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Crypto investment products see $584M outflow as Bitcoin descends to $60K

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Apprehension over a delay in interest rate cuts, a strengthening DXY and softness in Bitcoin price back the $584 million outflow in crypto investment products.

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Coin Market

CFTC pulls Wisconsin into fight over prediction market jurisdiction

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The US Commodity Futures Trading Commission has sued Wisconsin in the agency’s fifth lawsuit against a US state to assert jurisdiction over prediction markets.

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Coin Market

Bitcoin’s recent rally is largely fueled by Strategy purchases: Bitwise’s Hougan

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While Bitcoin exchange-traded funds and whale buying have contributed to the recent Bitcoin rally, the key driver has been consistent buying by Michael Saylor’s treasury firm, Strategy, according to Bitwise’s chief investment officer.

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Robinhood dips as Q1 earnings miss and crypto revenue, volume fall nearly 50%

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Robinhood’s Q1 earnings per share and revenue figures missed industry expectations, sending the company’s shares down nearly 10%.

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