Bitcoin ETFs Witness Third Highest Outflow Since Launch, the Other Two Times Foreshadowed Price Bottoms
Bitcoin’s price has now corrected approximately 6% since the all-time high break on Nov. 13.
Bitcoin’s price has now corrected approximately 6% since the all-time high break on Nov. 13.
The latest price moves in crypto markets in context for Nov. 15, 2024.
The most recent batch of 13F reports filed by institutional investors was uneventful alongside bitcoin’s price action during the third quarter.
Strong net flows into bitcoin exchange-traded funds indicate robust institutional demand as BTC dominance rises at the expense of ether, one trader noted.
Ellipsis is best known as the builder of Phoenix, the popular orderbook-style exchange on Solana.
The revised plan to sell only $30 million of WLFI tokens — instead of the originally planned $300 million — suggests Trump may not quickly see a big payday from World Liberty Financial.
Token unlocking events usually weigh on prices, but multi-month reaccumulation, crowded shorts and bullish crypto prices could lead to a surprise rally, analyst said.
Crypto prime broker FalconX couldn’t figure out who the SOL tokens belonged to until crypto exchange Binance came asking for them.
Still not switching over to mark-to-market, the company booked an impairment charge of $180.1 million in the second quarter.
The miner said its adjusted EBITDA swung to loss, compared to previous year’s profit.
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