Investors have pulled out $4 billion from the U.S.-listed spot bitcoin ETFs in June, the highest outflow on record. www.coindesk.com
Bitcoin
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Finance
XRP Logs Highest ETF Inflow in Six Weeks as Demand Surges Against Bitcoin
by shayaanby shayaanThe broader crypto ETF market has continued to bleed for several weeks, but $XRP remains moving in the opposite direction, outpacing other …
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TL;DR U.S. spot Bitcoin ETFs recorded roughly $1.79 billion in weekly net outflows during the trading week ending June 26. The outflow …
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Bitcoin is the largest pool of value in crypto, but on its own, it cannot touch Ethereum’s world of lending, borrowing, and …
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Markets
Michael Saylor teases more bitcoin buying even as Strategy stock continues to fall
by shayaanby shayaanThe crypto bull shrugged off market skepticism by sharing a chart of the company’s $50 billion stash and teasing that they are …
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The bitcoin advocate said his crypto bottom claim is based on the fact that the traditional four-year halving cycle has changed, although …
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Scams
Strategy’s Saylor Acknowledges ‘Volatility Test’ as STRC Hits New Low on Bitcoin Weakness
by shayaanby shayaanIn brief Strategy’s flagship preferred stock drifted further away from its $100 par value, setting another record low as Bitcoin’s price steadied. …
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Fidelity Digital Assets has pushed back against concerns that Bitcoin’s long-term security will deteriorate as mining rewards decline, arguing in a new …
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Markets
Strategy's valuation has fallen below the value of its bitcoin holdings
by shayaanby shayaanFor years, investors had valued the firm well above its bitcoin holdings, giving Strategy massive flexibility to raise capital as needed — …
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TL;DR Ripple CEO Brad Garlinghouse criticized Michael Saylor’s Bitcoin accumulation model, according to reports from a CNBC interview. The criticism focused on …