Capital flows into exchange-traded funds (ETFs) in the cryptocurrency market continue, with both Bitcoin and Ethereum-based spot ETFs recording consecutive net inflows. According to SoSoValue data, Bitcoin spot ETFs saw a net inflow of $11.84 million on the April 21 US trading day, continuing a streak of positive flows for the sixth consecutive day. The
Chinese crypto billionaire Li Lin’s private trading empire will soon move into a Hong Kong-listed company he controls, in a move designed to cater to growing investor demand for digital assets. That Hong Kong-listed firm is Bitfire, a wealth management company, where Li is the largest shareholder. Bitfire said Wednesday that it will pay $1.6
Finance is shifting fast, and crypto neobanks are moving into the center of that change. However, the line between trading apps, banks and wallets is fading as crypto services spread into everyday payments and investing. From trading venue to financial hub The new model is broader than speculation. Crypto-friendly neobanks now target mainstream use cases,
Trust and oversight are now central to crypto investing in Italy, according to the latest Crypto Compass from Boerse Stuttgart Digital. The study shows that Italians increasingly want security, transparency and service before they commit capital. Regulation and service lead the decision process About 80% of Italians say regulation and transparency matter when choosing a
Crypto and crypto markets pulled back Tuesday as Federal Reserve chair nominee Kevin Warsh said U.S. President Donald Trump never demanded he cut rates when he takes the helm at the central bank. Speaking before the Senate Banking Committee, Warsh emphasized the independence of the Federal Reserve, pushing back on speculation about political pressure on
Kevin Warsh told senators at his Senate confirmation hearing on Tuesday that he would keep monetary policy independent from the White House and signaled openness to lower interest rates as he seeks to succeed Jerome Powell as Federal Reserve chair. His appearance before the committee comes as Trump has intensified his attacks on Powell for
New federal filings reveal that Trump and the GOP have amassed a historic $1.2 billion cash stockpile. Crypto executives have played a major role in funding the Republican war chest for the November midterms. Professor Jayati Ghosh of the University of Massachusetts Amherst has warned that the Trump administration is pursuing a “self-destructive” strategy that
As is known, the term of current FED chairman Jerome Powell expires in May. US President Donald Trump nominated Kevin Warsh to replace Powell as FED chairman. Kevin Warsh, who is expected to become the next FED chairman, appeared before the Senate Banking Committee today. In his testimony, Warsh stated that the current economic environment