Crypto News

Grayscale Investments announced a strategic expansion of its management team and Board of Directors, as the company enters a new phase of growth. The firm has appointed four seasoned executives: Diana Zhang as Chief Operating Officer, Ramona Boston as Chief Marketing Officer, Andrea Williams as Chief Communications Officer, and Maxwell Rosenthal as Chief Human ResourcesSource link

Centralized crypto exchange Coinbase is set to raise $2 billion in convertible senior notes, as COIN sagged in pre-market trading.Source link

By Omkar Godbole (All times ET unless indicated otherwise)While bitcoin (BTC) and ether (ETH) prices have recouped a significant portion of last week's losses, hinting at a "buy the dip" resurgence, the latest ETF flows paint a different picture.On Monday, the nine spot ether ETFs recorded total net outflows of $465 million — the largest on record — following Friday's $152 million drawdown, according to SoSoValue. Bitcoin ETFs also saw substantial outflows, bleeding $333 million after Friday's $812 million, suggesting that institutional capital is not as sanguine as the spot market.Meantime, long-term bullishness has evaporated from BTC options as concerns of renewed U.S. inflation and a labor-market slowdown weigh on investors' risk appetite.On the flip side, some analysts still hold...

Lancashire Police seized stolen funds that criminals had converted to Bitcoin—but British law prevents victims from being overpaid.Source link

Bitcoin’s price stands at $114,930 on Tuesday morning, with a market capitalization of $2.28 trillion and a 24-hour trading volume of $34.71 billion. The past day has seen the cryptocurrency trade within a range of $113,941 to $115,591, as traders navigate a consolidation phase following July’s significant rally. Bitcoin On the daily chart, bitcoin remainsSource link