BlackRock's spot Bitcoin ETF saw $317 million worth of Bitcoin sold by its clients this week, contributing to a broader $1 billion net outflow from U.S. spot Bitcoin ETFs that ended a six-week inflow streak. Despite the selling pressure, BlackRock still holds about $64.34 billion in Bitcoin, bought at an average price of $83,200. The sell-off reflects growing risk aversion among institutional investors amid recent crypto market volatility, with Bitcoin dropping below key levels and triggering significant losses for bullish traders. This trend may continue as investors reduce exposure to crypto assets amid uncertain market conditions.
Robert Kiyosaki, author of Rich Dad Poor Dad, has doubled down on his support for bitcoin, gold, and other hard assets amid economic uncertainty. He projects gold could reach $35,000 an ounce by 2035, citing recent price rallies as early signs of a l...
A recent surge in cryptocurrency market volatility has sparked potential short-term recovery opportunities for Bitcoin, Solana, XRP, and Shiba Inu. Despite some price rebounds, all four remain in broader bearish trends, with key resistance levels yet...
Standard Chartered identified three bullish signals for Bitcoin: fresh corporate buying by Strategy, positive inflows into Bitcoin ETFs, and falling oil prices. These factors have improved market sentiment and suggest Bitcoin's price bottom may be in...
Bitcoin has bounced back to around $67,000 after dipping to $60,000, supported by increased on-chain buying. However, the options market shows a negative gamma exposure near this level, which tends to amplify price swings rather than stabilize them. ...
Bitcoin has surpassed the key resistance level of $64,360, signaling strong buyer control and bullish momentum. The price currently trades around $66,153, with increased trading volume and technical indicators like MACD and CMF supporting continued u...
