Bitcoin Leads $1B ETF Market Exodus
A wave of heavy redemptions hit crypto ETFs, led by an $818M bitcoin exit, causing over $1B marketwide outflows. #Update #Crypto $BTC
A wave of heavy redemptions hit crypto ETFs, led by an $818M bitcoin exit, causing over $1B marketwide outflows. #Update #Crypto $BTC
Bitcoin is expected to trade between $75,000 and $100,000 in the first half of the year, with potential for a breakout later as regulatory clarity improves. @Bitwise’s Matt Hougan predicts $6.5 million per coin in 20 years. #Update #Crypto $BTC
@Bitget’s BGB to list on @krakenfx, marking a key step in its global expansion post-Morph Foundation transfer. #Update #Crypto $BGB
Kazakhstan allocates $350M from its National Fund to establish a national crypto reserve, investing in crypto-focused hedge funds. #Update #Crypto
Bitcoin’s MVRV Z-score hits record lows, indicating BTC is more undervalued than during past bear market bottoms, suggesting a potential price recovery ahead. #Update #Crypto $BTC
@Coinbase CEO Brian Armstrong faced strong resistance from major U.S. bank executives regarding the crypto market structure bill during the World Economic Forum, raising concerns over stablecoin rewards. #Update #Crypto $USDC
Michael Saylor predicts Kevin Warsh, nominated by Trump, will be the first pro-Bitcoin Federal Reserve Chairman. Warsh views Bitcoin as a market signal. #Update #Crypto $BTC
President Trump selects Kevin Warsh as Federal Reserve chairman, leading US monetary policy and representing the US in global financial forums. #Update #Economy
The Senate Agriculture Committee advanced a crypto market structure bill with a 12-11 vote, granting the CFTC oversight of digital commodities. #Update #Legal
@Binance will convert $1B from its SAFU reserves into $BTC within 30 days, raising concerns about user protection and asset security. #Update #Crypto $BTC
Bitcoin’s volatility surged as Deribit’s DVOL index jumped from 37 to over 44 amid a sell-off, indicating increased fear and caution in options markets following macro uncertainties. #Update #Crypto $BTC
Bitcoin’s price is down 6.12% over the past month, trading at $82,859, as analysts predict continued weakness against the stock market and caution against expecting a rotation from gold to crypto soon. #Update #Crypto $BTC
The crypto market saw $1.68 billion in liquidations, with $1.56 billion from long positions, as $BTC and $ETH led the downturn, reflecting heavy leverage and forced selling. #Update #Crypto $BTC $ETH
@Strive completed a $225M preferred financing, expanding its Bitcoin treasury to 13,132 BTC as institutional demand grows. #Breaking #Crypto $BTC