Bitcoin Continues Rebound as Spot ETFs See $295 Million in Deposits – Decrypt
Amid a mix of bullish and bearish factors in the cryptocurrency market, Bitcoin has once again surpassed $57,000. The price marks a significant recovery from last week’s lows, when Bitcoin dropped to $54,092.80, according to data from Coingecko. One of the most notable recent developments has been the robust inflows into Bitcoin ETFs despite market […]
Silent $8 Million Bitcoin Whale Awakens and Does This By U.Today – Investing.com
U.Today – According to blockchain tracking site Whale Alert, an address holding 140 BTC, now worth over $8 million, has resurfaced after a decade of inactivity. The address, dubbed “1BLoHu,” first received 140 BTC in 2013, when it was valued at around $107,000. As mentioned earlier, the transaction from 11 years ago came from a […]
Germany transfers about $40m in Bitcoin amid ongoing selloff – crypto.news
The German government has transferred 700 Bitcoin (BTC) worth approximately $40.47 million. The transaction is part of an ongoing trend in which governments have been consistently selling off their Bitcoin holdings since June. German Bitcoin Liquidations Continue According to blockchain data analytics platform Lookonchain, the German government has transferred an additional 700 BTC to cryptocurrency […]
Crypto Trader Says Blue-Chip Altcoin Could Nosedive by 45%, Updates Outlook on Bitcoin – The Daily Hodl
A noted crypto analyst is warning that a popular altcoin could be facing a major correction. Crypto trader Ali Martinez tell A member of social media platform X’s 66,600 followers warned that decentralized oracle provider Chainlink (LINK) could see a significant price drop after failing to hold a critical support level. “LINK Could Face a […]
Ethereum ETFs Set to Launch: A Sidekick to Bitcoin ETFs? – TipRanks.com – TipRanks
The long-awaited spot Ethereum (ETH-USD) U.S. ETFs have been the talk of the crypto community, but these new ETFs may not live up to the lofty expectations set by the Bitcoin ETF. Bloomberg According to analyst Eric Balchunas, an Ethereum ETF could become a “sidekick” to the already established Bitcoin ETF, similar to Robin to […]
US Bitcoin ETFs See $20.45M Outflow: Nine Funds Remain Flat – CryptoPotato
US spot Bitcoin ETFs experienced net outflows of $20.45 million on Wednesday. Interestingly, only two of them made moves amid market uncertainty. Grayscale’s GBTC saw outflows of $26.99 million, while Fidelity’s FBTC gained $6.55 million. The remaining nine funds, including BlackRock’s IBIT, Bitwise’s BITB and VanEck’s HODL, did not report inflows. US Bitcoin ETF Market […]
Trump’s crypto pivot: Bitcoin as ‘strategic reserve’ for 2024 elections? – AMBCrypto News
Donald Trump has endorsed BTC as a strategic reserve asset. President Trump’s pro-crypto stance has galvanized a voting bloc of crypto company executives and owners. Former President Donald Trump has significantly changed his stance on cryptocurrencies, which he once despised, in an effort to challenge and defeat current President Joe Biden by attracting the votes […]
Legendary Trader Peter Brandt Issues Crucial Bitcoin Warning for Bulls By U.Today – Investing.com
U.Today – (BTC) opened Thursday by dropping to $57,300. The cryptocurrency is currently trading at its lowest level in nearly three months, since the end of April. The second-largest cryptocurrency by market cap, , also started the day lower, but so did the broader market. In the past 24 hours, positions worth $319.98 million were […]
Crypto Liquidations Top $200 Million as Ethereum, Bitcoin Fall – Decrypt
Cryptocurrency market liquidations surged to a one-week high on Wednesday as the price of Bitcoin fell below $60,000. Over 74,000 traders lost $208 million in the past 24 hours. Coin Glass The data shows. Most of that – about $184 million – hit investors who had held long positions betting that prices would rise. The […]
Bitcoin gives up late June gains amid warning $60K holding is 'lucky' – Cointelegraph
Bitcoin traded at $61,000 on July 3 after the US inflation outlook worsened. BTC/USD 1-hour chart. Source: TradingView Fed Chairman Powell postpones rate cut Data from Cointelegraph Markets Pro Trading View It showed that BTC price is gradually recovering from a 2% daily close drop. This exacerbated the existing decline, resulting in a local low […]