Crypto News

Bitcoin ETFs Cool off With $96 Million Exit While Ether ETFs Post Strongest Day in Weeks

Bitcoin ETFs broke their four-day inflow streak with a $96 million outflow led by Fidelity’s FBTC. Meanwhile, ether ETFs notched a solid $13.37 million inflow, marking their best daily performance in recent sessions. Fidelity-Led Exit Ends Bitcoin ETF Inflow Run as Ether ETFs Rally With $13 Million Bump After four consecutive days of green, bitcoinSource link

Bitcoin Boom Likely as Bond Yields Surge – Yes, You Read That Correctly

Hardening government bond yields, especially on U.S. treasury notes, have traditionally been viewed as a headwind for bitcoin (BTC) and other risk assets.However, recent persistent resilience in treasury yields suggests a different story — one driven by factors that could be bullish for bitcoin, according to analysts.The U.S. data released Tuesday showed the consumer price index (CPI) rose 0.2% month-on-month for both headline and core in April, below the 0.3% readings expected. That resulted in a headline year-on-year inflation reading of 2.3%, the lowest since February 2021.Still, prices for the 10-year treasury yield, which is influenced by inflation, dropped, pushing the yield higher to 4.5%, the highest since April 11, according to data source TradingView.The so-called benchmark yield is up...

AI Sports Betting Agent Aims to Disrupt Tipster Industry Using Crypto

Billy Bets is an AI agent that is looking to upend the sports betting industry by using blockchain networks to promote transparency.Source link

Brian Armstrong Makes ‘Open Call’ For Ex-DOGE Staff to Join Coinbase

The CEO offered DOGE staffers a fast track into Coinbase after a viral clip showed a Harvard dropout facing backlash for joining the agency.Source link

GFO-X Launches UK Regulated Trading Venue for Centrally Cleared Crypto Derivatives

GFO-X announced the successful launch of its UK regulated trading venue for centrally cleared digital asset derivatives. This venue aims to meet the growing institutional demand for compliant crypto futures and options. The first institutional trade was executed between Virtu Financial and IMC, marking a significant milestone in the evolution of institutional-grade digital asset markets.Source link