BitcoinEthereumNews·
The post Bitcoin ETFs draw $500M but weak demand leaves rebound exposed appeared on BitcoinEthereumNews.com. US spot Bitcoin exchange-traded funds drew nearly $500 million across the last two trading sessions, giving traders their first clear fund-flow rebound in weeks even as several market gauges continued to show weak demand for the top digital asset. The US ETF products took in $221.72 million on July 2, ending a 10-session outflow streak that had pulled about $2.73 billion from the funds. Bitcoin ETFs Flow (Source: Axel Adler) After the US Independence Day holiday, the funds added another $265.69 million on July 6, marking their first back-to-back inflows since May. The ETF rebound gave Bitcoin one of its strongest near-term supports after weeks in which demand from regulated funds had worked against the market. BTC price continues to show resilience around $63,000, rising 7% this month. Spot Bitcoin ETFs have become one of Bitcoin’s clearest gauges of marginal demand, with sustai
Read full articleThe recent inflows into US spot Bitcoin ETFs suggest a potential shift in investor sentiment, highlighting evolving dynamics in crypto investments. The post US spot Bitcoin ETFs see third consecutive day of net inflows, breaking weeks-long drought appeared first on Crypto Briefing.
The post Tether Invests $20M in Mercado Bitcoin to Expand Brazil Operations appeared on BitcoinEthereumNews.com. Tether backed Mercado Bitcoin with fresh funding to expand payments, lending and tokenized investments. Mercado Bitcoin serves 4.5 million users and has issued more than R$2 billion in tokenized assets. The deal reflects growing interest in Brazil’s regulated digital asset and blockchain finance market. Tether has invested $20 million in a funding round for Brazilian crypto platform Mercado Bitcoin, marking its latest investment in Latin America’s growing digital asset market. The companies announced the investment on July 7, saying the funding will help Mercado Bitcoin expand payments, lending, tokenized investments and capital markets as demand for blockchain-based financial services grows across the region. Mercado Bitcoin confirmed separately that the funding round raised R$100 million through its parent company, 2TM. The investment comes as Brazil continues to streng
IBIT's dominance in Bitcoin ETFs highlights institutional confidence but also poses risks of significant outflows during market downturns. The post BlackRock clients buy $54M worth of Bitcoin through IBIT ETF appeared first on Crypto Briefing.
Arbeloa's appointment at Fulham could reshape crypto-sport sponsorship dynamics, influencing digital asset ventures in football. The post Fulham FC taps former Real Madrid coach Álvaro Arbeloa, spotlighting crypto-sport sponsorship ties appeared first on Crypto Briefing.
The post Bitcoin Suisse lands Abu Dhabi license to unlock UAE crypto expansion appeared on BitcoinEthereumNews.com. Bitcoin Suisse has secured full regulatory approval in Abu Dhabi, allowing the Swiss crypto firm to expand its regulated digital asset business across the United Arab Emirates. Summary Bitcoin Suisse has secured a full ADGM license, allowing it to offer regulated crypto services across the UAE. The approval follows the firm’s recent MiCA license in Liechtenstein, expanding its regulated presence in Europe and the Middle East. Abu Dhabi continues attracting major crypto firms as it strengthens its position as an institutional digital asset hub. ADGM approval opens regulated crypto services across the UAE According to a July 7 announcement, Bitcoin Suisse’s Middle East subsidiary, BTCS (Middle East) Ltd., has received full Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). BTCS (Middle East) Ltd. ha
Bitcoin Suisse has secured full regulatory approval in Abu Dhabi, allowing the Swiss crypto firm to expand its regulated digital asset business across the United Arab Emirates. ADGM approval opens regulated crypto services across the UAE According to a July…
The post Digital Chamber Files Brief Over Dormant Satoshi Wallets appeared on BitcoinEthereumNews.com. Noah Doe sued for title to 39,069 dormant Bitcoin wallets he found by algorithm. Digital Chamber says dormancy alone cannot prove abandonment under New York law. Noah Doe never held private keys, so cannot access or move funds from any wallet. The Digital Chamber, the United States’ oldest and largest digital asset trade association, has filed an amicus brief in the New York State Supreme Court opposing a lawsuit that seeks to claim ownership of tens of thousands of dormant Bitcoin wallets, some of which are believed to be linked to Bitcoin’s pseudonymous creator, Satoshi Nakamoto. What the Lawsuit Claims A New York resident identified as Noah Doe developed an algorithm in 2024 to identify dormant Bitcoin wallets and ran it on his personal computer, identifying 42,001 wallet addresses that had seen no on-chain activity for at least five years. He copied those addresses onto USB drives
The post Vanguard opens search for digital assets leader in sign of evolving crypto strategy appeared on BitcoinEthereumNews.com. Vanguard has opened the search for a head of digital assets, creating a senior role that would oversee the firm’s strategy for cryptocurrencies and blockchain-based financial technology. The position, listed within Vanguard Personal Wealth, calls for an executive to develop the firm’s digital asset vision, identify business opportunities and lead execution across product, technology, operations, legal and compliance teams. The candidate will also advise senior leadership on changes in digital asset markets, represent Vanguard in discussions with regulators and industry groups and help shape the firm’s long-term approach. It also highlights other areas of the ecosystem, including tokenization, stablecoins, digital wallets, custody, blockchain-enabled settlement and operating models as areas the executive will evaluate, as well as determining whether Vanguard
