The nine spot, Ethereum ETFs, recorded a net outflow of $12.1 million, reflecting a cautious stance among investors and a persistent drop in Investor activity for Ether ETFS. This marked a slowdown from the previous week’s heavier outflows, which exceeded $293 million  Ethereum’s price hovered around $2,092, down from recent highs, aligning with the general…

Crypto market drops as Bitcoin, Ethereum, and XRP decline, amid concerns over Trump’s trade tariffs and inflation fears.

U.S. lawmakers introduce the Crypto ATM Fraud Prevention Act to combat rising scams. The bill mandates fraud warnings, transaction limits, and refunds for victims while holding crypto ATM operators accountable. New Bill Proposes Fraud Warnings, Transaction Limits, and Refunds for Victims U.S. lawmakers have introduced the Crypto ATM Fraud Prevention Act to combat the rising…

Raise secures $63M in funding, backed by PayPal, to expand its blockchain-based Smart Cards system, enhancing gift card security, programmability, and fraud prevention. Raise Aims to Revolutionize the Gift Card Market With Smart Cards with Paypal Chicago-based gift card marketplace Raise has secured $63 million in funding, led by Haun Ventures with participation from PayPal,…

BDACS partners with Ripple to expand institutional crypto custody in South Korea, integrating Ripple Custody for secure storage of XRP, RLUSD, and other digital assets. BDACS, South Korea’s first regulated custodian for institutional digital assets, has announced a strategic partnership with blockchain firm Ripple. This alliance aims to expand secure custody services for XRP, RLUSD,…

Bitcoin miner MARA reports a 69% revenue increase in 2024, driven by Bitcoin’s price surge and strategic expansion into AI and energy infrastructure. MARA’s Q4 Revenue Hits Record $214.4 Million Bitcoin mining firm Marathon Digital Holdings reported a 69% year-over-year revenue increase in 2024, reaching $656.4 million, compared to $387.5 million in 2023. The…

Bitcoin ETFs face $755 million in outflows over seven consecutive days, while Ether ETFs see five days of losses, reflecting bearish investor sentiment. Bitcoin and Ether ETFs Experience Continued Investor Withdrawals Bitcoin exchange-traded funds (ETFs) recorded a seventh consecutive day of outflows on Wednesday, Feb. 26, with investors pulling out a total of $755 million.…

MEXC invests $20 million in USDe to boost stablecoin adoption and DeFi innovation, launching a $1 million rewards campaign to drive user engagement. Crypto Exchange Aims to Expand DeFi Innovation with Strategic Investment of $20 Million MEXC, a global cryptocurrency exchange, has announced a $20 million investment in USDe, the Ethereum-based synthetic dollar issued by…

Venture capitalist Vance Spencer criticizes U.S. proposals to restrict international stablecoin issuers from accessing the Treasury market, warning it could weaken dollar dominance. Read more on the stablecoin regulation debate. Venture Capitalist Warns of Negative Impact on U.S. Dollar Hegemony Vance Spencer, co-founder of Framework Ventures, has criticized efforts to restrict international stablecoin issuers from…