Key Highlights: Spot Bitcoin ETFs endured over $1.16 billion in cumulative outflows across three sessions leading up to early November, pausing briefly before fresh market turmoil. A sharp plunge across tech and artificial intelligence equities dragged the Nasdaq down 5.5% and Nvidia down 9.3%, intensifying pressure on broader risk-on assets like Bitcoin. Market analysts point ...
Key Highlights: Bitcoin reclaimed the $80,200 level, moving above its 50-day, 100-day, and 200-day exponential moving averages (EMAs). A major short squeeze fueled the price rebound, liquidating roughly $694.40 million in derivatives positions across 24 hours, with short positions accounting for around $556 million. Institutional flows rebounded as spot Bitcoin ETFs recorded $74.57 million in ...
Key Highlights: Binance founder CZ highlighted market strength following election results, stating: “Bitcoin is resilient.” Bitcoin and altcoins rebounded to roughly $79,821.88, but futures open interest held flat at $53.40 billion, pointing to a lack of fresh leverage. U.S. spot Bitcoin ETFs registered a muted $74 million in inflows on Wednesday, failing to offset hundreds ...
Key Highlights: Bitcoin consolidated above $80,000 following an initial jump from $78,000, powered by a massive $267 million short squeeze. U.S. spot Bitcoin ETFs snapped a three-day outflow trend by securing $74.6 million in net inflows on Wednesday. Injective (INJ) outperformed the broader altcoin market following Nasdaq’s listing approval for Canary Capital’s staked INJ ETF. ...
Key Highlights: Spot Bitcoin ETFs finished up $74.6 million on Wednesday, supported by $275.6 million in combined inflows from rival funds despite a $201 million outflow from BlackRock’s iShares Bitcoin Trust (IBIT). Ether ETFs ended a persistent seven-day outflow streak, logging their first positive inflow day since early November redemptions weighed on the asset class. ...
Key Highlights: Binance experienced billions in net customer outflows following the reopening of withdrawals, with a company spokesperson confirming $4.72 billion in net redemptions. U.S. spot Bitcoin exchange-traded funds (ETFs) logged $643.33 million in net outflows on October 30, led by BlackRock’s IBIT and Fidelity’s FBTC. Bitcoin rebounded slightly from recent lows near $76,500 to ...
Key Highlights: U.S. spot Bitcoin exchange-traded funds recorded $643 million in net outflows on Friday following a $6.3 billion security breach targeting Binance. Decentralized options exchange Derive linked the massive institutional exit to heightened risk aversion and market pressure following the attack. Market analysts at Bitfire highlight the upcoming U.S. midterm elections, the October nonfarm ...
Key Highlights: Spot Ethereum ETFs recorded a substantial $432 million in net single-day outflows, more than doubling the $203 million shed by spot Bitcoin ETFs. Reporting varies on the underlying catalyst: The Block directly tied the Bitcoin ETF retreat to a security breach at cryptocurrency exchange Binance, while CryptoBriefing presented the net redemptions without identifying ...
Key Highlights Bitcoin fell 11.37% in October, falling from $87,220 to approximately $77,300 to record its first back-to-back October monthly losses since 2011 and 2012. Major altcoins absorbed steeper declines, with Solana plunging 25.81%, Ethereum shedding 21.71%, and XRP falling 16.96%. Massive leverage flushes and shifting institutional flows shook the market, highlighted by $1.54 billion ...
Key Highlights: U.S. Treasury yields retreated across the curve, with the benchmark 10-year yield falling below the critical 5% mark to 4.98%. Bitcoin decoupled from the declining Nasdaq, demonstrating resilience as capital fleeing traditional equities rotated into the digital asset market. U.S. spot Bitcoin exchange-traded funds registered three straight days of positive flows, amassing approximately ...
Key Highlights Bitcoin fell 1.4% to trade near $80,100 after dipping to $79,600, while ether lost 1.7% and the CoinDesk Memecoin Index retreated 3.4%. Crypto liquidations jumped 84% to $337.4 million amid broader global equity weakness spurred by Alphabet’s earnings miss and South Korea’s Kospi slump. U.S. spot bitcoin ETFs provided a continuous counterweight, recording ...
Key Highlights United States spot Bitcoin ETFs registered $176 million in net inflows on Tuesday, extending positive demand into a second consecutive trading session. Ethereum-based memecoin Pepe ($PEPE) jumped roughly 9.4% following Arkham Intelligence reports that Tron founder Justin Sun holds around $51 million of the asset. Crypto futures trading volume surged 7.5% to $163.2 ...