Spot Bitcoin ETFs bleed $1.7B as outflow streak hits four weeks

In recent developments, blackRock’s IBIT accounted for most of the weekly Bitcoin ETF redemptions, while Fidelity and Grayscale funds also saw outflows. Looking closer, market participants highlight key drivers such…

One Week After Selling 32 BTC, Strategy Buys 1,550 More for $101 Million

In recent developments, strategy has added 1,550 bitcoin to its treasury for approximately $101 million, bringing its total holdings to 845,256 BTC and its USD reserve to $1.0 billion. Executive…

Is Bitcoin Bottoming? MVRV Falls to 1.1, Entering the ‘Cheap Zone’ That M…

In recent developments, bitcoin has slipped into what analysts call a “cheap zone,” with its market value to realized value (MVRV) ratio falling to 1.1, a 27-month low. A reading…

Chinese court treats Bitcoin as property in 107 BTC memory theft case

In recent developments, man in eastern China who stole 107 Bitcoin using a memorized seed phrase gets 10 years and nine months behind bars. The development has drawn attention from…

BTC price bottom not due until Q4? Five things to know in Bitcoin this week

In recent developments, bitcoin traders warned that it should be Q3 at least before the real BTC price bear market bottom entered. The development has drawn attention from traders and…

White hats rescue $500K in NFTs after Flooring exploit

In recent developments, coinGecko and NFT Price Floor data show NFT market cap has cooled since April, while CryptoPunks and BAYC remain top collections by value. Looking closer, market participants…

Ethereum OG Dumps $188M Near $2,040, Buys Back ETH 23% Cheaper

In recent developments, a long-dormant Ethereum investor sold about $188 million in ether and related tokens just before this month’s market crash, then began buying back at sharply lower prices,…

Trader Nails BTC Bottom: Buys $98.9M Bitcoin at $59,734 and Nets $3.5M Profit…

In recent developments, a single whale bought 1,656 BTC worth about $98.9 million almost exactly at this month’s local bottom, then booked roughly $3.5 million in paper profit within two…

Zcash teams propose Ironwood pool to restore supply verification after Orchar…

In recent developments, ironwood would close the old Orchard pool to new activity and route funds through a turnstile before they enter a new shielded pool. Looking closer, market participants…

Bitcoin’s Bounce to $64,000 Wipes out $320 Million in Crypto Shorts in 15 M…

In recent developments, a sudden bitcoin rebound torched roughly $320 million worth of short positions across the crypto market in just 15 minutes, as bearish traders were caught offside by…