Spot Bitcoin ETFs Report Third Consecutive Day of Significant Inflows as Price Surpasses $66,000

US-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.

Stablecoins' Market Caps Surge by 25%, Indicating Cryptocurrency Market Rebound

Cryptocurrency 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.

Bitcoin Whales Accumulate 3400 BTC, Hinting at Potential Price Rally

Bitcoin 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.

18,000 Bitcoin Options Near Expiry: Implications for BTC Price

Bitcoin 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.

Major Financial Institutions Invest Billions in Spot Bitcoin ETFs Despite Decreased Inflows

600 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.

Bullish Signals Ahead: BTC Whale Activity at Lowest Levels of the Year, Increasing Correlation between Bitcoin and US Stocks

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.

US Bitcoin ETF Records Three Consecutive Days of Inflows, Garnering $3.03M on Wednesday

On 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.

Beware of Phishing Scams: Whale Loses 1,155 BTC, Learn How to Stay Safe

Whale 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.

Toncoin Surpasses Bitcoin with Remarkable 160% Surge

Toncoin [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.

Boston Hedge Fund Dives into Bitcoin with $12 Billion Investment

Bracebridge 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.

South Korea's Financial Chief to Discuss Crypto with SEC's Gensler

South Korea's FSS head, Yoo Bok-hyun, plans a crucial U.S. trip to discuss cryptocurrency regulations with SEC Chair Gary Gensler.

Gensler and Prometheum SEC Approval Under Scrutiny by US House Committee

The Committee, led by Chair Patrick McHenry and supported by twenty other members, has conveyed their concerns to Gary Gensler, Chair of the Securities and Exchange Commission (SEC), and Robert Cook, President and CEO of the Financial Industry Regulatory Authority (FINRA).

Binance wants Gary Gensler to recuse himself from SEC lawsuit

Binance argued in February, and again earlier this month, that SEC Chairman Gary Gensler should recuse himself from the SEC lawsuit against the exchange. It claimed that his previous interactions with the exchange’s CEO Changpeng Zhao justify his recusal. 

SEC’s Gensler goes on the offensive after Binance and Coinbase lawsuits

Gary Gensler addresses the Coinbase lawsuit during the Piper Sandler Gl.obal Exchange and Fintech Conference

SEC’s Gary Gensler dodges question on whether Ethereum is a security

Elizabeth Warren Praises SEC Chief Gensler, Slams Crypto Lobby

The U.S. Securities and Exchange Commission has been "loud and clear" that crypto doesn't get a "pass" from longstanding consumer protection laws.

U.S. Lawmaker Blames SEC Chair Gensler and SBF for FTX’s Downfall

The U.S. lawmaker also attributed FTX’s collapse to business ethics, government oversight, and regulatory procedures.

SEC Chairman Gensler Insists Most Crypto Tokens Are Securities

The topic of which federal company should regulate the cryptocurrency market has gained a lot of attention lately.

‘One Rule Book’ To Regulate Crypto, Proposed By SEC Chair Gary Gensler

SEC chairman Gary Gensler has reportedly proposed a one rule book approach to regulate all crypto asset trading. Gary Gensler ...

Community reacts after SEC’s Gensler affirms BTC’s commodity status

Gensler said he saw many crypto assets having attributes of a security, adding that Bitcoin is the only crypto he was comfortable publicly labeling as a commodity.