Tag: Financial news

news-08112024-093236

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...
news-27072024-055733

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...
news-15072024-022759

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...
news-12072024-125730

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...
news-10072024-020304

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...
news-01072024-111832

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...
news-21062024-022802

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...
news-18062024-032637

Bitcoin ETF Outflows Continue for Third Consecutive Trading Day: $145.9M Withdrawn

Bitcoin ETF outflows have continued for the third consecutive trading day, with a total of $145.9 million withdrawn.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,...
news-17062024-175955

‘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...
news-15062024-175538

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...