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CryptoNews Roundup: • Bitcoin ETFs on the Rise: • BlackRo | Bitcoin & Crypto Trading

CryptoNews Roundup:

Bitcoin ETFs on the Rise:
• BlackRock’s bitcoin ETF sees over $1 billion in trading volume for the second day.
• U.S.-listed bitcoin ETFs attract $520 million in net inflows.
• Total daily trading volume for these ETFs hits $2.4 billion.
Ethereum’s Rally:
• ETH jumps 11% in the past week, driven by buying pressure in the U.S.
• The “Coinbase premium” indicates a growing gap between Coinbase’s ETH/USD pair and Binance’s ETH/USDT pair.
Opposition to CBDCs:
• Republican Senators, led by Ted Cruz, introduce legislation to block a U.S. Central Bank Digital Currency (CBDC).
• The “CBDC Anti-Surveillance State Act” aims to prevent the Federal Reserve from implementing a digital dollar.
Crypto Hubs:
• HTX’s Hong Kong-based subsidiary withdraws its virtual asset trading license application.
• Crypto exchange OKX expands to Turkey, citing high crypto adoption and transaction volume.
ENS vs. Manifold Dispute:
• ENS Labs settles with Manifold Finance over the eth.link domain name, agreeing to a non-disparagement clause.
• The dispute highlights challenges in bridging Web3 with traditional web services and raises questions about decentralization.
• The settlement was approved by the ENS community through DAO governance, with 88% voting in favor and 84% approving legal expense reimbursement.

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