Crypto Currency

BlackRock Bitcoin Fund Suffers Record $333 Million as Price Declines

Bitcoin’s incredible rally in 2024 paused as institutional investors reduced their positions. BlackRock’s iShares Bitcoin Trust ETF (IBIT), a spot Bitcoin fund, reported its biggest single-day outflow since its launch, with $333 million withdrawn yesterday (Thursday), according to Bloomberg data. Third Consecutive Day of OutflowsThe withdrawal marked the third straight day of outflows for the

Published 1 year ago in
BlackRock Bitcoin Fund Suffers Record $333 Million as Price Declines

Bitcoin’s incredible rally in 2024 paused as
institutional investors reduced their positions. BlackRock’s iShares Bitcoin
Trust ETF (IBIT), a spot Bitcoin fund, reported its biggest single-day outflow
since its launch, with $333 million withdrawn yesterday (Thursday), according
to Bloomberg data. Third Consecutive Day of OutflowsThe withdrawal marked the third straight day of
outflows for the fund…
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Crypto Currency

Morpho price eyes relief bounce to $2 as buyers show resilience

Morpho is slightly up over the past 24 hours, trading around $1.77. Bulls eye a rebound after the latest broader cryptocurrency market dip. Ecosystem growth appears to bolster a short-term uptick. Morpho (MORPHO) price has staged a modest intraday recovery after tumbling to session lows of $1.64 earlier in the day…

Published 2 hours ago in
Morpho price eyes relief bounce to $2 as buyers show resilience

Morpho is slightly up over the past 24 hours, trading around $1.77. Bulls eye a rebound after the latest broader cryptocurrency market dip. Ecosystem growth appears to bolster a short-term uptick. Morpho (MORPHO) price has staged a modest intraday recovery after tumbling to session lows of $1.64 earlier in the day…
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Crypto Currency

Trump’s Iran Warning Sends Bitcoin Tumbling Below $77K In Risk-Off Shock

Bitcoin’s bearish momentum hit hardest on the technical charts, with the cryptocurrency breaking below all major exponential moving averages by early Monday. Trading around $76,750, it sat well beneath the 20-hour EMA at $77,580, the 50-hour at $78,120, the 100-hour at $78,767, and the 200-hour at $79,350…

Published 2 hours ago in

Bitcoin’s bearish momentum hit hardest on the technical charts, with the cryptocurrency breaking below all major exponential moving averages by early Monday. Trading around $76,750, it sat well beneath the 20-hour EMA at $77,580, the 50-hour at $78,120, the 100-hour at $78,767, and the 200-hour at $79,350…
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Crypto Currency

Report: SBI and Rakuten Build Crypto Trusts as 11 Japan Brokerages Eye Entry

Japan’s largest brokerages are preparing to sell cryptocurrency investment trusts to retail investors, according to a Nikkei Asia survey published on Sunday. Japan Brokerages Push Crypto Funds as FSA Eyes 2028 Regulatory Deadline SBI Securities and Rakuten Securities plan to develop and distribute crypto investment trusts in-house…

Published 2 hours ago in
Report: SBI and Rakuten Build Crypto Trusts as 11 Japan Brokerages Eye Entry

Japan’s largest brokerages are preparing to sell cryptocurrency investment trusts to retail investors, according to a Nikkei Asia survey published on Sunday. Japan Brokerages Push Crypto Funds as FSA Eyes 2028 Regulatory Deadline SBI Securities and Rakuten Securities plan to develop and distribute crypto investment trusts in-house…
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Crypto Currency

Why Bitcoin price faces new risk as exchange reserves rise by 20K BTC

Bitcoin short-term holders breach $78,000 threshold as $1.53 billion in exchange reserves pile up…

Published 5 hours ago in
Why Bitcoin price faces new risk as exchange reserves rise by 20K BTC

Bitcoin short-term holders breach $78,000 threshold as $1.53 billion in exchange reserves pile up…
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