The spot ETF catalyst for bitcoin has faded, putting added import on macro factors Inflation data coming Tuesday and Wednesday is likely to set at least the short-term tone for the market. Bitcoin (BTC) has managed a modest rally over the past 72 hours after an ugly close to last week, but three major economic
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The Hong Kong-listed spot crypto ETFs saw huge outflows on Monday, data from Farside Investors shows. Investors pulled nearly $40 million out of the six spot bitcoin and ether ETFs on the first day of the week. The Hong Kong-listed spot bitcoin and ether exchange-traded funds (ETFs) saw heavy outflows on Monday following bitcoin’s drop
FalconX will pay $1.8 million to settle newly-announced charges from the Commodity Futures Trading Commission (CFTC) that the crypto trading firm violated commodities laws by failing to register as a futures commission merchant (FCM), according to a Monday announcement from the regulator. Through its “Edge” product, FalconX acted as a crypto prime broker, offering institutional
With all due respect to Molly Jane Zuckerman and Jeff Albus, the co-authors of a recent Blockworks column discounting the idea of voting for pro-crypto politicians in the upcoming election in the U.S., voting your conscience is a good thing. Despite the headline (“Only a fool would vote on crypto alone”), the piece was fairly
The White House says a Chinese crypto-mining operation set up shop within a mile of a U.S. nuclear missile base without getting proper clearance. The order to shut it down said it's using foreign-source technology that poses national-security concerns. President Joe Biden ordered a cryptocurrency mining facility near Warren Air Force Base in Wyoming to
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