Markets
Jul 3
A softer-than-expected US jobs report eased concerns about further rate hikes, prompting renewed appetite for risk assets and helping Bitcoin recover from a fresh bear-market low set earlier in the week. US spot Bitcoin exchange-traded funds recorded $223 million in net inflows on Thursday, their largest
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Markets
Jul 3
US spot Bitcoin ETFs recorded $222 million in net inflows on Thursday, breaking a 10-day stretch of withdrawals that had pulled roughly $2.7 billion from the funds. The return of positive flows offers a modest reprieve after sustained selling pressure that weighed on the broader crypto market. However,
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Markets
Jul 3
A contraction in the stablecoin market accompanied Bitcoin's second-quarter decline, signaling that crypto liquidity weakened beyond falling spot prices. Total stablecoin supply slipped to $312 billion, dropping more than $3 billion in what marks the first such contraction since 2023. Stablecoins often serve as a proxy for
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Markets
Jul 3
US spot bitcoin exchange-traded funds recorded $222 million in net inflows on Thursday, halting a 10-day stretch of consecutive withdrawals that had weighed on the sector. The turnaround suggests renewed investor appetite following an extended period of capital flight from the funds. Notably, BlackRock's IBIT—typically
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Markets
Jul 3
The launch of spot bitcoin ETFs in January 2024 marked a turning point for institutional involvement in crypto, opening regulated pathways for large organizations to gain exposure to BTC. Institutional adoption refers to participation by asset managers, corporations, hedge funds, banks, pension funds, and insurers, whether through direct investment or
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Markets
Jul 3
U.S. spot Bitcoin ETFs recorded their strongest inflow day in two months, pulling in $221 million and reversing a prolonged 10-day stretch of redemptions that had weighed on the market. Notably, the fresh capital came largely from funds other than BlackRock's IBIT, which has historically dominated
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Markets
Jul 2
The Korean media company had ambitiously announced $1 billion in financing to accumulate 10,000 bitcoin, aiming to replicate the corporate treasury strategy popularized by Michael Saylor's MicroStrategy. A recent regulatory filing confirms the firm's bitcoin holdings have now fallen to zero, marking a complete reversal
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Markets
Jul 2
Bitcoin has climbed back above $61,000, with on-chain analytics firm Glassnode and exchange Bitfinex pointing to sustained accumulation by long-term holders as a key driver. The rebound comes even as spot Bitcoin exchange-traded funds continue to register steady outflows, suggesting a divergence between institutional ETF flows
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Markets
Jul 2
Signals of a more accommodative Federal Reserve stance sparked a broad recovery across digital assets, marking what analysts described as the first meaningful bounce since the recent selloff began. Bitcoin and Solana climbed alongside other major cryptocurrencies, but smaller and more speculative tokens outpaced them. Memecore's M and
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Markets
Jul 2
A US-based Bitcoin treasury company has disclosed in a regulatory filing that it sold its entire BTC holdings, citing mounting financial and compliance pressures. According to the filing, the liquidation was driven by the need to repay outstanding debt, with collateral requirements and Nasdaq listing pressure factoring into the
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Markets
Jul 2
Metaplanet, a Japanese investment firm pursuing an aggressive bitcoin accumulation strategy, has purchased an additional $170 million worth of BTC, lifting its total holdings to roughly 43,000 bitcoin. The acquisition cements the company's position as the world's third-largest publicly traded corporate bitcoin holder, trailing
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Markets
Jul 2
Dovish remarks from Fed Chair Kevin Warsh, who said inflation risks had eased, helped fuel a broad crypto rally that pushed bitcoin above $60,000 for the first time in more than a week. The comments boosted investor sentiment across major digital assets, with ether, solana, and dogecoin all posting
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