Day: February 13, 2025

Bitcoin Faces CPI Shock—Research Firm Says ‘Buy The News’

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Este artículo también está disponible en español. Bitcoin and the broader crypto markets faced a jolt on January 12 after the latest US Consumer Price Index (CPI) data came in hotter than expected. The shock sent Bitcoin briefly downward before bouncing back, spurring a range of reactions among traders and analysts. The US Bureau of Labor Statistics released figures showing a 0.5% month-over-month rise in CPI, placing annual inflation at 3.0%—above the previously anticipated 2.9%. Meanwhile, Core CPI (excluding volatile food and energy costs) grew by 0.4% month-over-month, settling at…

Bitcoin ETFs Experience Third Consecutive Day of Outflows With $251 Million Loss

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On February 12, bitcoin ETFs experienced a third consecutive day of outflows, losing $251 million due to significant withdrawals from FBTC and ARKB. Bitcoin ETFs Extend Outflow Streak Bitcoin and ether exchange-traded funds (ETFs) faced significant withdrawals on Wednesday, Feb. 12. Bitcoin ETFs recorded their third consecutive day of outflows, totaling $251.03 million. Notably, Fidelity’s […] Original

U.S. BTC ETF Witness Third Consecutive Day of Outflows, As BTC Stalls

U.S. spot-listed bitcoin (BTC) exchange-traded funds (ETFs) have seen three consecutive days of outflows totaling $494 million. Wednesday’s outflows were the largest of the three, with $251 million, which saw BlackRock’s iShares Trust (IBIT) register a $22.1 million outflow, with Fidelity Wise Origin Bitcoin Fund (FBTC) registering the largest outflow of $102 million, according to Farside data. The outflows coincided with low volume in the ETFs, and Wednesday saw a total of just $2.58 billion in volume. IBIT registered less than $2 billion in volume, which put it as the…

Illegal Bitcoin mining operation explodes in Malaysia

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An illegal Bitcoin mining operation was discovered in a house in Malaysia, adding to the toll on the country’s power grid and contributing to the trend in electricity theft driven by illicit crypto mining activities. On Feb. 13, an explosion and smoke at a house in Kuala Lumpur led authorities to uncover an illegal bitcoin mining operation, as reported by Malay Mail. Firefighters responded to the scene after a local resident reported the incident. Upon investigation, they found a room with modified electrical wiring that had caused a fire. Once…

BNB Flips Solana’s Market Cap – Breakout To $700 Coming?

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Este artículo también está disponible en español. Amid today’s market retrace, BNB is leading the market with a 9% surge and surpassed Solana after flipping the cryptocurrency’s market cap. Some analysts suggest BNB’s breakout could attempt to reclaim the $700 level and target new highs. Related Reading BNB Leads The Crypto Market On Wednesday, the crypto market recorded another retrace, with Bitcoin (BTC) falling to a one-week low of $94,000. The rest of the market registered red numbers, with most cryptocurrencies in the top 10 bleeding. Meanwhile, BNB, previously known…

Zimbabwe Not Ready to De-Dollarize, Says Finance Minister

Zimbabwe’s Finance Minister Mthuli Ncube stated that the country must regain access to credit lines before adopting the Zig as its sole currency. He emphasized the need to restructure $21 billion in debt, as Zimbabwe has been locked out of capital markets since 1999 due to defaulting on its debt. Clearing arrears would enable access […] Source CryptoX Portal

Could These Market Signals Trigger the Next Rally?

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Tokyo-Listed Metaplanet Raises $26M to Buy More BTC, Will Join MSCI Japan Index Soon

Metaplanet (3350), a Japanese bitcoin (BTC) acquirer, will be added to the Morgan Stanley Capital International (MSCI) Japan index at the end of Feb. 28, according to the firm’s CEO Simon Gerovich. The MSCI index tracks mid-to-large-cap Japanese stocks, which serve as a key benchmark for institutional investors worldwide. As a result of inclusion, Metaplanet will benefit from increased exposure to global investment funds and exchange-traded funds (ETFs) that track MSCI indices. Gerovich on X highlighted the positive news that comes from inclusion, which includes increased visibility, passive inflows and…

Bitcoin Could End Up Plummeting To $80,100 If This Support Fails

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On-chain data shows Bitcoin is currently retesting an important support level. Here’s where the next important line lies, should this level fail. Bitcoin Is Currently Trading Around 1-Year MVRV Mean In its latest weekly report, the on-chain analytics firm Glassnode has discussed about a Bitcoin pricing model that’s based on the Market Value to Realized Value (MVRV) Z-Score. The MVRV Z-Score is an indicator that basically compares the market cap of BTC with its realized cap. The metric differs from the popular MVRV Ratio in that it also applies a…

Blockchain: The Key to Fully Autonomous AI Agents

James Ding Feb 13, 2025 09:00 Discover how blockchain technology is revolutionizing AI agents by providing autonomy, security, and economic independence, paving the way for a new era of digital autonomy. As the digital world continues to evolve, the integration of blockchain technology with AI agents is beginning to unlock unprecedented levels of autonomy and efficiency. According to Sei, this fusion is setting the stage for AI agents capable of independently managing tasks ranging from financial transactions to personal scheduling. Understanding AI…