Bitcoin reached around $81,000 driven by $532.2 million in net inflows into Bitcoin ETFs on Monday, signaling strong investor interest. Ethereum ETFs also saw $61.3 million in inflows, supporting a 2% rise in Ethereum, XRP, and Dogecoin prices. Traders note Bitcoin's rally could push it toward $100,000 if momentum holds, while Ethereum faces resistance near $2,400 but could break out to $2,800. Solana shows signs of a potential bottom, and broader risk appetite may boost altcoin performance further.
Ethereum is gaining attention as BitMine, an Ethereum treasury company, continues to accumulate and stake ETH, now holding about 4.8% of Ethereum's total supply. Meanwhile, Michael Saylor's Strategy sold some Bitcoin to fund dividends, challenging th...
Strategy, Michael Saylor's Bitcoin firm known for its 'hold forever' approach, sold $225 million worth of Bitcoin, sparking criticism from Bitcoin skeptic Peter Schiff. Schiff estimates the sale caused a realized loss of $54 million, as the firm sold...
Cryptocurrency markets saw a general decline with major coins like Bitcoin and Ethereum dropping by about 1.2% and 1.1% respectively. Bitcoin traded near $61,883 while Ethereum hovered around $1,748. Other altcoins also experienced losses, reflecting...
U.S. spot Bitcoin ETFs experienced $526.64 million in net outflows from June 29 to July 2, marking eight straight weeks of withdrawals as institutional investors reduce exposure amid market uncertainty. Despite this, Bitcoin remains above the $60K su...
Bitmine Immersion increased its Ethereum holdings by 42,197 ETH, worth about $74 million, raising its total to 5.74 million ETH or 4.8% of the circulating supply. Chairman Tom Lee credits this buying spree to rising investor optimism that the propose...
