BlackRock’s Bitcoin ETF (IBIT) saw a massive $72.7 million outflow on December 20th – its biggest ever since launching in January. This followed a day of zero activity, leaving some investors worried. Record Outflows Across the Board It wasn’t just BlackRock feeling the pinch. Fidelity’s Wise Origin Bitcoin Fund (FBTC) also experienced record outflows, hitting…
Crypto markets are buzzing with anticipation for a big price surge, and a new report highlights which exchanges are best positioned for the ride. A recent analysis by CryptoQuant shows Binance leading the pack in terms of leverage ratio. What’s a Leverage Ratio? In simple terms, a crypto exchange’s leverage ratio shows how much trading…
The Federal Reserve’s recent announcement about potentially slowing down interest rate cuts sent shockwaves through the financial world. Bitcoin took a hit, dropping 17%, and something unusual happened in the Bitcoin market. A Big Price Gap Binance data revealed a record-breaking negative gap between Bitcoin’s spot price (the actual price) and its perpetual futures price…
Trump’s reelection in 2024 sparked a crypto market rally, largely due to his campaign promise to create a US Bitcoin reserve. This idea—using Bitcoin to offset national debt—has generated a lot of buzz. Bitcoin as a Debt Solution? Ki Young Ju, CEO of CryptoQuant, recently shared his thoughts on this. He argues that using Bitcoin…
A crypto expert predicts some altcoins could significantly outperform Bitcoin in 2025. Here’s their take on three promising contenders: Solana (SOL): The Memecoin Machine Solana’s growth has been explosive, mirroring Bitcoin’s gains and even surpassing many other cryptocurrencies. Its lightning-fast transaction speeds are attracting developers and users, making it a top platform for decentralized applications…
Market analysis firm Santiment has revealed some interesting activity in the crypto market, particularly involving some altcoins experiencing significant whale transactions. Altcoin Surge and Whale Activity One altcoin, Virtuals (VIRTUAL), a tokenized AI project, has seen a phenomenal 20,000% increase year-to-date. This impressive growth has coincided with substantial whale activity, according to Santiment. They’ve noted…
A huge data breach has exposed the private information of almost a million Americans. The leak involved ConnectOnCall, a patient-doctor communication app owned by Phreesia, a health tech company. What Happened? According to the U.S. Department of Health and Human Services, the breach affected 914,138 users. The company says hackers accessed the app between February…
Anthony Pompliano, founder of Pomp Investments, is sticking to his long-term positive outlook on Bitcoin (BTC), even with its price dipping below $100,000. He predicts 2025 will be a banner year for the cryptocurrency. Two Key Drivers for Bitcoin’s Growth Pompiliano points to two main factors fueling his optimism: Global Money Printing: Continued money printing…
Bitcoin’s price has been a wild ride lately. After hitting a record high, it took a 15% dive. This has everyone guessing what’s next. But a massive event might give us a clue. A Billion-Dollar Bet on Bitcoin? A huge $1.24 billion in USDC (a stablecoin, basically digital dollars) just flowed into spot cryptocurrency exchanges….
ASIC Takes Action Australia’s financial watchdog, the Australian Securities and Investments Commission (ASIC), has taken a major step in regulating the cryptocurrency market by targeting Binance Australia. This move has sent shockwaves through the crypto community, and its outcome will likely shape how digital currencies are handled not just in Australia, but globally. ASIC’s crackdown…
