💰 Bitcoin Struggles to Break $80,000 Resistance
Bitcoin failed to clear the $80,000 mark on Sept. 11, reaching an intraday high of $79,890 before pulling back. While the S&P 500 and other stock indices climbed 1%, BTC remained stuck below a critical resistance zone identified between $80,000 and $82,000.
Macro pressure remains high as 10-year Treasury yields touched 4.99%, their highest in nearly three years. Investors are closely watching the Federal Reserve meeting on Sept. 15-16, with markets pricing in an 85% chance of a quarter-point rate hike following a 0.3% rise in core CPI.
Trading firm QCP notes heavy options activity, with concentrated interest in $80,000 calls and $75,000 puts. Key support levels are currently sitting between $76,300 and $76,500. A sustained move above $82,000 is needed to confirm a recovery.
#Bitcoin #CryptoNews #Fed #MarketAnalysis
Bitcoin failed to clear the $80,000 mark on Sept. 11, reaching an intraday high of $79,890 before pulling back. While the S&P 500 and other stock indices climbed 1%, BTC remained stuck below a critical resistance zone identified between $80,000 and $82,000.
Macro pressure remains high as 10-year Treasury yields touched 4.99%, their highest in nearly three years. Investors are closely watching the Federal Reserve meeting on Sept. 15-16, with markets pricing in an 85% chance of a quarter-point rate hike following a 0.3% rise in core CPI.
Trading firm QCP notes heavy options activity, with concentrated interest in $80,000 calls and $75,000 puts. Key support levels are currently sitting between $76,300 and $76,500. A sustained move above $82,000 is needed to confirm a recovery.
#Bitcoin #CryptoNews #Fed #MarketAnalysis
🚨 Revolut Customer Data Exposed in Fake Government Email Scam
Revolut has confirmed a data breach where sensitive customer information, including passports, verification selfies, and full transaction histories, was leaked to a fraudster. The incident occurred after the company received a fraudulent request that appeared to be from a legitimate government agency.
The attacker utilized a government agency email domain that successfully passed Revolut’s internal authentication checks. The company only realized the request was non-authentic after the data had been shared. Impacted individuals were notified on Friday.
Crypto investigator ZachXBT reported that the breach appears limited in size and specifically targeted at high-net-worth users. Revolut stated that its core systems and customer funds remain unaffected and secure.
#Revolut #Security #DataBreach #KYC
Revolut has confirmed a data breach where sensitive customer information, including passports, verification selfies, and full transaction histories, was leaked to a fraudster. The incident occurred after the company received a fraudulent request that appeared to be from a legitimate government agency.
The attacker utilized a government agency email domain that successfully passed Revolut’s internal authentication checks. The company only realized the request was non-authentic after the data had been shared. Impacted individuals were notified on Friday.
Crypto investigator ZachXBT reported that the breach appears limited in size and specifically targeted at high-net-worth users. Revolut stated that its core systems and customer funds remain unaffected and secure.
#Revolut #Security #DataBreach #KYC
🚨 Symbiosis Bitcoin Bridge Exploited: Trillions in Fake syBTC Minted
Cross-chain protocol Symbiosis has paused its native Bitcoin Bridge following a major exploit on September 11. An attacker exploited a vulnerability in the BridgeV2 system to mint 2^62 units of syBTC, a synthetic version of Bitcoin, on the BNB Chain.
Security firm Blockaid reports the attacker has already converted some assets, realizing approximately $336,000 in WBTC on Ethereum. Symbiosis confirmed it has recovered 15 BTC so far, which is currently secured in a team-controlled multisig wallet.
While the native bridge remains offline, Bitcoin swaps via partners Chainflip and THORChain are operational. Other routes on EVM chains, TRON, and TON were not affected by the breach.
#Symbiosis #BitcoinBridge #CryptoHack #DeFi
Cross-chain protocol Symbiosis has paused its native Bitcoin Bridge following a major exploit on September 11. An attacker exploited a vulnerability in the BridgeV2 system to mint 2^62 units of syBTC, a synthetic version of Bitcoin, on the BNB Chain.
Security firm Blockaid reports the attacker has already converted some assets, realizing approximately $336,000 in WBTC on Ethereum. Symbiosis confirmed it has recovered 15 BTC so far, which is currently secured in a team-controlled multisig wallet.
While the native bridge remains offline, Bitcoin swaps via partners Chainflip and THORChain are operational. Other routes on EVM chains, TRON, and TON were not affected by the breach.
#Symbiosis #BitcoinBridge #CryptoHack #DeFi
💰 Bitcoin ETFs see $463M outflows as Ether ETFs gain $197M
US spot Bitcoin ETFs recorded $462.7 million in net outflows last week, breaking a three-week streak of positive growth. The selling intensified between Tuesday and Friday, with Thursday marking the heaviest hit as $282.7 million exited the funds—the largest single-day withdrawal since July.
ARK 21Shares (ARKB) led the weekly losses with $234.2 million in outflows, followed by Grayscale (GBTC) at $129.1 million. Even BlackRock’s IBIT and Fidelity’s FBTC saw rare exits of $52.5 million and $50.7 million respectively. Despite the weekly reversal, total Bitcoin ETF flows for September remain positive at $307.3 million.
#Bitcoin #Ethereum #ETF #CryptoNews
US spot Bitcoin ETFs recorded $462.7 million in net outflows last week, breaking a three-week streak of positive growth. The selling intensified between Tuesday and Friday, with Thursday marking the heaviest hit as $282.7 million exited the funds—the largest single-day withdrawal since July.
ARK 21Shares (ARKB) led the weekly losses with $234.2 million in outflows, followed by Grayscale (GBTC) at $129.1 million. Even BlackRock’s IBIT and Fidelity’s FBTC saw rare exits of $52.5 million and $50.7 million respectively. Despite the weekly reversal, total Bitcoin ETF flows for September remain positive at $307.3 million.
#Bitcoin #Ethereum #ETF #CryptoNews
🛡️ Aave V4 Proposal: DAO to Absorb Lending Losses First
TokenLogic has introduced the "Umbrella" proposal for Aave V4 on Ethereum, designed to protect lenders from bad debt. Under this plan, the Aave DAO would be the first layer of defense, absorbing initial losses before any other funds are touched.
The proposal specifically covers WETH, USDC, and USDT within the Core liquidity Hub. The DAO is set to provide "deficit offsets" of 33 ETH, 15,000 USDC, and 15,000 USDT to cover immediate gaps if a liquidation fails to clear a borrower's debt.
Volunteer underwriters can also participate to reach targets of 800 ETH and 400,000 for each stablecoin. These participants earn extra rewards but face a 20-day cooldown period and a narrow 2-day window to withdraw their capital. Assets remain at risk of slashing during the cooldown.
#Aave #DeFi #Ethereum #CryptoNews
TokenLogic has introduced the "Umbrella" proposal for Aave V4 on Ethereum, designed to protect lenders from bad debt. Under this plan, the Aave DAO would be the first layer of defense, absorbing initial losses before any other funds are touched.
The proposal specifically covers WETH, USDC, and USDT within the Core liquidity Hub. The DAO is set to provide "deficit offsets" of 33 ETH, 15,000 USDC, and 15,000 USDT to cover immediate gaps if a liquidation fails to clear a borrower's debt.
Volunteer underwriters can also participate to reach targets of 800 ETH and 400,000 for each stablecoin. These participants earn extra rewards but face a 20-day cooldown period and a narrow 2-day window to withdraw their capital. Assets remain at risk of slashing during the cooldown.
#Aave #DeFi #Ethereum #CryptoNews
🚨 New OCC Rules Could Mandate 7-Day Wait for Stablecoin Redemptions
The Office of the Comptroller of the Currency (OCC) has proposed a new framework for stablecoin redemptions to ensure market stability. Under section 15.12, the standard deadline for an issuer to convert tokens into bank dollars would be 2 business days.
However, if redemption requests exceed 10% of the total outstanding supply within a 24-hour period, the deadline automatically extends to 7 calendar days. This rule aims to allow issuers like Circle to sell reserves in an orderly way without causing massive price crashes during high-demand or "bank run" scenarios.
While this affects direct redemptions from the issuer, secondary market trading on exchanges can continue. However, liquidity providers might pass these delays or higher fees to users if their own capital is committed while waiting for the issuer to pay out.
#Stablecoins #Regulation #OCC #USDC
The Office of the Comptroller of the Currency (OCC) has proposed a new framework for stablecoin redemptions to ensure market stability. Under section 15.12, the standard deadline for an issuer to convert tokens into bank dollars would be 2 business days.
However, if redemption requests exceed 10% of the total outstanding supply within a 24-hour period, the deadline automatically extends to 7 calendar days. This rule aims to allow issuers like Circle to sell reserves in an orderly way without causing massive price crashes during high-demand or "bank run" scenarios.
While this affects direct redemptions from the issuer, secondary market trading on exchanges can continue. However, liquidity providers might pass these delays or higher fees to users if their own capital is committed while waiting for the issuer to pay out.
#Stablecoins #Regulation #OCC #USDC
🚨 aelf Blockchain Restores Services After 7-Day Outage
The aelf network has resumed block production and public node access following a week-long shutdown caused by malicious smart-contract activity. Investigators identified 155 suspicious transactions across the AELF MainChain and tDVV dAppChain.
A significant consequence of the halt is the total loss of staking rewards for the seven-day period. Since the blockchain was not producing blocks, no network rewards were generated. Users will not be able to claim any earnings from that period through the TMRW DAO interface.
Exchange services are gradually returning. Bithumb resumed ELF deposits on Sept. 14, while MEXC has required users to generate new deposit addresses because previous ones are now invalid. INDODAX status remains unconfirmed.
#aelf #ELF #Blockchain #Staking
The aelf network has resumed block production and public node access following a week-long shutdown caused by malicious smart-contract activity. Investigators identified 155 suspicious transactions across the AELF MainChain and tDVV dAppChain.
A significant consequence of the halt is the total loss of staking rewards for the seven-day period. Since the blockchain was not producing blocks, no network rewards were generated. Users will not be able to claim any earnings from that period through the TMRW DAO interface.
Exchange services are gradually returning. Bithumb resumed ELF deposits on Sept. 14, while MEXC has required users to generate new deposit addresses because previous ones are now invalid. INDODAX status remains unconfirmed.
#aelf #ELF #Blockchain #Staking
🔴 US Senate Rejects CLARITY Act as Bitcoin Drops Below $76,000
The US Senate failed to advance the Digital Asset Market Clarity Act on September 15, stalling a major effort to create a federal framework for the crypto industry. The cloture vote ended 49-50, falling short of the 60 votes required to proceed to debate.
Following the news, Bitcoin (BTC) dropped to an intraday low of $74,967.97. The broader altcoin market cap also tumbled 3.6%, though it remained above $1.15 trillion.
Market volatility triggered massive liquidations, with CoinGlass reporting over $300 million in positions wiped out within 20 minutes of the vote. Total 24-hour liquidations reached $665 million.
#Bitcoin #CryptoRegulation #USSenate #MarketUpdate
The US Senate failed to advance the Digital Asset Market Clarity Act on September 15, stalling a major effort to create a federal framework for the crypto industry. The cloture vote ended 49-50, falling short of the 60 votes required to proceed to debate.
Following the news, Bitcoin (BTC) dropped to an intraday low of $74,967.97. The broader altcoin market cap also tumbled 3.6%, though it remained above $1.15 trillion.
Market volatility triggered massive liquidations, with CoinGlass reporting over $300 million in positions wiped out within 20 minutes of the vote. Total 24-hour liquidations reached $665 million.
#Bitcoin #CryptoRegulation #USSenate #MarketUpdate
🔴 US Senate Blocks CLARITY Act; XRP Drops 8%
The US Senate has rejected the Digital Asset Market Clarity Act (H.R. 3633) in a 49-50 vote. The failure to advance the bill removes a near-term path for a federal crypto market-structure framework, causing XRP to slide over 8% to a low of $1.27 amid broader market liquidations.
Despite the legislative setback, Ripple leadership maintains that XRP's status as a digital commodity remains settled under current SEC and CFTC interpretations. Chief Legal Officer Stuart Alderoty noted that the March regulatory framework identifying XRP among 18 digital commodities is still in effect.
#XRP #Ripple #CryptoRegulation #SEC
The US Senate has rejected the Digital Asset Market Clarity Act (H.R. 3633) in a 49-50 vote. The failure to advance the bill removes a near-term path for a federal crypto market-structure framework, causing XRP to slide over 8% to a low of $1.27 amid broader market liquidations.
Despite the legislative setback, Ripple leadership maintains that XRP's status as a digital commodity remains settled under current SEC and CFTC interpretations. Chief Legal Officer Stuart Alderoty noted that the March regulatory framework identifying XRP among 18 digital commodities is still in effect.
#XRP #Ripple #CryptoRegulation #SEC
⚡ Ripple Integrates Stripe-Backed AI Payment Standard
RippleX has released version 1.1 of its XRPL AI Starter Kit, adding support for the Machine Payments Protocol (MPP). This protocol, co-authored by Stripe and Tempo, allows AI agents to autonomously pay for computing power, data, and other online services.
The update enables software agents to use XRP and Ripple’s upcoming RLUSD stablecoin for transactions. It supports both one-time payments and ongoing payment sessions, though session-based payments for stablecoins currently require a proposed ledger upgrade.
By integrating the Open Wallet Standard, the kit lets AI agents request transactions without accessing private keys. It includes security safeguards such as spending limits and approved destinations to prevent unauthorized fund use.
#Ripple #XRP #Stripe #AI
RippleX has released version 1.1 of its XRPL AI Starter Kit, adding support for the Machine Payments Protocol (MPP). This protocol, co-authored by Stripe and Tempo, allows AI agents to autonomously pay for computing power, data, and other online services.
The update enables software agents to use XRP and Ripple’s upcoming RLUSD stablecoin for transactions. It supports both one-time payments and ongoing payment sessions, though session-based payments for stablecoins currently require a proposed ledger upgrade.
By integrating the Open Wallet Standard, the kit lets AI agents request transactions without accessing private keys. It includes security safeguards such as spending limits and approved destinations to prevent unauthorized fund use.
#Ripple #XRP #Stripe #AI
⚖️ CFTC grants regulatory relief to crypto wallets and trading apps
The CFTC has expanded regulatory relief for passive software providers, allowing crypto wallets and apps to connect users to regulated derivatives and prediction markets without registering as introducing brokers. This move simplifies how platforms offer access to perpetual contracts and other financial products.
To qualify, providers must limit their role in transactions and cannot exercise discretion over user orders. This policy extends a previous exemption granted to Phantom wallet in March, following requests from Phantom and the Hyperliquid Policy Center for clearer rules.
#CFTC #CryptoRegulation #Wallets #Derivatives
The CFTC has expanded regulatory relief for passive software providers, allowing crypto wallets and apps to connect users to regulated derivatives and prediction markets without registering as introducing brokers. This move simplifies how platforms offer access to perpetual contracts and other financial products.
To qualify, providers must limit their role in transactions and cannot exercise discretion over user orders. This policy extends a previous exemption granted to Phantom wallet in March, following requests from Phantom and the Hyperliquid Policy Center for clearer rules.
#CFTC #CryptoRegulation #Wallets #Derivatives
⚡ S&P Global Acquires Smart Contract Security Firm OpenZeppelin
Financial giant S&P Global has agreed to acquire OpenZeppelin, a leading provider of smart contract security and open-source blockchain tools. The deal will integrate the crypto security firm into the S&P Global Ratings division, marking a major move by Wall Street into Web3 infrastructure.
OpenZeppelin is a cornerstone of the crypto ecosystem, with its software facilitating over $37 trillion in value transfers since 2015. The acquisition aims to combine S&P's institutional risk expertise with OpenZeppelin's technical knowledge of smart contracts and decentralized finance.
#SPGlobal #OpenZeppelin #Web3 #CryptoSecurity
Financial giant S&P Global has agreed to acquire OpenZeppelin, a leading provider of smart contract security and open-source blockchain tools. The deal will integrate the crypto security firm into the S&P Global Ratings division, marking a major move by Wall Street into Web3 infrastructure.
OpenZeppelin is a cornerstone of the crypto ecosystem, with its software facilitating over $37 trillion in value transfers since 2015. The acquisition aims to combine S&P's institutional risk expertise with OpenZeppelin's technical knowledge of smart contracts and decentralized finance.
#SPGlobal #OpenZeppelin #Web3 #CryptoSecurity
🚨 ECB President Blocked Binance’s EU Entry
European Central Bank President Christine Lagarde personally intervened to stop Binance from gaining a foothold in the European Union, according to a Wall Street Journal report. The central bank chief reportedly waded in just as the exchange was on the cusp of operating in the trading bloc.
Officials cited in the report claim Lagarde wanted to keep the exchange out due to its history of financial-crime violations in the US. She was also concerned that Binance would promote the dominance of dollar-based stablecoins in Europe instead of the proposed Digital Euro.
Binance recently withdrew its MiCA license application in Greece. This follows the company and its former CEO, Changpeng Zhao, pleading guilty to anti-money-laundering violations and paying a $4.3 billion fine last year.
#Binance #ECB #MiCA #CryptoRegulation
European Central Bank President Christine Lagarde personally intervened to stop Binance from gaining a foothold in the European Union, according to a Wall Street Journal report. The central bank chief reportedly waded in just as the exchange was on the cusp of operating in the trading bloc.
Officials cited in the report claim Lagarde wanted to keep the exchange out due to its history of financial-crime violations in the US. She was also concerned that Binance would promote the dominance of dollar-based stablecoins in Europe instead of the proposed Digital Euro.
Binance recently withdrew its MiCA license application in Greece. This follows the company and its former CEO, Changpeng Zhao, pleading guilty to anti-money-laundering violations and paying a $4.3 billion fine last year.
#Binance #ECB #MiCA #CryptoRegulation
🚨 Former Hong Kong Banker Jailed Over $1.6B Fraud and Crypto Bribes
Lam Chun-yin, a 32-year-old former manager at China Construction Bank (Asia), has been sentenced to four years in prison. He pleaded guilty to falsely authenticating letters of credit totaling over $1.6 billion.
Investigations revealed that Lam accepted bribes worth $470,000 paid in cryptocurrency to facilitate the massive fraud. The court has ordered him to pay back the full amount as restitution.
Judge Ernest Lin Kam-hung stated that deterrent sentences are necessary as such crimes undermine Hong Kong's standing as a global financial hub. The ICAC has already obtained arrest warrants for other individuals involved in the case.
#HongKong #CryptoCrime #Banking #Regulation
Lam Chun-yin, a 32-year-old former manager at China Construction Bank (Asia), has been sentenced to four years in prison. He pleaded guilty to falsely authenticating letters of credit totaling over $1.6 billion.
Investigations revealed that Lam accepted bribes worth $470,000 paid in cryptocurrency to facilitate the massive fraud. The court has ordered him to pay back the full amount as restitution.
Judge Ernest Lin Kam-hung stated that deterrent sentences are necessary as such crimes undermine Hong Kong's standing as a global financial hub. The ICAC has already obtained arrest warrants for other individuals involved in the case.
#HongKong #CryptoCrime #Banking #Regulation
💰 Fidelity Leads $433M Friday Inflow Into Bitcoin ETFs
U.S. spot Bitcoin ETFs recorded $433 million in net inflows on Friday, September 18. Fidelity’s FBTC dominated the session with $310.7 million, nearly triple the $108.4 million added by BlackRock’s IBIT.
The surge helped recover from a massive $746.3 million outflow recorded earlier in the week. Those withdrawals occurred around the Federal Reserve's decision to raise interest rates by 25 basis points to a 3.75%-4.00% range.
Despite the strong Friday finish, the week ended with a razor-thin net inflow of only $6.1 million. While Fidelity led the final session, BlackRock remained the weekly leader with $120.6 million in total net gains across the five sessions.
#Bitcoin #ETF #Fidelity #BlackRock
U.S. spot Bitcoin ETFs recorded $433 million in net inflows on Friday, September 18. Fidelity’s FBTC dominated the session with $310.7 million, nearly triple the $108.4 million added by BlackRock’s IBIT.
The surge helped recover from a massive $746.3 million outflow recorded earlier in the week. Those withdrawals occurred around the Federal Reserve's decision to raise interest rates by 25 basis points to a 3.75%-4.00% range.
Despite the strong Friday finish, the week ended with a razor-thin net inflow of only $6.1 million. While Fidelity led the final session, BlackRock remained the weekly leader with $120.6 million in total net gains across the five sessions.
#Bitcoin #ETF #Fidelity #BlackRock
⚡ X and Kraken Partner for Crypto Trading via Cashtags
Social media giant X has expanded its Cashtag feature by partnering with the Kraken exchange. Starting Sept. 16, US users searching for tickers like $BTC or $ETH can access direct trading links within their social feed.
When a user taps a Cashtag, X displays a real-time price chart and a direct link to Kraken. This allows users to jump straight to the Kraken app or website to sign in and complete a purchase without needing to leave the platform to find an exchange manually.
X is not becoming an exchange itself; the partnership aims to shorten the distance between discovering an asset and buying it. eToro launched a similar integration in 2023, which saw 420 million searches in its first three months, proving high user interest in social-linked trading.
#X #Kraken #CryptoTrading #Bitcoin
Social media giant X has expanded its Cashtag feature by partnering with the Kraken exchange. Starting Sept. 16, US users searching for tickers like $BTC or $ETH can access direct trading links within their social feed.
When a user taps a Cashtag, X displays a real-time price chart and a direct link to Kraken. This allows users to jump straight to the Kraken app or website to sign in and complete a purchase without needing to leave the platform to find an exchange manually.
X is not becoming an exchange itself; the partnership aims to shorten the distance between discovering an asset and buying it. eToro launched a similar integration in 2023, which saw 420 million searches in its first three months, proving high user interest in social-linked trading.
#X #Kraken #CryptoTrading #Bitcoin
🚨 Liquid Network Exploit: 4,000 BTC Stolen Without Private Key Breach
The Liquid network suffered a major security incident on Sept. 6, resulting in the loss of nearly 4,000 BTC. In a rare type of attack, the network's private keys were not compromised. Instead, attackers exploited a software flaw that tricked the system into approving unauthorized withdrawals.
Attackers generated L-BTC (Liquid Bitcoin) without providing the required BTC backing. They then exchanged these unbacked tokens for real Bitcoin from the shared reserve. The automated withdrawal software trusted the incorrect account balances and authorized the transfer using valid keys.
This event highlights that private key security is not a total guarantee of safety. If smart contracts or underlying network software contain vulnerabilities, assets can be drained even when keys remain secure.
#Bitcoin #LiquidNetwork #CryptoSecurity #BTC
The Liquid network suffered a major security incident on Sept. 6, resulting in the loss of nearly 4,000 BTC. In a rare type of attack, the network's private keys were not compromised. Instead, attackers exploited a software flaw that tricked the system into approving unauthorized withdrawals.
Attackers generated L-BTC (Liquid Bitcoin) without providing the required BTC backing. They then exchanged these unbacked tokens for real Bitcoin from the shared reserve. The automated withdrawal software trusted the incorrect account balances and authorized the transfer using valid keys.
This event highlights that private key security is not a total guarantee of safety. If smart contracts or underlying network software contain vulnerabilities, assets can be drained even when keys remain secure.
#Bitcoin #LiquidNetwork #CryptoSecurity #BTC
🚨 ZetaChain to Shut Down Layer 1 and Migrate to Solana
ZetaChain tokenholders have overwhelmingly approved Governance Proposal 68 to wind down the project’s standalone Cosmos-based Layer 1 blockchain. The move will see the native ZETA token migrate to the Solana network as an SPL token through a 1:1 conversion.
The proposal passed with 99.4% support and 58% participation. The team stated that maintaining a dedicated blockchain no longer aligns with their pivot toward Anuma, a private-focused AI application. By moving to Solana, resources will be redirected to developing the Private Memory Layer for encrypted AI context.
#ZetaChain #Solana #ZETA #CryptoNews
ZetaChain tokenholders have overwhelmingly approved Governance Proposal 68 to wind down the project’s standalone Cosmos-based Layer 1 blockchain. The move will see the native ZETA token migrate to the Solana network as an SPL token through a 1:1 conversion.
The proposal passed with 99.4% support and 58% participation. The team stated that maintaining a dedicated blockchain no longer aligns with their pivot toward Anuma, a private-focused AI application. By moving to Solana, resources will be redirected to developing the Private Memory Layer for encrypted AI context.
#ZetaChain #Solana #ZETA #CryptoNews
💰 Bitcoin Hits $86,000 as Shorts Liquidated
Bitcoin surged to a fresh eight-month high of $86,000 on Monday after breaking through the $82,000 resistance level. This breakout triggered a massive $750 million liquidation of bearish short positions, forcing exchanges to execute buy orders that added further fuel to the upward move.
Market data shows traders are doubling down, with $2 billion in new leveraged exposure added since the breakout. Analysts from Nansen and Wintermute now point to $90,000 as the next major psychological target, followed by $92,000.
Institutional demand remains robust, with U..S Spot Bitcoin ETFs recording $433 million in net inflows last Friday. The average cost basis for ETF buyers is now $82,225, marking the first time in months that these institutional investors are broadly in profit.
#Bitcoin #BTC #CryptoNews #ETF
Bitcoin surged to a fresh eight-month high of $86,000 on Monday after breaking through the $82,000 resistance level. This breakout triggered a massive $750 million liquidation of bearish short positions, forcing exchanges to execute buy orders that added further fuel to the upward move.
Market data shows traders are doubling down, with $2 billion in new leveraged exposure added since the breakout. Analysts from Nansen and Wintermute now point to $90,000 as the next major psychological target, followed by $92,000.
Institutional demand remains robust, with U..S Spot Bitcoin ETFs recording $433 million in net inflows last Friday. The average cost basis for ETF buyers is now $82,225, marking the first time in months that these institutional investors are broadly in profit.
#Bitcoin #BTC #CryptoNews #ETF
💰 Spot Bitcoin ETFs See Massive $1 Billion Inflow
U.S.-listed spot Bitcoin ETFs recorded a massive net inflow of $998.95 million on Monday. This marks the 9th largest single-day inflow since these funds launched in January 2024, signaling a strong return of institutional confidence.
BlackRock’s IBIT led the surge with $381.37 million, followed by Ark’s ARKB at $289.12 million and Fidelity’s FBTC at $238.84 million. This is the largest daily inflow since October 2025, when Bitcoin reached its record high of $126,200.
The surge comes despite recent macro headwinds, including a Fed interest rate hike. Bitcoin has outperformed all major assets this quarter, rising 44% to trade around the $85,000 level.
#Bitcoin #ETF #CryptoNews #BlackRock
U.S.-listed spot Bitcoin ETFs recorded a massive net inflow of $998.95 million on Monday. This marks the 9th largest single-day inflow since these funds launched in January 2024, signaling a strong return of institutional confidence.
BlackRock’s IBIT led the surge with $381.37 million, followed by Ark’s ARKB at $289.12 million and Fidelity’s FBTC at $238.84 million. This is the largest daily inflow since October 2025, when Bitcoin reached its record high of $126,200.
The surge comes despite recent macro headwinds, including a Fed interest rate hike. Bitcoin has outperformed all major assets this quarter, rising 44% to trade around the $85,000 level.
#Bitcoin #ETF #CryptoNews #BlackRock