This incident underscores the critical need for enhanced security measures and vigilance in cryptocurrency management to prevent insider theft.
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The airstrikes highlight crypto's role in conflict zones, signaling potential shifts in global financial systems and regulatory landscapes.
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Trump vowed to cement a durable U.S. crypto framework, saying his administration will protect digital asset markets from future political reversals. He also pledged that his administration would “never let crypto down,” tying bitcoin, exchanges, and digital asset innovation to America’s financial future. Trump’s Crypto Push Widens Around Market Structure Law President Donald Trump intensified […]
Eight straight days. That is how long US spot Bitcoin ETFs have been bleeding money, with more than $2 billion in net outflows recorded since May 14 — and Tuesday’s session added another ugly chapter to that streak. Related Reading: HYPE Price Breakout Ignites Rally Talk Toward $170 Target A Sell Order Like No Other A single trader sold over 29 million shares of BlackRock’s iShares Bitcoin Trust ETF on Tuesday through a dark pool, a private trading platform used by institutions to quietly execute large orders away from public markets. The transaction, valued at $1.3 billion, was executed at $43.16 per share at 2:30 pm UTC. Alex Thorn, head of firmwide research at Galaxy Digital, said it was the biggest dark pool trade in the fund he had ever seen. Bloomberg ETF analyst Eric Balchunas added more weight to that claim, pointing out that the sell order was more than 22 times larger than the second-biggest IBIT sell order recorded on the same day. The identity of the trader has not been dis
The Bitcoin price drop highlights the inherent volatility and market sensitivity to external factors, impacting investor confidence and market stability.
The post Bitcoin crashes below $75,000, $150M in long positions liquidated appeared first on Crypto Briefing.
Escalating US-Iran tensions could destabilize global markets, impacting energy and crypto sectors, while increasing regulatory scrutiny on digital assets.
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The post Bitcoin Fall Was Triggered By $1.3 Billion IBIT Dark Pool Sale appeared on BitcoinEthereumNews.com.
An unknown trader’s $1.3 billion sale of shares in BlackRock’s Bitcoin exchange-traded fund on Tuesday coincided with a steep fall in the price of Bitcoin, according to analysts. A trader sold 29.2 million shares of BlackRock’s iShares Bitcoin Trust ETF (IBIT) at 2:30 p.m. UTC on a “dark pool,” a private trading platform that institutions often use to discreetly make large trades outside of public markets. The impact of the $1.3 billion trade was immediately felt in the crypto market, with TradingView data showing that Bitcoin (BTC) fell 1.5% from $77,875 to $76,720 in a short 10-minute window after 2:30 p.m. UTC. Bitcoin then slid further to a 24-hour bottom of $75,600 about 12 hours later, marking a 2.8% fall for the day. Bitcoin has historically been viewed as an asset that trades outside of the traditional market, but products such as US-based Bitcoin ETFs have removed barri
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Bitcoin to face major bearish scenario Bitcoin large holders make grand exit Bitcoin has continued to fail in its recent attempts to break out from its current price level and this has triggered fear among speculative traders. With Bitcoin remaining consistently in the red territory for the past days, the latest forecast from crypto prediction platform Kalshi shows that Bitcoin now has more chances of dropping below the $50,000 mark. Bitcoin to face major bearish scenario While Bitcoin has maintained its dominance in the crypto market, it bears the major weight of the bearish sentiments facing the broader market. XRP Hits $1.4B in ETF Cash Shiba Inu (SHIB) Sellers Exhausted, Dogecoin (DOGE) Zero Addition Question of Time, XRP Recovery Starts: Crypto Market Review As such, the prolonged volatility the crypto market is currently experiencing has increasingly stirred fear among Bitcoin