Bitcoin fell from US$81,771 to US$76,418 within hours before recovering to US$78,488, while the broader crypto market lost 2.8%. Chainalysis estimated at least US$5.9 billion was stolen in the Binance hack, although the exchange maintained that user funds were safe. Analysts warned that disrupted exchange transfers, wider trading spreads and macroeconomic uncertainty could prolong the […]
Bitcoin fell to US$79,735, down 1.6% over 24 hours, while Ethereum dropped 2.4% to US$2,302 amid broader crypto market weakness. Bitcoin’s recovery above US$81,000 faded after the Federal Reserve held rates steady, with two policymakers favouring an immediate increase. Crypto liquidations reached US$395.92 million over 24 hours, including US$52.04 million in Bitcoin long positions. US […]
VanEck launched its Wealth Builder ETF (WBMO) on NYSE Arca, offering diversified exposure through other ETFs with a net annual expense ratio of 0.26%. The fund allocates across equities, bonds and real assets, with Bitcoin exposure targeted at 2% and permitted to range between 1% and 5%. WBMO’s largest holdings include S&P 500 and Nasdaq […]
Galaxy head of firmwide research Alex Thorn says Bitcoin bottomed on 30 June and is now in an accumulation phase. Nine funds, including Millennium Management and Goldman Sachs, cut 68,000 BTC of spot ETF exposure while wealth platforms and sovereign funds bought. Galaxy says a weekly close below the 50-week average of US$76,540 (AU$108,687) that […]
Bitcoin dropped to US$80,958 before recovering to US$81,626, while Altcoins also faced headwinds. Global equities weakened amid concerns over AI spending, rising oil prices and geopolitical tensions, with the Nasdaq falling 2.6% and Asian markets also declining. US spot Bitcoin ETFs recorded approximately US$635.6 million in net outflows on Thursday, reversing nearly 60% of the […]
Bitcoin briefly reached US$84,835 before retreating to US$82,802, wiping out around US$2,000 in gains within hours. More than 90,000 traders were liquidated over 24 hours, with losses totalling US$349.72 million, including US$129.13 million in Bitcoin positions. Glassnode identified US$87,500 as a key upside level, while a close below US$80,000 could bring US$77,600 into focus. US […]
JPMorgan Asset Management forecasts Bitcoin delivering 10% annual returns over the next decade in its base case, compared with 17% in a bull scenario and -9.7% in a bear scenario. Its Bitcoin forecast exceeds projected returns for US equities, bonds and gold, despite CEO Jamie Dimon’s longstanding criticism of the crypto. JPMorgan estimates Bitcoin’s annualised […]
US spot Bitcoin ETFs recorded US$907.4 million in net outflows over two weeks, although weekly withdrawals slowed from US$679 million to US$228.4 million. BlackRock’s IBIT and Fidelity’s FBTC led Friday’s US$82.4 million in net outflows, extending the funds’ recent weakness. Higher-than-expected US inflation of 3.7% raised concerns about persistent price pressures and the outlook for […]
US consumer prices rose 0.6% in September, lifting annual inflation to 3.7% from 3.4% in August. Bitcoin fell to US$81,533 after briefly dropping to US$80,642, while Ethereum, XRP, Solana and other major assets also declined. The total crypto market capitalisation fell 3% over 24 hours to US$2.73 trillion. US spot Bitcoin ETFs recorded US$261.4 million […]
Bitcoin rebounded above US$84K after falling below US$81K, before easing back to around US$83,389. Geopolitical tensions, high energy prices, elevated Treasury yields and weakness in Asian equities contributed to market volatility. A dormant whale moved 4,581.94 BTC worth about US$377 million to five new addresses, although none of the funds had moved again as of […]