After the US-based spot Etherium ETFs registered an outflow of $133.3 million on their second day of trading, they continued their negative performance on July 25.
Bill Dudley, the former president of the Federal Reserve Bank of New York, reversed his position, advocating an immediate cut in interest rates instead of keeping them higher for an extended period.
On July 25, non-bank Revolut announced that it had received a restricted banking license from the UK’s Prudential Regulation Authority (PRA), which oversees the banking sector.
The UK’s Financial Conduct Authority (FCA) has fined CB Payments Limited (CBPL), a subsidiary of Coinbase Group, $4.5 million for breaches of anti-money laundering rules.
VanEck has shared its ambitious forecast that Bitcoin (BTC) could reach $2.9 million in the next 26 years.
Senator Cynthia Lummis, recognized for her pro-crypto stance, intends to propose that the Federal Reserve (Fed) hold Bitcoin (BTC) as a strategic reserve asset, similar to gold and foreign currencies.
Investor enthusiasm for artificial intelligence (AI) weakened on Wednesday, sparking a $1 trillion drop in the Nasdaq 100 Index.
Renowned economist Peter Schiff has warned that conditions in the cryptocurrency sector are predisposing for a potential crash.
David Bailey, CEO of Bitcoin Magazine, claims that the new Republican presidential candidate Kamala Harris has called Bitcoin “money for criminals.”
On its second day of trading, the US-based spot Ethereum ETFs performed worse than the first day as they registered a net outflow of $113.3 million.