Bitcoin ETFs Face $74 Million Outflow as Ether Funds Mark Eighth Consecutive Day of Withdrawals

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The week began with bitcoin ETFs experiencing a net outflow of $74 million, while ether ETFs marked their eighth consecutive day of withdrawals, totaling $12 million. Bitcoin and Ether ETFs Continue to See Capital Outflows The crypto exchange-traded funds (ETFs) market commenced the week with continued outflows, as bitcoin ETFs experienced net outflows totaling $74.19 […]

Coinbase Launches Inquiry Into Costs of SEC’s War on Crypto

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Coinbase CLO Paul Grewal revealed that the company has submitted a FOIA request to gain a complete understanding of the costs and the individuals involved in the SEC’s actions against crypto, focusing on its Crypto Assets and Cyber Unit. Coinbase Submits FOIA Request to Estimate Costs of War Against Crypto Coinbase, one of the largest […]

Economist Torches UK’s Digital Pound: ‘Ill-Fated Venture’ Doomed to Fail

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Economist Neil Record has criticized the UK’s digital pound initiative, calling it an “ill-fated venture” due to a lack of customer demand. Cash Use Decline British businessman and economist Neil Record has described the United Kingdom’s digital pound initiative as an “ill-fated venture” due to a lack of customer demand. Record argues that the digital […]