Bank of England Plans Experiments with DLT and Wholesale CBDCs


The Bank of England (BoE) is taking a proactive stance related to cryptocurrency, money, and payments. In a recently released discussion paper, the central bank outlined its plans to conduct a series of experiments with distributed ledger technology (DLT) and wholesale central bank digital...

Blackrock’s IBIT Propels US Spot Bitcoin ETFs to $124M Inflows on Monday


U.S. spot bitcoin exchange-traded funds (ETFs) attracted $124.13 million on Monday, elevating the total net inflows to $17.71 billion. Data indicates that $2.68 billion was traded during Monday’s sessions, with Blackrock’s IBIT emerging as the only gainer. Blackrock’s IBIT...

Bitcoin & Crypto Takes Center Stage in US Presidential Race


The past week was momentous for Bitcoin & cryptocurrency as they took center stage in the US presidential race. Former President Donald Trump made a groundbreaking endorsement of Bitcoin at the Bitcoin 2024 conference in Nashville, pledging to create a national “strategic Bitcoin...

US Ethereum ETFs See Fourth Straight Day of Outflows


According to the latest data, the nine U.S.-based ethereum exchange-traded funds (ETFs) experienced their fourth consecutive day of outflows on Monday, amounting to a $98.29 million reduction. These outflows have pushed the cumulative net inflow into the negative, amounting to a sum of -$439.64...

XRP Veteran Dumps Holdings to Buy Algotech (ALGT) and Chainlink (LINK)


The crypto market recently e­xperienced a notable­ change when a dedicate­d XRP investor, holding the digital asse­t since 2017, opted to divest the­ir XRP holdings. This unexpected de­cision raised eyebrows within the­ crypto community, given the investor’s prior alle­giance to...

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