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US spot bitcoin funds face outflows over five straight days
US spot Bitcoin exchange-traded funds recorded net withdrawals over five consecutive sessions. BlackRock's iShares Bitcoin Trust drove a large share of the recent outflows.
- Five straight sessions of withdrawals drained funds across the market.
- Grayscale's Bitcoin Trust ETF also posted an outflow on Wednesday.
Avalanche and CoreWeave record gains following institutional market developments
South Korea to let crypto exchanges freeze withdrawals on hacking suspicion
Elon Musk's Grok AI releases speculative price scenarios for Bitcoin
Ripple backed Evernorth files to resell shares after price drop
Ripple-backed XRP treasury company Evernorth Holdings filed to register 73.7 million shares for potential resale by existing investors.
Bitmine posts a six billion dollar loss amid falling Ether prices
Bitmine Immersion Technologies reported a $6.3 billion net loss for the fiscal year ended August 31. Falling ETH prices drove $6.2 billion in unrealized losses on digital assets.
New Texas bill proposes ten million dollar Bitcoin limits for local governments
A new Texas bill would allow cities and counties to invest up to $10 million each in Bitcoin. Representative Ron Reynolds pre-filed House Bill 815 for the 90th Texas Legislature.
KNTQ
+3.2%Kinetiq launches Elysium layer 2 network for the Hyperliquid ecosystem
Kinetiq has launched Elysium, a new layer 2 network built using Arbitrum technology to expand the Hyperliquid ecosystem beyond perpetual futures.
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