Bitcoin's Coinbase premium has dropped to its lowest level this month, signaling intensified selling by U.S. institutional investors. This premium, which measures Bitcoin's price difference between Coinbase and Binance, turned negative, indicating institutions are offloading Bitcoin faster than global retail traders. Concurrently, U.S. spot Bitcoin ETFs have seen $1.3 billion in outflows since mid-May, and Bitcoin open interest fell by $1.5 billion this week, reflecting reduced leverage and weak spot demand. Analysts link this trend to institutions shifting capital toward equities amid macroeconomic uncertainty, with some viewing the negative premium as a potential market bottom signal.
Bitcoin whales accumulated over 270,000 BTC worth about $16.7 billion in two weeks, even as U.S. spot Bitcoin ETFs saw $4.06 billion in outflows in June, their worst month since launch. This divergence highlights a market split where large individual...
Cryptocurrency prices are fluctuating with Bitcoin trading around $61,950, showing a 1.19% increase. Ethereum has gained significantly by 5.68%, while other altcoins like Binance Coin and Cardano also show positive movements. These changes reflect on...
In June, U.S. spot bitcoin ETFs experienced a record $4.06 billion in outflows, marking their worst month ever and pushing them into negative territory for 2026. Despite this, large bitcoin holders, known as whales, accumulated over 270,000 BTC worth...
Bitcoin and Ether markets show signs of recovery, but options data reveals traders remain cautious, favoring protective put options over bullish calls. Bitcoin's one-week put-call skew remains elevated at 16%, indicating ongoing demand for downside i...
Ethereum surged more than 5% in 24 hours, climbing back above $1,700 for the first time since June's selloff, alongside Bitcoin pushing past $60,000. This rally is driven by broader market optimism following dovish Federal Reserve comments on inflati...
