Spot Bitcoin ETFs experienced a significant trend reversal as the market sees continuous outflows. This persistent decline in ETF funds mirrors the recent drop in Bitcoin prices. Analysts suggest that institutional sell-offs and miner liquidations may be the underlying causes of these outflows. Spot Bitcoin ETFs witness a challenging week, recording $1.2 billion in outflows
Grayscale Bitcoin ETF (GBTC) has continued its exit spree with $30 million in outflows in the last 24 hours. Last week, outflows heightened due to the wider market correction but with daily gains today, general ETF outflows were in moderation. Bitcoin price picked up today with the wider market notching a 0.9% inflow. Grayscale Bitcoin The post Grayscale Bitcoin ETF Marks $30 Million Outflows Amid Spring Back appeared first on CoinGape .
Today’s crypto prices have traded dominantly in the positive territory. Bitcoin (BTC) regained an upward movement, briefly topping the $62K mark. Ethereum (ETH) and top altcoins Solana (SOL), Dogecoin (DOGE), and Shiba Inu (SHIB) gained 0.3%-3%, simultaneously. However, XRP witnessed a tumbled movement, defying the broader market trend. The global crypto market from yesterday saw The post Crypto Prices Today June 26: Bitcoin Regains Momentum To $62K, Altcoins Lead Market Rally appeared first on CoinGape .
Justin Kim, the head of Ava Labs in South Korea, underlined the importance of artist protection, and confirmed his firm's expansion plans. The post Ava Labs Brings Blockchain Solutions to K-Pop Industry appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .
After seven consecutive days of strong outflows, the spot Bitcoin ETFs have finally turned the trajectory recording $31 million in net inflows on Tuesday, June 25. While the Grayscale GBTC saw net outflows, Fidelity FBTC managed to offset this with $48.8 million in inflows. Bitcoin price has reacted positively to this development shooting past $62,000. The post US Spot Bitcoin ETFs Record Net Inflows, Has Bitcoin Price Really Bottomed? appeared first on CoinGape .
The Ethereum Foundation recently faced a data breach due to a vulnerability in the SendPulse email service, affecting its mailing list. This breach resulted in phishing emails being sent to subscribers from updates@ethereum.org, causing significant concern among the Ethereum community. Tim Beiko, a core developer, advised users to avoid clicking on any links from the
Without the SEC lawsuit, XRP could have experienced substantial growth during the 2021 bull run, creating the groundwork for an… The post ChatGpt Predicts XRP Price if SEC Lawsuit Never Happened first appeared on The Crypto Basic .
The Bitcoin Rainbow Chart has indicated that it’s an opportune time to buy more Bitcoin (BTC). Market sentiment has been bearish recently, suggesting potential further price declines. An influential detail is Bitcoin retesting the $60k support zone, much like it did two months ago. Discover the current landscape of Bitcoin investment opportunities amid bearish sentiments
The Ethereum Foundation has restricted access to its mailing list following the breach.
25.5% of the total supply is allocated to core contributors, 16.5% to investors, and 8% to the Blast Foundation for infrastructure development. The post Ethereum Layer-2 Blast Network to Launch Airdrop for Early Adopters appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .