US spot Bitcoin ETFs saw their largest single-day outflows in July, with $424.66 million leaving the funds, reversing a brief return to positive weekly flows.
US spot Bitcoin ETFs saw their largest single-day outflows in July, with $424.66 million leaving the funds, reversing a brief return to positive weekly flows.
Trump reinstated the Hormuz blockade, sending oil higher and rate-hike bets up, reversing the peace trade that helped bitcoin recover in early July. Today’s inflation
Coins from the Farace and BTC-e seizures moved through fresh wallets before landing on the exchange, despite president Donald Trump’s previous no-sell reserve order.
Solo Bitcoin mining has surged, with 24 blocks found in the past 12 months, a 41% increase year over year.
Witt’s departure comes during a critical moment for the CLARITY Act, with deputy director Harry Jung expected to assume his responsibilities.
Major cryptocurrencies have dropped by 2% or more in 24 hours as traders boosted bets of a July Fed rate hike.
The transfers have raised questions over Trump’s Bitcoin reserve pledge, though deposits to Coinbase Prime do not confirm an impending sale.
The Federal Law Enforcement Officers Association expressed support for the CLARITY Act but urged changes to the legislation’s language.
Bitcoin backed mortgages and stablecoin yield are hot topics in Japan right now, as Hyundai experiments with Avalanche for global stablecoin transfers. Asia Express