BTC ETFs lose $635 million in a single day. What next?

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Crypto News

A key tailwind that supposedly powered bitcoin’s recent rise above $80,000 appears to be fading. The 11 U.S.-listed spot bitcoin exchange-traded funds (ETFs), which pulled in $3.29 billion in investor money through March and April, are now leaking funds. And sizeable ones at that. On Wednesday, investors yanked $635 million from these funds, the highest […]

ETH may lose its biggest buyer as Bitmine mulls slowing down purchases

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Crypto News

Miami — Bitmine (BMNR), the largest Ethereum treasury firm, may slow the pace of its ether (ETH) accumulation as the firm is inching closer to reaching its accumulation goal, Chairman Tom Lee said Thursday at Consensus 2026 in Miami. The company, which holds over 5.1 million ETH worth around $11.9 billion at current prices, originally […]

Bullish Crypto Bets Lose $1.2 Billion as BTC Trips to Under $89K

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Crypto News

Shaurya Malwa Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, […]