Bitcoin ETFs shed $434M as BTC briefly touches $60K, assets near $80B
Net weekly outflows from Bitcoin ETFs reached $690 million as BTC briefly touched $60,000, reigniting analyst criticism over “paper Bitcoin” and scarcity.
Metaplanet vows to keep buying Bitcoin as sentiment craters
Metaplanet CEO Simon Gerovich is sticking with the company’s Bitcoin accumulation plan despite a brutal drawdown in both its stock and the wider crypto market.
Large Bitcoin holders’ share of supply hits 9-month low amid price drop
Santiment says the pattern of large holders selling while retail scoops up Bitcoin is “what historically creates bear cycles.”
Banks and crypto could offer similar products in time: Bessent
US Treasury Secretary Scott Bessent says banks and crypto may begin to offer similar products, and pledged to prevent deposit flight concerns that are stalling a key crypto bill.
Tether makes $150M investment in Gold.com in latest gold play
Tether and Gold.com are exploring options to allow the use of Tether’s stablecoins to purchase physical gold.
Bitcoin miners IREN, CleanSpark shares plunge as earnings fall short
Crypto mining stocks have declined across the board the value of the entire crypto market fell almost 9% on Thursday.
Crypto sentiment at lowest point since 2022 crash as Bitcoin tanks to $60K
Bitcoin plummeted to a low of around $60,000 after the Crypto Fear & Greed Index hit its lowest score since mid-2022, when the Terra blockchain collapsed.
Kalshi boosts surveillance ahead of Super Bowl with independent committee
Kalshi has seen nearly $170 million in Super Bowl-related bets, and its move to boost oversight comes as prediction markets come under scrutiny by regulators and Congress.
BlackRock’s IBIT hits daily volume record of $10B amid Bitcoin crash
Traders were active in BlackRock’s iShares Bitcoin Trust ETF on Thursday as Bitcoin plummeted, falling 12% in the last 24 hours.
Strategy records $12.4B loss in Q4, shares dip 17% as Bitcoin tumbles
Strategy executives Phong Le and Andrew Kang say the company is on a strong financial footing despite it now being down 17.5% on its Bitcoin holdings.