Spot Bitcoin ETFs See Fourth Straight Day of Outflows, Led by BlackRock’s IBIT

U.S. spot Bitcoin exchange-traded funds (ETFs) recorded approximately $49.7 million in net outflows on July 28, extending a streak of negative flows to four consecutive trading days, according to data from Farside Investors. BlackRock’s IBIT Leads Outflows, Grayscale Mini $BTC Bucks Trend The latest round of withdrawals was driven primarily by BlackRock’s iShares Bitcoin Trust […]

Bitcoin price slips below $64K before Fed decision

Bitcoin fell below $64,000 on Tuesday as traders reduced risk before the Federal Reserve’s interest-rate decision, while ETF outflows and leveraged liquidations added to selling pressure. Bitcoin price falls below rising trendline According to data from crypto.news, Bitcoin ($BTC) price opened Tuesday near $63,706 and extended its decline toward $63,327 as traders cut exposure before […]

Bitcoin’s biggest risk comes from within, Saylor warns

Michael Saylor has warned that changes to Bitcoin’s consensus rules pose a greater long-term threat than rival cryptocurrencies, governments, or external competition. Saylor warns against capturing Bitcoin consensus Strategy Executive Chairman Michael Saylor issued the warning in a series of X posts on Tuesday, describing Bitcoin’s consensus rules as its constitution. Those rules determine how […]