Developments Standing Out in the Crypto Market

Recent developments in the crypto market stand out, such as the declining interest in Bitcoin exchange-traded funds (ETFs), senators’ requests not to approve crypto ETFs, and the court decision regarding Craig Wright’s claim not to be the creator of Bitcoin, Satoshi Nakamoto. Interest in Bitcoin ETFs Declining U.S.-based Bitcoin ETFs had a period of declining net inflows by 80% recently. On March 14th, the net inflow reached the lowest level in the last eight trading days with $132 million. Despite the record inflows in previous days, this couldn’t be prevented. Investors’ concerns about market volatility, regulatory uncertainties, and macroeconomic factors were effective. Senators Warn Against ETFs Two U.S. senators requested SEC Chairman Gary Gensler not to approve crypto ETFs to protect investors from fraud and manipulation risks. Meanwhile, Coinbase’s chief legal officer objected to senators’ concerns, stating there are strong data in the market. Decision in Craig Wright Case A […]

Developments Standing Out in the Crypto Market

Recent developments in the crypto market stand out, such as the declining interest in Bitcoin exchange-traded funds (ETFs), senators’ requests not to approve crypto ETFs, and the court decision regarding Craig Wright’s claim not to be the creator of Bitcoin, Satoshi Nakamoto.

Interest in Bitcoin ETFs Declining

U.S.-based Bitcoin ETFs had a period of declining net inflows by 80% recently. On March 14th, the net inflow reached the lowest level in the last eight trading days with $132 million. Despite the record inflows in previous days, this couldn’t be prevented. Investors’ concerns about market volatility, regulatory uncertainties, and macroeconomic factors were effective.

Senators Warn Against ETFs

Two U.S. senators requested SEC Chairman Gary Gensler not to approve crypto ETFs to protect investors from fraud and manipulation risks. Meanwhile, Coinbase’s chief legal officer objected to senators’ concerns, stating there are strong data in the market.

Decision in Craig Wright Case

A UK court ruled that Craig Wright is not the creator of Bitcoin, Satoshi Nakamoto. He was accused of producing fake documents and fabricating his past. The decision in this case was welcomed by the Crypto Open Patent Alliance (COPA) aimed at contributing to the advancement of crypto patent technologies.

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how to buy crypto?
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