U.S.-listed spot Bitcoin ETFs experienced $277.5 million in net outflows on Thursday, breaking a five-day streak of strong inflows totaling nearly $1.7 billion. The outflows were led by Fidelity’s Wise Origin Bitcoin Fund and BlackRock’s iShares Bitcoin Trust amid Bitcoin’s price drop below $80,000 after briefly trading above $82,000. Despite the overall outflows, Morgan Stanley’s Bitcoin Trust ETF continued to attract inflows, indicating uneven demand across Bitcoin ETFs. The market showed increased volatility and a shift toward caution, with Ethereum ETFs also seeing significant outflows and the Crypto Fear & Greed Index moving back into “Fear.”
National Beverage faces stagnant growth as LaCroix volumes have declined for four straight years, reducing brand excitement. The stock trades at reasonable multiples reflecting muted growth and no clear catalysts for upside. Despite stable gross marg...
Arthur Hayes reversed his crypto strategy by purchasing over $3.7 million worth of Ethereum after selling 6,000 ETH at a loss of about $606,000 just weeks prior. This move follows his pattern of bold crypto trades and quick exits, which have drawn cr...
A bitcoin wallet that had been inactive since 2017 moved its entire holding of 5,908 BTC, now worth about $383 million, to a new, unidentified address. The coins were originally bought near bitcoin's 2017 peak at around $16,000 each and have gained r...
Zcash (ZEC) is approaching the $600 mark after breaking out of a multi-week consolidation, showing strong bullish momentum. The price has surpassed key moving averages and resistance levels, supported by healthy trading volume and positive technical ...
The US will impose a 25% tariff on most imports from Brazil starting July 22, following a yearlong investigation into alleged unfair trade practices by Brazil. The tariffs target issues such as Brazil's demands on US tech firms to remove political co...
