U.S. spot Bitcoin exchange-traded funds returned to net outflows on Wednesday as investors took profits and repositioned themselves ahead of Fed Chair Jerome Powell’s speech. According to data from SoSovalue, the 12 spot Bitcoin ETFs recorded $470.71 million in net…
Cryptocurrency News
Bitcoin ETFs end 4-day inflow streak with over $470m in outflows [btcmanager]
U.S. spot Bitcoin exchange-traded funds returned to net outflows on Wednesday as investors took profits and repositioned themselves ahead of Fed Chair Jerome Powell’s speech. According to data from SoSovalue, the 12 spot Bitcoin ETFs recorded $470.71 million in net…
Gold sinks below $4K: What does it mean for Bitcoin price? [cointelegraph]
Bitcoin ETFs gained $839 million while gold funds lost $4.10 billion, highlighting investors’ growing preference for BTC over bullion.
Why the x402 protocol didn’t fade after the PING hype, and what’s driving the second wave [cointelegraph]
X402 is moving beyond the PING hype as Coinbase and Cloudflare turn “402 Payment Required” into real pay-per-use infrastructure.
TRUMP memecoin issuer in talks to acquire investment platform Republic’s US operations [cointelegraph]
After a 90% plunge from its peak, the Trump memecoin issuer is seeking a revival with the Republic.com acquisition and a $200 million fund to buy back the token.
How Evernorth plans to turn XRP into a $1B corporate treasury asset [cointelegraph]
Evernorth plans to go public via a SPAC and deploy over $1 billion to buy and manage XRP, creating one of the largest public XRP treasuries.
Bitcoin ETFs post $470M outflows as Fed cuts rates, Trump talks trade [cointelegraph]
Spot Bitcoin ETFs recorded their largest day of outflows in two weeks as the Federal Reserve cut rates, leading to a choppy day for US markets.
Frax, IQ launch Korean won-pegged KRWQ on Base amid stablecoin push [cointelegraph]
Crypto protocols Frax and IQ have partnered to launch KRWQ, a Korean won stablecoin designed to be fully regulatory-compliant amid the country’s stablecoin push.
TRUMP token issuer plans to acquire U.S. arm of crowdfunding platform Republic [btcmanager]
A crypto firm tied to a U.S. president Donald Trump is exploring a deal to acquire U.S. operations a major crowdfunding platform. Fight Fight Fight LLC, the company behind the Trump-linked memecoin, is in discussions to acquire the U.S. operations…
TRUMP token issuer plans to acquire U.S. arm of crowdfunding platform Republic [btcmanager]
A crypto firm tied to a U.S. president Donald Trump is exploring a deal to acquire U.S. operations a major crowdfunding platform. Fight Fight Fight LLC, the company behind the Trump-linked memecoin, is in discussions to acquire the U.S. operations…