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Global crypto exchange-traded products drew $224 million in inflows last week after a $414 million outflow the week before, according to CoinShares. The headline number looks like a recovery but a deeper look shows that the rebound is far narrower than it appears.Switzerland alone accounted for roughly $157 million of the $224 million total, meaning 70% of global inflows came from a single country. Germany and the United States each contributed about $28 million. Canada added a much smaller $11 million.The asset breakdown is similarly concentrated. XRP led all inflows at approximately $120 million, more than half the global total…
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On March 26, the International Olympic Committee (IOC) announced a new policy that ensures female Olympic sports categories will be reserved for actual female athletes, as opposed to trans-identified men. Under the new policy, women will be required to prove their eligibility with a cheek swab or blood test—a simple one-time procedure that’s less intrusive than the drug-testing regimens that Olympians have submitted to for decades. The new policy will be warmly greeted by the substantial majority of ordinary people—on both sides of the political spectrum—who embrace the common-sense view that men should not be allowed to steal roster and…
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The EU’s so-called Chat Control plan, which would mandate mass scanning and other encryption breaking measures, has had some good news lately. The most controversial…
A cryptocurrency venture tied to U.S. President Donald Trump is facing fresh scrutiny after partnering with a firm whose “flagship project” had recently involved…
Bitcoin (BTC) continues to show strong support at $67,000, even as a growing split between BTC’s price stability and bearish sentiment among investors leaves…
In brief Morgan Stanley’s Bitcoin Trust is expected to debut as early as Wednesday after the SEC flashed a regulatory green light for the…
Aave’s decentralized autonomous organization backed a proposal to move its V4 protocol toward deployment on Ethereum mainnet, signaling broader support for the upgrade after…
In brief The contracts track major U.S. stocks and indices but do not grant ownership, functioning as synthetic exposure products. Traders can post Bitcoin,…
Connecticut lawmakers have proposed a bill that would limit grocery stores to no more that eight self-checkout lanes, require at least one employee for every…
As the Iran war rages on, U.S. Treasury yields – the market’s gauge of borrowing costs – have surged to multi-month highs, pricing in…
Hostplus, Australia’s third-largest pension fund by member count, is reportedly considering offering cryptocurrencies as an investment option, citing interest from its members in the…
The company that built decentralized finance (DeFi) powerhouse Balancer is closing.Balancer co-founder Fernando Martinelli announced Tuesday that Balancer Labs, the corporate entity that incubated…
The US Securities and Exchange Commission’s former top enforcement official reportedly clashed with the regulator’s top brass before resigning last week, with part of…
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