Bitcoin suffered $2.59B in outflows as total crypto ETP withdrawals hit a record $2.9B in one week. CoinShares attributes the sell-off to macroeconomic uncertainty, a major exchange hack, and profit-taking following a prolonged inflow streak.
The post Bitcoin Bleeds the Most as Crypto ETPs Record Largest Weekly Outflows of $2.9 Billion: CoinShares appeared first on Cryptonews. …
Category: Bitcoin
Swiss National Bank Rejects Bitcoin as Reserve Asset Over Stability and Security Concerns
Swiss National Bank (SNB) President Martin Schlegel has dismissed the idea of adding Bitcoin to Switzerland’s reserve assets, citing concerns over stability, liquidity, and security risks.
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Bitcoin Key Levels to Watch: Is a Surge Coming After Dropping 10.4% This Week?
Bitcoin struggles at $85,900 resistance after a 10.4% weekly drop, while Switzerland’s SNB rejects BTC as a reserve asset. Will Bitcoin break out or face more downside? Key levels and insights inside.
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Bitcoin Price Rises as Trump Announces Crypto Summit on March 7th: Will This Trend Continue?
Bitcoin jumps 8% to $86,500 after Trump announces a Crypto Summit on March 7. Can BTC sustain this rally, or will trade tensions and inflation weigh on prices?
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Milo Surpasses $65 Million in Crypto Mortgage Loan Volume
Milo, a financial technology company offering crypto mortgage lending, has surpassed $65 million in total loan volume for its crypto-backed mortgage product.
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Bitcoin Price Crash – Why Trump 2.0 Turned Into a Crypto Nightmare, But There’s a Silver Lining
The bitcoin price crash could see the bellwether coin’s value fall below $70,000 or even as low as $50,000, but there’s a silver lining
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Bitcoin Drops to Three-Month Low Under $80K, Erasing All Trump Election Gains
Bitcoin’s decline deepened during Asian trading hours on Friday, with the cryptocurrency dropping below $80,000 for the first time in three months.
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Core Scientific Announces $1.2B Data Center Expansion Despite $265M Q4 Loss
Bitcoin mining company Core Scientific has revealed plans for a $1.2 billion data center expansion in partnership with artificial intelligence startup CoreWeave.
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Merchants Report Increase in Crypto Payments for Luxury Goods
The use of crypto payments in luxury retail is increasing, with merchants accepting Bitcoin and altcoins for high-end purchases. This trend signals a shift in consumer behavior as digital assets integrate into premium commerce.
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Ark Invest Buys $8.7M in Coinbase Shares, Sells $8.6M of Its Bitcoin ETF Amid Crypto Sell-Off
Ark Invest purchased 41,032 shares of Coinbase (COIN) worth approximately $8.7 million for its Next Generation Internet ETF (ARKW) on Tuesday.
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