Bitcoin News: $1Bn ETF Exodus and What it Means for BTC USD
Bitcoin ETF Outflows: What They Really Mean for You The post Bitcoin News: $1Bn ETF Exodus and What it Means for BTC USD appeared first on 99Bitcoins.
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Bitcoin (BTC) has slid sharply over the past week, retracing nearly 7% and wiping out the upside that built after last week’s Senate Banking Committee markup of the CLARITY Act. That legislative momentum helped push BTC above the $82,000 area, but the coin is now changing hands around $76,700. The Bitcoin Pullback Glassnode’s latest read on the situation points to a clear deterioration in short-term market behavior. The firm says the Bitcoin selling pressure has intensified, with Spot CVD falling by 848.7%. At the same time, spot volume is up about 4.2%, suggesting that more coins are moving through the market. Glassnode interprets this as rising activity that may not necessarily reflect a bullish mindset, but rather traders responding more aggressively to price volatility and hedging or repositioning. Related Reading: Goldman Sachs Rebalances Crypto Exposure: XRP, SOL Out, ETH Down 70%, Hyperliquid In Futures Open Interest also dropped 2.9%, which usually signals that traders are no
Read full articleBitcoin ETF Outflows: What They Really Mean for You The post Bitcoin News: $1Bn ETF Exodus and What it Means for BTC USD appeared first on 99Bitcoins.
Fewer than 27,000 BTC now separates Strategy and Blackrock in what has become an unprecedented contest to be the first institution to hold 1 million bitcoin. Two Giants, One Finish Line For much of late 2024 and early 2025, Blackrock’s iShares Bitcoin Trust was regarded as the fastest-growing exchange-traded fund (ETF) in U.S. market history. […]
On May 19, bitcoin rebounded from a low of $76,000 to trade above $77,000 ($77,200 by 3:50 AM EST). However, Bitfinex analysts warn that the drop below $78,000 exposes deep market fragilities. Geopolitical Relief Bitcoin climbed back above $77,000 on the morning of May 19, rebounding from a late‑Monday dip to $76,000. The recovery remained […]
An analyst has pointed out how the latest retrace in Solana has come after rejection from the resistance level of a Parallel Channel. Solana Failed Parallel Channel Resistance Retest In a new post on X, analyst Ali Martinez has talked about a technical analysis (TA) pattern forming in the daily price chart of Solana. The pattern in question is a “Parallel Channel,” which forms whenever an asset trades between two parallel trendlines. Related Reading: Bitcoin Recovery Above Key Cost Basis Level Fails As BTC Falls Under $77,000 Like other consolidation patterns in TA, the upper level of the channel acts as a resistance barrier for the price and the lower one can provide support. A break out of either of these levels can signal a continuation of trend in that direction. That is, a surge above the pattern can be a bullish signal, while a fall under it a bearish one. Parallel Channels can be of a few different types depending on how the trendlines are oriented with respect to the graph axes
Hyperliquid price rose 24% in six days as HYPE neared its ATH, helped by the CLARITY Act, USDC growth, Bitwise and SPCX.
Bitcoin treasury company Strategy has announced its second-largest acquisition of 2026, costing the firm more than $2 billion. Strategy Has Added 24,869 Bitcoin To Its Holdings In a new post on X, Strategy co-founder and chairman Michael Saylor has shared the details related to the latest purchase completed by the treasury company. In total, the […]
French bitcoin treasury firm Capital B has acquired 192 BTC after completing a series of capital raises totaling roughly $20 million (€17 million). The company now holds more than 3,100 bitcoin as it deepens its treasury-focused strategy. Adam Back Joins Capital B Funding Round as Company Accelerates BTC Strategy Capital B, the French company formerly […]
Swan Bitcoin faces $970M Prime Trust lawsuit over 11,994 BTC, cash, stablecoins and XRP allegedly moved before bankruptcy in 2023 in courts.