Bitcoin ETF Outflows Hit $630M: Is BTC USD Going to $60K?

Shares in Bitcoin treasury firm Nakamoto hit a new all-time low Thursday after it posted a $239 million loss and sold more BTC in Q1.

The post Bitcoin keeps rallying mid-month – Is Saylor using Strategy’s STRC funding loop to pump BTC? appeared on BitcoinEthereumNews.com. Make CryptoSlate preferred on Bitcoin has been seeing recurring mid-month strength this year, and it is becoming harder to separate it from Strategy’s (formerly MicroStrategy) expanding preferred-stock machine. The funding channel is helping the company continue to buy the flagship digital asset while adding a growing layer of cost to its balance sheet. Research firm K33 has tied the pattern to Strategy’s perpetual preferred stock, STRC, which has become a key source of liquidity for the world’s largest corporate Bitcoin holder. The instrument pays dividends at month-end, but investors must own the shares by the 15th to qualify for the payout. That deadline has turned the middle of each month into a predictable window of demand. Investors buy STRC ahead of the cutoff, driving up its trading volume, and the stock moves back toward its $100 par value.

The post Bitfufu Produces 145 BTC In April, Lifts Holdings To 1,812 Bitcoin appeared on BitcoinEthereumNews.com. Bitfufu Produces 145 BTC In April, Lifts Holdings To 1,812 Bitcoin Skip to content Home Crypto News Bitfufu Produces 145 BTC in April, Lifts Holdings to 1,812 Bitcoin Source: https://bitcoinworld.co.in/bitfufu-mined-145-btc-april-holdings-1812/

The post BTC USD Price Falls Below $80K as Taiwan Tensions Weigh appeared on BitcoinEthereumNews.com. The BTC USD price fell to $79,200, down 2.3% over 24 hours, after Chinese President Xi Jinping warned Donald Trump of potential “collision or even clashes” over Taiwan during their summit in Beijing, the first visit to China by a sitting U.S. president in nearly a decade. The move broke the $80,000 Bitcoin floor that had held for most of the past week and arrived on top of two consecutive upside inflation prints that have materially complicated the Federal Reserve’s path to rate cuts. The analytical question is no longer whether Bitcoin can reclaim $82,000; it is whether $78,000 holds if the summit’s second day delivers another geopolitical jolt. Spot Bitcoin ETFs saw $630M in net outflows on Wednesday alone, the largest single-day withdrawal since late January, bringing the five-session total to approximately $1.26Bn. That scale of institutional redemption, running concurrently with a

The post Bitcoin analysis: BTC’s recent rally past $80,000 lacked Coinbase premium appeared on BitcoinEthereumNews.com. Bitcoin’s BTC$79,550.57 recent rise above $80,000 was led by leveraged trades and lacked strong participation from the U.S.-based investor pool, which typically plays a key role in sustaining bullish trends. Their underperformance of U.S. spot buyers relative to their global peers is evident in the Coinbase Premium, which measures the price gap between bitcoin on Coinbase and on offshore exchanges, has stayed negative since late April, per CryptoQuant data. A positive premium typically signals U.S. institutional demand outpacing the rest of the world’s spot buying, since Coinbase is the primary on-ramp for American capital. A negative premium means the opposite: offshore traders are paying more for bitcoin than U.S. investors are willing to pay, driving prices higher. That divergence has now held through a 5% rally. Bitcoin BTC$79,550.57 traded above $82,000 on Tuesda

Bitcoin ETFs saw $635 million in outflows on Wednesday, the largest since late January, as BlackRock’s IBIT led redemptions amid profit-taking and BTC swings near $80,000.

Strategy's STRC stock has fueled mid-month Bitcoin rallies since March, but May demand is plateauing as ETFs posted $630 million outflows.

The post BlackRock’s Bold BTC Moves Spark Widespread Curiosity appeared on BitcoinEthereumNews.com. This week, BlackRock, a preeminent player in global asset management, has captured significant attention due to its recent activities involving Bitcoin. With Bitcoin’s market price stabilizing at around $80,000, the firm continued to sell its Bitcoin holdings, a move closely watched by market participants. Continue Reading:BlackRock’s Bold BTC Moves Spark Widespread Curiosity Source: https://en.bitcoinhaber.net/blackrocks-bold-btc-moves-spark-widespread-curiosity