Tag: Market

Bitcoin ETFs flip Ethereum in inflows as market cooldown continues

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After leading ETF inflows for seven straight days, Ethereum has finally been overtaken by Bitcoin. The shift comes as the broader crypto market shows signs of cooling and investors reassess their positions. Summary Bitcoin ETFs recorded $179 million in inflows on August 28, surpassing Ethereum’s $39.2 million. It is the first time in over a week that Bitcoin ETFs have outpaced Ethereum in daily net inflows. Bitcoin trades around $113,200, down 3% over 24 hours, while Ethereum hovers near $4,333, down roughly 13% from its all-time high. Bitcoin (BTC) ETFs…

Bitcoin Miner Selling A Risk To The BTC Bull Market?

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Key takeaways: Bitcoin miners sold $485 million worth of BTC during a 12-day period ending Aug. 23. Despite miners selling, Bitcoin’s network hashrate and fundamentals remain resilient. Bitcoin (BTC) reclaimed the $112,000 mark on Thursday, recovering from a six-week low hit just two days prior. Despite the bounce, traders remain uneasy as Bitcoin miners have been offloading coins at the fastest pace in nine months. The question is whether this signals the start of deeper trouble or if other factors are driving the recent outflows. Bitcoin miners’ 5-day average net…

Tether Unleashes $1-B In New USDT As Crypto Market Recovers

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Tether minted 1 billion in USDT on Wednesday, a move that market watchers say added fresh liquidity to crypto markets already moving higher. Related Reading Based on reports, the total crypto market cap bounced from an intraday low near $3.80 trillion to about $3.90 trillion on the same day, while Bitcoin traded around $112,300 and Ether reclaimed levels near $4,600. The minting stood out because it often signals ready cash that can be deployed quickly into exchanges and trading desks. Tether Minting Sparks Liquidity Flows New USDT issuance is frequently…

Bitcoin and the crypto market braced as economist warns on the Fed cuts

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Bitcoin and the broader crypto market are on edge as a top economist, whom Donald Trump nominated to the Federal Reserve in 2019, downplayed the impact of the upcoming interest rate cut.  Summary Stephen Moore, a top US economist, has downplayed the impact of the coming Federal Reserve interest rate cut. He believes that the main interest rate that the Fed should cut is the Interest on Reserves. The main potential catalyst for the crypto market will be the October ETF approvals. Bitcoin (BTC) price was trading at $112,645 at…

CFTC Adopts Nasdaq Financial Market Monitoring Tool to combat Market Manipulation

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The Commodity Futures Trading Commission (CFTC), a US financial regulator, is integrating a financial surveillance tool developed by stock exchange company Nasdaq in a bid to overhaul its 1990s infrastructure. Nasdaq’s software is focused on detecting market abuse, including insider trading activity and market manipulation in equities and crypto markets, Tony Sio, head of regulatory strategy and innovation at Nasdaq, told Cointelegraph. He said: “Tailored algorithms detect suspicious patterns unique to digital asset markets. It offers real-time analysis of order book data across crypto trading venues and cross-market analytics that…

Bitcoin MVRV Compression Signals Pause – Market Digests Recent Volatility

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Bitcoin is trading around $111,000 after several days of losing ground below its all-time high of $124,500. Bulls have managed to keep the price above the key $110,000 support, but momentum remains weak as attempts to push higher continue to fail. Some analysts warn of a deeper correction ahead if buyers cannot step in with stronger conviction. Related Reading Top analyst Axel Adler shared new insights, pointing to the behavior of Bitcoin’s annual Adjusted MVRV. Currently, the metric has pressed against the 1.0 zone, meaning the short-term average (30-day) is…

Bitcoin Price Could Drop to $60K During The Next Bear Market

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It is now clear to most investors, especially those who have survived one or more crypto winters, that Bitcoin moves in cycles of about four years. Many argued until 2022 that Bitcoin would always remain above its previous highs. This happened in 2011, in 2014 and in 2018. In 2022, however, the price of Bitcoin fell, due to the collapse of FTX, to $15,000, below the fateful threshold of $20,000, which was briefly reached, albeit for a few days in December 2017. While everyone is trying to predict what the…

Bitcoin Breakdown in Motion – Bounce Trap Or Deeper Bear Market Warning?

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Bitcoin, Ethereum ETFs hold strong despite market tumble

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Despite the ongoing crypto market downturn, spot Bitcoin and Ethereum ETFs have held steady, with Ethereum funds in particular continuing to attract strong inflows. Summary Spot Bitcoin and Ethereum ETFs have remained resilient despite the recent sharp market drop. Ethereum ETFs pulled in approximately $444 million on August 25, marking a three-day winning streak. Bitcoin ETFs logged a net inflow of $219 million on August 25, ending six consecutive days of outflows. Ethereum (ETH) ETFs continue to attract strong inflows despite the recent market decline. According to the latest data…

Bitcoin Drops to $108K Despite Flip in Spot BTC ETF Market

Key Notes Bitcoin crashed to $108K as spot ETFs broke their six-day outflow streak. Binance funding rates stayed overly positive, raising the risk of a long squeeze. Technicals show key resistance at $117K–$121K and downside risk toward $100K. Bitcoin BTC $110 083 24h volatility: 1.4% Market cap: $2.19 T Vol. 24h: $56.14 B shocked markets with a sudden crash to $108,000, unable to break above $113,000. The decline comes as spot Bitcoin ETFs ended their longest-ever outflow streak, adding a surprising twist to BTC price action. On August 25, Ethereum…