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Bitcoin ETFs Record Heavy Outflows, Lose $371 million 

Bitcoin exchange-traded funds (ETFs) have become a critical pulse check of investor sentiment since the U.S. Securities and Exchange Commission (SEC) approved spot Bitcoin ETFs in January 2024.  Yesterday, the Bitcoin (ETFs) in the United States experienced significant outflows, reflecting the bearish sentiment in the market today.  Farside Investors UK revealed that yesterday's net outflow…

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FIFA President Mulls Possible FIFA Token, Eyes the US Market

Fédération Internationale de Football Association (FIFA) President Gianni Infantino disclosed that the football body is considering launching its crypto token and leveraging the massive global market to promote its adoption.  Infantino disclosed this at the White House Crypto Summit Last Friday, which was attended by US President Donald Trump and top crypto executives.  “FIFA is…

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White House Crypto Summit Turns Out to be a Snooze Fest, Disappoints Crypto Community

The much anticipated White House Crypto Summit occurred yesterday, grossly underperforming and disappointing the global crypto community.  The event was a snooze-fest featuring no new information, sparking adverse reactions from the crypto community.  Various reactions on X complained that the summit was bland, lacking substance and concrete outcomes.  The Summit focused more on symbolic gestures,…

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