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news-imageMarch 3, 2025

Crypto Funds Face Historic $2.9B Outflows!

TL;DR Crypto funds are facing a record exodus of $3.8 billion in the last three weeks, creating uncertainty in the market and leaving many investors concerned. Bitcoin bore the brunt of the losses, with $2.59 billion in outflows, while Ethereum also saw negative flows, and other altcoins followed a similar downward trend.
Publisher: Crypto Economy
Sentiment: Negative
General

More News Articles

Negative
cover-imageTheNewsCrypto
March 3, 2025

Crypto ETPs Face Massive $2.9B Outflow Amid Market Uncertainty

With $2.6 billion in withdrawals last week, Bitcoin took the hit as the biggest asset for global crypto ETPs. According to CoinShares research head, a number of variables contributed to the crypto ETP slaughter.

general-iconGeneral
Positive
cover-imagePYMNTS
March 3, 2025

Crypto Exchange Kraken Says SEC Plans to Dismiss Lawsuit

Cryptocurrency exchange Kraken said in a Monday (March 3) blog post that staff from the Securities and Exchange Commission (SEC) agreed to dismiss the commission's lawsuit against Kraken.

general-iconGeneral
Positive
cover-imageCryptopolitan
March 3, 2025

“10 to 20 percent of $30 trillion tokenization market will come from the Middle East,” says Stobox co-founder

The co-founder of Stobox, a blockchain-based platform designed to tokenize real-world assets (RWAs), during his participation at the Web Summit in Qatar spoke with Cryptopolitan on how the MENA region will become the epicenter of tokenization expecting 10-20 percent ($3- $6 trillion) of the projected $30 trillion tokenization market in 2030 to come from the

general-iconGeneral
Neutral
cover-imageCryptopolitan
March 3, 2025

Coinbase files FOIA request to uncover SEC's crypto lawsuit spending

Coinbase has submitted a Freedom of Information Application (FOIA) to the Securities and Exchange Commission (SEC) to find out how much the regulator spent on crypto lawsuits under Gary Gensler. The exchange's chief legal counsel, Paul Grewal, disclosed this on X.

general-iconGeneral
Neutral
cover-imageInvezz
March 3, 2025

Why analysts are divided over Trump's crypto reserve announcement

President Donald Trump announced on Truth Social on Sunday that he had directed his crypto working group to “move forward” with establishing a Crypto Strategic Reserve, which would include Bitcoin, Ethereum, XRP, Solana, and Cardano. The announcement triggered a major rally in the cryptocurrency market.

general-iconGeneral
Positive
cover-imageCoingape
March 3, 2025

Congress Launches Crypto Caucus to Push Digital Asset Policies: Report

A new Congressional Crypto Caucus has been established in the U.S. House of Representatives, bringing together lawmakers from both parties to support digital asset policies. House Majority Whip Tom Emmer, a Republican, and Representative Ritchie Torres, a Democrat, are leading the initiative to create a unified voting bloc for crypto-related legislation.

general-iconGeneral
Negative
cover-imageBlockworks
March 3, 2025

Trump's crypto reserve is absurd

On Sunday morning, Trump announced on Truth Social his plans to enact a “crypto strategic reserve.” Which assets? The anointed few: XRP, SOL, ADA, ETH and BTC and maybe more.

general-iconGeneral
Neutral
cover-imageCryptopolitan
March 3, 2025

White House Crypto Czar David Sacks says he's sold off all his crypto holdings

David Sacks, the White House's AI and Crypto Czar, confirmed Sunday night that he sold his entire crypto portfolio before taking office in the Trump administration. “I sold all my cryptocurrency (including BTC, ETH, and SOL) prior to the start of the administration,” Sacks posted on X.

general-iconGeneral
Negative
cover-imageCoingape
March 3, 2025

Coinbase Files FOIA To Reveal Cost Of SEC's Crypto Lawsuits

Coinbase has filed a FOIA request against the US Securities and Exchange Commission (SEC), riding on the highs of the dismissal of its case against the securities regulator. A glance at the document reveals that the US-based crypto exchange is seeking a raft of information on the SEC's expenditure in its crypto war.

general-iconGeneral
Negative
cover-imageFinbold
March 3, 2025

Crypto market wipes out $120 million in an hour

The cryptocurrency market has experienced heightened volatility following President Donald Trump's announcement regarding creating strategic reserves for digital assets.

general-iconGeneral
Positive
cover-imageCrypto Economy
March 3, 2025

Uphold Reopens Staking in the US Amid Regulatory Shifts

TL;DR Uphold has relaunched staking in the U.S., allowing users to earn rewards in 19 cryptocurrencies after suspending the service in 2023 due to regulatory uncertainty. Starting March 3, 2025, users can receive weekly rewards in cryptocurrencies like Ethereum (ETH), Cosmos (ATOM), and Polkadot (DOT).

general-iconGeneral
Negative
cover-imageCrypto news
March 3, 2025

U.S. senate to vote on overturning IRS crypto rule

The United States Senate will vote this week on a resolution seeking to overturn the Internal Revenue Service's crypto reporting rule, which industry players argue threatens the decentralized finance sector. Reports that U.S.

general-iconGeneral
Negative
cover-imageCoinspress
March 3, 2025

Crypto ETPs See Record $2.9B Outflow

Crypto ETPs faced a record $2.9 billion in outflows last week, pushing total losses to $3.8 billion over three weeks, according to CoinShares.

general-iconGeneral
Positive
cover-imageCryptopolitan
March 3, 2025

SEC dismisses case against Kraken

The SEC has officially dropped its lawsuit against Kraken today, ending what had been a high-profile battle between US regulators and the crypto exchange. The agency dismissed the case with prejudice, meaning it cannot be refiled.

general-iconGeneral
Positive
cover-imageBitcoin
March 3, 2025

SEC Dismisses Legal Case Against Kraken, Exchange Confirms

The U.S. Securities and Exchange Commission (SEC) has dropped its lawsuit against cryptocurrency exchange Kraken, the company confirmed Monday, ending a high-profile regulatory battle over allegations of operating as an unregistered securities platform.

general-iconGeneral
Positive
cover-imageCryptonews
March 3, 2025

Uphold Relaunches Staking in the US, Reveals US Crypto Reserve Basket

Uphold users in the US can once more earn crypto staking rewards, while the exchange also revealed its novel US Crypto Reserve Basket. The post Uphold Relaunches Staking in the US, Reveals US Crypto Reserve Basket appeared first on Cryptonews.

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