Bitcoin'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 BoToncoin [TON] emerges as strong competitor to Bitcoin [BTC] in Layer 1 Network. Toncoin outperforms BTC with 160% gain, higher active addresses. Despite surge, trader sentiment sours, contrasting Bitcoin's positive sentiment.
EdmundBracebridge Capital invests $363 million in Bitcoin ETFs, joining institutional trend. Wisconsin becomes first local government to disclose Bitcoin investment. Major institutions like JPMorgan, Wells Fargo, BNP Paribas, and BNY Mellon also enter crypto space.
Xu LinBitcoin soared past $64,000 on May 15, driven by reduced core inflation in the US. Market reactions were mixed, with cautious optimism from Chair Jerome Powell. Despite economic uncertainties, Bitcoin maintained strong momentum, reflecting its sensitivity to global indicators.
Huang BoBitcoin experienced fluctuations throughout the day, initially surging before declining during Jerome Powell's speech. However, it rebounded after news of Wisconsin's Bitcoin ETF investment. The release of crucial CPI data impacted both Bitcoin and the Dollar (DXY).
Xu LinRenewed investor confidence in Bitcoin amid inflation concerns, highlighted by a significant 70,000 BTC purchase after a 1 million BTC sell-off. BTC's fixed supply and stability above $60,000 reinforce its role as a hedge against inflation.
Xu LinPowell assures strong US economy and gradual inflation control, impacting Bitcoin briefly. Investors remain vigilant.
EdmundOKX expands into Australia, offering spot and derivatives trading. Focus on compliance and transparency aligns with global strategy. Direct AUD trading available, plans to broaden token offerings. Australian market shows growing crypto interest. Regulatory scrutiny increases amid efforts to combat tax evasion. ASX considering Bitcoin ETF approval, potentially boosting crypto adoption further.
Huang BoThe ElphaPex brand is honored to announce that it will participate in BlockChain Life Dubai 2024 in April to officially introduce our innovative product-ElphaPex DG 1 mining machine to the media and audience.
JinseFinanceOKX ceases mining services amidst strategic refocus.
WeiliangGolden Finance launches the 2220th issue of the cryptocurrency and blockchain industry morning report "Golden Morning 8:00" to provide you with the latest and fastest digital currency and blockchain industry news.
JinseFinanceJinseFinanceJinseFinanceJinseFinanceJinseFinance如今，Paradigm 再次迎来范式转移，不再只专注加密货币/Web3，开始将关注领域扩大到Ai。
8btcMiners with higher cost and large debt load will be weeded out by the crypto winter, according to industry experts.
CoindeskHistorical-site metaverses may become a new business model for tourism, and they may rewrite history in the process.
Cointelegraph