Crypto News

Bety.com Gambling vs. Traditional Gambling: Why Crypto Users Love Us

This is a paid promotional article. We encourage you to conduct your own due diligence before participating in any related transactions. PRESS RELEASE. The decentralized world of digital finances is gradually reshaping industries, and the online gaming sector has been influenced a lot by this disruptive technology. Bety.com stands out in this transformative phase ofSource link

CoinDesk 20 Performance Update: Aptos (APT) Surges 16.6% as All Assets Trade Higher

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3194.09, up 3.3% (+101.56) since 4 p.m. ET on Tuesday.All 20 assets are trading higher.Leaders: APT (+16.6%) and LTC (+7.3%).Laggards: BTC (+2.4%) and ADA (+2.4%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link

Bitcoin ETFs Experience $61 Million Outflow Amid Mixed Fund Movements

Bitcoin ETFs experienced a net outflow of $60.63 million, primarily due to significant withdrawals from Bitwise’s BITB and Fidelity’s FBTC. In contrast, Ether ETFs saw a modest net inflow of $4.60 million, solely attributed to Fidelity’s FETH. Ether ETFs See Modest $4.60 Million Inflow as Bitcoin ETFs Face Another Day of Withdrawals In a daySource link

U.S.-Sanctioned Countries Such as Iran Leaning Heavily Into Crypto: Chainalysis

Countries targeted by U.S. government sanctions have surged in illicit crypto activity, receiving nearly $16 billion in digital assets last year — about 39% of illicit token transactions — according to a report from Chainalysis released on Wednesday.2024 was a year in which those nations — especially Iran — surged over individuals in sanctions-related activity, noted the report from the crypto-analytics firm."As Western restrictions tighten, sanctioned nations are turning to cryptocurrencies and alternative financial systems to sustain trade and access capital," according to the report, which cited Russian and Iranian financial transactions with trade partners such as China and India, using payment mechanisms that don't rely on U.S. dollars."While cryptocurrency use in sanctioned jurisdictions may be associated with illicit state-controlled...

SEC Veteran Expects Regulator’s Crypto Investigations to ‘Grind to a Screeching Halt’

Former SEC attorney John Reed Stark predicted that a pause to the agency’s appeal against Ripple would come “soon.”Source link