Bitcoin ETFs Bleed $242.6M, Biggest Outflow Since Sept. 3
The outflows snapped an eight-day winning streak as BTC lost as much as 6% amid an acute heightening of tensions in the Middle East.
The outflows snapped an eight-day winning streak as BTC lost as much as 6% amid an acute heightening of tensions in the Middle East.
On Tuesday evening local time, Motier Ventures, an early stage tech investment firm based in Paris, unveiled a startup hub called La Maison. This relatively new investor in the French tech ecosystem is the family office of the Houzé family — the owners of upmarket fashion retailer the Galeries Lafayette Group. As the Galeries Lafayette … Read more
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Crypto market capitalization dropped 5% on average as Middle East tensions flared up late Monday, denting growth in risk assets.
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The Australian Federal Police said an analyst cracked the seed phrase to a crypto account belonging to the accused owner of an organized crime messaging app.
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The outflow has reversed an eight-day trend of consecutive inflows totaling $1.4 billion.
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Over 1,200 crypto startups raised funds during a tumultuous year of crypto collapses, and 80% of these projects are still building today, according to Lattice Fund.
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Global equities and risk assets such as bitcoin took a hit Tuesday as Iran launched missiles on key Israeli locations, with the latter threatening retaliation in the coming days.
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Even as investors attempt to discern the economic impact of flaring tensions in the Middle East, four major tailwinds for Bitcoin stand out.
Evan Frederick Light faces up to 20 years behind bars for each charge, including conspiracy to commit wire fraud and launder monetary instruments.