Binance Outflows Surge as Traders Choose to Hold Bitcoin investors appear to be changing their strategy as large amounts of BTC leave centralized exchanges like Binance. The latest data shows a noticeable rise in outflows, suggesting traders are moving their assets to personal wallets—a clear sign they prefer holding over selling. This growing “HODL” sentiment…
Bitcoin (BTC) slipped below the $108,000 level on Tuesday as traders reacted to renewed global uncertainty, particularly the ongoing trade tensions between the United States and China. According to The Block’s crypto price tracker, Bitcoin dropped 2.6% in the past 24 hours to $107,854 as of early Tuesday. The world’s leading cryptocurrency had briefly bounced…
After a strong rally earlier this year, Bitcoin’s price has started to show signs of exhaustion. The world’s largest cryptocurrency, which recently reached record highs, is now facing heavy selling pressure as investors turn cautious amid global market volatility. Australians Can Now Use Bitcoin to Secure Home Loans, Ushering in a New Age in Finance…
The Pi Network price remains stuck near record lows, despite developers unveiling a major App Studio upgrade aimed at boosting ecosystem growth. App Studio Upgrade Fails to Lift Sentiment The new App Studio update is designed to make it easier for developers to build decentralized applications (dApps) within the Pi Network ecosystem. The update includes…
Bitcoin’s price has entered a correction phase after falling nearly 14% from its yearly peak. The decline could deepen as a bearish chart pattern takes shape and exchange-traded fund (ETF) outflows continue to weigh on market sentiment. Bitcoin ETF Outflows Surge as Price Correction Deepens Key Points Bitcoin Extends Losses After Sharp Correction Bitcoin’s price…
Last week brought a mixed outcome for the crypto market. Bitcoin and many altcoins slipped, but tokens like Bittensor, Ethena, Morpho, and Conflux bucked the trend with strong performances. The crypto market is bracing for potential swings this week, driven by the upcoming U.S. inflation report, China’s key political meeting (the Fourth Plenum), and renewed…
The price of Bitcoin has fallen below $105,000 for the first time since June, sparking renewed concerns among traders that a deeper correction may be ahead. The broader crypto market has lost nearly $600 billion in value over the past week, reflecting growing uncertainty and profit-taking after months of strong gains. The drop comes just…
Bitcoin U.S. spot Bitcoin exchange-traded funds (ETFs) recorded heavy outflows on Thursday, with investors pulling out $536.4 million—the largest single-day withdrawal since August 1, according to data from SoSoValue. Out of the 12 listed Bitcoin ETFs, eight funds experienced capital outflows. The biggest outflow came from Ark Invest and 21Shares’ ARKB, which lost $275.15 million,…
In a sign of growing optimism across the Solana ecosystem, DeFi Development, a well-known treasury management firm, has expanded its holdings of Solana (SOL) by nearly 5%. The company confirmed that the recent purchases were made at an average price of $110 per token, according to data from Binance. Stablecoin Uncertainty Increases as Banks Disband…
Bitcoin mining company Bitfarms Ltd. has announced that it is expanding its convertible notes offering to $500 million, a move that underscores investor confidence in the firm’s growth strategy and the broader cryptocurrency mining industry. In its official statement, Bitfarms said the additional funds will be used to strengthen its balance sheet, expand mining operations,…