Crypto ETP Sales Decline Significantly Amid $187 Million in Recent Fund Outflows
Crypto ETP outflows slowed after weeks of losses, with a record $63 billion in trading volume, suggesting a “potential market nadir,” CoinShares said.
French Police Capture Six Suspects Following Failed Cryptocurrency Ransom Plot in Magistrate Kidnapping Incident: AFP
French police arrested six suspects after a magistrate and her mother were kidnapped in a crypto ransom plot.
Global Crypto ETP Outflows Decrease to $187 Million as Early Signs of Stabilization Emerge, According to CoinShares
Early signs of market calm emerged as crypto fund outflows have cooled to $187 million after weeks of heavy withdrawals, per CoinShares.
BTC Traders Anticipate $50K Market Bottom: Key Insights for Bitcoin This Week
Bitcoin price forecasts retained odds of new macro lows next as risk asset traders remained nervous about US and Japan macroeconomic tailwinds.
South Korea Intensifies Investigations into Cryptocurrency Market Following $44 Billion Bithumb Bitcoin Mistake
South Korea’s financial watchdog detailed planned investigations into high-risk trading tactics as it prepares the next phase of crypto regulation, Yonhap News Agency reported.
ENS Halts Development of Namechain Layer 2 Solution Due to Ethereum Scaling Challenges
Citing a 99% drop in gas fees and upcoming Ethereum scaling, the project will now deploy its ENSv2 upgrade directly on Ethereum.
Coinbase Leverages Backstreet Boys Nostalgia in Exciting Super Bowl Comeback
Coinbase’s TV spot at the Super Bowl divided opinion online, but the crypto exchange says conversations about it were the point.
Crypto.com CEO Introduces Revolutionary AI Agents to Millions of Viewers at Super Bowl
Crypto.com CEO Kris Marszalek said his goal with ai.com is to build “a decentralized network of autonomous, self-improving AI agents that perform real-world tasks for the good of humanity.”
Bitcoin Sharpe Ratio Dips to Historical Lows Typically Observed During Market Bottoms
Bitcoin’s Sharpe ratio has fallen to -10, nearing bear market lows seen in 2018 and 2022, suggesting the risk/reward profile is approaching extreme levels.
South Korea Strengthens Cryptocurrency Regulations to Combat Market Manipulation: Latest Report
The Financial Supervisory Service said it will tighten crypto oversight and toughen penalties for IT-related accidents, Yonhap reported.
Address Poisoning Scheme Results in Over $62 Million in Losses for Two Victims, Reveals Scam Sniffer Insights
Analysts have warned that Ethereum’s Fusaka upgrade has made address poisoning cheaper, as malicious actors can carry out dust attacks for very little cost.
Crypto and Banks Clash Over Federal Reserve's Proposal for Streamlined Master Accounts
Crypto companies have backed a Federal Reserve proposal to give them limited access to the central bank, while banking associations have urged caution.