statis IN Watchlist

Nifty 50

Nifty Bank

Reliance Industries Ltd.

Zomato Ltd.

Tata Consultancy Services

Tata Motors Ltd.

HDFC Bank Ltd.

ITC Ltd.

Bitcoin

Adani Enterprises Ltd

Axis Bank Ltd

Bajaj Finance Ltd

statis US Watchlist

SPDR S&P 500 ETF

Invesco QQQ Trust Series 1

Apple Inc.

Tesla Inc

Microsoft Corporation

NVIDIA Corp

 Hey, I want to invite you to join Stocktwits. It’s the largest global community of active traders. You’ll get access to the real-time market insights, news, discussion and much more! You can sign up using my unique link below 
 


 has invited you to join Stocktwits

Post-Halving Spike: Bitcoin Daily Transactions Hit Record High

The spot Bitcoin ETF sector is once again in the red zone, experiencing a capital outflow of $217 million on April 25.

BlackRock’s Bitcoin ETF sees $217m outflow

The post China Might Reverse Crypto Ban Within 3 Months, Predict Experts appeared first on Coinpedia Fintech News China, well-known for its tough stance on cryptocurrencies, seems to be rethinking its ban on Bitcoin soon. This news coincides with Hong Kong, a Chinese Special Administrative Region, taking big steps towards Bitcoin acceptance, including the approval of Bitcoin exchange-traded funds (ETFs). Read more about this below. How China’s Crypto Ban Began Back in September …

China Might Reverse Crypto Ban Within 3 Months, Predict Experts

The Spot Bitcoin ETFs have seen their demand drop since the start of this month, and this was again evident in the considerable outflows recorded on April 26. This poor run has had far-reaching effects on the broader crypto market as Bitcoin’s price has succumbed to unfavorable market conditions. Spot Bitcoin ETFS Record $217 Million Of Outflows Farside Investors revealed in an X (formerly Twitter) post that the Spot Bitcoin ETFs recorded $217 million of net outflows on April 25, one of their largest this month. Grayscale’s Bitcoin Trust (GBTC) accounted for most of these outflows, with investors moving $139.4 million out of the fund. Related Reading: Why Is The Dogecoin Price Down Today? Some other funds also recorded individual outflows. Ark Invest’s Spot Bitcoin ETF recorded $31.3 million in outflows, while Valkyrie and Bitwise’s ETFs saw $20 million and $6 million in daily outflows, respectively. Notably, Fidelity’s Wise Origin Bitcoin Fund (FBTC) recorded a net daily outflow for the first time since these funds were approved, with $22.6 being moved out of the fund on Thursday. Meanwhile, BlackRock’s dry spell continued with its iShares Bitcoin Trust (IBIT) recording zero inflows for the second consecutive day. Although the fund has yet to record net daily outflows since launching, this undoubtedly represents a setback, considering that it had, before April 24, recorded 71 consecutive days of daily inflows. These Spot Bitcoin ETFs’ outflows have led to a wave of sell-offs from the fund issuers to fulfill redemptions. As a result, Bitcoin’s price action has been rather unimpressive as of late, with the flagship crypto experiencing significant price declines due to the heightened selling pressure. This development has put the bears firmly in control, with data from Coinglass showing that more Bitcoin longs than shorts have been liquidated in the last 24 hours. Macro Economic Factors Also Affecting Bitcoin’s Price An initial estimate released by the Bureau of Economic Analysis on April 25 showed that the US Gross Domestic Product (GDP) grew at an annual rate of 1.6% in the first quarter, which was way below expectations. This data report further diminishes hopes of rate cuts this year and looks to have played out in investors’ minds as Bitcoin briefly dropped below $63,000 following the report’s release. Related Reading: HBAR Prices Crashes 35% As BlackRock Denies Any Ties To Hedera Meanwhile, the Personal Consumption Expenditures (PCE) inflation data is set to be released on April 26. This PCE report could come in higher than expectations, adding to the growing concerns about the unlikelihood of rate cuts this year. Interest rates have significant implications on risk assets, including crypto, and if the Federal Reserve decides to take a hawkish stance, it could negatively impact the crypto market. BTC price falls toward $63,000 | Source: BTCUSD on Tradingview.com Featured image from Islam and Bitcoin, chart from Tradingview.com

Spot Bitcoin ETFs Rocked By Outflows, BTC Price Succumbs To Bears

Data from Soso Value, the leading ETF analytics platform, shows a $218 million net outflow from Bitcoin ETFs last Thursday. A report from the renowned Chinese crypto journalist Colin Wu showed that Grayscale’s GBTC accounted for $139 million of Thursday’s outflow, making it the ETF with the highest outflow in the day. Furthermore, Wu’s report The post BTC Slumps Following a $218 Million Daily Net Outflows From Several ETFs appeared first on Coin Edition .

BTC Slumps Following a $218 Million Daily Net Outflows From Several ETFs

Mainland Chinese citizens will not be able to purchase Bitcoin and Ether ETFs in Hong Kong because mainland China banned crypto transactions years ago.

Mainland China investors won’t be able to buy Hong Kong Bitcoin ETFs

Bitcoin developer Luke Dashjr says the Runes protocol exploits fundamental design flaws within the BTC blockchain network and proposes methods to filter Runes transactions. The post Bitcoin core dev criticizes Runes, claims the protocol exploits Bitcoin’s design flaws appeared first on Crypto Briefing .

Bitcoin core dev criticizes Runes, claims the protocol exploits Bitcoin’s design flaws

This would signal fitting conclusion to Satoshi's journey

Bitcoin Creator, Satoshi Nakamoto Final Act Before Vanishing Decoded

New Bitcoin statements came from Thomas Jordan, president of the Swiss National Bank. Will they buy BTC? Here are the details... Continue Reading: Will the Swiss National Bank Buy Bitcoin (BTC)? Central Bank President Announced!

Will the Swiss National Bank Buy Bitcoin (BTC)? Central Bank President Announced!

The entity behind MetaMask, Consensys, it taking the fight to the SEC. Consensys’ recent actions against the SEC have just given the cryptocurrency...

BTC.X Bitcoin

About

Feed

News

Sentiment

Fundamentals