The FBI’s Internet Crime Complaint Center disclosed in its 2023 report that Americans were swindled out of $5.6 billion due to cryptocurrency fraud, marking a 45% increase from the previous year. Crypto-related issues constituted 10% of all complaints but nearly half of the total financial losses reported. In 2023, the FBI fielded 69,000 complaints about […]
U.S.-listed spot bitcoin ETFs experienced a notable shift, recording $28.7 million in net inflows on Monday, breaking a record streak of outflows totaling $1.2 billion. This marked the first day of positive inflows in September, a month historically viewed as bearish for bitcoin. The recent outflows had reduced the total net inflows since the ETFs’ […]
Bitcoin has seen a remarkable surge in trading volume in 2024, outstripping the highs of the 2021 bull market by 20%. This growth, recorded at $2.874 trillion on centralized exchanges in just the first eight months of the year, eclipses the $2.424 trillion from 2021, marking a historic achievement for Bitcoin’s market dynamics. Factors Driving […]