Here’s what happened in crypto today

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, US Treasury Scott Bessent signals trade framework deal reached, CZ’s pardon by Trump followed a lobbying push that included $450,000 to Trump-linked lobbyists, and…

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‘House is fine, but door is jammed’: AWS outage shows crypto’s weak spot

‘House is fine, but door is jammed’: AWS outage shows crypto’s weak spot

The 15-hour Amazon Web Services outage that halted Coinbase, Robinhood and MetaMask revealed how much of Web3 still relies on centralized servers. The recent Amazon Web Services (AWS) outage that knocked out major crypto and fintech platforms, including Coinbase, Robinhood, MetaMask and Venmo, has reignited debate over how decentralized Web3 really is. While blockchains continued…

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Here’s what happened in crypto today

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, competition in the Bitcoin mining industry is intensifying, with smaller miners gaining ground on their larger rivals in realized hashrate. Meanwhile, Ferrari is deepening…

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Spot Ether ETFs see outflows for second consecutive week amid ‘cooling demand’

Spot Ether ETFs see outflows for second consecutive week amid ‘cooling demand’

Spot Bitcoin ETFs attracted $446 million in weekly inflows, signaling renewed institutional confidence in BTC as Ether funds faced a second straight week of outflows. Spot Ethereum exchange-traded funds (ETFs) have logged two straight weeks of outflows amid cooling investor sentiment after months of strong inflows. According to data from SoSoValue, Ether (ETH) products collectively…

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‘Another nail in the coffin of the original crypto spirit’: Whales ditch self-custody for ETFs

‘Another nail in the coffin of the original crypto spirit’: Whales ditch self-custody for ETFs

Wealthy Bitcoin holders are moving billions into ETFs like BlackRock’s IBIT as tax benefits and SEC rule changes drive a shift away from self-custody. Bitcoin’s self-custody era may be coming to an end as wealthy holders increasingly transfer their assets into regulated exchange-traded funds (ETFs) amid tax incentives and improving institutional infrastructure. In a Wednesday…

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Prediction markets hit new high as Polymarket enters Sam Altman’s World

Prediction markets hit new high as Polymarket enters Sam Altman’s World

World’s Polymarket Mini App integration came amid prediction markets surging past 2024 records, with $2 billion in weekly trading volumes. World, OpenAI CEO Sam Altman’s digital identity project, formerly known as Worldcoin, is expanding into prediction markets by integrating Polymarket. World App, a mobile application that combines a digital wallet with World’s decentralized identity tool,…

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Why most ‘crypto cities’ flop — and the blueprint execs say might work

Why most ‘crypto cities’ flop — and the blueprint execs say might work

Crypto executives argue that a self-sovereign city powered by cryptographic and decentralized systems is technically possible but would be immensely challenging. While there have been multiple attempts over the years at building “crypto cities” — special zones that rely on blockchain technology to function —most experiments have failed, and crypto executives think they know why. …

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US political turmoil tests ‘institutional confidence’ as crypto ETFs bleed

US political turmoil tests ‘institutional confidence’ as crypto ETFs bleed

The outflows came as “No Kings” protests swept across the US amid a prolonged government shutdown and political division, deepening market risk aversion. US spot Bitcoin and Ethereum exchange-traded funds (ETFs) extended their losing streak Monday, marking another day of outflows as investor sentiment remained fragile amid mounting political and macroeconomic uncertainty. According to data…

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