Spot Bitcoin ETFs experienced net outflows for four consecutive days, with recent data indicating a US$340.9m one-day reduction. Despite significant outflows, analysts view this market correction as a natural cooldown from record-breaking ETF inflows. With the Bitcoin Halving event approaching, further profit-taking and market adjustments are anticipated. Spot Bitcoin ETFs have had net outflows for […]
Peter Schiff Highlights Problem With Owning Bitcoin ETF — BTC Investors Respond Self-Custody Is Key
Gold bug Peter Schiff has highlighted a problem with owning spot bitcoin exchange-traded funds (ETFs). However, the issue Schiff pinpointed isn’t unique to bitcoin ETFs. This discussion has reignited calls for self-custody among crypto proponents. Peter Schiff’s Warning Prompts Self-Custody Push Gold advocate and economist Peter Schiff has highlighted a problem with owning spot bitcoin […]
CryptoQuant Analysis Shows Market May Be Overheating, Heading For Further Correction
Bitcoin reached an all-time high of US$73,750, stirring talks of a correction after a dip to US$60,963. Overheating indicators like the Bull-Bear Market Cycle and high trader profits signal a potential shift to bearish conditions. Despite immediate correction predictions, low new investment flows and valuation levels hint the bull cycle will persist. Bitcoin’s recent climb […]
Coinbase And Blackrock Team Up For Novel Tokenised Ethereum Fund
BlackRock is working with tokenisation company Securitize to deliver a new financial product to its investors. The Ether-based fund will be sold at USD $1 per token, providing investors with yield from cash, bonds and other TradFi assets. Coinbase will be providing core infrastructure for the fund, named BUIDL. BlackRock’s first foray into the world […]
Beyond Bitcoin ETFs: ‘There Are Other Players Controlling This Market’ – Says Analyst
Recent observations by Eric Balchunas, a senior ETF analyst at Bloomberg, suggest that the movements in Bitcoin’s price are influenced by factors beyond just the flows of spot Bitcoin Exchange Traded Funds (ETFs). According to Balchunas, who shared his insights on X, “bigger forces at work” shape the largest cryptocurrency’s valuation. This indicates that the […]
VeChain (VET) Soars: Chart Patterns Point to Bullish Momentum Ahead
VeChain (VET) is witnessing a notable resurgence, marked by a significant uptick in its market value. At the time of writing, the current price of VET is $0.041569, which comes tied to a strong 24-hour trading volume that stands at $142.52 million as well as a market capitalization of approximately $3.02 billion. Over the past […]
Bitcoin Creator Satoshi Now Holds the Ultimate Runestone Ordinal—Here’s Why
The Runestone parent inscription, a 4MB Bitcoin Ordinal, was effectively burned via the move, sealing the broader collection forever.
OKX Reveals Crypto Gaming Launchpad With Ethereum Scaler Immutable
The alliance will see crypto exchange OKX and gaming network Immutable team up for various integrations alongside the GameFi launchpad.
Sleeper ICO-era project becomes 3rd most actively developed crypto app
A decentralized messaging app has soared into the top three most actively-developed crypto projects of the last month.
YGG and Coins.ph Partner for Faster, Cheaper Transfers to Axie’s Ronin Blockchain
The partnership seeks to bring benefit to the 92,700 members of YGG Pilipinas