Day: June 2, 2025

Bitcoin ETFs ended six-week inflow streak over macro jitters and BTC slump

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Spot Bitcoin ETFs saw a notable shift in investor sentiment last week, as uncertainty surrounding Donald Trump’s trade policies and profit-taking led to a reversal in inflow trends. According to SoSoValue data, the 12 spot Bitcoin ETFs in the U.S. recorded $157.4 million in outflows over the past week from May 27-30, ending a six-week inflow streak that drew in over $9 billion into the funds. Among the funds hit hardest was ARK 21Shares’ ARKB, which saw $281.9 million pulled by investors. Fidelity’s FBTC wasn’t far behind, recording outflows of…

Ross Ulbricht 300 Bitcoin payday unlikely ‘self donation’

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Ross Ulbricht’s recent receipt of 300 Bitcoin is from “questionable sources,” but it’s unlikely to be a case where he donated it to himself, says blockchain researcher ZachXBT. Ulbricht, who founded the infamous online black market Silk Road, received 300 Bitcoin (BTC), worth $31.4 million, to his wallet that was soliciting donations, Blockchain analytics firm Lookonchain said in a June 1 post to X. The funds came from wallets using a centralized mixing service called Jambler, which led some social media users to speculate, without evidence, that the funds could…

Why Altcoins bleeding?🚨| Crypto Market News Today | Bitcoin & Altcoin Analysis Today Hindi

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Why Altcoins bleeding?🚨| Crypto Market News Today | Bitcoin & Altcoin Analysis Today Hindi Our Social media links. ✅Telegram channel – ✅Youtube – ✅Twitter (X) – ✅Instagram – ✅Email ID : Ajaykapoor9888@gmail.com ✅This video includes :- bitcoin, crypto, cryptocurrency, bitcoin today, cryptocurrency today, BTC, why bitcoin going down, Bitcoin price in 2024, Bitcoin price after halving, Top cryptocurrency coins list, gaming coins, defi coin, Coins in dip, Bitcoin, meme coins, AI Coins list, why crypto market going down, Shiba Inu, doge coin,…

Crypto May Erode Public Trust in Credit, Warns Central Banker

A top central banker warns crypto’s accelerating fusion with traditional finance could unleash market turmoil, damage trust in banks, and jeopardize control over sovereign monetary systems. Central Banker Cautions: Misunderstood Crypto May Trigger Market Fallout Bank of Italy Governor Fabio Panetta, who served on the European Central Bank (ECB)’s Executive Board from 2020 to 2023, […] Source CryptoX Portal

World Vision first to trade crypto in South Korea after ban

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Humanitarian aid organization World Vision Korea is the first nonprofit to sell crypto in South Korea after the country ushered in new rules around institutional crypto trading. World Vision Korea sold 0.55 Ether (ETH), worth roughly 1.98 million won ($1,436) on Upbit, according to a June 1 statement from Dunamu, the parent company of the crypto exchange. The Ether, which was held by Chairman Myung-hwan, was donated as a result of a campaign in March that asked Upbit users to donate crypto to help underprivileged youth who can’t afford school…

Bitcoin exchange reserves hit an all-time low

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Bitcoin’s supply on exchanges has fallen to its lowest level, raising expectations for a potential spike in volatility. According to data from CryptoQuant, the total amount of Bitcoin (BTC) held across all centralized exchanges decreased to just under 2.5 million BTC as of late May 2025. This steady drop has been accompanied by a strong price rally, with Bitcoin most recently reaching a new all-time high above $111,500.  The data indicates a significant divergence between exchange reserves and prices. While the quantity of Bitcoin held on exchanges has been declining,…

Elon Musk says X’s DM feature XChat to have ‘Bitcoin-style encryption’

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Social media platform X is rolling out a new messaging feature, XChats, which owner Elon Musk says will have “Bitcoin-style encryption.” XChat is seemingly a more feature-rich version of the platform’s direct messaging function, which will feature audio and video calling, “encryption, vanishing messages, and the ability to send any kind of file,” Musk said in a June 1 X post. The new messaging service is built on the Rust programming language, which Musk said had “(Bitcoin style) encryption, whole new architecture.” On May 29, X said that it had…

Trading Bitcoin With Elliott Wave Theory: Patterns and Psychology

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Elliott Wave Theory offers traders a structured way to analyze market psychology and price trends, including the notoriously volatile bitcoin. Using Elliott Wave Theory to Navigate Bitcoin’s Cycles Having explored foundational tools like oscillators, moving averages, and Fibonacci retracement, it’s time to delve into Elliott Wave Theory for analyzing bitcoin prices. This advanced technical analysis […] Original

Bitcoin Mining App to Coinbase no Fees

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