Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, cryptocurrency investment products clocked a fourth straight week of outflows last week as Bitcoin struggled below the 70,000 mark, Aave founder Stani Kulechov said DeFi could benefit from tokenizing $50 trillion worth of abundance assets. Strategy’s Michael Saylor is bucking a market rout with signals that more Bitcoin buys are planned.
Crypto funds failed to attract enough inflows last week to reverse negative sentiment and clocked a fourth consecutive week of outflows.
Crypto exchange-traded products (ETPs) recorded $173 million in outflows, following the previous week’s $187 million, according to a CoinShares update on Monday.
