BlackRock’s Bitcoin ETF (IBIT) experienced its largest single-day outflow of $430.8 million on May 30th, ending a 31-day inflow streak. This raises questions about the ETF’s impact on Bitcoin’s price and overall market sentiment.
Category: News
IMF Flags Concerns Over Pakistan’s Bitcoin Mining Power Plan: Impact on Crypto?
The IMF is scrutinizing Pakistan’s allocation of 2,000 MW for Bitcoin mining amid economic woes. What does this mean for the country’s crypto ambitions and the broader market?
Crypto’s Enduring Optimism: Why It Weathers Crises Better Than Traditional Markets
A recent analysis highlights the structural optimism inherent in crypto markets, enabling them to demonstrate greater resilience during global economic shocks compared to traditional equities. Here’s why this matters.
Bitcoin Price Predictions Skyrocket: Will BTC Hit $130K or Even $1.5M?
Top Bitcoin analysts are updating their price forecasts for 2025, with some predicting massive gains. Is a $130,000 or even a $1.5 million Bitcoin price realistic?
Bitcoin Bull Market Remains Strong Despite Profit-Taking and $100M Whale Liquidation
Analysis of recent Bitcoin price action, highlighting the impact of profit-taking and a significant whale liquidation on market sentiment and future outlook.