Bitcoin ETFs have recorded seven consecutive days of net inflows since July 14, marking the longest streak since early May. This inflow totals $981.2 million and coincides with Bitcoin prices reaching up to $66,300, indicating renewed investor confidence after heavy outflows in May and June. Analysts view this trend as a potential bullish signal for a rally toward $70,000, though caution remains due to risks of overheated buying. The market will closely watch ETF flows as a key indicator of sentiment and direction.
Cryptocurrency markets saw a general downturn with Bitcoin trading around $64,817, down 1.58%. Major altcoins including Ethereum, Dogecoin, and Avalanche also experienced significant price drops, with Dogecoin falling nearly 4.8% and Avalanche down o...
Bitcoin dropped nearly 2% to trade below $64,700, losing about $20 billion in market value and triggering $42.3 million in long position liquidations. The decline followed stalled progress on the U.S. Senate's CLARITY Act and a surge in oil prices ab...
Dave Portnoy, founder of Barstool Sports, is selling his XRP holdings at $1.40 instead of waiting for the price to reach $2. He needs the cash urgently to participate in upcoming thoroughbred horse auctions in Saratoga and Cleveland. Portnoy's decisi...
Large holders of XRP are increasing their positions while smaller retail investors are selling, according to a crypto analyst. Institutional purchases by firms like Franklin Templeton and Fidelity suggest confidence in a future crypto cycle despite r...
Anthony Scaramucci, founder of SkyBridge Capital, said Bitcoin is expected to gradually increase in value despite current negative market sentiment, which he attributes to investor fear rather than poor fundamentals. He highlighted limited Bitcoin su...
