Bitcoin ETFs Face $3.8B in Withdrawals
US spot Bitcoin ETFs have seen $3.8B in net outflows over five weeks, with $315.9M last week; institutional de-risking amid macro uncertainty is driving withdrawals. #Update #Crypto $BTC
Bitcoin News
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin Rebounds as CME Launches 24/7 Trading
@CMEGroup will launch 24/7 trading for cryptocurrency futures and options on May 29, addressing demand from institutions to manage weekend volatility. #Update #Crypto $BTC $ETH
Bitcoin Surges Above $67000 After Ruling
Bitcoin ($BTC) dropped to $66K amid FOMC minutes revealing Fed divisions on rate changes, while Ethereum ($ETH) faced pressure from billionaire selloffs; institutional interest in XRP grows despite price target cuts. #Update #Crypto $BTC $ETH $XRP
Bitcoin ETFs Face $3.8B in Withdrawals
US spot Bitcoin ETFs have seen $3.8B in net outflows over five weeks, with $315.9M withdrawn last week; Ether ETFs also faced $123.4M in outflows. #Update #Crypto $BTC $ETH
Bitcoin Surges as BlackRock Buys $65M
@BlackRock has purchased $64.5 million in Bitcoin amid a market downturn, coinciding with rising odds for the crypto bill’s passage. #Breaking #Crypto $BTC (+7) ↗
Bitcoin Dips Below ETF Cost-Basis
Bitcoin’s price, now at $68,000, has fallen below ETF cost-basis, with MVRV under 1 indicating increased sell-pressure. ETF net outflows hit $1.08B in February. #Update #Crypto $BTC
Bitcoin Surges Above $68000 After Tariff Reversal
Bitcoin briefly surged above $68,000 after the U.S. Supreme Court overturned Trump-era tariffs, but quickly stabilized. The Fear and Greed Index fell to 8, indicating extreme fear among investors. #Update #Crypto $BTC
Bitcoin Price Calls Drop Signaling Market Health
Bitcoin retail optimism is waning, indicating a return to neutral sentiment, according to @Santiment. This trend may be a healthy sign for the market. #Update #Crypto $BTC
Bitcoin Blunder Sparks $43B Political Storm
South Korean lawmakers scrutinize financial regulators after @BithumbOfficial’s $43 billion Bitcoin mishap, highlighting systemic oversight failures. #Breaking #Crypto $BTC
Bitcoin Investment Booms in Argentina
Argentina’s CNV allows undeclared funds to be invested in crypto, aiming to boost local investments, says Economy Minister Luis Caputo. #Update #Crypto
Bitcoin Talks: Strategy CEO Meets Morgan Stanley
Strategy CEO Phong Le and Morgan Stanley’s Amy Oldenburg to discuss Bitcoin strategy at the Wynn next week, focusing on institutional adoption and emerging markets. #Update #Crypto $BTC
Bitcoin Miner MARA Acquires Exaion Majority Stake
@MARA Holdings acquires a 64% stake in Exaion, enhancing its AI and cloud services strategy. Bitcoin mining difficulty rises 15%, adding pressure on miners. #Update #Crypto $BTC
Bitcoin Rally Awaits Whales to Join
Bitcoin ($BTC) remains stable around $67,915.58, with retail wallets increasing by 2.5% while larger holders decreased by 0.8%, indicating potential choppy price action ahead. #Update #Crypto $BTC
Bitcoin Purchases Defended Amid Market Slump
El Salvador defends its bitcoin purchases amid market slump, with Vice-President Felix Ulloa stating it’s part of a reserve strategy for a future without fiat currencies. #Update #Crypto $BTC