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Decentralized tech, including crypto trends, DeFi, and NFTs.
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Cryptocurrency returns to November 2024 level as it is swept up in tech stock sell-off
Net weekly outflows from Bitcoin ETFs reached $690 million as BTC briefly touched $60, 000, reigniting analyst criticism over “paper Bitcoin” and scarcity.
Strategy executives Phong Le and Andrew Kang say the company is on a strong financial footing despite it now being down 17. 5% on its Bitcoin holdings.
Bitcoin risks a deeper slide as miners and US spot ETFs cut BTC exposure, adding supply pressure during a fragile downtrend.
CFTC Chair Mike Selig described the proposal as a “frolic into merit regulation” by the Biden administration.
Bitcoin’s 12-day ETF outflows, derivatives data and the crypto market in tandem trading with tech stocks suggest traders will continue to cut exposure to risk…
Bitcoin fell below $73, 000 on Tuesday as investors sold the asset to hedge against heightened geopolitical and economic uncertainties.
Bitcoin fell under $73, 000 as futures liquidations soared and worries over this week’s US corporate earnings triggered a stock sell-off. Will traders finally…
Almost 89% of the family offices polled by JPMorgan report zero crypto exposure, with average allocations to digital assets and Bitcoin remaining well below 1%.
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