The $450 million withdrawal came as Bitcoin fell 2.5% and the CLARITY Act failed to advance in the Senate, with Fidelity and BlackRock funds leading the outflows. Read More at https://cointelegraph.com/news/bitcoin-etfs-shed-450m-in-biggest-outflow-since-june?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Crypto industry turns to US regulators after CLARITY setback
The CLARITY Act could still be revived after Senator Thom Tillis moved to reconsider the failed cloture vote, though industry executives are divided over whether Congress has enough time left. Read More at https://cointelegraph.com/news/crypto-industry-turns-to-us-regulators-after-clarity-setback?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BIS paper finds major gap in Bitcoin onchain transfer estimates
A BIS study found widely used crypto metrics can obscure economic activity, with measurement challenges spanning Bitcoin, Ethereum and stablecoins. Read More at https://cointelegraph.com/news/bis-paper-finds-major-gap-in-bitcoin-onchain-transfer-estimates?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto stocks slide after CLARITY Act fails to advance in Senate
Circle and Coinbase shares fell about 10% as the failed Senate vote weighed on crypto-linked equities, with Bitcoin miners and treasury companies also declining. Read More at https://cointelegraph.com/markets/crypto-stocks-slide-after-clarity-act-fails-to-advance-in-senate?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US Senate fails to advance CLARITY Act
The failed procedural vote leaves the CLARITY Act facing an uncertain future after months of negotiations over crypto oversight and ethics provisions. Read More at https://cointelegraph.com/news/us-senate-fails-to-advance-clarity-act?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Stablecoin growth could boost dollar dominance, US Treasury demand: BoE official
A Bank of England policy maker said digital dollars could expand access to the US currency while turning stablecoin issuers into bigger buyers of government debt. Read More at https://cointelegraph.com/news/stablecoins-us-dollar-dominance-treasury-demand-boe?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Binance adds 11 US-listed ETFs to wealth management offering
The crypto exchange is expanding its traditional finance offerings with 11 US-listed exchange-traded funds focused on US Treasurys and investment-grade bonds. Read More at https://cointelegraph.com/news/binance-adds-11-us-listed-etfs-to-wealth-management-offering?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin price falls to $75.6K September low as global bonds hit multidecade highs
Bitcoin price action weakened over market nerves prior to the Senate CLARITY Act vote, while surging bond yields pressured risk assets across the board. Read More at https://cointelegraph.com/markets/bitcoin-price-falls-to-756k-september-low-as-global-bonds-hit-multidecade-highs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Standard Chartered says Arbitrum could outperform Bitcoin, Ether through 2030
Standard Chartered sees Robinhood Chain as an early sign that tokenization could transform Arbitrum’s economics and drive ARB sharply higher by 2030. Read More at https://cointelegraph.com/news/standard-chartered-arbitrum-arb-price-10-2030?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ETH wallet exploit backfires as MEV bot captures $7.7M, Kelp freezes address
An MEV bot known as “Yoink” front-ran an attacker attempting to exploit a custom Safe module, capturing the stolen rsETH before Kelp temporarily froze the receiving address. Read More at https://cointelegraph.com/news/mev-bot-intercepts-77m-in-rseth-from-ethereum-wallet-exploit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound