Is the negative outflow of ETF funds over? BTC on track to gain for fifth consecutive month
Outflows from the Grayscale Bitcoin Trust have put downward pressure on Bitcoin, but analysts say it “should be largely behind us.
JinseFinanceOutflows from the Grayscale Bitcoin Trust have put downward pressure on Bitcoin, but analysts say it “should be largely behind us.
JinseFinanceIn the most recent trading week, Switzerland and Germany experienced significant impact, while CoinShares' data reveals that Canada has witnessed the largest outflows over the course of the month.
ZoeyJPMorgan warns of potential bitcoin price pressure due to projected $3 billion outflow from Grayscale's fund. Analyst cites profit-taking dynamics and impact on BTC prices post-spot ETF launch.
EdmundHTX, the digital-asset trading platform associated with industry figure Justin Sun, witnessed a considerable $258 million net outflow following its reactivation after a significant security breach. Data from DefiLlama between November 25 and December 10 showcased the funds departing the exchange, signifying unease among some clients due to the prior security incident. HTX encountered a $30 million loss in crypto tokens during the breach, prompting temporary suspension of withdrawals and deposits as a precautionary measure.
JoyBetween a “reported” $12 billion asset loss in under 2 months (by Forbes) and a planned hiring (15%-30%) this year based on CZ, is it just FUD, or is there more to it than meets the eye?
CatherineIn the wake of the downfall of SBF’s FTX exchange, crypto traders are increasingly turning toward DeFi protocols – as ETH tokens flow off big CEXs like Binance and OKX.
CoindeskSaylor believes that bitcoin is the answer to inflation as the Fed prepares to meet on Sep. 21, 2022.
BeincryptoSomeone is buying the dip with conviction as the start of Wall Street trading drags the market lower.
CointelegraphMicroStrategy will not be taking a break from buying and hodling Bitcoin any time soon according to a letter to investors from the company’s CEO, Michael Saylor.
Cointelegraph