US spot Bitcoin ETFs have experienced a historic $6.35 billion net outflow over 30 days, marking six consecutive weeks of capital withdrawals and a decline from a $63 billion peak. This trend reflects growing institutional caution driven by persistent US inflation, restrictive monetary policies, and geopolitical instability, including the US-Iran conflict. Despite the outflows, BlackRock suggests these movements may represent strategic reallocations within crypto products rather than a loss of confidence in Bitcoin's long-term value. Market watchers remain concerned about continued volatility and risk aversion impacting crypto investments in the near term.
Since August 2020, Strategy has aggressively increased its Bitcoin holdings to 846,842 BTC, now worth $54.4 billion. Despite a challenging 2022 bear market that briefly put its assets below debt, the company raised over $60 billion through debt and e...
Sui Network announced it reached a milestone of one million operations per second, highlighting its focus on scalability and AI-driven blockchain activity. This achievement, shared by Sui co-founder Adeniyi Abiodun and amplified by community posts, e...
Bitcoin's recent price drop saw large inflows into exchanges, but this trend is reversing with net outflows returning and selling pressure easing. Derivative markets show reduced leverage and funding rates have dropped, indicating fewer aggressive lo...
Nearly $404 million in leveraged crypto positions were liquidated in 24 hours, mostly from short sellers as Bitcoin and Ethereum prices rose modestly. About 72% of liquidations were shorts, indicating a short squeeze that forced bearish traders out. ...
Ethereum is trading near a key rising trendline around $1,726, a level crucial for its short-term direction. If ETH breaks above and holds this trendline, it could push towards resistance levels at $1,760, $1,815, and possibly $1,850, signaling a rec...
