Bitcoin ETF Outflows Slow as Giants Buy
Bitcoin ETFs saw $19M outflows on June 11, despite $30.26M inflow from @Blackrock’s IBIT. Ether ETFs lost $15.9M, while HYPE gained $622K. Solana ETFs shed $4.4M. #Update #Crypto
Bitcoin (BTC)
Hyperliquid Whale Secures $2.7M Profit
A Hyperliquid trader holds an 81% short position with a $2.7M profit, as $HYPE drops 28% from its peak, fueling bearish bets. #Update #Crypto
Bitcoin Hits $63,400 Amid Hormuz Closure
Bitcoin trades at $63,400 as Iran keeps the Strait of Hormuz closed despite Trump’s deal claim, impacting oil and inflation. #Update #Crypto $BTC
Bitcoin Sale Policy Shift Saylor Clarifies
@MicroStrategy’s Michael Saylor clarifies that the ‘never sell’ mantra was for individuals, not the company, after selling 32 $BTC for dividends. Strategy holds 845,256 BTC. #Update #Crypto $BTC
Bitcoin ETF Launches Blackrock’s Bold Move
Blackrock’s Bitcoin Premium Income ETF (BITA) may launch by June 19, offering a 0.65% fee, undercutting rivals ahead of Goldman Sachs’ July launch. #Update #Crypto
Bitcoin ETFs Crash $249M HYPE Funds Surge
Bitcoin ETFs saw $213.9M outflows, led by @Blackrock’s IBIT; Ether ETFs lost $35.6M. HYPE and XRP ETFs gained $4M combined, indicating selective demand. #Update #Crypto
Bitcoin Reclaims $63K Amid Iran Tensions
Bitcoin rose to $63,000 after U.S. inflation data and Middle East tensions, with a market cap of $1.25 trillion following President Trump’s de-escalation statement. #Update #Crypto $BTC
Bitcoin Yield ETF Launches with 0.65% Fee
BlackRock files for Ishares Bitcoin Premium Income ETF with 0.65% fee, using covered-call strategy to generate income. Launch expected soon amid competition with Goldman Sachs. #Update #Crypto
Bitcoin Stocks Drop Amid Trump Threat
Trump warns Iran, escalating oil risk; PPI hits 6.5%, pressuring $BTC amid inflation fears. Brent near $92; Kharg Island tensions could impact crypto markets. #Update #Crypto $BTC
Bitcoin Targets $64K as RSI Plummets
Bitcoin’s RSI hits 30, lowest since 2018, signaling oversold conditions. BTC rebounds 2.3% from $60,914 but remains below key moving averages. #Update #Crypto $BTC
Bitcoin Sale Clears $20M Debt Boosts Expansion
@Fold monetized $45M in bitcoin, erasing $20M debt and securing $25M for growth, highlighting corporate crypto treasury flexibility. #Update #Crypto
Bitcoin Legislation Advances in Nigeria Senate
Nigeria’s Senate advances a crypto bill to committee for a 4-week review, aiming to establish a legal framework for digital assets and enhance investor protection. #Update #Crypto
Bitcoin Treasuries: Leverage Hits Record High
Bitcoin treasuries are leveraging at record rates, warns Capriole’s Charles Edwards, likening them to 1929 investment trusts amid Strategy Inc.’s dominance. #Update #Crypto $BTC
Bitcoin Banks Threatened by Quantum Breakthrough
Tim Draper claims banks face greater quantum risks than $BTC, arguing Bitcoin’s decentralized network offers superior security as computing power advances. #Update #Crypto $BTC