Bitcoin and Ethereum funds lose $942 million in outflows amid market volatility

Bitcoin and Ethereum funds lost $942 million last week, with Grayscale and CoinShares among the largest outflows amid market volatility.
SEC forms Digital Assets Group to enforce cryptocurrency regulations in 2023

The SEC establishes a Digital Assets Group to regulate cryptocurrencies like Bitcoin and Ethereum, impacting over 10,000 digital tokens and market stability.
Bitcoin drops below $113,000 amid Federal Reserve policy review and 15% market decline
Bitcoin dropped below $113,000, sparking debate among investors like Michael Saylor and institutions such as BlackRock over market direction and regulatory impacts.
Solana SOL rebounds from $150 golden pocket support, targets $210 resistance level in July 2024

Solana SOL tests golden pocket support at $150, with analysts eyeing a $210 rebound target based on Fibonacci retracement levels from recent highs.
Hacker converts $53 million theft into $103 million, acquiring additional Ethereum in 2023
A hacker converted stolen $53 million into $103 million, purchasing additional ETH, impacting Ethereum and increasing illicit funds by 94 percent.
Analyst selects Ethereum, Solana, Cardano as key altcoins amid 2024 market trends

Analyst highlights Ethereum, Solana, and Cardano; Ethereum processes 1.3 million daily transactions, with Solana and Cardano showing notable activity increases.
SkyBridge Capital tokenizes $300 million on Avalanche blockchain boosting AVAX adoption

SkyBridge Capital tokenizes $300 million on Avalanche blockchain, with AVAX price rising 15% amid institutional adoption and blockchain expansion.
Federal Committee reviews state cryptocurrency rules for Bitcoin and Ethereum by December 2024

The Federal Committee reviews state-level rules affecting Bitcoin and Ethereum, with 12 states proposing new cryptocurrency regulations by December 2024.
Ether Trader loses $6 million from $43 million portfolio in cryptocurrency market downturn

Ether Trader lost $6 million after a portfolio decline from $43 million, involving Ethereum and Bitcoin amid market volatility and trading errors.
Michael Saylor reverses mNAV policy causing 15% MSTR stock decline on August 22

MSTR stock fell 15% after Michael Saylor reversed the mNAV policy, impacting MicroStrategy’s Bitcoin holdings valued at $8 billion.