United States-based spot Bitcoin and Ethereum exchange-traded funds (ETFs) bled on Thursday, ending a run of inflows since Donald Trump was elected president on Nov. 5. 

Farside Investors shows the 11 ETFs together posted a net outflow of $400.7 million on Nov. 14 as Bitcoin (BTC) saw a drop over the day and is down 2% over the last 24 hours at $88,200. 

The only two funds to see positive flows were BlackRock’s iShares Bitcoin Trust ETF (IBIT), which had $126.50 million worth of net inflows al

Consensys Ethereum validator node provider Infura says it’s made significant progress in its Decentralized Infrastructure Network (DIN), announcing plans to launch as an Actively Validated Service (AVS) on Ethereum restaking platform EigenLayer.

“By leaning on Ethereum’s economic security through EigenLayer, we continue to build on DIN’s steady progress creating a Web3 permissionless marketplace for infrastructure services,” said head of product for Infura DIN, Tom Hay, in an announcement made

Life sentence for Chinese official in crypto espionage case

A former Chinese government employee, identified as Wang Moumou (a placeholder name that translates to “so-and-so” used in China to anonymize individuals) has been sentenced to life imprisonment for selling state secrets to foreign intelligence agencies in exchange for 1 million yuan (about $138,000) in cryptocurrency payments.

Chinas Ministry of State Security said in a WeChat post that Wang racked up big losses and debts from his cr

Bitcoin’s record-breaking rise since the United States elections is expected to continue, and investment manager and fund issuer VanEck is targeting a price of $180,000 by sometime next year.

“It is just getting started,” VanEck’s head of digital assets research Matthew Sigel told CNBC’s “Squawk Box” on Nov. 14.

“We’re now in blue sky territory, no technical resistance, and we think we are likely to make repeated all-time highs over the next two quarters,” he added.

Bitcoin (BTC) has risen ab

Each month, our panel of crypto lawyers looks at the legal implications of some of the thorniest problems facing the industry in different jurisdictions around the world.

United States authorities have recently charged 18 individuals with cryptocurrency market manipulation following a Federal Bureau of Investigation (FBI) sting operation, in which law agents created a token to lure market makers into illegal wash trading. 

The case has sparked debate on the application of traditional financial

The Bitcoin market stumbled almost 3% after the United States Federal Reserve hinted that further interest rate cuts might not be coming, contrary to expectations from those in the crypto and wider financial market.

“The economy is not sending any signals that we need to be in a hurry to lower rates,” said Federal Reserve Chair Jerome Powell during a speech in Dallas, Texas, on Nov. 14. 

Powell’s statement comes after two recent rate cuts in September and November of 50 and 25 basis points, re

The ongoing legal battles between crypto firms and the United States securities regulator will likely fade away with Donald Trump reelected as the 47th president of the United States, Consensys CEO Joe Lubin said.

“So my guess is, in a way that is not embarrassing, they figure out ways to get the cases dismissed or settled, or something like that,” Lubin told Cointelegraph at DevCon 2024 in Thailand. 

Joe Lubin sits down with Cointelegraph’s Andrew Fenton. Source: Cointelegraph

“Maybe not all

Chris Giancarlo, the former Commodity Futures Trading Commission Chair, has squashed rumors that he’s in the mix to take over Gary Gensler as head of the Securities and Exchange Commission.

“I’ve made clear that I’ve already cleaned up earlier Gary Gensler mess [at the CFTC] and don’t want to have [to] do it again,” Giancarlo, widely known as “Crypto Dad,” said in a Nov. 14 X post. 

Giancarlo was a CFTC commissioner between June 2014 and April 2019, joining a few months after Gensler left his

United States President-elect Donald Trump has announced his former chair of the Securities and Exchange Commission Jay Clayton will serve as US Attorney for the Southern District of New York.

Trump spoke highly of Clayton in the Nov. 14 announcement on social media platform Truth Social, noting that he has been a “highly respected business leader, counsel, and public servant.”

”Jay is going to be a strong Fighter for the Truth as we, Make America Great Again,” Trump said.

Source: Donald Trum

Bitcoin (BTC) traded down by 4.1% on Nov. 14 following US inflation data that marginally exceeded market expectations. This decline mirrored the S&P 500 index futures, which fell from 6,023 to 5,980 over four hours.

As a result, traders are now questioning the extent of this correlation and when Bitcoin’s inflation-hedging attributes might offer some protection in an environment of persistent inflation.

S&P 500 index futures (left) vs. Bitcoin/USD (right). Source: TradingView

While the Octobe

At the height of the COVID-19 pandemic, China plunged its economic capital, Shanghai, into a two-month lockdown in an attempt to outlast the virus — but it also wanted to eradicate any dissent regarding its zero-COVID policies, sparking one of Ethereum’s so-called “based rollups.”

“I lived in my apartment in the Shanghai COVID shutdown. I lived in my small apartment for almost three months without going out once,” Daniel Wang, co-founder and CEO of Taiko Labs — creator of the Ethereum layer 2 b

President-elect Donald Trump's transition team is considering current and former Commodity Futures Trading Commission (CFTC) officials to chair the financial regulatory agency, according to Reuters News.

The CFTC plays a crucial role in regulated cryptocurrency markets in the United States, second only to the Securities and Exchange Commission (SEC).

Summer Mersinger, a Republican CFTC commissioner who has urged the regulator to take a more accommodating stance on crypto, is among those under

Ilya Lichtenstein, one of the individuals who admitted to being behind the 2016 hack of the crypto exchange Bitfinex, has been sentenced to five years in prison.

In a Nov. 14 hearing in the United States District Court for the District of Columbia, Judge Colleen Kollar-Kotelly sentenced Lichtenstein to five years in prison following his guilty plea to conspiracy to commit money laundering. Prosecutors had recommended the Bitfinex hacker serve five years for his role in the theft of Bitcoin (BTC

Blockchain analytics firm Arkham Intelligence has started a points program to woo traders to its newly launched a cryptocurrency derivatives exchange, according to a Nov. 14 announcement.

Traders can earn points from trading spot crypto and perpetual futures contracts, Arkham said. The program will last for 30 days and points will be convertible to Arkham’s native token, ARKM.

On Nov. 6, Arkham launched a digital assets derivatives exchange. The exchange will reportedly target retail traders a

Crypto exchange EDX Markets has seen trading activity take off on its platform in 2024, reporting over $36 billion in volume since January from institutional clients. 

According to the exchange, its average daily volume rose by 59% over the third quarter of this year. EDX’s proprietary matching engine is said to have processed more than 2 million trades and over 2.6 billion orders in October. 

Founded in 2022, the company is backed by many top Wall Street firms, including Charles Schwab, Citad

Thai fintech SCB 10X has launched a wallet to enable the use of US dollar- and Thai baht-pegged stablecoins. The Rubie Wallet is being trialed by foreign visitors at the Devcon event in Bangkok while it is still part of the Bank of Thailand (BOT) and Thai Securities and Exchange Commission regulatory sandbox.

The Rubie Wallet has many collaborators

The Rubie Wallet features a scan-to-pay closed QR loop that is being accepted by around 100 local merchants from Nov. 5 to Nov. 25. Users must unde

18 US states have filed a lawsuit against the Securities and Exchange Commission (SEC) and Chairman Gary Gensler, accusing the financial regulator of “gross government overreach” against the nascent crypto industry.

The joint lawsuit against the SEC. Source: Eleanor Terrett

The plaintiffs include Nebraska, Tennessee, Wyoming, Kentucky, West Virginia, Iowa, Texas, Mississippi, Ohio, Montana, and others. The legal complaint reads:

"The Securities and Exchange Commission (SEC) has not respected

Opinion by Denis Petrovcic, co-founder and CEO of Blocksquare.

Wealth is becoming one of the most significant indicators of the generational divide, with real estate investing overwhelmingly dominated by the most senior cohorts. Many young people face the harsh reality that inheritance may be the only path to home ownership — and only for those fortunate to inherit. 

While there are no magical solutions to capital distribution, fractionalized real estate tokens offer an accessible route into r

Ether (ETH) demonstrated a strong 29% impulse move last week as it broke above $3,000 for the first time since August. However, its bullish momentum has slowed despite Bitcoin (BTC) moving by 13% over the past few days.

Ethereum 1-week chart. Source: TradingView

While Ethereum has been up by only 0.66% since Nov. 11, data suggests that whales are evaluating its current price point as a window of opportunity for long-term accumulation.

“Fresh” Ethereum whale buys $23.44 million in ETH

Through

McDonald’s is bullish on Doodles, the media franchise that began as a non-fungible token (NFT) project. “McCafé x Doodles Holiday cups coming 11/18,” McDonald’s and Doodles have both confirmed in recent posts on X.

McDonald’s hooks up with change agent

According to the advertising trade press, the McDonald’s-Doodles campaign is called “GM Spread Joy.” It will feature limited-edition McCafé cups with Doodles-inspired artwork and a chance to win digital wearables and animated content accessible