adminBlackrock, Fidelity Lead $265M Bitcoin ETF Outflows as Ether Gains
In recent developments, u.S. spot bitcoin ETFs posted $265.4 million in net outflows on July 31, led by Blackrock’s IBIT, while spot ether ETFs pulled in roughly $9 million the…
Why a guaranteed 4.47% yield on $44 billion of US debt just raised the hurdle…
In recent developments, the US government sold $44 billion of seven-year debt on July 28, and buyers accepted it at a yield of 4.473%. That was 21.3 basis points above…
Coldcard Exploit Fuels Market Fear as 2 Bitcoin Forks Loom Ahead
In recent developments, bitcoin slipped below $63,000 this week as a major hardware wallet security incident rattled confidence just as traders are preparing for two separate August events that could…
The free ride for VanEck’s Bitcoin ETF is officially over after falling $1….
In recent developments, vanEck’s Bitcoin ETF ends its zero-sponsor-fee period today, July 31, with $1.076 billion in net assets, equal to 43.0% of the waiver’s $2.5 billion asset threshold. The VanEck Bitcoin ETF,…
Bitcoin just slept through Japan’s rate decision, but a swollen yen short i…
In recent developments, bitcoin’s leverage gauges barely flinched after Friday’s Bank of Japan decision. A yen short that had reached 152,125 contracts by July 21 grew to 163,412 by July…
Wall Street is sitting on a $16.3 billion Bitcoin loss, and an August 14 dead…
In recent developments, bloomberg Intelligence estimates the average net cost basis of US spot Bitcoin ETF capital at roughly $82,249, leaving the position about 22% underwater and sitting on $16.33…
Coldcard Bitcoin loss estimate rises to $70M after Galaxy analysis
In recent developments, galaxy Research identified 1,196 addresses that lost 1,082.65 Bitcoin in a 41-minute window, expanding the estimated scope of the Coldcard wallet incident. Looking closer, market participants highlight…
Coinbase spent 5 years building a life raft away from Bitcoin and still manag…
In recent developments, coinbase told investors on Thursday that 88% of its second-quarter net revenue came from something other than Bitcoin spot trading. The same release reported a $359.5 million…
Bitcoin miners saved Texas power grid from collapse, but their lucrative pivo…
In recent developments, texas broke its all-time electricity demand record twice in two days last week. ERCOT served a preliminary 91,308 megawatts around 5 p.m. on July 22, one day…
Bitcoin ETFs end July in the green despite late-month selling
In recent developments, spot Bitcoin ETFs attracted $172.4 million in July inflows but remained $5.3 billion negative year to date after heavy withdrawals in May and June. Looking closer, market…