The nine U.S. spot Ethereum exchange-traded funds (ETFs) recorded a net outflow of $50.1 million, continuing a three-day outflow streak.  The Ethereum ETFs losing funds for three days align with the general market sentiment and conditions.  The Market downturn reflects on the ETF, with Bitcoin ETFs losing a staggering $937 million on the same day. …

The 11 U.S. spot Bitcoin exchange-traded funds (ETFs) recorded their highest single-day net outflows, with a staggering $937.78 million withdrawn from the funds.  The figure recorded yesterday surpasses the $680 million set on December 19, 2024.  The massive outflow aligns with the current Market Sentiment, as Bitcoin's price dipped below $90,000 for the first time…

Robinhood met with the SEC’s Crypto Task Force, urging clear regulations for digital assets and criticizing the agency’s case-by-case litigation approach. Robinhood Challenges SEC’s Case-by-Case Crypto Regulation Robinhood Markets Inc. met with the SEC’s Crypto Task Force on February 19 to advocate for a structured regulatory framework for digital assets. The meeting addressed key issues…

DOJ launches an investigation into Argentina’s President Javier Milei’s ties to the Libra cryptocurrency project, examining potential fraud and influence peddling. U.S. Authorities Probe Allegations of Fraud in Libra Crypto Project The U.S. Department of Justice (DOJ) has reportedly opened an investigation into President Javier Milei’s involvement in the promotion of the cryptocurrency Libra and…

BlackRock has transferred $204 million in Bitcoin and Ethereum to Coinbase Prime, sparking speculation about its crypto strategy. Analysts suggest portfolio rebalancing or ETF-related adjustments. Bitcoin and Ethereum Adoption BlackRock, the world's largest asset manager, has transferred approximately 1,800 Bitcoin (BTC) and 18,168 Ethereum (ETH) to Coinbase Prime, totaling around $204 million. The move has…

Bitdeer Technologies Group posted a $532 million net loss for Q4 2024, citing major investments in proprietary mining hardware development as it pursues vertical integration in the Bitcoin mining sector. Revenue Decline and Rising Costs The company's quarterly revenue dropped 40% year-over year to $69.0 million, with gross profit plummeting from $27.0 million in Q4…

A Chinese man lodged in a Luxury Hotel in Jeju, South Korea, was attacked and killed by four assailants while trading crypto.  Officers from Jeju West Police Station found the body of the deceased on Feb 24 and have currently arrested four anonymous Chinese nationals in connection to the case.  The arrested Chinese nationals are…

The Bybit Hackers laundered an additional 45,900 ETH ($113 million) in the last 24 hours.  This takes the total tally of money laundered from the Bybit Hack to 135,000 ETH ($335 million) in less than a week.  The Bybit hackers still have 363,900 ETH ($900 million) in their wallets. The remaining funds will take an…

Crypto platforms in Europe are enforcing strict KYC measures for transfers, linked to the Travel Rule, causing delays and compliance challenges.

The SEC ends its investigation into Uniswap Labs without charges, while the CFTC fines the company $175,000 for commodity violations.