News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Spot bitcoin ETFs in the U.S. experienced net inflows of $274.6 million on Monday, marking the largest daily inflows since 4th February. These ETFs had previously seen five consecutive weeks of net outflows amounting to over $5 billion.
Bitcoin traders and analysts consider potential BTC price targets as upward liquidity increases and market sentiment increasingly fears levels below $70,000.
BTC price movements suggest that positive news on inflation is actually negative due to ongoing US trade war concerns, which are reducing the appetite of risk-asset traders.
Bitcoin experiences its largest weekly decline against the US dollar to date, as traders in risk assets rush to exit.
The price of Bitcoin fell after US President Donald Trump pledged not to sell any of the government's current Bitcoin holdings, but did not make a firm commitment to purchase more.
One crypto analyst suggests that Bitcoin long positions may "become viable" once the long-term seller supply increases again.
Bitcoin dropped by 9.7% and ether declined by 14.7% as Trump initiated a trade war with tariffs on Canadian and Mexican imports coming into effect on Tuesday. An analyst stated that Trump's stringent tariff measures have "further fueled risk-off sentiment."
President Trump's announcement regarding a U.S. Crypto Strategic Reserve sent prices soaring across the crypto industry, boosting the total industry market cap by nearly 20% since its recent lows on Friday. Cardano, XRP, Trump's memecoin, and Solana were the best performing coins over the past 24 hours; BNB rose the least out of the top 10 cryptocurrencies by market cap.
US spot bitcoin ETFs experienced a total daily net outflow of $1 billion, excluding flow data from Ark Invest’s ARKB. During their six-day streak of negative flows, these ETFs saw over $2 billion withdrawn from the products. Analysts suggested that the rebalancing of institutional investors’ positions in the ETFs might have contributed to the record-high outflows.
- 03:09A TRUMP liquidity provider removed nearly 220,000 TRUMP tokens 2 hours ago, possibly to secure a dinner invitationAccording to Lookonchain monitoring, a long-term TRUMP liquidity provider removed liquidity from two wallets 2 hours ago, receiving 211,977 TRUMP tokens (worth $2.76 million) and 18,376 SOL tokens (worth $2.76 million). Now, these two wallets are among the top 220 holders, giving them the chance to receive an invitation to two TRUMP dinners. This individual purchased 332,424 TRUMP tokens (worth $802,000) at a price of $2.41 on the day of listing and added liquidity. At its peak, these tokens were worth more than $24 million.
- 02:58Uniswap Labs-associated wallet deposits 9 million UNI, held for 4.5 years, into CEX PrimeAccording to Onchain Lens monitoring, a wallet associated with Uniswap Labs has deposited 9 million UNI (valued at $53.9 million) held for 4.5 years into CEX Prime. The wallet received the UNI on September 17, 2020, when the UNI price was $3.44.
- 02:58Data: Since January 29, Tether has issued an additional 11 billion USDT on the Tron networkAccording to Lookonchain monitoring, since January 29, Tether has issued an additional 11 billion USDT on the Tron network. Currently, the issuance of USDT on the Tron network has exceeded 70 billion dollars.