Institutional Investors Surge into Bitcoin ETFs, Amassing 250,000 BTC
Institutional investors flock to Bitcoin ETFs, while retail investors stay cautious amid market volatility and FTX collapse aftermath.
Huang BoInstitutional investors flock to Bitcoin ETFs, while retail investors stay cautious amid market volatility and FTX collapse aftermath.
Huang BoFrank DeGods, also known as Rohun Vora, reflected on past decisions, admitting to prioritising community appeasement over long-term vision. He emphasised the importance of standing by convictions and offering flexibility, as demonstrated by the recent return to Solana and the adoption of cross-chain interoperability.
AnaisUS-based Bitcoin ETFs see robust capital inflows of $257.3 million, signaling renewed investor interest. Notable providers like Grayscale and BlackRock report positive inflows, reflecting a bullish sentiment. Debates on transparency and market manipulation resurface amidst BTC's stability at $66,109.
Xu LinCryptocurrency market bounce aligns with stablecoin market cap growth, signaling increased industry inflows. Recent plateau suggests stagnant sentiment. Future stablecoin trends may offer insights into broader market direction.
Huang BoBitcoin remains stable above $66,000, with significant whale accumulation indicating bullish sentiment. Large investors acquire over 3400 BTC, fueling anticipation of a price rally. Market sentiment suggests increased demand from whales may drive upward movement. Despite subdued trading, the positive trend in the U.S. Spot Bitcoin ETF boosts investor confidence.
EdmundBitcoin surged to $66,000 but faces potential correction with 18,000 options expiring today. Max Pain at $63,000 suggests price pressure. Despite softer CPI data, demand for short-term downside protection remains. Long-term outlook optimistic, with growing institutional involvement, especially with CME Group's Bitcoin spot trading introduction.
Xu Lin600 companies invest $3.5 billion in spot Bitcoin ETFs via SEC filings. Major players include Morgan Stanley and Millennium Management. Despite recent decreases in inflows, demand remains strong among financial institutions.
Huang BoBitcoin's correlation with US stocks rises, indicating market shift. Despite economic uncertainties, Bitcoin rebounds, outpacing S&P 500. ETF inflows signal investor interest. Whale activity decline noted, but could signal bullish trend if reversed.
EdmundOn May 15, US spot bitcoin ETFs saw robust performance, accruing $303 million in gains over three days. Blackrock's IBIT observed zero inflows, while Grayscale's GBTC recorded $27 million inflows. FBTC led with $131 million inflows, emphasizing a competitive landscape among ETFs.
Xu LinWhale loses 1,155 BTC ($71M) in sophisticated hack, highlighting crypto security risks. Hacker exploits phishing tactic, underscores importance of offline key generation, hardware wallets, and cautious transaction practices. Tips include verifying addresses, conducting test transfers, and exploring multi-signature methods for added security.
Huang BoCointelegraph tweeted that SEC approved iShares' Bitcoin (BTC) Spot ETF, but was confirmed to be false by BlackRock.
AaronFantom Foundation finds itself contending with a significant breach with $657K drained in the depletion of more than 35 crypto wallets.
CatherineBut perhaps because it is always subject to attacks, and with a $50 million exploit in 2019 looming over their heads, Upbit's approach towards security and risk is more prudent than most.
SnakeThe acquisition follows a relatively recent fundingraising for BitGo and a partnership with South Korea's Hana Bank.
ClementThese exchanges have suspended deposits and withdrawals specifically for Wrapped EVER (WEVER) tokens, with native EVER tokens remaining secure and unaffected on Octus Bridge.
DavinBinance.US no longer permits USD withdrawals; asks users to convert USD to stablecoins or other digital assets.
KikyoThe ESMA further cautioned that even after implementation, investors should be prepared for the possibility of incurring total losses.
ClementExperience a digital gaming revolution with cryptocurrency payments in Roblox!
Hui XinThe burn rate of Shiba Inu ($SHIB), the meme-inspired cryptocurrency, has witnessed an astonishing surge of more than 250% within a mere 24-hour span. This surge was triggered by a series of 23 substantial transactions, resulting in the removal of a substantial 47.9 million SHIB tokens from circulation.
JasperSui under the investigative lens of the FSS with allegations centred on inaccurate reports pertaining to its circulating supply and the purported gains derived from staking activities.
Catherine