Fidelity’s spot bitcoin exchange-traded fund saw daily net outflows of $22.61 million on Thursday, becoming the first day the ETF saw more funds move out since its January listing, according to SoSoValue data.  Several other U.S. bitcoin funds reported daily outflows, totaling a drainage of ...

Morgan Stanley may allow its 15,000 brokers to recommend that customers purchase spot bitcoin exchange-traded funds, according to a report from AdvisorHub on Thursday, which cited two senior executive sources familiar with the company’s plans. The firm is reportedly establishing the groundwork ...

Bitcoin BTC -0.44% , ether and other major cryptocurrencies fell in the past hour following reports of Israeli missiles hitting a site in Iran, which a U.S. official confirmed with ABC News. The market may be expecting a greater global conflict as explosions have been reported in Iraq and ...

Binance, the world’s largest cryptocurrency exchange, is preparing to return to India by paying a $2 million penalty, India’s Economic Times reported, citing sources with knowledge of the matter.  The exchange reportedly aims to reform its South Asian entity to become fully registered with ...

The South Korean won took the position of most-used currency, topping the U.S. dollar, for trading crypto during the first quarter of 2024, according to research firm Kaiko.  The cumulative won trade volume on centralized crypto exchanges during the period recorded $456 billion, while the U.S. ...

The daily net outflow from Grayscale Investments’ spot bitcoin exchange-traded fund (GBTC) hit its record low of $17.5 million on Wednesday, according to data from SosoValue.  GBTC saw combined net outflows of over $450 million on Monday and Tuesday, with its cumulative outflows in the past ...

Ripple CEO Brad Garlinghouse said the entire cryptocurrency market capitalization will likely double by the end of 2024, according to a CNBC report on Sunday. The current global crypto market cap stands at around $2.59 trillion, CoinMarketCap data showed. Garlinghouse told CNBC that he is ...

Sony Bank, the banking arm of the Japanese gaming and entertainment conglomerate, has started a proof-of-concept to issue its own stablecoin pegged to fiat currency, a Nikkei report stated. The trial is set to occur on the Polygon MATIC -0.10% blockchain. Due to the advantages of reduced ...

Ark Invest 21Shares’ ARKB fund saw net outflows of $87.5 million on Tuesday, the highest since its debut, according to data from SoSoValue.  The amount surpasses outflows seen from Grayscale’s GBTC, which recorded $81.9 million on the same day. Just on Monday, ARKB experienced net outflows for ...

Global digital asset exchange Crypto.com is launching its retail trading services in South Korea on April 29, according to its announcement on Tuesday.  Crypto.com’s South Korean trading platform will fill in the spot of locally licensed crypto exchange OK-BIT, which said it is winding down ...

Kyle Davies, co-founder of Three Arrows Capital, attempted to lure LayerZero to allocate the project's entire treasury to the now-defunct crypto hedge fund just days before it imploded, LayerZero Co-Founder and CEO Bryan Pellegrino alleged on X Thursday.  Davies, who refused to apologize to ...

The daily trading volume on the Ethereum Layer 2 network, Base, surged to hit a new high of $356 million on Tuesday, representing about a 51% jump from Monday, according to DefiLlama data. Base’s total value locked (TVL) also reached a new all-time high, amassing a total of $745.3 million, ...