Crypto funds see $110M in Bitcoin outflows as BTC price drops and investors risk off

Last week, $110 million was withdrawn from Bitcoin investment products as investors risked off in the face of mounting geopolitical events and Bitcoin’s waning momentum. Read more »

BTC price drops to 1-week low as traders focus on Bitcoin whales, Nvidia

Bitcoin shows signs of strain amid heavy overhead BTC price resistance and overheated funding rates. Read more »

GBTC drops BTC stake by 21%, Celsius exits bankruptcy, and more: Hodler’s Digest, Jan. 28 – Feb. 3

Grayscale Bitcoin Trust sold off a significant portion of its Bitcoin in January, Celsius to return over $3B to creditors, and $900M in tokens to be unlocked in February. Read more »

DeFi economic activity drops 15% in August —VanEck

According to an analysis from investment manager firm VanEck, exchange volume across DeFi protocols declined to $52.8 billion in August, 15.5% lower than in July. Read more »

Binance drops majority of USD Coin reserves — Latest USDC news

This week’s episode of The Market Report explores the reasons why Binance let go of a majority of its USDC reserves and what it replaced them with. Read more »

Powell drops bombshell: Fed to play 'leading role' in developing digital currencies

Federal Reserve Chairman Jerome Powell announced Thursday that the world’s largest central bank would strive to become a “leader” in providing central bank digital currency (CBDC) standards. “We are committed at the... Read more »

Saylor gets sued, FBI warns about DeFi exploits and Crypto.com drops $495M sponsorship: Hodler’s Digest, Aug. 28-Sept. 3

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