Investment giant BlackRock has transferred 2,544 Bitcoin (approximately $292 million) and 101,975 Ethereum (roughly $372 million) to cryptocurrency exchange Coinbase Prime. This activity signals a potential shift from accumulation to sell-off positioning as transfers to exchanges typically precede institutional selling.… Read More »BlackRock Moves $664M in BTC and ETH to Coinbase Amid ETF Outflows
XRP skyrocketed beyond the $3 threshold, reaching its highest valuation since 2018 amid substantial institutional accumulation and heightened interest in alternative cryptocurrencies. Trading volume surged over 100% during this rally, reflecting intensified market participation. The price retreated to approximately $2.75… Read More »XRP Surges Past $3 Before Retracement as Institutional Investors Take Profits
US spot cryptocurrency exchange-traded funds (ETFs) experienced nearly $1 billion in net outflows on August 1 amid significant investor withdrawals across major digital assets. Bitcoin ETFs accounted for the bulk of exits at $812 million, marking the largest single-day outflow… Read More »US Crypto ETFs See $1 Billion Exodus as Bitcoin Funds Post Largest Daily Outflow in Five Months
Long-term Bitcoin holders are reducing their positions near the critical $120,000 resistance level, shifting into net negative accumulation territory in a clear signal of profit-taking behavior. This trend coincides with Galaxy Digital’s recent sale of 80,000 BTC, a significant institutional… Read More »Bitcoin Holders Take Profits Near $120K Resistance as Galaxy Digital Executes Major Sell-Off
U.S. spot Bitcoin exchange-traded funds (ETFs) registered net outflows totaling $86.04 million recently, reflecting a divergence in investor behavior across different funds. This mixed trend highlights contrasting dynamics within the market. Leading the outflows, Fidelity’s Wise Origin Bitcoin Fund (FBTC)… Read More »U.S. Spot Bitcoin ETFs Record Net Outflows Amid Varied Fund Performance
Significant capital flowed out of U.S. spot Bitcoin exchange-traded funds (ETFs) as institutional investors engaged in profit-taking, halting a sustained period of positive investment. The $131.35 million net outflow marked the end of a 13-day streak of consistent inflows into… Read More »Major US Bitcoin ETFs See $131 Million Outflow, Ending 13-Day Inflow Streak