Institutional Investors Sell $414,000,000 in Bitcoin and Crypto Assets in One Week: CoinShares
[ad_1] Institutional investors just sold an overall total of $414 million in Bitcoin and crypto assets in one week, according to a new update from CoinShares. It marks the first selloff in five weeks amid concerns over the prolonged Iran conflict and higher inflation. The US led the outflows with $445 million. Switzerland recorded minor […]
A Guide To Using Bitcoin For Stablecoin Loans
[ad_1] This guide provides a comprehensive overview of the process for converting Bitcoin (BTC) into a wrapped or tokenized form (cbBTC, wBTC and others) to be used as collateral for borrowing stablecoins like USDT and USDC. It explores several distinct pathways, detailing the associated platforms, benefits, and inherent risks of each approach. The information presented […]
Bitcoin Price Reclaims $65,000 With Conviction—Is A Bigger Rally Next?
[ad_1] Bitcoin price started a fresh increase and cleared the $64,500 zone. BTC is consolidating and might aim for more gains above the $66,200 level. Bitcoin managed to stay above $62,500 and started a fresh increase. The price is trading above $64,500 and the 100 hourly simple moving average. There is a bullish trend line […]
Bitcoin Price Hovers Above $60K As Traders Search For Direction
[ad_1] Bitcoin price started a fresh decline below the $62,500 zone. BTC is showing bearish signs and might continue to move down if it dips below $61,200. Bitcoin failed to stay above $63,200 and extended losses. The price is trading below $62,500 and the 100 hourly simple moving average. There is a bearish trend line […]
Institutional Investors Sell $1,670,000,000 in Bitcoin and Crypto Assets in Third Straight Week of Outflows: CoinShares
[ad_1] Institutional investors just sold an overall total of $1.67 billion in Bitcoin and crypto assets in one week, according to a new update from Coinshares. The outflows mark the third consecutive negative week and the second-largest weekly outflow of the year, with three-week cumulative outflows now standing at $4.21 billion. Bitcoin led the selling […]
NFT Prices Tumble As Crypto Investors Place Big Bets On Bitcoin And Ethereum ETFs
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