Bitcoin Bleeds the Most as Crypto ETPs Record Largest Weekly Outflows of $2.9 Billion: CoinShares

Bitcoin suffered $2.59B in outflows as total crypto ETP withdrawals hit a record $2.9B in one week. CoinShares attributes the sell-off to macroeconomic uncertainty, a major exchange hack, and profit-taking following a prolonged inflow streak.
The post Bitcoin Bleeds the Most as Crypto ETPs Record Largest Weekly Outflows of $2.9 Billion: CoinShares appeared first on Cryptonews. …

U.S. Senate to Vote on IRS Broker Rule This Week: Report

The U.S. Senate is reviewing an IRS rule that categorizes DeFi operators as brokers, raising concerns over its impact on blockchain innovation and tax compliance. A potential reversal could redefine crypto regulations and shape the broader landscape for digital assets in the U.S.
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