TLDR Bitcoin ETFs saw $582M net outflows on Wednesday – second highest ever Ethereum ETFs experienced $159.3M in outflows Fidelity’s FBTC led outflows with $258M withdrawn Bitcoin price dropped to $92,500 amid macro concerns December 2024 saw ETFs purchase 51,500 BTC vs 13,850 BTC mined U.S.-listed cryptocurrency ETFs experienced substantial withdrawals on Wednesday, with Bitcoin …
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Crypto stakeholders have criticized the outgoing Securities and Exchange Commission (SEC) Chair Gary Gensler for his continued hostility toward the crypto industry. In a recent Bloomberg interview, Gensler reiterated his concerns about the emerging industry, claiming that it was “rife” with bad actors. Gensler defends SEC legacy According to him, the financial regulatory agency made …
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The bankrupt FTX exchange has challenged the announced sale of its European subsidiary, FTX EU, to Backpack, a crypto platform founded by former FTX employees. In a Jan. 8 statement, FTX clarified that its subsidiary FTX Europe AG wholly owns FTX EU. The company stated that the anticipated transfer of FTX EU shares to former …
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Bitcoin’s price dropped sharply below $95,000 on Jan. 8, erasing gains made earlier in the week when it briefly surpassed $100,000. Data from CryptoQuant reveals that short-term holders (STHs)—investors holding Bitcoin for less than 155 days—were key players in this sell-off. Over 26,000 BTC valued at more than $2.4 billion were moved to exchanges at …
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Frank Richard Ahlgren III, an early adopter of Bitcoin (BTC), has been directed by a Texas court to relinquish access to his crypto wallets, BNN Bloomberg reported on Jan. 7. According to the report, Ahlgren was ordered to provide the private keys, seed phrases, and any devices used to store his digital assets. This comes …
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According to DB News, the U.S. government has been granted clearance to liquidate 69,370 BTC seized from the Silk Road marketplace following a federal judge’s ruling on Dec. 30. Silk Road Bitcoin cleared for sale The Department of Justice (DOJ) sought expedited permission to sell, citing price volatility as a key reason for avoiding further …
The Nigerian securities regulator has cautioned that some applicants for virtual asset service provider (VASP) licenses do not meet regulatory requirements. SEC Welcomes Stakeholder Feedback The Director-General of the Nigerian Securities and Exchange Commission (SEC), Emotimi Agama, warned that some virtual asset service provider (VASP) license applicants do not meet the regulator’s requirements and will …
Glassnode recently disclosed that the bitcoin market shifted to a new phase this year, following the rise to over $100K experienced after President Donald Trump’s victory in the polls. Glassnode states that the movements of whales indicate that a distribution phase has already started. Glassnode Numbers Suggest Crypto Markets Are Entering a Distribution Phase Glassnode, …
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A group of insiders at the FDIC has blown the lid on a coverup of the agency’s procedures to avoid having its Operation Chokepoint 2.0 linked documents released through FOIA requests. Additionally, the institution would run disinformation campaigns against its detractors on social media. FDIC Shenanigans Allegedly Exposed: Hiding Documents in Operation Chokepoint 2.0 Coverup …
Europe faces mounting pressure to secure its financial future as reliance on U.S. and Chinese payment giants grows, with China’s digital currency threatening dominance. Europe Risks Payment Dependence on China and U.S.—Digital Euro Is Key to Sovereignty A member of the executive board of Germany’s central bank, Burkhard Balz, highlighted the digital euro’s role in …
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Real Vision’s chief digital assets analyst Jamie Coutts believes Bitcoin (BTC) will be at a significantly higher price six months from now. Coutts tells his 32,400 followers on the social media platform X that the Fed will likely make additional rate cuts in the near future that would inject more liquidity into the markets and …
HodlX Guest Post Submit Your Post In the constantly evolving world of finance, crypto lending has emerged as a revolutionary alternative to traditional banking systems. Offering a blend of innovation and efficiency, it bridges the gap between DeFi (decentralized finance) and TradFi (traditional financial) systems. While the promise is vast, navigating its complexities is crucial …
Economic collapse is here, warns Rich Dad Poor Dad author Robert Kiyosaki, urging investors to seize assets like bitcoin as markets crash. Robert Kiyosaki Declares Crash is Upon Us—Bitcoin is His Weapon of Choice Robert Kiyosaki, author of Rich Dad Poor Dad, has reiterated his predictions of an economic collapse, referencing insights from his 2013 …
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A New York federal court has paused the SEC’s case against Coinbase, granting a rare appeal that could reshape how securities laws apply to crypto. Coinbase Secures Key Legal Victory in SEC Case A federal court in New York has certified an order for interlocutory appeal in the U.S. Securities and Exchange Commission’s (SEC) case …
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A dinner between Ripple’s leadership and President-elect Trump has sparked speculation that Ripple’s legal battle with the SEC may soon conclude, potentially reshaping crypto regulation. Ripple’s Trump Meeting Could End SEC War – Is XRP About to Skyrocket? Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty attended a private dinner with President-elect Donald …
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