Recent data reveals that spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) experienced collective net outflows amounting to $742.24 million. Blackrock, Valkyrie, and Grayscale Among Crypto ETFs Hit by $742M Reduction On Wednesday, U.S.-based bitcoin and ethereum ETFs faced significant reductions, with bitcoin ETFs losing $582.90 million and ether ETFs seeing $159.34 million in […] Source CryptoX Portal
In today’s issue, Leo Mindyuk from MLTech provides a crypto outlook for 2025 and highlights key factors that could drive the adoption of these assets. Then, Miguel Kudry from L1 Advisors shares his insights on the topic in Ask and Expert. –Sarah Morton You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe here to get it every Thursday. 2025 Outlook for Crypto Adoption: Building Bridges to the Mainstream The crypto industry is entering 2025 with a renewed sense of purpose. Over the past…
An Introduction to Bitcoin Wallet Types Recovering lost Bitcoin wallet passwords is a challenge that many individuals face. This guide, prepared in July 2024, provides an overview of various wallet formats and methods to recover Bitcoin wallet passwords effectively. Can a Lost Bitcoin Password Be Recovered? Yes, recovering a lost Bitcoin password is possible with […] Source CryptoX Portal
Standard Chartered has launched a new entity in Luxembourg to provide crypto custody services across the European Union under MiCA regulation. British multinational financial giant Standard Chartered has launched a new entity in Luxembourg to offer crypto custody services to European Union clients as the E.U. implements the Markets in Crypto Assets — also known as MiCA — regulation. In a Jan. 9 press release, the bank said that the Luxembourg office will be part of the bank’s global push into the crypto space, following the launch of similar services…
A group of insiders at the FDIC has blown the lid on a coverup of the agency’s procedures to avoid having its Operation Chokepoint 2.0 linked documents released through FOIA requests. Additionally, the institution would run disinformation campaigns against its detractors on social media. FDIC Shenanigans Allegedly Exposed: Hiding Documents in Operation Chokepoint 2.0 Coverup […] Source CryptoX Portal
Europe faces mounting pressure to secure its financial future as reliance on U.S. and Chinese payment giants grows, with China’s digital currency threatening dominance. Europe Risks Payment Dependence on China and U.S.—Digital Euro Is Key to Sovereignty A member of the executive board of Germany’s central bank, Burkhard Balz, highlighted the digital euro’s role in […] Source CryptoX Portal
A New York federal court has paused the SEC’s case against Coinbase, granting a rare appeal that could reshape how securities laws apply to crypto. Coinbase Secures Key Legal Victory in SEC Case A federal court in New York has certified an order for interlocutory appeal in the U.S. Securities and Exchange Commission’s (SEC) case […] Source CryptoX Portal
Thailand plans to pilot crypto payments in Phuket, making it easy for tourists to pay for goods and services using digital assets. Tourists Will Soon Be Able to Pay for Goods and Services in Bitcoin Pichai Chunhavajira, Thailand’s Deputy Prime Minister declared on Wednesday, Jan. 8 at a seminar organized by the Thailand Marketing Association […] Source CryptoX Portal
PRESS RELEASE. Achieving its Presale Stage 1 milestone, Stacknova sets the stage for transforming Bitcoin DeFi with AI-driven innovation. Early backers validate its vision as Stage 2 launches soon. Stacknova.ai proudly announces the successful completion of Presale Stage 1, securing $600,000 in funding to fuel the development of the world’s first AI-powered Bitcoin launchpad. This […] Source CryptoX Portal
Kazakhstan authorities have blocked over 3,500 illegal cryptocurrency exchanges in a move to address money laundering concerns. According to a recent press release from the AFM RK, the country’s financial watchdog, the regulator liquidated 36 illegal crypto platforms in 2024 with a combined turnover of 60 billion tenge (roughly $112.84 million) and has blocked access to over 3,500 unregistered crypto trading platforms in collaboration with the National Security Committee and the Ministry of Culture and Information. Citing an uptick in money laundering activities, the regulator said these exchanges lacked anti-money…