Crypto News

Bitcoin exchange-traded funds (ETFs) experienced a historic $812 million outflow, their second-largest on record, while ether ETFs saw their 20-day green streak end with $152 million in losses. Bitcoin ETFs Record Second-Largest Outflow Ever As Ether ETFs Historic Inflow Ends The first day of August brought a brutal twist for crypto ETFs as both bitcoinSource link

Arthur Hayes, the co-founder of crypto exchange BitMEX, has offloaded more than $13 million worth of crypto holdings, including ether (ETH), ethena (ENA), and pepe (PEPE).Data from Arkham Intelligence shows Hayes sold millions worth of these cryptocurrencies and moved to accumulate USDC, with the stablecoin now making up over 80% of the $27.9 million in the address associated with him.The address sold 2,373 ETH worth $8.32 million, 7.76 million ENA valued at $4.62 million, and 38.86 billion PEPE for $414,700. In a post on X, he seemingly confirmed he is behind the address and pointed to a bearish scenario for the crypto space.Hayes suggested that markets will take a hit from the impact of President Donald Trump’s tariffs, some of...

On Aug. 1, U.S. stocks lost $1.1 trillion, with the Dow Jones Industrial Average dropping over 500 points (1.2%), the S&P 500 falling 1.6%, and the Nasdaq Composite declining around 2.2%. Disappointing Jobs Report Rouses Fears U.S. stocks lost $1.1 trillion on Friday, Aug. 1, capping a tumultuous day that saw President Donald Trump reportedlySource link

This content is provided by a sponsor. PRESS RELEASE. NASDAQ-listed company ATA Creativity Global (Nasdaq: AACG) (hereinafter referred to as the “Company”) has formally signed a Term Sheet with Baby BTC Strategic Capital (referred to as “Baby Capital”). Baby Capital is a special purpose fund for holding listed companies, with the Babylon Foundation as theSource link

Although Coinbase shares fell 17% on Friday, the stock could gain ground as the trading platform expands its services through different acquisitions, analysts wrote.Source link