Tag: Financial news
Bitcoin ETFs Gain $1.3B Inflows Amid Trump Win and Fed Rate Cuts
Bitcoin ETFs in the U.S. have experienced a significant increase in net inflows following Donald Trump's presidential win. The total inflows reached a record-breaking $1.38 billion, with BlackRock's IBIT leading the way with over...
BTC Dominates Crypto Market as Ether Price Falls in Reflection of Bitcoin ETF Launch
Bitcoin stood out in the cryptocurrency market during the Asia trading session, gaining 4.4% and reaching $67,000 while the CoinDesk 20 Index rose by 3.3%. Other tokens like Solana's SOL, ether (ETH), BNB Chain's...
Bitcoin Price Hits Record High Over $63K Amid Trump Assassination Attempt
Bitcoin's price surged to a record high of over $63,000 after news of a failed assassination attempt against former US president Donald Trump. The cryptocurrency reached a multi-week high of $62,980, with experts attributing...
Genesis Trading Transfers 12.6k BTC to Coinbase for Asset Liquidations
Genesis Trading recently made a significant move by transferring 12,600 Bitcoin (BTC) to Coinbase, totaling about $719.9 million. This transfer comes after a legal settlement with the State of New York, requiring Genesis to...
Bitcoin ETFs Attract $654.3M Inflows in Three Days
Bitcoin exchange-traded funds (ETFs) have seen a substantial increase in inflows over the past three trading days, according to data from Farside. A total of $654.3 million was added, with the largest contribution coming...
Bitfarms Reports 21% Increase in Bitcoin Production Amid Upgrades and Takeover Drama
Bitfarms, a Bitcoin miner, has reported a 21% increase in Bitcoin production for the month of June. This increase follows an overall capacity upgrade by the company. In June, Bitfarms produced 189 BTC, up...
Bitcoin ETFs Experience $900M in Net Outflows This Week
Spot bitcoin ETFs in the U.S. have been facing a challenging week, with $900 million in net outflows recorded so far. This marks the fifth consecutive day of outflows for these ETFs, highlighting the...
Bitcoin ETF Outflows Continue for Third Consecutive Trading Day: $145.9M Withdrawn
Bitcoin ETF outflows have continued for the third consecutive trading day, with a total of $145.9 million withdrawn. This trend is significant as it marks the fifth outflow in the past six trading days,...
‘DJT’ Solana Token Price Skyrockets Amid Speculation of Trump’s Involvement
DJT, a cryptocurrency token created on the Solana blockchain two months ago, experienced a significant surge in price, jumping by 180% on Monday. Rumors began circulating that former U.S. president Donald J. Trump may...
Stick With Bitcoin: 10x Research Recommends Amid Fed’s 2024 Rate Cut Prediction
Bitcoin, the leading cryptocurrency, has been under pressure recently due to the Federal Reserve's prediction of interest rate hikes. Despite this, 10x Research continues to recommend sticking with Bitcoin, especially after the Fed's announcement...














