Bitcoin ETFs See Another $277 Million Outflow with Long-Term Holders Selling
Spot Bitcoin ETFs recorded $277 million in net outflows on December 16, led by BlackRock’s IBIT, as total ETF AUM fell sharply over the past two months.
Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Spot Bitcoin ETFs recorded $277 million in net outflows on December 16, led by BlackRock’s IBIT, as total ETF AUM fell sharply over the past two months.
Bhutan commits up to $1 billion in Bitcoin to build the world’s first mindfulness-based economic hub.
After peaking during the 2021 cycle, every subsequent rally has failed beneath long-term resistance for THETA.
OpenSea now accepts $POWER tokens earned through Fableborne gameplay as payment for NFTs, marking a first for gaming-earned tokens on the platform.
PancakeSwap debuts Probable, an on-chain prediction platform on BNB Chain with zero trading fees, targeting crypto, sports, and global events markets.
Hong Kong fintech RedotPay closes $107 million Series B round to expand stablecoin-powered financial services globally, bringing total raised to nearly $200 million.
Tether co-led an $8 million funding round for Speed1, a Lightning Network payment platform processing $1.5 billion annually, to advance Bitcoin-native stablecoin commerce infrastructure.
US unemployment unexpectedly rose to 4.6% in December, the highest rate since September 2021, despite job additions. Crypto analysts believe this could prompt Fed easing measures that may benefit Bitcoin.
Cardano (ADA) is under pressure after falling nearly 6% in the past 24 hours and 10% over the last week, according to CoinMarketCap.
XRP price rebounded from the key $1.88 support level after slipping below $2.00, though analysts remain confident about the potential for a 200% rally.