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Bitcoin remained below $70K even as spot bitcoin ETFs recorded the second-largest daily inflows ever. Robinhood acquired Bitstamp to expand its business outside of U.S. Here's your weekly crypto news roundup.
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BlackRock's bitcoin ETF overtook Grayscale's GBTC as the largest spot bitcoin ETF by assets last week. In other headlines, Biden vetoed a crypto bill, while RoaringKitty set cat-meme coins on fire.
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Bitcoin and ether had a weak start Tuesday after short but steep price jumps last week. The House passed a crypto regulation bill as digital assets gain influence on the U.S. presidential campaign.
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Tornado Cash developer Alexey Pertsev was convicted of money laundering by a Dutch judge and received a 64-month prison sentence, in a case that could have implications for others.
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It was a weird week, with volatile bitcoin prices, record single-day spot bitcoin ETF outflows, although the Grayscale bitcoin ETF finally achieved positive fund flow on Friday.