in six months, despite a slight increase in the value of Ether over the weekend.
Morgan Creek Capital CEO: We Are Seeing a New Phase of Capital Entry into Cryptocurrencies
Reading time: < 1 minuteMorgan Creek Capital’s CEO, Mark Yusko, predicts that Bitcoin has the potential to reach $250,000 in value.
IMF: Bitcoin Has Potential as an Economic Driver
Reading time: < 1 minuteIn a new report, the International Monetary Fund (IMF) analyzed the impact of the first cryptocurrency on global markets.
Fidelity’s Spot Bitcoin ETF Suffers its First Outflows Ever
Reading time: < 1 minuteAccording to data from SoSoValue, Fidelity’s spot Bitcoin ETF experienced a daily net outflow of $22.61 million on Thursday, marking the first time since its January listing that it saw more funds move out.
