In brief U.S. spot Bitcoin ETFs posted $225.2 million in net outflows on July 23, ending a seven-day streak that had pulled …
shed
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In short Bitcoin fell below $60,000 to an intraday low of $58,189, down 6.4% for the week and near the lowest level …
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In brief U.S. spot Bitcoin ETFs have shed $2.1B in June, pacing May’s $2.4B total outflows. Net assets declined $33B from $109B …
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Markets
Bitcoin, ether eye worst weekly rout since FTX collapse as cryptos shed $390 billion
by shayaanby shayaanA week that began with Strategy’s bitcoin sale ended with one of the largest crypto market drawdowns in years. www.coindesk.com
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In brief Bitcoin ETFs posted nine consecutive days of outflows totaling $2.8 billion through May 28. Whale balances are contracting year-on-year and …
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Scams
Bitcoin ETFs Shed $649M in a Day as Long-Term BTC Holders ‘Limit Downside Potential’
by shayaanby shayaanIn brief Bitcoin ETFs saw $648 million in outflows Monday, led by BlackRock’s IBIT with $448 million. Long-term Bitcoin holders have accumulated …
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Markets
Bitcoin has shed $5,000 within days. ETF flows, and derivatives say this selloff could worsen
by shayaanby shayaanBitcoin has fallen about 6% from $82,000 to $76,800, but underlying data point to more than routine pullback. www.coindesk.com
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In short Ethereum ETFs posted outflows of $184 million for four consecutive days through April 30. Bitcoin ETFs also lost $476 million …
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In brief Ethereum investment products lost $222 million last week, the most of any digital asset tracked by CoinShares. Total crypto fund …
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Finance
Report Recommends China to Shed US Treasuries as Yuan Internationalization Grows
by shayaanby shayaanA report issued by Renmin University’s International Monetary Institute argues against maintaining large foreign exchange reserves, mainly U.S. Treasuries, as the yuan …