U.S. spot Bitcoin exchange-traded funds (ETFs) faced a significant setback on February 25, reporting their largest-ever daily net outflow of approximately $938 million. This downturn follows a broader crypto market rout that has seen Bitcoin’s price falter, trading below the crucial $90,000 mark. In total, the 11 Bitcoin funds experienced
Last year was a year of major changes in the crypto market. There were many events that took center stage, such as new laws and new trends. Everyone was watching, as Bitcoin’s price was moving up and down. So, what were the moments that left a mark? Read on to
Bitcoin (BTC) fell to $86,008.23 before recovering slightly. It is now trading at $88,763.49, down 0.15% in the last 24 hours. The market cap stands at $1.76 trillion, with a 24-hour trading volume of $81.23 billion, pushing the market cap ratio to 4.75%. BTC is facing immediate resistance at $90,000,
“Murder Over Crypto Deal” is not an ideal headline that the digital assets community usually wakes up to. However, news of a Chinese citizen killed at a luxury hotel in South Korea has sent alarms across the industry. He was believed to be trading crypto at the time of death.
Despite the recent market turmoil and an 11% decline from Monday’s peak, prominent analyst Titan of Crypto insists that Bitcoin’s underlying bullish structure remains intact. In an X post on Monday, February 24, Titan of Crypto highlighted that Bitcoin is still trading in line with a bullish inverse head and
The largest crypto asset, Bitcoin (BTC), has been navigating through a narrow bridge for the last few weeks. BTC has come up short in escaping the consolidation phase. BTC has been trading below $100K since February 4, facing rejections despite multiple recovery attempts. Bitcoin’s price has lost over 7.02%, crashed
If big hedge funds pull out of US Bitcoin exchange-traded funds, BitMEX co-founder Arthur Hayes predicts the price of bitcoin may drop below $70,000. According to what Hayes mentioned on X on February 24, there may be significant withdrawals from spot Bitcoin ETFs like the BlackRock iShares Bitcoin Trust (IBIT)
Amid the recent crypto market crash—Bitcoin fell as much as 5% in a span of 10 hours—both Metaplanet and El Salvador piled on the Bitcoin. Metaplanet spent $13 million (or around $96,185) for 135 Bitcoin. While El Salvador, a country that stacks Bitcoin, bought 7 Bitcoin on February 24 (when
Are you looking for the best cryptocurrencies to invest in? The cryptocurrency market is ranging, with Bitcoin hovering around the critical $95,000 mark and Ethereum struggling to break past $2,800. A 1.65% drop in total market cap, bringing it down to $3.15 trillion, has been linked to significant security breaches.
Cryptocurrencies have solidified their role in the global financial landscape, spearheaded by Bitcoin (BTC) and XRP. Amidst these stalwarts, BlockDAG (BDAG) emerges as a formidable contender, shaking up the status quo with innovative technology and a groundbreaking approach to mining. XRP is targeting dominance in cross-border payments, and Bitcoin continues
