Daily Outflow from Spot Bitcoin ETFs Hits $564M
On May 1, the outflow from Bitcoin ETFs on the market reached its highest level since the products were approved, amounting to $563.8 million.
MoonPay Integrates PayPal to Allow Crypto Purchases and Sales
MoonPay has announced that its users in the United States can now conduct transactions on over 110 different cryptocurrencies using PayPal.
Tether’s Q1 Profit Reaches $4.5B
In the first quarter of 2024, Tether Holdings reported a record net profit of $4.52 billion.
Spot Bitcoin ETFs Net Outflows Hit $344M
The new US ETFs experienced a net outflow of $343.5 million in April, breaking their streak of three months with inflows.
MicroStrategy Shares Plans to Launch a Bitcoin-Based Identity Solution
MicroStrategy has announced its plan to launch a decentralized identity solution on the Bitcoin network.
Former Revolut Executive Participates in Launch of Hybrid Crypto Exchange
X10, a hybrid crypto exchange powered by the StarkEx Layer 2 engine, has officially launched on the testnet with a funding of $6.5 million.
BlackRock’s Institutional Digital Liquidity Fund AUM Reach $375M
According to data from Dune Analytics, BlackRock’s USD Institutional Digital Liquidity Fund has reached $375 million in assets under management.
