Global

​Nine U.S. spot Ethereum exchange-traded funds (ETFs) faced significant outflows totaling $98.29 million on Monday, marking the fourth consecutive day of negative flows for these products.

Mt. Gox, once the world's largest cryptocurrency exchange, has recently begun test transfers as it prepares to move a substantial amount of Bitcoin. The test is a crucial step in the process of distributing 80,500 BTC to creditors, a significant milestone in the long-awaited resolution of the exchange’s bankruptcy proceedings.

In recent trading sessions, Bitcoin's price has experienced a noticeable pullback, raising questions among investors and analysts about whether the bulls will regain control or if the selling pressure will persist.

Since its launch in May, the Solana-based PYUSD stablecoin has experienced remarkable growth, amassing nearly $240 million in supply. This rapid expansion contrasts with the Ethereum-based PYUSD tokens, which have a supply of approximately $348 million after nearly a year on the market.

Anoma, a prominent player in the cryptocurrency and blockchain space, is currently in negotiations for a significant funding round, aiming to secure $40 million at a valuation of $1 billion.

On July 29 at 16:18 UTC, Arkham Intelligence, a leading on-chain data provider, reported a significant movement in the cryptocurrency world: approximately 28,000 Bitcoin (BTC), originally seized in connection with the Silk Road case by the US Department of Justice, were transferred to new addresses.