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$59m flows out as ETH pulls back

U.S. spot Ethereum ETFs recorded net outflows of $59.34 million on August 15, ending an eight-day streak that brought $3.7 billion in total inflows. The reversal comes as Ethereum (ETH) retreated from near all-time highs to current levels around $4,450. According to SoSoValue data, only BlackRock’s ETHA maintained positive flows with $338.09 million in single-day…

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Czech police arrest infamous darknet operator in Bitcoin-for-favors scandal

The man behind Sheep Marketplace, a defunct darknet hub, now faces fresh charges after allegedly funneling $45 million in Bitcoin to Czech officials in the justice ministry. Prosecutors confirm the probe covers money laundering and illegal drug operations, signaling a complex criminal web. Summary Czech police arrest Tomáš Jiřikovský, former darknet operator, over a $45M…

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BitMine’s ETH buying spree is clogging Ethereum’s staking pipes: What comes next?

A $130 million ETH purchase puts BitMine further ahead of its corporate rivals, but the influx lands just as Ethereum’s staking entry lines hit multi-day highs, squeezing validator activation timelines. Now, the question isn’t just who’s buying, it’s who can even move their coins anymore. Summary BitMine purchased $130 million in ETH, increasing its corporate…

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Bitcoin’s biggest Wall Street backer takes the wheel at World Economic Forum

BlackRock CEO Larry Fink nominated as interim co-chair of World Economic Forum board Summary Larry Fink, CEO of BlackRock, became interim chair of the World Economic Forum board Formerly a Bitcoin skeptic, Fink has been the driving force behind Wall Street’s crypto adoption WEF founder, Klaus Schwab, recently resigned amid reorganization Bitcoin (BTC) may soon…

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