Bitcoin ETFs Record Longest Outflow Streak as $2.8 Billion Exits Funds Amid Cooling Demand
U.S. spot Bitcoin ETFs recorded nine straight days of outflows, the longest streak since their January 2024 launch, with $2.8 billion pulled amid shifting investor sentiment.
Bitcoin has underperformed broader risk assets, trading around $73,000 while equities hit records.
Analysts point to profit-taking and competition from AI/tech sectors as key factors.
U.S. spot Bitcoin ETFs have experienced their longest streak of net ou…
MicroStrategy Retires $1.5 Billion in Convertible Notes at Discount, Preserving Bitcoin Treasury
MicroStrategy has retired $1.5 billion in aggregate principal of its 0% Convertible Senior Notes due 2029, executing the buyback at an 8% discount to par.The company utilized $1.38 billion from its dedicated U…
UK Sanctions Major Crypto Exchange HTX Over Alleged Russia Sanctions Evasion
UK sanctions HTX entity for alleged facilitation of Russian fund movements totaling over $1.5 billion.
Part of package targeting 18 entities involved in sanctions evasion networks.
Implications for global exchanges: First major application of certain UK regulations to a prominent crypto platform.
HTX response: Claims misunderstanding, asserts operational continuity.
The United Kingdom has imposed sanctions on Huobi Global…
More featured news
Vatican Issues AI Encyclical Calling for Tech to Be ‘Disarmed’ Alongside Anthropic Co-Founder
Pope Leo XIV issued “Magnifica Humanitas,” a landmark papal encyclical calling for artificial intelligence to be “disarmed” and strictly regulated…
Hyperliquid Enters Macro Prediction Markets With Validator-Driven CPI Contracts
Hyperliquid expanded its HIP-4 framework by launching a U.S. Consumer Price Index prediction market, allowing users to trade on-chain contracts tied…
Bitcoin Falls Below $75,000 Following Massive ETF Outflows and Heavy Liquidations
Bitcoin breached the critical support level of $75,000 overnight, hitting its lowest price point in nearly a month.
The sharp market downturn follo…
Polymarket Teams Up with Nasdaq Private Market to Launch Pre-IPO Prediction Contracts
Polymarket has launched a new asset category enabling users to trade on the performance, valuations, and funding milestones of major private compan…
SpaceX IPO Filing Discloses $1.45 Billion Bitcoin Stash
SpaceX has officially filed its S-1 registration statement with the SEC for a massive initial public offering, targeting a corporate valuation betw…