On Friday, the 12 U.S. s pot bitcoin exchange-traded funds (ETFs) experienced positive inflows, totaling $ 25.59 million. Concurrently, the nine spot ether ETFs garnered a combined $ 7.39 million in inflows during the day’s trading session. Bitcoin ETFs Rebound With $ 25.59M Inflows, Ether Funds Add $ 7.39M Both bitcoin …
Calm Markets: Stocks, Crypto, and Gold Show Little Movement Post CPI
The latest consumer price index (CPI) from the U.S. Bureau of Labor Statistics shows that inflation cooled to 2.5% in August, marking the slowest rate since 2021. Meanwhile, core CPI, which strips out the fluctuating food and energy sectors, posted a 0.3% increase for the month. Stocks, Bitcoin, and Gold Unmoved by CPI Data On […]
Wazirx Rolls Out Socialized Loss Strategy Across All Users Post $230M Cyberattack
Indian cryptocurrency exchange Wazirx is implementing a socialized loss strategy to distribute the impact of the recent $ 230 million cyberattack among all its users. The exchange stated that 55% of users’ crypto assets will be accessible, while the remaining 45% will be converted to USDT-equivalent tokens and locked. “The fastest way to open …
Guernsey Post to Launch Limited Edition Crypto Stamps
Guernsey Post, the postal service for the island of Guernsey in the Channel Islands, is set to become the first postal operator in the British Isles to introduce crypto stamps, merging traditional stamp collecting with digital non-fungible tokens (NFTs). Launching later this month, these limited-edition, non-postage crypto stamps will feature the Golden Guernsey Goats, Billy […]
SEC Chair Gary Gensler’s Social Media Post Led Some to Believe He Was Resigning
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler’s social media post expressing that “it’s been an honor to serve” as SEC chairman sparked speculation within the crypto community that he might be resigning from his position. Many people, including lawmakers, have criticized Gensler for taking an enforcement-centric approach to regulating the crypto industry. Gary […]