The run is over. Bitcoin spot ETFs saw huge net outflows of $903 million at the end of the trading week of Sept. 22-26, following four weeks of net inflows. Weeks of consistent accumulation are erased by the reversal, which also indicates a change in investor sentiment, as the cryptocurrency market is impacted by profit-taking
An increasing number of countries are preparing to ramp up Bitcoin adoption after moving past the initial skepticism, according to Jan3 founder Samson Mow. “I think we’re on the tail end of gradually, and we’re at the beginning phases of suddenly,” Mow told Danny Knowles on the What Bitcoin Did podcast published on YouTube on
Singapore and the United Arab Emirates rank globally as the most “crypto-obsessed” nations, according to a recent report by ApeX Protocol. Singapore claimed the number one spot with a composite score of 100, driven by 24.4% of its population owning crypto and leading the world in search activity, with 2,000 crypto-related queries per 100,000 people.
Cathie Wood, Founder and CEO of Ark Invest, a company focused on emerging technologies and managing $35 billion in assets, offered her clear and compelling views on the cryptocurrency market. Appearing on “The Master Investor Podcast” hosted by Wilfred Frost, Wood detailed why she believes Bitcoin will always be the number one cryptocurrency. According to
Stablecoin giants like Tether and Circle are profiting from the current high-interest rate environment while stablecoin holders see none of the returns, said Wormhole’s co-founder, Dan Reecer, at Mercado Bitcoin’s DAC 2025 event. Speaking as a panelist, he said the companies are effectively “printing money” by keeping the yield from the U.S. Treasuries backing their
A list of the most prominent projects in the cryptocurrency market, based on their weekly active user count, has been published. According to the data, BNB Chain (BNB) ranked first by a wide margin. Here are the 15 altcoins and ecosystems with the most weekly active users and the change in their user numbers compared
Cryptocurrency analyst Timothy Peterson stated that recent economic developments have given a very strong bullish signal for Bitcoin. Peterson said in his assessment that high interest rates have been suppressing economic activity for a long time, but recent developments have begun to give markets a breather. Peterson noted that high interest rates have effectively locked
Bitcoin exchange-traded funds (ETFs) recorded a massive $418 million outflow while ether ETFs logged their fifth straight day of redemptions with $248 million. ETF Exodus Deepens: Bitcoin Funds Shed $418 Million, Ether Sees $248 Million Outflow It was a week the ETF market would rather forget. Bitcoin and ether funds closed Friday, Sept. 26, deep
A Bitcoin whale has acquired 584 BTC worth $63.9 million, continuing on the conventional whale behavior of large-scale BTC acquisition during a shaky market. The mentioned transaction, carried out in Binance Hot Wallet, reveals how institutional investors and already high-net-worth individuals are taking advantage of price volatility to accumulate large positions in Bitcoin. The strategic