The crypto market is in a bearish trend, and amid this downturn, the U.S. spot Bitcoin exchange-traded funds (ETFs) had a significant net inflow. While the German government has been going through a strong selling spree throughout this week, the spot Bitcoin ETFs in the U.S. witnessed significant accumulation. According
In the past few weeks, the German government’s Bitcoin selling was the most discussed and watched within the crypto community. The government of Germany in a span of three weeks has managed to sell a notable 50,000 BTC. In the last 24 hours, their BTC holdings have fallen to almost
The bullish streak for the U.S spot bitcoin exchange-traded funds (ETFs) reached five days on Thursday, with a total daily net inflow of $78.93 million. SoSoValue data shows that the biggest net inflows of the day were $72.09 million into BlackRock’s IBIT, the biggest spot bitcoin ETF by net asset
TL: DR Markets Show Quick Recovery as Clandeno ICO Approaches Bitcoin (BTC) recovered above $58,000 as buyers reappeared for both spot coins and ETF positions. Chainlink (LINK) followed the trend, rising close to $13 after signs of renewed accumulation. Bitcoin (BTC) traded at $58,396.66 while seeing a recovery of volumes
The German government’s Bitcoin holdings have seen a drastic 90% reduction, with Bitcoin (BTC) falling to break the $60,000 zone twice in 48 hours. This substantial sell-off has led to heightened market volatility and investor concern. In January, the German authorities seized a substantial stash of Bitcoin, totaling 49,860 BTC,
There wasn’t enough support in the House of Representatives to override President Joe Biden’s veto of a measure that would have affected an SEC regulation requiring banks to list cryptocurrencies as a liability on their balance sheets. A total of 228 House members casted their votes on July 11 to
Crypto markets and the rest of the global financial industry were waiting with bated breath for today’s US CPI numbers. Notably, compared to Wall Street’s predictions, the most recent figures from the U.S. Labor Department show that inflation slowed to 3% in June. Market mood, which had been hurt recently
On Wednesday, the U.S. spot bitcoin exchange-traded funds (ETFs) had a net inflow of $147.37 million, continuing a streak of four days of positive fund flows. SoSoValue statistics shows that Fidelity’s FBTC received $57.79 million on Wednesday. Up next was Franklin Templeton’s ETF, which raised $31.66 million, its highest funding
The slightest revival of the Bitcoin price yesterday was less impactful than expected, failing to break $60,000. BTC struggled to clear the $59,500 level and dipped by 0.39% over the past 24 hours to a bottom of $57,209. The German government’s recent sell-off might shake the market and has made
The 45th President of the United States and presumptive Republican nominee, Donald Trump, will deliver a speech at Bitcoin 2024 in Nashville, TN. The announcement comes on the heels of Trump’s public support for the American Bitcoin industry. This will be the first time a U.S. president publicly addresses the
