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Massive increase in US spot Bitcoin ETF outflow


The American spot Bitcoin exchange-traded funds scored gross outflows of $200 million yesterday. The new development happens when two key economic events from the US are anticipated: the FOMC conference and the consumer price announcement. There has been a remarkable increase in US Spot Bitcoin...

Ripple Completes Acquisition of Standard Custody & Trust Company


Ripple has completed its acquisition of Standard Custody & Trust Company, a regulated digital asset custodian. This acquisition, announced by Ripple earlier this year, involves a trust company regulated by the New York Department of Financial Services. It broadens Ripple’s portfolio...

Grayscale Bitcoin ETF witnesses outflow amounting to $121 million


Grayscale Bitcoin ETF witnesses an outflow of $121 million following a selling exercise of 1,800 BTC. From the time the bitcoin ETF received consent, the selling of assets has reached the figure of 335,000 BTC, whereas, in the case of different suppliers, they are noting down figures about inflows....

Bitwala and Curve Announce Partnership for Digital Wallet Integration


Bitwala, a blockchain banking service based in Berlin, has entered into a partnership with Curve, a digital wallet provider. The partnership is aimed at integrating Bitwala’s services with Curve’s digital wallet. Users can add Bitwala to their Curve Wallet and avail a 1% cashback offer on their...

ETF talks boost Shiba Inu burn rate by 3,000%


Dips continue to happen across the Shiba Inu ecosystem. However, the market is increasingly paying attention to these dips. There are two reasons behind this: a massive spike in burn rate and discussions about ETFs. As the rate spiked to 2,955%, the community burned 7.5 million. This number...

Spot Ethereum ETF suppliers await SEC’s version on S-1 filings


Expectant spot Ethereum ETF suppliers await the SEC’s view-point on their S-1 filings, following them forwarding their initial drafts on the 31st of May, 2024.  The suppliers were under the impression that the SEC will offer their view-point about their sent drafts by the 7th of June. However,...

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