Recent data reveals that spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) experienced collective net outflows amounting to $ 742.24 million. Blackrock, Valkyrie, and Grayscale Among Crypto ETFs Hit by $ 742M Reduction On Wednesday, U.S.-based bitcoin and ethereum ETFs faced significant reductions, with bitcoin ETFs losing $ 582.90 million and …
Crypto Community on Edge as Biden’s DOJ Eyes Sale of $6.49 Billion in Seized Bitcoin
On Jan. 9, 2024, discussions have been buzzing within the crypto community regarding the potential sale of $ 6.49 billion worth of bitcoin (BTC) by the U.S. Department of Justice (DOJ). This speculation arises from a court ruling issued on Dec. 30, in which U.S. Chief District Judge Richard Seeborg sanctioned the forfeiture of …
Nigeria’s SEC Warns Crypto License Applicants: Meet Registration Requirements or Face Rejection
The Nigerian securities regulator has cautioned that some applicants for virtual asset service provider (VASP) licenses do not meet regulatory requirements. SEC Welcomes Stakeholder Feedback The Director-General of the Nigerian Securities and Exchange Commission (SEC), Emotimi Agama, warned that some virtual asset service provider (VASP) license applicants do not meet the regulator’s requirements and will […]
Glassnode: Crypto Market Shifting to Selling Phase as Big Whales Dump Bitcoin
Glassnode recently disclosed that the bitcoin market shifted to a new phase this year, following the rise to over $ 100K experienced after President Donald Trump’s victory in the polls. Glassnode states that the movements of whales indicate that a distribution phase has already started. Glassnode Numbers Suggest Crypto Markets Are Entering a Distribution …
Ai-Driven Crypto Research Platform SoSoValue Raises $15 Million Series A to Launch the Investible Spot Index Protocol SSI
PRESS RELEASE. 8 January, 2025 / Singapore – SoSoValue, the leading AI-driven investment research platform, announced today that it has raised $ 15 million in a Series A. This comes on the back of strong growth over the last month, surpassing eight million registered users. This comes as crypto assets continue hitting higher all-time …