US-listed spot Bitcoin exchange-traded funds (ETFs) clocked a day of outflows on Monday despite BTC surging above $74,000. Spot Bitcoin (BTC) ETFs recorded $291 million outflows on Monday, the largest daily outflow since March 27, according to SoSoValue data. The selling largely came from the Fidelity Wise Origin Bitcoin Fund (FBTC), which led the outflows at $229 million, according to Farside data. As Bitcoin rose by about 5% on Monday to reach four-week highs near $75,000, the outflows interrupted what had otherwise been a firmer stretch for US Bitcoin ETFs,…
Tag: Bitcoin
Crypto Market Cap Hits $2.6 Trillion as Bitcoin Eyes $75K Amid Hormuz Standoff – Markets and Prices Bitcoin News
Key Takeaways: The crypto market cap hit $2.6 trillion on April 14 as bitcoin reached a session high of $74,959. A rally in assets like ethereum and RAVE triggered $540 million in liquidations for short sellers. Rising tensions after a U.S. blockade of the Strait of Hormuz may force a reaction from China next. Bitcoin Leads the Charge The crypto economy’s market capitalization topped $2.6 trillion early Tuesday, April 14, as both bitcoin and altcoins shrugged off geopolitical tensions to post significant gains. According to daily chart data, the market…
Nigel Farage faces potential FCA probe over links to Bitcoin treasury firm
Nigel Farage is facing calls for a formal regulatory probe into his financial involvement with the cryptocurrency firm Stack BTC following his appearance in the company’s promotional content. Summary Nigel Farage is under scrutiny from the Financial Conduct Authority following a request from the Liberal Democrats to investigate his financial involvement and promotional activities with Stack BTC. The investigation focuses on whether the Reform UK leader breached market rules by appearing in promotional videos for the firm while holding a 6.31% stake in the business. The Liberal Democrats sent a…
Relm Insurance Launches Crypto and Cannabis Kidnap Coverage – Crypto News Bitcoin News
Key Takeaways: Relm Insurance launched a K&R product to protect web3 and cannabis leaders from rising physical threats. Crypto attacks from 2024 to 2026 comprise over 33% of all-time sector violence, driving niche demand. Clients gain a 10% mitigation allowance for proactive training and 24/7 access to security directors. Relm Responds to Targeted Threats in Frontier Industries Bermuda-based Relm Insurance has launched a specialized kidnap and ransom (K&R) insurance product tailored for the Web3 and cannabis sectors. The move marks a shift in the specialty insurance market, addressing a new…
Lib Dems Urge FCA Probe into Farage Over Stack BTC Bitcoin Promotion
UK Liberal Democrats have urged the Financial Conduct Authority (FCA) to investigate Nigel Farage’s ties to Bitcoin treasury company Stack BTC after it disclosed a 37 Bitcoin purchase and published promotional material featuring the Reform UK leader, who is also a shareholder. In a letter to the FCA, Liberal Democrat deputy leader Daisy Cooper asked the regulator to investigate whether Farage breached market rules by appearing in a promotional video for Stack BTC while holding a financial stake in the company. “The FCA must investigate whether Farage’s plans to cash…
Bitcoin $50K Bottom Call Faces Pushback As Price Nears $75K
Previous bear markets left scars that are hard to ignore. The 2017 crash wiped out more than 80% of Bitcoin’s value. The 2021 collapse took nearly 77%. So when a fresh wave of analysts began calling for a drop to $50,000, the warnings carried weight — at least on paper. Related Reading A Different Kind Of Cycle Nick Ruck, director of LVRG Research, said the $50,000 level was being eyed as the last major buying opportunity before any real recovery could take hold. A drop to that price, he said,…
Bitcoin price eyes ascending triangle breakout, will it reclaim $80,000?
Bitcoin price edged closer to the $75,000 mark after news reports suggested a potential de-escalation of the U.S.-Iran war. Bitcoin is now close to breaking out of an ascending triangle that could push it higher this week. Summary Bitcoin price climbed toward $75K on U.S.-Iran ceasefire hopes and easing inflation fears as oil prices dropped. A $225 million short squeeze across derivatives markets accelerated BTC’s rally and strengthened bullish momentum. BTC is approaching a breakout above $76K from an ascending triangle, with $80K as the next key resistance level. According…
BITCOIN ACİL ANALİZ 🚨 BTC ve Kripto Piyasası Güncel Durum
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Herkese selam! Bu videoda Bitcoin detaylı analiz yapıyoruz. Teknik analizden yararlandığımız bu videoda Bitcoin alım bölgelerine de göz atıyoruz. İyi seyirler! Binance İndirimli Kayıt: 👉 ✔️ Binance Borsasına %20 Komisyon İndirimli Kayıt Linki = 🧩Binance davet kodu : B4DLQJE0 👉 ✔️ Binance Futures (vadeli işlemler) %10 komisyon indirimi kazanmak için tıkla = Ayrıcalıklardan yararlanmak için bu kanala katılın: 👉 AsterDEX borsasında 1.5X puan kazanmak için takımımıza katıl = 👉 AsterDEX Kaldıraçlı İşlemler SIFIRDAN EĞİTİM = 🔗 Binance TR kayıt: 👉 Tüm Kanallarımıza…
Shrinkflation Hits Brazilians as Middle East Conflict Pushes Prices Higher – Economics Bitcoin News
Key Takeaways: With Brazil’s March inflation at 4.14%, firms adopted shrinkflation, ensuring prolonged consumer pain next. Bloomberg notes that March food prices surged 1.56% due to Middle East war costs, ensuring tighter budgets next. Despite a 7% Jan. wage hike, angry voters blame Lula da Silva, making his upcoming reelection bid uncertain. Shrinkflation Hits Brazilian Households Even as Lula Jumps to Lighten the Burden Shrinkflation, a term made famous by former U.S. President Joe Biden during his last reelection bid, has entered the Brazilian economy. According to reports, companies have…
Forming Bottoms for Bitcoin, XRP Price Chart & Altcoin Market, Post Capitulation Accumulation Styles
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Blockchain Backer Newsletter – Blockchain Backer’s Technical Analysis Toolkit for Crypto – Blockchain Backer 702 Digital Art NFT Collection on XRP – Hi, I am the Blockchain Backer, bringing you the latest cryptocurrency news and analysis. The content of my channel primarily focuses on crypto news, motivation, and chart analysis on the XRP chart, Bitcoin chart, various Altcoin charts, and market cap charts. DISCLAIMER: I am not a financial adviser. Investing and trading is risky, and you can lose your money. The…