SpaceX is planning to set the price of its initial public offering at $135 per share in a deal that would raise a record $75 billion and value the company at $1.75 trillion, the company said in a filing with the U.S. Securities and Exchange Commission. The aerospace company plans to sell 555.6 million shares […]
Bitcoin BTC$69,395.02 slipped below $70,000 for the first time in two months, leaving cryptocurrency markets vulnerable ahead of a week of important U.S. economic data that could determine the direction of the next move for risk assets. The largest cryptocurrency has lost more than 4.45% in the past 24 hours, and was recently trading near […]
The S&P 500’s longest weekly winning streak since 2023 and Brent crude settling near $92 on U.S.-Iran ceasefire hopes have failed to pull bitcoin BTC$73,466.17 and ether (ETH) higher, with the two largest cryptocurrencies finishing the week down nearly 3% as cooling spot bitcoin ETF inflows reinforced the pullback. The S&P 500 posted its ninth […]
U.S. spot bitcoin ETFs have now recorded nine consecutive trading days of net outflows, marking the longest withdrawal streak since the products listed in January 2024. SoSoValue data Over the nine-session run, investors pulled roughly $2.8 billion from the funds, surpassing any previous period of sustained selling pressure. U.S. spot bitcoin ETFs have shed approximately […]
Latest developments: Calamos says its protected Bitcoin ETFs are attracting inflows even as spot Bitcoin ETFs see redemptions. Matt Kaufman, head of ETFs at Calamos, said the firm saw roughly $10 million to $15 million in inflows over the past several weeks. Kaufman said advisors are increasingly looking for Bitcoin exposure that reduces volatility and […]
The crypto market is at a critical point on Wednesday, with bitcoin BTC$75,813.04 priced close to the $75,000 level of support after failing to break through $78,000 on Tuesday. Ether’s (ETH) chart tells a similar story. The second-largest cryptocurrency by market capitalization was rejected off $2,150 on Tuesday, and fell toward the $2,000 support level. […]
Bitcoin BTC$77,368.07 traded at $76,600 on Tuesday, down 0.8% since midnight UTC, as Monday’s brief bounce to $77,800 fades. The move leaves the largest cryptocurrency potentially forming another lower high in a bearish structure that has been in place since October, and down 7% over the past two weeks. The weakness is not reflected in […]
Crypto fund flows are starting to fracture, with investors exiting bitcoin BTC$77,483.75 and ether (ETH) exchange-traded funds (ETFs) while rotating into alternative tokens such as Hyperliquid’s hype (HYPE) and XRP (XRP). Bitcoin ETFs saw more than $1 billion in outflows last week, extending a sharp institutional pullback, while ether funds lost another $215 million, according […]
Bitcoin BTC$75,328.36 is rapidly losing ground as investors pull out billions of dollars from U.S.-listed spot ETFs. The world’s largest cryptocurrency fell to $74,305 early Saturday, its lowest level since April 20, according to CoinDesk data. As of writing, BTC was down more than 3% over the past 24 hours and approximately 10% below its […]
AmericanFortress researchers introduced a patent-pending post-quantum signature scheme that could secure the global crypto ecosystem against future quantum attacks without requiring mass fund migrations. According to the company, the breakthrough means even Satoshi Nakamoto’s huge 1.1 million bitcoin stash, alongside nearly 5 million BTC in dormant accounts, can be saved, with a combined value of […]
XRP is back at the top of South Korean trading screens. The token’s won pair was the most traded market on Upbit over the past 24 hours, with about $110.9 million in volume, ahead of bitcoin’s $88.6 million and ether’s $67 million, CoinGecko data shows. On Bithumb, XRP/KRW recorded about $41 million in volume, ranking […]
The biggest decentralization move bitcoin mining has seen in years just happened quietly, with seven of the largest pools agreeing to back the same open standard. Foundry, AntPool, F2Pool, SpiderPool, MARA Pool, Block Inc, and DMND have all joined the Stratum V2 working group, the group announced last week. Stratum V2 is an open-source protocol […]