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Markets
Bitcoin Plunges to $65K, Altcoins Bleed 10%-20% as Week Turns Ugly
Some $180 million of leveraged derivatives positions were liquidated across all crypto assets during the shake-out, CoinGlass data shows.
Bitcoin Traders See Short-Term Bearish Target at $60K as Miners Pare Holdings
Persistent testing of the lows sets the bears up for quick success with their next target at $60,000, one trader said.
Here's Why Bitcoin's Not Keeping Pace With Nasdaq
Bitcoin declined 6% in a week even as Nasdaq rallied to record highs.
Bitcoin ETFs See $226M Outflows Led by Fidelity’s FBTC
BlackRock’s IBIT was the only ETF posting a net inflow on Thursday, while most of the funds recorded outflows.
Early Buyers of Andrew Tate’s DADDY Meme Coin Apparently Sitting on $45M in Unrealized Value
There is no evidence to show Tate sold tokens from his doxxed wallets, but some supposed “insider” buying activity before the token’s promotion on X shows too much of the token in too little hands.
Stick With Bitcoin, 10x Research Says After Fed Predicts Just One Rate Cut For 2024
ETF inflows resumed Wednesday as U.S. inflation came in lower-than-expected.
U.S. CPI Was Flat in May, Beating Expectations; Bitcoin Rises to $69.2K
Softer inflation data could prove a boon to recently under pressure digital asset prices.
Bitcoin ETFs See $200M Net Outflows in Fed, CPI Jitters
The eleven ETFs recorded $200 million in net outflows on Tuesday, the highest since May 1 figures of $580 million.
Fed Should Cut Interest Rate as Restrictive Stance Adds to Inflation, Democrats Say
Elevated interest rates aimed at taming inflation have become a part of the problem, three Democrat senators said.
Meme Sector Sees Sharp Sell-off as GameStop Losses Extend to 60%
A Solana meme parody of the actual company was down 25% in the past 24 hours, with steep losses across other meme tokens that tended to move in tandem with GameStop.
