July inflows into U.S.-listed Bitcoin spot ETFs hit a record low, signaling weak institutional demand despite recent multiday gains. U.S.-listed Bitcoin spot ETFs attracted just $205 million in net inflows for July, the smallest monthly total on record. The figure reflects
Seoul finalizes plans to tax annual cryptocurrency gains exceeding 2.5 million won at a 22% rate from January 2027. South Korea will impose a 22% tax on annual cryptocurrency gains above 2.5 million won ($1,740) starting January 1, 2027. The measure, delayed three times si
BTC remains stable despite Fed rate-hike dissent, geopolitical tensions, and an 8% oil surge pressuring equities. Bitcoin traded near $63,915 on Thursday, showing resilience as the Federal Reserve’s hawkish split and Iran’s missile strikes rattled global markets. The Fed l
July saw the crypto market rebound with select tokens surging, ending a streak of consecutive monthly losses. The cryptocurrency market recorded its first positive month in July, breaking a losing streak with several tokens posting significant gains. AKE led the rally, soa
Luno cuts 20% of staff due to weaker retail trading Luno is reducing its global workforce by 20% as the company shifts towards a leaner structure and more institutional business. The firm previously cut 35% of staff in January 2023 citing tough market conditions.
Microsoft’s strong cloud growth and controlled spending lift S&P 500 and Nasdaq 100 futures, supporting Bitcoin’s stability near $64,000. Bitcoin held near $63,900 on Thursday as U.S. stock futures rose following Microsoft’s earnings report, which signaled strong returns o
Perpetual futures contracts now drive over 90% of crypto derivatives volume, shaping price movements ahead of spot markets. Perpetual futures contracts, or perps, account for approximately 93% of all crypto futures trading volume, surpassing spot market activity. These lev
DeFi lending protocol Aave will wind down deployments on six chains, affecting $98.1M in supplied assets and $15.6M in debt. Aave will discontinue deployments on Scroll, zkSync, Sonic, Metis, Soneium, and Aptos, impacting $98.1M in supplied assets and $15.6M in debt. The m
State-affiliated newspaper warns of fraudsters demanding Bitcoin to suppress fabricated investigative reports on companies. China Business Journal, a state-affiliated publication, issued a warning about a Bitcoin extortion scheme impersonating its reporters. Scammers conta
Digital asset valuations show resilience as equities decline, maintaining a $2.19 trillion total capitalization over 24 hours. The cryptocurrency market held firm at a $2.19 trillion capitalization despite recent stock market turbulence. The figure remained unchanged over
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