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Will Bitcoin Fall Below $80,000 Today As Crypto Bulls See Liquidations Of $1.7B dollar

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Bitcoin extended its November collapse on Friday, falling below $85,000 for the first time since April as a cascade of leveraged liquidations and collapsing sentiment fueled what looks set to be the worst monthly move since the crypto winter of 2022. BTC briefly touched $81,600 before stabilizing near $84,000, erasing its year-to-date gains and returning […]

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17-day inflow streak signals demand for the Solana token

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USA spot solana SUN$130.80 exchange-traded funds (ETFs) extended their streak of inflows to a 17th straight day on Wednesday, with no net withdrawals since they first began trading on Oct. 28. The funds added $48.5 million on Wednesday, bringing cumulative net inflows since inception to $476 million, according to Farside data. Wednesday’s inflow was the

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BTC ETFs record record $3.79B outflows in November

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The 11 spots bitcoin BTC$85,533.71 exchange-traded funds (ETFs) listed in the United States have collectively recorded outflows totaling $3.79 billion, the largest on record and surpassing the previous peak outflow of $3.56 billion in February. BlackRock’s bitcoin ETF, IBIT, the world’s largest exchange-traded fund, has seen redemptions of more than $2 billion this month, according

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Yen (JPY) decline is bullish for Bitcoin and risk assets. Or is it?

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Bitcoin BTC$85,533.71 isn’t the only asset taking a beating this quarter. The Japanese yen (JPY) also fell by 157.20 per US dollar, a big move for a major fiat currency, prompting currency traders to await intervention from the Bank of Japan (BOJ) to stem the decline. But why are we discussing FX? That’s because, historically,

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Core Foundation wins injunction against Maple Finance over alleged breach of confidentiality

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Core Foundation, the creator of the yield-bearing lstBTC token, won an injunction against Maple Finance due to alleged breaches of confidentiality related to their partnership in bringing the token to market. The Grand Court of the Cayman Islands barred Maple Finance, which filled its own liquid token, sirupBTC, or from trading in CORE tokens pending

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Why the stock exchange wants to go public now

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Cryptocurrency exchange Kraken’s choice to go ahead with a confidential IPO, just days after securing an $800 million raise, shows an exchange trying to capitalize on market momentum as US regulators move toward clearer crypto regulations. The timing surprised some market observers, as the company’s recent capital raising involved a strong private market valuation and

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BTC Dip Continues on Japan’s $135B Stimulus Announcement

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Japanese Prime Minister Sanae Takaichi’s cabinet approved a multibillion-dollar stimulus package on Friday, delivering on the new leader’s promise to pursue an expansionary fiscal policy. The stimulus, worth JPY 21.3 trillion ($135.40 billion), includes general account spending of JPY 17.7 trillion, significantly larger than last year’s JPY 13.9 trillion, representing the biggest fiscal bazooka since

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BTC falls towards the mid-$80,000s as the market structure weakens for the end of the year

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Bitcoin extended its slide on Friday morning Hong Kong time, falling below $85,500, CoinDesk data showed, as the market absorbed a new wave of selling pressure and another shift in global interest rate expectations. The drop leaves BTC up more than 7% over the past 24 hours and more than 20% over the past month,

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