US

After experiencing outflows for four consecutive weeks, US spot Bitcoin exchange-traded funds (ETFs) have marked a notable shift in momentum, witnessing net inflows once again. According to recent data from CoinShares, digital asset investment products have seen inflows totaling $130 million for the first time in five weeks. This change suggests renewed investor interest in crypto-focused investment products, particularly in the United States, where most of these inflows, totaling over $130 million, occurred. A Mixed Bag Of Global Investment Flows…

US Bancorp, which manages over $600 billion in assets, has invested $15 million in Bitcoin ETFs, half of which went to BlackRock’s IBIT, according to its latest SEC filings. The Rothschilds have also jumped aboard the bandwagon, revealing that they purchased $4.2 million in IBIT shares through their Swiss-owned bank. The institutions are clamouring for Bitcoin, with the latest to reveal their BTC spot ETF holdings being US Bancorp, JPMorgan and the Edmond de Rothschild (Suisse) S.A. bank. Spot ETFs…

The BRICS mission to boycott the US Dollar is gaining massive traction. India and Nigeria just expanded this mission with non-dollar funded trade deal. India and Nigeria, two major parties in the BRICS alliance have reportedly agreed to use local currencies for bilateral trade instead of the U.S. dollar. This decision has left crypto investors wondering what the outcome would be for Bitcoin (BTC), the largest digital asset. India and Nigeria Signs Trade Agreement According to reports, the two nations…

The post US Court Orders Seizure Of 279 Crypto Accounts Linked To North Korean Crypto Thefts appeared first on Coinpedia Fintech News Justice Timothy Kelly of the US district court has ordered the seizure of 279 crypto accounts and handed over to the US over alleged connections to North Korean crypto thefts. The ruling stems from August 2020 case filed by the US where North Korean-linked entities were transferring illicit crypto funds to exchanges outside US or to unhosted wallets…

The post 2024 Best Online Casinos for Real Money: Legit Online Casinos for US Players appeared first on Coinpedia Fintech News The best online casinos are not always the ones that advertise the most. We searched every corner of the internet to come up with the best list of casinos where you can play and win. Amidst our thorough exploration across the internet, one name consistently stood out: Wild Casino. Our comprehensive research has confirmed its place among the best…

As the crypto market matures, it becomes more predictable. But sometimes, the markets turn the opposite way to expectations. Recently, Bitcoin ETFs have seen a massive buy-in from the lucrative Hong Kong market, and the price was supposed to rise. However, the Bitcoin price dipped 5% despite the buy-ins, which had a knock-on effect on the Ethereum price as well, with ETH losing closer to 7% of value.  Bitcoin (BTC): Bitcoin ETFs precursor to price dip  According to a recent…

JP Morgan and Wells Fargo, two of the largest banks in the United States, have announced their investments into Spot Bitcoin ETFs, unveiling their exposure to BTC, the world’s largest cryptocurrency. This significant development comes amidst the persistent downturn in the crypto market, resulting in BTC’s price dipping slightly above $60,000.  US Financial Banks Expose Spot Bitcoin ETF Holdings American financial services companies, Wells Fargo and JP Morgan, have revealed their exposure to BTC by disclosing their adoption of Spot…

The post Uniswap Founder, Cardano’s Hoskinson and Mark Cuban Reveals Crypto’s Influence on the Next U.S. Presidential Elections appeared first on Coinpedia Fintech News As America’s cryptocurrency industry is increasingly becoming a significant player in the financial landscape, everyone’s eyes are set on how the upcoming election winner is going to bring a crypto-friendly landscape. Uniswap founder Hayden Adams has shed light on their potential impact on the upcoming U.S. presidential election.  The Growing Influence of Cryptocurrencies Hayden Adams, the…

The post US Government Is Going After Tether: Ripple CEO  appeared first on Coinpedia Fintech News In a recent conversation with Chris Vasquez, the ‘World Class’ host, issued a major warning that the US govt is going after ‘Tether’, the largest Stablecoin issuer. While he believes Tether is an important part of the ecosystem, he finds it hard to predict its impact on the broader ecosystem. He also disclosed that he was doubtful of the idea that crypto could replace…