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π Bitcoin dips to Feb levels, liquidating $160M in 24h! πΈπ° Will Janet Yellen's hawkish policies and Binance's legal woes further impact BTC price? ππ Current support at $57,000. #Bitcoin#Crypto#CryptoNews
ποΈSEC's decision on Franklin Templeton's Ethereum ETF application is due on June 11! Will they approve the spot Ether ETF? Keep an eye on this significant milestone for crypto adoption! #Crypto#ETF#FranklinTempleton#SEC#Ethereum
Crypto investment products saw $126 million in outflows last week, marking the first weekly outflows since a record $1 billion was withdrawn in late March. #CryptoTrends
Crypto markets see sharp selloff amid reports of Iranian drone attack on Israel. Bitcoin down ~8% to $62,000, Ethereum down 9% to $3,000, other tokens like BNB and Solana also seeing double-digit declines. #BTC#ETH
π Grayscale's GBTC daily outflow hits a record low of $17 million, indicating less selling pressure on Bitcoin. Fidelity's spot bitcoin ETF logs $76.3 million in net inflows. Grayscale CEO expects 'equilibrium' after significant capital flight. #Crypto#Bitcoin#Grayscale#ETF
Ether options open interest for April's end points to an upward bias, signaling bullish market sentiment, analysts observe. Call strikes clustered between $3,700 - $4,000 further highlight this upside bias and bullish market sentiment. #Ether#CryptoMarketSentiment
Global crypto funds have hit record annual inflows of $13.8 billion year-to-date, adding another $646 million last week.
However, there are signs of βETF hype moderating,β according to CoinShares Head of Research James Butterfill. #ETFbitcoin#CryptoCommunity
π¬π§ The Bank of England & the FCA are eyeing autumn 2024 for the debut of the U.K's Digital Securities Sandbox. This initiative seeks to boost digital asset adoption in financial markets #DigitalAssets#FinanceInnovation
Mark Yusko, CEO of Morgan Creek Capital Management, said on CNBC that he expects Bitcoinβs price to go βparabolicβ later in the year, hitting $150,000 as a result of the upcoming halving event.
Outflows from spot bitcoin ETFs overpowered new capital on each day this past week, with record-low inflows for BlackRockβs IBIT and Fidelityβs FBTC. #Cryptocurrency#ETF#Bitcoin
With $2.6 billion set to expire this Friday, Bitcoin and Ethereum traders are on edge post-FOMC. A notable 25K BTC options, valued at $1.7 billion, indicate buying pressure, aiming for a potential BTC all-time high. #CryptoOptions#BTC#ETH
π Crypto rollercoaster continues! Bitcoin takes a tumble! Prices hit a two-week low, dropping 5.18% to $61,380. With significant outflows from spot bitcoin ETFs. Ethereum follows suit, down 7.8% at $3,090
π Flash crash on BitMEX: Bitcoin's price dropped to 8,900 USD, but quickly recovered. Large sell orders triggered the temporary downturn. #Bitcoin#Cryptocurrency#BitMEX
#BTC plunge to $67,596 resulted in over $661 million in position liquidations. After dropping 7.5% from $72,000 to $66,500, BTC briefly rebounded to $68,000 before sliding to $67,500. Currently, it's 8.3% below its March 14th all-time high of $73,737. #cryptocurrency
π The Dencun upgrade on Ethereum delivered on its promise to slash transaction costs on Layer 2s! π οΈ Major chains implementing EIP-4844 witnessed a significant drop in average transaction fees. #Ethereum#Layer2#DencunUpgrade π