AI Summary
- Crypto index funds are gaining popularity as investors seek exposure to an increasingly complex market, according to Bitwise's Matt Hougan, suggesting a shift toward broader investment strategies.
- Bitcoin has seen significant outflows from exchanges, with approximately 400,000 BTC moving to individual wallets and institutional investors, indicating a growing trend of accumulation in light of ETF approvals.
- New regulatory developments are emerging in the U.S. and abroad, with the CFTC launching a pilot program allowing digital assets as collateral in derivatives markets, and Tether gaining recognition for USDT in Abu Dhabi, enhancing its status in the Middle East.
- Market sentiment is shifting amidst increased institutional interest, with reports of significant ETF inflows and a rise in Bitcoin's value, although key price resistance levels and skepticism among professional traders remain concerning.
- Concerns about risks for banks with high crypto exposure are noted by Fitch, while regulatory bodies like the OCC express support for integrating crypto entities within the banking system, hinting at a more collaborative future.
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Sources
Cointelegraph
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Crypto index funds ‘a big deal’ as market complexity grows: Bitwise CIO
2 hours ago
by Cointelegraph by Jesse Coghlan
Wide crypto-tracking funds will become more popular as investors will seek exposure as the market becomes more complex, says Bitwise’s Matt Hougan.
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400K Bitcoin have peeled off exchanges since last year: Santiment
2 hours ago
by Cointelegraph by Stephen Katte
Some of the Bitcoin outflows from exchanges are going to individual users’ storage wallets, but ETFs and institutions are accumulating coins too.
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Tether deepens AI bet, backs Italian firm’s humanoid robots
3 hours ago
by Cointelegraph by Brian Quarmby
The funding will support the development of humanoid robots for industrial use, aiming for “industrial scale performance.”
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Polymarket trading figures are being double-counted: Paradigm
4 hours ago
by Cointelegraph by Martin Young
Paradigm researchers found that major analytics dashboards are double-counting Polymarket’s trading volume due to redundant blockchain events.
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OCC boss says ‘no justification’ to judge banks and crypto differently
6 hours ago
by Cointelegraph by Jesse Coghlan
Office of the Comptroller of the Currency’s Jonathan Gould says crypto companies should have a path to supervision in the banking system, which can evolve to embrace blockchain.
CoinDesk
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Zcash Floats Dynamic Fee Plan to Ensure Users Won’t Be Priced Out
2 hours ago
by Shaurya Malwa
Markets, NewsZEC zoomed 12% amid the fee discussion, beating gains across all major tokens.
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USDC Issuer Circle Secures Abu Dhabi's ADGM License in Middle East Expansion
2 hours ago
by Krisztian Sandor
Finance, Stablecoins, Circle, Abu Dhabi Global Market, NewsThe license allows Circle to expand USDC payment and settlement tools across the United Arab Emirates.
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ETH, ADA, SOL Steady as Timezone Data Shows Europe Drove Deepest Bitcoin Selloff Since 2018
3 hours ago
by Shaurya Malwa
Markets, NewsThe broader market held its recent rebound, though liquidity remained thin ahead of Wednesday’s Federal Reserve decision.
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Dogecoin Holds $0.14 Floor as Network Activity Hits 3-Month High
3 hours ago
by Shaurya Malwa
Markets, NewsRising active addresses and tightening volatility indicate an impending directional move, with $0.16 as a critical breakout threshold.
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Bitcoin Traders Target $20K Bitcoin Strike as Deep Out of the Money Options Gain Traction
3 hours ago
by Omkar Godbole
Markets, Bitcoin News, Deribit, NewsThese flows represent a bullish bet on volatility rather than a downside hedge or outright bearish position.
Decrypt
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Circle Wins ADGM License, Taps Former Visa Executive to Lead Middle East Push
2 hours ago
by Vince Dioquino
BusinessThe approval positions Circle to offer regulated payment services in Abu Dhabi as the UAE accelerates its oversight of crypto.
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Ninth Defendant Pleads Guilty in $263M Crypto Social-Engineering Scheme
2 hours ago
by Vismaya V
Law and OrderEvan Tangeman acknowledged helping launder at least $3.5 million for the SE Enterprise group, along with turning stolen crypto into bulk cash.
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Bitcoin Slips Toward ETF Break-Even Level as Inflows Slow, but Support May Be Building
2 hours ago
by Akash Girimath
MarketsBitcoin is drifting back toward the price where ETF buyers break even, as inflows slow and investors look to the Fed’s decision this week.
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ChatGPT Helps Expose a $1 Million Crypto 'Pig-Butchering' Scam
5 hours ago
by Jason Nelson
Artificial IntelligenceAn online romance led a Bay Area woman to drain her retirement accounts, only for an AI assistant to later warn her it was a scam.
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HashKey Files for Hong Kong IPO, Aims to Be City’s First Listed Crypto Exchange
6 hours ago
by Vince Dioquino
BusinessHashkey's filing shows its push to anchor institutional crypto infrastructure in Hong Kong as the city bolsters its digital assets oversight.
AMBCrypto
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SPX whales return after key retest – Here’s why $1 is in sight
36 minutes ago
by Kelvin Murithi
Altcoin, News, News 1, Social, Trading ViewSPX extends its bullish breakout with a 12% surge as whale accumulation and rising Open Interest drive momentum toward $1.
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Michael Saylor’s Strategy buys $962M Bitcoin despite MSCI pressure – Why?
2 hours ago
by Benjamin Njiri
Bitcoin, BTC Trading View, News 1, Social, Trading View, ambcrypto, featuredIs the MSCI risk overstated as Strategy doubles down on BTC?
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Bitcoin, ETFs, and the ‘dual strategy’ analysts are talking about today
5 hours ago
by Samyukhtha L KM
Bitcoin, BTC Trading View, News, News 1, Social, Trading View, ambcryptoRegulated growth and individuality are now shaping BTC in equal measure.
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Bitcoin price enters ‘controlled volatility’ phase – What this means for $90K
6 hours ago
by Ritika Gupta
Bitcoin, BTC Trading View, News, News 1, Social, Trading View, ambcryptoFrom liquidations to a bear trap: BTC’s volatile setup.
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Why Vitalik’s ‘gas futures market’ idea has split experts
8 hours ago
by Benjamin Njiri
Altcoin, Ethereum, News, News 1, Social, Trading View, featuredExperts are divided on the viability of Ethereum gas futures market