Cryptocurrency investment products faced heavy outflows on Thursday as the total crypto market capitalization fell about 6%.Bitcoin (BTC) and Ether (ETH) funds recorded nearly $1 billion in outflows, among the largest of the year so far, according to SoSoValue.Spot Bitcoin exchange-traded funds (ETFs) led the sell-off, shedding $817.9 million, exceeding last Wednesday’s $708.7 million outflows and marking the largest daily outflow since November 2025.The crypto decline coincided with broader market weakness, including a 4% drop in gold after a recent surge above $5,300, according to data from TradingView.Industry observers linked the market slump to fresh tariff threats by US President…

A Delaware judge has allowed a shareholder lawsuit accusing several Coinbase directors of insider trading to proceed, despite an internal investigation that cleared the executives of wrongdoing.The case, filed by a Coinbase shareholder in 2023, alleges that company directors, including CEO Brian Armstrong and board member Marc Andreessen, used confidential information to sidestep more than $1 billion in losses by selling shares around the company’s public debut in 2021. According to the complaint, insiders sold more than $2.9 billion worth of stock, with Armstrong personally offloading about $291.8 million.On Friday, Delaware Chancery Court Judge Kathaleen St. J. McCormick rejected a…

AI & Crypto

Read More

Politics

Don't Miss!