On early Tuesday, Bitcoin’s value dropped sharply to $67,900. This marked a decline of over 3.3% from its Monday peak of approximately $71,200.  This downturn coincided with significant changes in the flow of funds within Bitcoin exchange-traded funds (ETFs), which switched to negative flows after 19 consecutive days of positive inflows. Bitcoin’s Price Drops Causes Over $100 Million in Liquidations …

By Lisa Pauline Mattackal (Reuters) – As football fever builds for major tournaments in Europe and the Americas, a small yet buzzy part of the cryptoverse is stealing centre stage: fan tokens. These are not your average digital assets, they’re tokens issued by national sides or individual clubs that promise supporters a tradeable way to engage with their teams. Activity …

By Lananh Nguyen NEW YORK (Reuters) – The oldest U.S. bank is getting a new name. Bank of New York Mellon is embracing BNY as its new moniker, CEO Robin Vince wrote in a memo to employees on Tuesday. The company also unveiled block-lettered signs with the three-letter name across its major offices. Since it was founded 240 years ago …