“The German government still has over $2.3 billion worth of bitcoin, Mt. Gox has more than $8 billion, and the US government has over $12 billion,” one trader pointed out.

By Shaurya MalwaJul 5, 2024

Bitcoin Traders Target $50K as Billions in BTC Selling Pressure Looms

Markets

Ethereum Products See Highest Outflows Since 2022 Ahead of Ether ETFs

The ETH products recorded $60 million in net outflows each week, the most since August 2022.

By Shaurya MalwaJul 2, 2024

Ethereum Products See Highest Outflows Since 2022 Ahead of Ether ETFs

Markets

Bitcoin Traders Position for ‘Bullish July’ as BTC ETFs Record $124M Inflows

Bitcoin has a median return of 9.6% in July and tends to bounce back strongly, one trading firm said.

By Shaurya MalwaJul 2, 2024

Bitcoin Traders Position for ‘Bullish July’ as BTC ETFs Record $124M Inflows

Markets

Japan’s Metaplanet Wants to Buy Another $6M Bitcoin

The firm will purchase over $6.2 million worth of bitcoin using proceeds from an upcoming bond issuance, adding to its BTC coffers.

By Shaurya MalwaJun 24, 2024

Japan’s Metaplanet Wants to Buy Another $6M Bitcoin

Markets

Bitcoin ETFs See $226M Outflows Led by Fidelity’s FBTC

BlackRock’s IBIT was the only ETF posting a net inflow on Thursday, while most of the funds recorded outflows.

By Shaurya MalwaJun 14, 2024

Bitcoin ETFs See $226M Outflows Led by Fidelity’s FBTC

Markets

Meme Sector Sees Sharp Sell-off as GameStop Losses Extend to 60%

A Solana meme parody of the actual company was down 25% in the past 24 hours, with steep losses across other meme tokens that tended to move in tandem with GameStop.

By Shaurya MalwaJun 11, 2024

Meme Sector Sees Sharp Sell-off as GameStop Losses Extend to 60%

Markets

Bitcoin Bags $2B Inflows, Ether Sees Highest Institutional Buying Since March

One trader expects ETH prices to hit $10,000 in 2024, a nearly 200% increase from current levels of $3,600.

By Shaurya MalwaJun 10, 2024

Bitcoin Bags $2B Inflows, Ether Sees Highest Institutional Buying Since March

Markets

Bitcoin Sees Profit-Taking Around $70K Amid ‘Stubbornly Bullish’ Sentiment

On-chain data shows over 50% of Bitcoin supply remains inactive, a sign of strong long-term conviction in the asset.

By Shaurya MalwaJun 4, 2024

Bitcoin Sees Profit-Taking Around $70K Amid ‘Stubbornly Bullish’ Sentiment

Markets

GameStop Stock, Meme Tokens Surge as User ‘DeepFu*kingValue’ Returns to Reddit

Keith Gill posted his GameStop options positions on the r/superstonks subreddit in early Asian hours Monday.

By Shaurya MalwaJun 3, 2024

GameStop Stock, Meme Tokens Surge as User ‘DeepFu*kingValue’ Returns to Reddit

Markets

Bitcoin Traders Warn of Pullback as U.S. Inflation Data Looms; Dogecoin Leads Majors Slide

Crypto markets are expected to remain shaky ahead of Friday’s U.S. inflation report, one trading desk said.

By Shaurya MalwaMay 30, 2024

Bitcoin Traders Warn of Pullback as U.S. Inflation Data Looms; Dogecoin Leads Majors Slide

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