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U.S. spot Bitcoin exchange-traded funds (ETFs) experienced a notable decline on Wednesday, recording $18.66 million in net outflows.

ARK Invest, the asset management firm founded by Cathie Wood, has divested approximately $36.4 million worth of Robinhood (HOOD) shares, totaling 1.4 million shares, from its three funds.

Taiwan's Financial Supervisory Commission (FSC) plans to initiate a trial for crypto custody services in the first quarter of 2025.

"Following last month’s half-percentage-point cut in the fed funds rate, a more gradual path back to a normal policy stance will likely be appropriate from here to best balance the risks to our dual-mandate goals," Logan said in her first public remarks since the Fed reduced its policy rate to the 4.75%-5.00% range three weeks ago. In prepared remarks to an energy conference hosted by the Greater Houston Partnership, Logan ran through a litany of reasons to go slow, even as she also noted that inflation progress has been broad-based and the labor market has cooled. "I continue to see a meaningful risk that inflation could get stuck above our 2% goal," she said, noting the potential for stronger-than-expected consumer spending or economic growth; "unwarranted" further easing in financial conditions; and the possibility that the level of borrowing costs that neither presses down or up on economic growth - the "neutral rate" - is higher than it was before the pandemic.

Amid the crowded cryptocurrency market, three stand out above others.

WeightWatchers (WW International) (NASDAQ:WW) stock is trading higher on Wednesday, with a session volume strong at 31.45 million, compared to an average volume of 3.25 million as per data from Benzinga Pro. WeightWatchers stock is trading higher on continued strength after the company announced on Tuesday that it will add compounded semaglutide to its offering. Semaglutide is an active ingredient in Novo Nordisk A/S’s (NYSE:NVO) ultra popular Wegovy and Ozempic. Over the past year, WeightWatche

India's planned discussion paper outlining its policy stance on cryptocurrencies has been held up due to other priorities, two people familiar with the matter told CoinDesk.

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Global investment management firm VanEck is expanding its venture capital presence with the launch of a new fund focused on fintech, digital asset or artificial intelligence (AI) companies in pre-seed or seed stages, it announced Wednesday.

Arcadium Lithium shares jumped to their highest level in months Wednesday after Rio Tinto announced it would acquire the lithium miner for roughly $6.7 billion.