Category: Cryptocurrency news

US Bitcoin ETFs See $84.9M Net Outflow, Ending Three-Day Inflow Streak

U.S. spot Bitcoin exchange-traded funds recorded a total net outflow of $84.9 million on Monday, July 8, breaking a three-day streak of net inflows, according to data from investment research firm Farside Investors. The reversal signals shifting investor sentiment amid ongoing market volatility. Fund-Level Breakdown The outflows were concentrated across major issuers. BlackRock’s iShares Bitcoin […]

Bitcoin tumbles back to key $60K support level: What’s behind the sell pressure?

Key takeaways: War, rising oil prices and Strategy’s Bitcoin sales put extra pressure on BTC’s $60,000 support. Strategy’s Bitcoin sales and fears that a global regulatory crackdown on crypto is being reignited are adding to fragile crypto market conditions. Bitcoin traded down 3.5% on Wednesday as new developments in the US-Iran war pushed oil prices […]

Nexo brings its dual-mode crypto card to Argentina and names Andres Ondarra as country head

Nexo, a digital assets platform, has expanded into Argentina with the local launch of its Nexo Card, coinciding with the appointment of Andres Ondarra as General Manager of Nexo Argentina.  The moves position Buenos Aires as the company’s regional hub for Latin America, targeting a market where digital asset penetration ranks among the highest globally. […]

Bitcoin recovers from Strategy’s BTC sale, funding rates hit 9%: Are bulls back?

Bitcoin options premium put-to-call ratio at Deribit. Source: Laevitas The put (sell) options premium at Deribit outpaced the equivalent call (buy) instruments on Monday, reverting the trend from Thursday and Friday. Typically, periods of stress can easily push the indicator above 2 times, hence the current 1.15 level remains under the neutral range. Bitcoin futures […]