Memory-chip stocks are attracting capital and attention as crypto markets settle into apathy.
Kraken has launched Bitcoin Vault, an on-chain yield product on Kraken Earn that lets users keep spot exposure to bitcoin while earning BTC‑denominated returns sourced from DeFi strategies.
A large, unidentified holder sold roughly $1.3 billion worth of BlackRock's spot Bitcoin ETF, IBIT, through a dark pool on Tuesday morning, in what ETF analysts described as an unusually large block trade. The sale stood out not only because of its size, but because the market appeared to digest it with little visible disruption.
Bitcoin reached $78,000 after rebounding from under $74,500, but the move failed as BTC slid roughly $3,000 to $75,200. Reports of renewed US-Iran strikes and pressure linked to a reported sale through BlackRock's IBIT coincided with Bitcoin's reversal during an already fragile market session.
Kraken's Bitcoin Vault could drive increased BTC utilization, but users must weigh yield benefits against smart contract and withdrawal risks. Kraken unveils Bitcoin Vault to enhance yield for BTC holders.
Outflow Streak: Bitcoin ETFs posted $333.7 million in withdrawals on Tuesday, extending a seven‑day negative run totaling $1.88 billion. Institutional Activity: A $1.3 billion IBIT block trade lifted total ETF volume to $4.4 billion, indicating strong liquidity even as major issuers such as IBIT, FBTC, and GBTC led outflows.
Bitcoin (BTC) may be on the verge of a fresh bearish phase as technical indicators flash warning signs while the asset remains in consolidation.
A “bloodbath” bitcoin price warning has been issued as traders flee BlackRock's bitcoin exchange-traded fund (ETF)
At 10:30:34 a.m. ET, a single IBIT print of 29,212,864 shares, crossed at $43.16, for a notional of roughly $1.26 billion.
Bitcoin miners' stocks are rising because the market no longer sees them only as BTC producers. It now values them as holders of electricity, land, data centers, and capacities useful to artificial intelligence.
The new earn product lets users generate BTC-denominated rewards through DeFi strategies while keeping exposure to bitcoin's price.
A market dynamic that characterized the steep bitcoin BTC$75,892.91 and crypto market selloff early this year is making a comeback: Traders are again preferring dollars over the largest cryptocurrency.