Browsing: Bitcoin

Bitcoin ETFs recorded an outflow of $11.6 million while Ethereum funds experienced a $9.2 million inflow on July 27, according to data from @WuBlockchain. These movements highlight ongoing volatility in the cryptocurrency ETF market, where investor interest has fluctuated between the two major digital assets. The outflow from Bitcoin ETFs could suggest a temporary decline…

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Leading cryptocurrencies fell sharply on Monday as investors weighed developments around the Clarity Act and a pause in U.S.–Iran hostilities.

(Bloomberg) — Heavy outflows from US-listed Bitcoin exchange-traded funds late last week underscored the fragility of the token’s recent recovery.

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Traders spent most of July with a pretty good explanation for why Bitcoin wouldn’t move. A dense cluster of options contracts had the price boxed in, they argued, because the dealers who sold those contracts were buying every dip and selling every rally to keep their own books balanced. Clear the contracts away, and Bitcoin…

Investors have added $233.96 million to U.S. spot Bitcoin (CRYPTO:BTC) ETFs and $337.74 million to Ethereum (CRYPTO:ETH) funds in July, marking the first positive flow month for both cryptos since April.

Federal regulators and policymakers have shepherded cryptocurrency from the fringes of investing into the mainstream, introducing digital assets to exchange-traded funds and retirement accounts. 

Poolin, once the largest Bitcoin mining pool, has filed for Chapter 11 bankruptcy in New Jersey. The Singapore-based company, which previously controlled up to 20% of the global Bitcoin hashrate, cited substantial liabilities of approximately $173.1 million against assets valued between $1 million and $10 million. The bankruptcy filing includes two U.S. affiliates and marks…

Bitcoin Price Prediction: Second Bullish Pattern Emerges as BTC Eyes $60K | FXEmpire Advertisement Advertisement