BlackRock sold $213 million worth of Bitcoin shortly after a recent purchase, signaling a return to selling amid ongoing market volatility. This move followed a brief inflow in its Bitcoin ETF, which had raised hopes of a market bottom. Analysts note that BlackRock's ETF flows often correlate with Bitcoin's short-term price moves, so the latest outflow suggests continued uncertainty and weak institutional confidence in Bitcoin's recovery. Investors remain cautious as the crypto market shows mixed signals.
Abraxas Capital moved 618 BTC worth about $40 million onto Kraken, likely preparing to sell, while withdrawing 8,153 ETH valued at $15.3 million from Binance and Bybit, signaling a possible shift from Bitcoin to Ethereum. This $55 million transaction...
Bitcoin's price surged above $65,000, reaching a high of $68,560, marking a 29% recovery from its recent low. This rally is driven by $1.2 billion inflows into spot Bitcoin ETFs, reflecting renewed institutional optimism at an average cost basis of $...
Bitcoin has surpassed important resistance levels and formed a bullish reversal pattern, signaling potential gains. The critical level to watch is $65,000; a firm hold above this could lead Bitcoin toward $67,000 and then $70,000. However, if Bitcoin...
Several cryptocurrencies have challenged Bitcoin by focusing on specific features: Monero offers strong transaction privacy, Bitcoin Cash provides cheaper payments, tokenized gold delivers price stability, and stablecoins handle large transaction vol...
Bitcoin's long-term holders, known as whales, have stopped their two-year selling streak, with activity from old wallets dropping by over 50% in 2026. This marks the end of the 'Great Distribution' period, where veteran investors sold large amounts o...
