Bitcoin Magazine
BlackRock’s IBIT Bleeds $2 Billion in Nine Straight Days of Outflows
U.S. spot bitcoin ETFs lost $299.8 million on Wednesday, their fifth straight day of outflows, with BlackRock's IBIT accounting for $269.7 million and about 94% of November's withdrawals.
This post BlackRock’s IBIT Bleeds $2 Billion in Nine Straight Days of Outflows first appeared on Bitcoin Magazine and is written by Micah Zimmerman .
Bitcoin Magazine
Bitcoin Price Falls Below $72,000 as Nvidia CEO Jensen Huang Steps Down and Strategy (MSTR) Slides
Bitcoin price fell below $72,000 on Thursday, its lowest level since mid-August, after Nvidia said CEO Jensen Huang had resigned and Strategy shares slid on MSCI's confirmed index exit.
This post Bitcoin Price Falls Below $72,000 as Nvidia CEO Jensen Huang Steps Down and Strategy (MSTR) Slides first appeared on Bitcoin Magazine and is written by Micah Zimmerman .
The November 30 close creates a financing test after MSTR proceeds funded larger preferred repurchases than Bitcoin purchases during November 2–8.
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Refinery constraints could limit disinflation and delay monetary easing, even though diesel is still forecast to fall next year.
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Bitcoin (BTC) price is down by 8.66% in the last seven days leading to today, November 12. The drop comes amid heightened outflows from BTC ETFs as institutional demand towards the king coin fizzles out. Bloomberg ETF analyst Eric Balchunas now likens the current poor performance of these ETFs to what happened in the early
The post Bitcoin Price Prediction as Bloomberg Analyst Likens BTC ETF Slump to Gold’s Decade-Long Winter appeared first on CoinGape .
The thirty-year sale follows weaker ten-year participation, with Bitcoin’s risk tied to yields and financing conditions.
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Bitcoin (BTC) price has slid 8.55% over the past week, trading at $73,752, per BeInCrypto Markets. An AI stock sell-off and rising rate-hike bets hit risk assets, and crypto has yet to recover. The slide has also set off a run of bearish signals across the market. Whether they mark a bottom or the first
The post Bitcoin Bottom or Deeper Correction? The Data Points Both Ways appeared first on BeInCrypto .
Zcash (ZEC) has dropped below $1,000, its lowest level since early September. BeInCrypto Markets data shows ZEC at $982.12, down 25.22% over the past seven days. The slide came alongside Zcash ETF outflows, even as Grayscale research points to a growing developer base. Zcash ETF Outflows Gather Pace in November US spot Zcash ETFs lost
The post Why Is Zcash (ZEC) Price Falling? The Answer Isn’t the Broader Market appeared first on BeInCrypto .