Cryptocurrency
Bitcoin, Altcoins Selloff Amid Rising ETF Outflows
Key points:Bitcoin is under pressure as net outflows from the BTC ETFs highlight a shift in institutional investor sentiment.Most major...
UK Authorities Sanction HTX Crypto Exchange, Citing Support for Russia
The UK government has added cryptocurrency exchange HTX to its list of sanctioned entities over its support of Russia.On Tuesday,...
Ledger Adds Support for ADI Token tTed to UAE Blockchain Network
Ledger added native support for the $ADI token tied to ADI Foundation’s ADI Chain network, a UAE-linked, layer-2 focused on...
Former FTX Legal Advisor Fenwick & West Settles Lawsuit for $54M
Fenwick & West LLP, the principal law firm that advised former cryptocurrency exchange FTX, agreed on Friday to pay $54...
New Fed Chair Kevin Warsh Will Cut Interest Rates: Analyst
Kevin Warsh, who was sworn in as the chairman of the United States Federal Reserve on Friday, will likely slash...
US House Lawmakers Launch Probe into Kalshi, Polymarket Insider Trading
Update (May 22 at 7:40 pm UTC): This article has been updated to include statements from Polymarket and Kalshi.The chair...
Petition Against South Korea’s 22% Crypto Tax Hits 50K Threshold
A petition to scrap a 22% tax on crypto investment gains in South Korea reached the 50,000-signature threshold required for...
Fairshake PAC’s $20M Investment Pays off in Three US State Primaries
Political action committees (PACs) aligned with and funded by the cryptocurrency industry notched a series of wins in three US...
Senator Warren Questions OCC Head on Approval of ‘Ineligible’ Crypto Trust Charters
Massachusetts Senator Elizabeth Warren accused Office of the Comptroller of the Currency’s (OCC’s) Jonathan Gould of violating banking laws by...
Bitcoin, Altcoins Turn Bearish As Inflation Worries Pressure Markets
Key points:Bitcoin has pulled back to the $76,000 level, a crucial near-term support level to watch.Several major altcoins have broken...