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US Spot Bitcoin ETFs Record $19.4 Million in Outflows, GBTC Holdings Decline

U.S. spot bitcoin exchange-traded funds (ETFs) experienced another round of net withdrawals, documenting a $19.4 million decrease. The holdings of GBTC diminished from 322,697.17 bitcoins to 318,451.70. U.S. Spot Bitcoin…

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Anticipation Builds as Bitcoin Stands Less Than 1,400 Blocks From Monumental Halving

According to the latest data, we are now less than 1,400 blocks away from the anticipated Bitcoin halving event, which will decrease the block reward from 6.25 bitcoin to 3.125…

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Rate Cuts Could be ‘Out the Window’ After March CPI Data Reveals Stubborn Inflation, Tradestation Exec Says

The U.S. Consumer Price Index (CPI) experienced a higher increase than anticipated in March, climbing by 0.4% over the month to reach 3.5%. The Bureau of Labor Statistics reported that…

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Bitcoin Technical Analysis: BTC Remains Range Bound Ahead of US Inflation Report

Bitcoin’s price movements on April 10, 2024, showcased a day of significant volatility, with the cryptocurrency’s value swinging between $68,207 and $70,917. Oscillators and moving averages paint a complex picture…

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Filecoin Staking Protocol Core Team Detained by Chinese Police; $22 Million in FIL Tokens Sent to Unknown Address

STFIL, the Filecoin liquid staking protocol, believes its core technical team is being investigated by the Chinese police. The STFIL team said it also recently detected abnormal and unscheduled upgrades…

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Marathon CEO Credits Bitcoin ETF on Pre-Halving Price Surge

Fred Thiel, CEO of Marathon Digital Holdings Inc., suggested that recent spot Bitcoin ETF approvals have accelerated the market’s appreciation, typically expected post-Bitcoin halving, by attracting significant capital into the…

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Vaneck CEO Expects SEC to Reject Spot Ethereum ETF Applications in May

The applications for spot ethereum exchange-traded funds (ETFs) face a potential rejection in May when the U.S. Securities and Exchange Commission (SEC) reaches its deadline for decisions, according to Vaneck’s…

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