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GBTC Continues to Lead Outflows as Bitcoin Spot ETFs See Net Outflow of $58M


Grayscale GBTC experienced a net outflow of $79.38 million from Bitcoin spot ETFs, contributing to its historical net outflow of $16.46 billion, while BlackRock ETF IBIT saw a net inflow of approximately $25.78 million. The post GBTC Continues to Lead Outflows as Bitcoin Spot ETFs See Net Outflow...

Israel’s Central Bank to Roll Out Sandbox for CBDC Experiments


The Bank of Israel is launching a sandbox environment for testing CBDC said in a statement use cases, in an effort to refine the design of the digital shekel and ensure its capacity to facilitate advanced applications. The post Israel’s Central Bank to Roll Out Sandbox for CBDC Experiments...

South Korean Central Bank to ‘Speed up’ CBDC Project


The South Korean Central Bank is set to “speed up” its CBDC project, and will pilot its digital KRW with a group of 100,000 citizens later this year. The post South Korean Central Bank to ‘Speed up’ CBDC Project appeared first on Cryptonews

Spot Bitcoin ETF Hype Dies Down, Normalcy Sets In


The initial euphoria for the spot bitcoin ETFs has seemingly dampened and reality is slowly kicking in with inflows recently unable to keep up with the still speedy pace of exits from Grayscale's Bitcoin Trust (GBTC)

Filecoin begins to outperform Google Cloud and AWS in digital storage


The digital storage industry has been dominated by Google Cloud and Amazon Web Services (AWS). That dominance is now being challenged by players who want to thrive on democratizing and decentralizing their infrastructure. This includes Filecoin, which has been able to navigate its way around...

Analyst estimates a lower ETF attraction in the Hong Kong market


One distinction between the US and Hong Kong is that the latter has begun housing Ether ETF. It has yet to move forward with Spot Bitcoin ETF, something that industry leaders have mastered in three months. The analyst believes that Hong Kong does paint a brighter picture with a wider scope when...

Bank of Russia Supports Cryptocurrency Usage for International Settlements


The Bank of Russia has announced that it will support accelerating the adoption of cryptocurrency payments for international settlements. According to Elvira Nabiullina, governor of the Bank of Russia, these crypto-based payments must be launched in a sandbox-style experimental regime. In contrast...

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