btc


Markets

BlackRock's Spot Bitcoin ETF Draws $526M in Net Inflows

BTC failed to take out key price resistance despite huge inflows into BlackRock's IBIT.

BlackRock headquarters (Shutterstock)

Tech

Mt. Gox Creditors Reportedly Hit By Failed Login Attempts Amid Repayments

The Mt. Gox claims portal “is temporarily down for maintenance” as of Asian morning hours Thursday, the site shows.

(CoinDesk)

Markets

Bitcoin Bulls Eye $70K Amid Donald Trump's Rising Chances of Returning as President

“BTC could hover around the 120-day moving average, and the price may have the momentum to go up to $68k or even $70k, but we need to continue to monitor closely the Fed policies and implications of Mt Gox,” one trader said.

Bulls fighting. (Bykofoto/Shutterstock)

Markets

Bitcoin ETF Inflows Hit Six-Week High of $422.5M

BTC's price has recovered 23% since hitting lows near $53,500 on July 5.

Spot BTC ETFs: Daily net inflows. (Coinglass)

Markets

CoinDesk 20 Down 7%, Bitcoin Sinks by 5% as Asia Trading Week Begins

Nearly $175 million in long liquidations as broader market contracts

(CoinDesk Indices)

Markets

Mt. Gox Doomsday Scenario Involves Bitcoin Cash, Not Bitcoin: Analyst

Selling pressure from Bitcoin Cash (BCH) and lack of liquidity is the story to watch once Mt. Gox begins redemptions, writes Presto Research.

Mt. Gox Creditor Kolin Burges confronts Former Mt. Gox CEO Mark Karpeles (CoinDesk)

Markets

Market Confidence Could Quickly Crumble, BIS Warns Indebted Nations

The umbrella body for central banks also cautioned against premature easing of monetary policy.

BIS building (BIS)

Markets

Bitcoin's Potential Rebound May Face Resistance at $65K, OnChain Analysis Shows

Short-term holders wallets sitting on loss may liquidate holdings near $65,000, capping a renewed upswing in bitcoin's price.

Trader looks at lines of support and resistance (Unsplash)