Bitcoin ETFs Surge: Positive Inflows and New Opportunities in the Market
TL;DR U.S. spot Bitcoin exchange-traded funds (ETFs) recorded net inflows of $158 million on Thursday, a turnaround from net outflows of $52 million the previous...
Tag : Crypto
Bitcoin Supply Decline Among Short-Term Holders Limits Price Breakout Potential; Market Dominance Hits 54.9%
TL;DR There is a notable decline in Bitcoin supply among short-term holders, the lowest since 2012, while long-term holders are increasing their share. The lack...
Silvergate Capital Bankruptcy Reveals Crypto Market Risks and Financial Sector Vulnerabilities
by Fernando
TL;DR Silvergate Capital filed for bankruptcy on September 18, 2024. The entity, which had shut down in March 2023, will not compensate common shareholders. The...
Crypto Trader Transforms $800 into $400,000 in a Week Amid Meme Coin Surge
TL;DR A trader turned $800 into $400,000 in a week thanks to the memecoin Moo Deng (MOODENG). MOODENG skyrocketed after going viral on social media,...
Binance Launches High-Leverage UXLINKUSDT Perpetual Contract
by Fernando
TL;DR Binance will launch the UXLINKUSDT perpetual contract on September 15, 2024, with leverage up to 75x. The contract will be USDT-margined and will feature...
Grayscale Bitcoin Trust Faces Over $20 Billion in Outflows
by Fernando
TL;DR The Grayscale Bitcoin Trust (GBTC) has surpassed $20 billion in net outflows since converting to an ETF. BlackRock’s iShares Bitcoin Trust saw a resurgence...
Bitcoin Holders Remain Steadfast as Exchange Activity Hits Multi-Year Low
TL;DR Bitcoin is still struggling to surpass $60,000 but has not triggered massive sell-offs. Exchange activity has decreased, with 19% fewer deposits over the last...
Coinbase Denies Bitcoin IOU Allegations Amid BlackRock Collaboration Rumors
TL;DR Coinbase was accused of collaborating with BlackRock in issuing Bitcoin “IOUs” to manipulate its price. Brian Armstrong, CEO of Coinbase, denied the accusations and...
Major Bitcoin Rally on the Horizon: Experts Predict Exciting Weeks Ahead
by Fernando
TL;DR Bitcoin could experience a significant rally in the coming weeks, according to analysts. The re-accumulation range and post-halving synchronization are close to being reached....
Ripple Fuels Speculation with 150 Million XRP Transfer to Unknown Wallet
TL;DR Ripple Labs has sparked concern after transferring 150 million XRP to an unknown wallet, leading to speculation about possible strategic motives behind the transaction....
