Bitcoin ETFs Slowdown Sparks $90K Bear Hunt
US spot Bitcoin ETF flows have slowed after significant prior inflows, indicating weaker institutional demand that may lead $BTC into a prolonged correction phase. #Update #Crypto $BTC
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
US spot Bitcoin ETF flows have slowed after significant prior inflows, indicating weaker institutional demand that may lead $BTC into a prolonged correction phase. #Update #Crypto $BTC
Raoul Pal highlights a breakdown in Bitcoin’s correlation with global M2 money supply since July, attributing it to U.S. Treasury actions draining liquidity; he expects normalization soon. #Update #Crypto $BTC
Coffee shops, fast-food chains, and retailers like @Starbucks and @Microsoft now accept $BTC, $ETH, and $XRP payments. Crypto is increasingly integrated into everyday transactions and luxury purchases. #Update #Crypto $BTC $ETH $XRP
@OranjeBTC, a bitcoin-treasury company in Brazil, acquired 3,650 $BTC, surpassing Meliuz as the largest in Latin America and plans a reverse IPO. #Breaking #Crypto $BTC
China-based @JiuziHoldings announces a $1B crypto treasury strategy focusing on $BTC, $ETH, and $BNB to enhance shareholder value, causing a 55% premarket stock surge. #Breaking #Crypto $JZXN (+7) ↗
Ohio State Board of Deposit approves vendor for cryptocurrency payments, including Bitcoin, for state fees and services. Ohio Secretary of State Frank LaRose supports broader crypto legislation. #Update #Crypto $BTC
Sygnia CEO Magda Wierzycka warns against excessive enthusiasm for $BTC, advising it should be no more than 5% of discretionary assets. #Update #Crypto $BTC
India leads onchain volumes while Japan sees fastest crypto growth, per Chainalysis report. Asia-Pacific’s crypto adoption surges, influencing global flows. #Update #Crypto
South Korean police arrested a church accountant for embezzling $350,000 intended for land purchase, investing it in a cryptocurrency scam. Investigations into the fraud and the accountant’s actions are ongoing. #Update #Legal
$BTC surged above $113,900 as institutional buying continues, but faces resistance near $117,500; altcoins like $BNB and $AVAX may see upward trends. #Update #Crypto $BTC
Bitcoin rises 1.7% to $113,700 as gold dips 1.5% to $3,759; year-to-date gold up 42%, Bitcoin up 22%. Both assets show long-term correlation as hedges against inflation. #Update #Crypto $BTC
The global population of crypto millionaires surged 40% to 241,700, driven by Bitcoin’s rise as total market cap hit $3.3 trillion. #Update #Crypto $BTC
Bitcoin faces uncertainty as messy subwave structures challenge resistance at $113,000. Analysts highlight $111,000 support’s importance for bullish momentum. #Update #Crypto $BTC
The Senate Finance Committee will discuss digital assets taxation on October 1, seeking regulatory clarity amid legislative delays. #Update #Legal