Browsing: btc news

Spot Bitcoin ETFs saw a notable shift in investor sentiment last week, as uncertainty surrounding Donald Trump’s trade policies and profit-taking led to a reversal in inflow trends.According to SoSoValue data, the 12 spot Bitcoin ETFs in the U.S. recorded $157.4 million in outflows over the past week from May 27-30, ending a six-week inflow streak that drew in over $9 billion into the funds.Among the funds hit hardest was ARK 21Shares’ ARKB, which saw $281.9 million pulled by investors. Fidelity

Ethena’s native token, ENA, is under pressure ahead of a scheduled token unlock that could stir short-term volatility in the market.According to data from Tokenomist, 40.63 million Ethena (ENA) tokens, or about $12.73 million, will be unlocked on June 2. The unlock has affected market sentiment even though this only accounts for 0.7% of the supply in circulation. In the past, even minor unlocks have had an impact on prices as investors prepare for possible selling pressure from newly issued toke

Japanese investment firm Metaplanet has invested more of its company funds into buying 1,088 Bitcoin, bringing its total BTC holdings even closer to 9,000 BTC.According to the company notice, Metaplanet just spent around $117.7 million to purchase more BTC (BTC) for its holdings. On June 2, the Tokyo-based investment firm bought 1,088 BTC at an average price of $108,209. With its recent purchase, the company dubbed by many as the Japanese Strategy now holds 8,888 BTC which is equal to around $85

After a year of planning, Cantor Fitzgerald activates crypto lending arm with first Bitcoin-collateralized deals. 5751 Total views Listen to article 0:00 News COINTELEGRAPH IN YOUR SOCIAL FEEDWall Street financial firm Cantor Fitzgerald has closed its first Bitcoin lending deal nearly a year after announcing its crypto lending services.According to a May 27 Bloomberg report, Cantor provided Bitcoin-backed loans to FalconX and Maple Finance. FalconX, a digital asset broker, said it secured