Bitcoin exchange-traded funds (ETFs) saw a return of inflows, posting $165 million on Thursday according to SoSoValue data. This is the fifth day in a row that ETFs have seen inflows, marking increased institutional demand after weeks of outflows. Institutional Interest Surges Following a loss of more than $6 billion
As another day dawns, the crypto community’s morning tea includes Donald Trump’s speech at the digital summit. While prices have still hit a slump, the regulatory sector has sprung into action in the past day. Notably, a few hours ago, the SEC released a statement discussing that PoW mining is
Prominent market analyst Sam Price has pushed back against claims that Bitcoin’s bull cycle has ended, citing multiple macro indicators that suggest the market is far from its peak. In a recent tweet, Price argued that Bitcoin is closer to the price bottom than the top, urging investors to take
North Carolina is considering a groundbreaking bill that would allow the state to allocate public funds to Bitcoin. The Bitcoin Reserve and Investment Act (SB327) proposes investing up to 10% of the state’s general fund in the digital asset. With North Carolina’s general fund currently holding $9.5 billion, this move
Metaplanet Inc. is now going bullish on Bitcoin. The Japanese company recently acquired another 150 BTC worth $12.5 million at an average price of $83,508. This latest purchase totaled its Bitcoin holdings to 3,200 BTC. The company aims to reach 10,000 BTC by year-end. Metaplanet CEO Simon Gerovich emphasized the
Today, M2, a prominent cryptocurrency exchange and investment platform, announced a strategic alliance with NiceHash, the leading hashrate marketplace in the world that serves more than a million miners worldwide. With the help of this collaboration, miners all around the globe will have easy access to flexible lending options in USDT, enabling
The crypto market has been seemingly entering a consolidation phase over the past few days. The lack of significant action has caused FUD among investors, which has, in turn, initiated a selling spree among short-term traders. Meanwhile, the ETF sector and crypto reserves still show increased activity despite the price
Fluctuating near $83,000, Bitcoin is at a decisive moment. Following a 2.12% pullback on Sunday, BTC posted a minor 0.83% gain to start the week. However, this recovery could be a retest of a broken trendline, which may lead to a potential price reversal toward $75,000. Dormant Whale Cashes Out
US Retail Sales: A Pulse on Consumer Spending The week starts with the release of US retail sales data, which will provide key insights into consumer spending trends. January’s unexpected drop raised concerns, and economists are watching whether February continues this trend. On March 18-19, the Federal Open Market Committee
A Bitcoin whale on Hyperliquid is facing a coordinated effort to force liquidation after opening a $450 million short position with 40x leverage. The trader’s aggressive move has drawn widespread attention from the crypto community, triggering a “manhunt” led by traders aiming to counteract the position. The trader first opened
