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Short Bitcoin ETFs Take a Hit With $1.9M in Outflows: Are Bears Losing Their Grip?

Investment in digital asset products continued to rise, with inflows reaching $1.35 billion last week, totaling $3.2 billion over the past three weeks. Trading volumes for Exchange Traded Products (ETPs)…

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Here’s the Percentage of Bitcoin Addresses in Profit Following Surge to $67K: ITB

Bitcoin’s latest uptrend and surge to the $67,000 level have put many investors in the money, with the majority of addresses holding the primary cryptocurrency flashing green. A tweet from…

Continue ReadingHere’s the Percentage of Bitcoin Addresses in Profit Following Surge to $67K: ITB

This Token Gained The Most After Biden’s Withdrawal From the 2024 US Presidential Race

On July 21, 2024, presidential meme coins experienced substantial volatility following Joe Biden’s announcement that he would be withdrawing from the 2024 presidential race. This news had a notable impact…

Continue ReadingThis Token Gained The Most After Biden’s Withdrawal From the 2024 US Presidential Race

Buying Bitcoin Paid Off for Metaplanet as Shares Jump Over 800% YTD

Japanese investment firm Metaplanet has been on an aggressive Bitcoin buying spree. Earlier this week, it announced adding 21.877 BTC to its stash, bringing its total holdings to 225.611 BTC.…

Continue ReadingBuying Bitcoin Paid Off for Metaplanet as Shares Jump Over 800% YTD