Ethereum ETFs End 5-Day Inflow Streak With $70.6M Outflows

US-listed spot Ethereum exchange-traded funds (ETFs) logged $70.62 million in net outflows on Friday, ending a five-day inflow streak. Ethereum funds saw $211.25 million in net inflows over the previous five sessions from July 17 to Thursday, according to SoSoValue data. They still posted $103.9 million in net inflows for the week ended Friday. Despite … Read more

BMAG’s New Focus On Trading Cards

Somewhere right now, on a livestream, someone is tearing open a foil package while hundreds of people watch. Trading cards have become a spectator sport. The card market is at all-time highs, cardboard repriced by the hour, rare cards selling for eight figures, and a general sense of frenzy. But watch enough of it and … Read more

Dango Blockchain to Shut Down, Halt Perp DEX Trading

Layer-1 blockchain Dango will wind down operations by halting trading on its perpetual decentralized exchange (DEX) on Wednesday and shutting down its network on Aug. 13. “Despite our best effort, various reasons have led us to conclude there is no viable path to a lasting commercial success,” Dango said in a Friday X announcement. Dango … Read more

US State Department To Debut Freedom Program With Bitcoin

The U.S. State Department is launching a program that includes Bitcoin as a way to advance digital freedom worldwide.  Named the Freedom Tech Excellence Program, the initiative will see the State Department work with the Bitcoin Policy Institute, data-analytics firm Palantir Technologies, defense technology company Anduril Industries, and the Victims of Communism Memorial Foundation on … Read more

House Passes Bill on Lawmakers Using Insider Information for Stock Trading

The US House of Representatives has passed a bill that would ostensibly prohibit members of Congress, their spouses and dependent children from purchasing publicly traded stocks. In a 232-198 vote in the House on Wednesday, lawmakers approved the Stop Insider Trading Act, sending the bill to the Senate for consideration. Representative Bryan Steil, the Wisconsin … Read more

SEC Halts Trading of Major Crypto Exchange Over Alleged Massive Fraud!

Breaking news this morning: The U.S. Securities and Exchange Commission (SEC) has just ordered a trading halt for CryptoNation, one of the largest cryptocurrency exchanges in the world. This drastic action comes amid serious allegations of widespread fraud and market manipulation. The SEC claims CryptoNation has been involved in illegal activities for years, defrauding investors … Read more

Investment Giant Fidelity Backs Clarity Act

Investment giant Fidelity is the latest big player to back the latest version of the long-awaited Clarity Act.  The Boston-based firm’s “Public Policy” account on X said Friday that it was urging the Senate to pass the bill.  Lawmakers have been hashing out the crypto market structure bill since last year. A new improved draft … Read more

Morgan Stanley’s Bitcoin ETF Is A Roaring Success

Wall Street giant Morgan Stanley Bitcoin exchange-traded fund now has close to $400 million in assets under management — despite only launching in April.  The NYSE Arca-listed fund, which is the first by a bank, got off to a roaring start when it debuted, bringing in over $33 million in fresh cash on its first … Read more