Tether's $1 billion minting boosts Bitcoin's surge, hitting $73,000. Institutional ETF investments and technical analysis signal a bullish trend, propelling Bitcoin towards new highs.
Huang BoInstitutional investors flock to Bitcoin ETFs, while retail investors stay cautious amid market volatility and FTX collapse aftermath.
Huang BoUS-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 BoBinance is allowing users to make payments with Russian bank cards for the first time since March.
BeincryptoTrillions of dollars of assets could be tokenized by the end of the decade, according to Citi researchers.
TheBlockThese acts were reportedly seen taking place in Binance offcial Chinese language chat rooms.
BitcoinistDamage from FTX fallout has been widespread and Robinhood’s near-term outlook appears to be gloomy.
cryptopotatoFTX previously purchased an Australian company to bypass the financial services license process.
BeincryptoIncreased crypto regulation could drive users to decentralized platforms, the bank said.
CoindeskETH token issuance is estimated to drop 90% to around 600,000 a year, the bank said.
CoindeskBitcoin’s return on investment over the past five years has outperformed five leading banks’ stocks by 4,214% on average.
OthersBitcoin could be getting the kick out of the sea of green flashing on most crypto exchanges' screens these days. ...
Bitcoinist"Ultimately the cryptocurrency may be liquidated if the collateral value falls below a certain threshold, such as 35% of the property value,” said the report.
Cointelegraph