Institutional demand for bitcoin appears to be cooling after a strong start to the month. On Thursday, investors withdrew a combined $171.12 million from the 11 U.S.-listed spot bitcoin exchange-traded funds, marking the largest single-day outflow in just over three weeks, according to data from SoSoValue. BlackRock’s IBIT saw $41.92 million in outflows, while funds
As discussions about technical analysis continue in the cryptocurrency markets, experienced trader Peter Brandt issued a noteworthy warning regarding the Bitcoin chart. Brandt, in his assessment made on the social media platform X, stated that Bitcoin has formed a “rising wedge” pattern. This formation, frequently observed in technical analysis, typically appears during an uptrend and
A noteworthy analysis regarding the recovery process in cryptocurrency markets has been published. Data and analysis platform Ecoinometrics revealed that declines in Bitcoin price are directly related to the recovery period. According to an analysis shared by the platform via X, the deeper the decline in Bitcoin, the longer it takes to return to its
Ukraine has complicated President Donald Trump’s efforts to stabilize oil markets amid the Iran war, amplifying risks for financial markets, including cryptocurrencies. For nearly a month, markets have been gripped by a single concern: the Iran war. Disruptions in the Strait of Hormuz – a critical oil chokepoint – have driven prices sharply higher, stoking
Federal regulators intensify scrutiny of payment giants, signaling potential enforcement over account restrictions that may conflict with consumer expectations and disclosed policies, raising stakes for Paypal, Stripe, Visa, and Mastercard. US Debanking Fight Ignites as FTC Targets Visa, Mastercard, Paypal, and Stripe Practices Access to financial services has become a focal policy concern as federal
Bitcoin price failed to stay above $70,500 and declined further. $BTC is now consolidating below $70,500 and might continue to move down. Bitcoin started a fresh decline from well above the $71,200 zone. The price is trading below $70,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance
Story Highlights Bitcoin has fallen below $70K as whales and retailers alike accumulate on every price dip. A divergence in which LTH buying overwhelms micro-wallet selling could catapult $BTC to new highs. Near-term action could be bearish, in line with historical trends and prevailing macroeconomic/geopolitical events. Bitcoin ($BTC) has recently breached the key psychological support
Noos has declared a new partnership with the ecosystem MetYa, which will mark a significant milestone in the application of artificial intelligence to the real-life Web3. The partnership is aimed at implementing AI agents in social interaction, payment, and decentralized infrastructure to transform the way users interact and conduct business online. 🚀 Noos × @metyacom
Dow Protocol, a blockchain firm for structured payment flows on-chain, has joined exSat Network, a blockchain entity for unified digital asset solutions. The partnership attempts to bolster organized payment flows on-chain. As Dow Protocol mentioned in its official X announcement, the development focuses on exploring the way the seamlessly interlinked digital asset solutions can fortify