Bitcoin
Circle Launches cirBTC On Ethereum To Challenge Coinbase In Synthetic BTC Market
Circle launched cirBTC on Ethereum, a token backed 1:1 by native bitcoin, to enable its use across different DeFi protocols. The total market capitalization of synthetic bitcoin oscillates between $12.5 billion and $13.5 billion, barely 1% of BTC's total value.
Spot Bitcoin ETFs see $1.72B in outflows: Is BTC's drop to $62K the reason?
Assessing how ETF outflows are linked to Bitcoin's lowering price.
Bitcoin ETFs see $91M in outflows as Ethereum ETFs quietly absorb $82M
The shift from Bitcoin to Ethereum ETFs may signal changing investor preferences, impacting future cryptocurrency market dynamics and allocations. Bitcoin ETFs see $91M in outflows as Ethereum ETFs quietly absorb $82M.
How Did Strategy Reach 12.8% BTC Yield YTD Despite Bitcoin's Price Crash?
Strategy reported a 12.8% BTC yield YTD and 845,256 BTC holdings as Michael Saylor said “₿usiness is Good” despite Bitcoin's price crash.
Bitcoin ETFs Record $91.4M in Outflows, but Selling May Be Slowing, Analyst Says
U.S. Bitcoin ETFs recorded net outflows of $91.4 million on June 8, accumulating nearly $5 billion in withdrawals since May 15. Four funds reported net inflows on Monday, though they were outpaced by the $233 million in outflows from BlackRock's IBIT fund.
What The Bitcoin Price Is Doing Now After Bouncing From $59,000
Crypto analyst Ardi has drawn attention to an interesting dynamic amid the Bitcoin price bounce from a recent low of around $59,000. Based on his analysis, the BTC bottom has likely not formed, with the leading crypto set to fall to new lows.
Lamborghini Bitcoin carjacking puts crypto's wrench-attack crisis in a US courtroom
A Missouri man's guilty plea links a Danbury kidnapping to the same human-targeting pattern already visible in France.
Checkonchain Analyst Says AI Rotation Creates Bitcoin's Next Major Entry Point for Holders
Onchain analyst James Check says the conditions building across artificial intelligence (AI) stocks and upcoming initial public offerings (IPOs) are creating a setup where bitcoin ends up the most underowned and least-forced-sale asset in the market when the cycle turns.
No Bitcoin Bull Run This Summer: Expert Trader Peter Brandt's New Outlook Forecasts Slump
It looks like crypto investors may have to forget about a summer rally, as trading veteran Peter Brandt has provided the market with a fresh breakdown of the defensive ProShares UltraShort Bitcoin ETF (SBIT), whose structure allows investors to profit from a decline in the leading cryptocurrency with double leverage (-2x).
Wintermute: No Signs of Capital Returning, Bitcoin Market Bottom Not Yet Confirmed
Wintermute flags persistent ETF outflows and weak inflows as BTC slides to September 2024 lows
Tim Scott says Clarity Act makes Bitcoin safer and more transparent
The Clarity Act could position the US as a global crypto leader by providing regulatory certainty, fostering innovation, and enhancing investor protection. Tim Scott says Clarity Act makes Bitcoin safer and more transparent.
Donald Trump, Benjamin Netanyahu discuss ceasefire in phone call as Bitcoin drops to $63K
Geopolitical tensions impact global markets, highlighting the fragile balance between diplomacy and economic stability amid fluctuating crypto values. Donald Trump, Benjamin Netanyahu discuss ceasefire in phone call as Bitcoin drops to $63K.
