Bitcoin and Ether ETFs Lose $152M as Blackrock Drives Friday Selloff – Bitcoin News
Key Takeaways Bitcoin and ether exchange-traded funds (ETFs) lost $152.07M on Friday, capping weeks of roughly $228.6M and $320M in outflows. Solana hit ten straight outflow days, while NEAR again attracted fresh capital amid broader selling. Attention now turns to…
Can BTC recover after the Fed decision?
Bitcoin enters the final weeks of October near $82,000 after a brief fall below $80,000. The October 28 Federal Reserve decision, uneven demand for U.S. spot funds and November inflation data will help determine whether the recovery survives. A forecast…
Arthur Hayes Says OpenAI and Anthropic Are Worthless and Bitcoin Wins
Key Takeaways Arthur Hayes told Convergence host Luke Martin on Oct. 16 that AI model companies are “worthless.” The Nasdaq 100 fell 2.5% on Oct. 16 as chip stocks posted their longest losing streak since 2008. Hayes expects a bailout…
Can whale buying fuel a rebound?
Dogecoin price has fallen roughly 7.6% on the weekly chart to around $0.0802, slipping below an analyst’s $0.081 support level despite reported whale purchases of 600 million DOGE. Summary DOGE traded below the $0.081 level identified by crypto analyst Ali…
Bitcoin’s Road to $125K Could Include a Brutal Drop to $68K: Analyst
BTC’s first battle stands at $84,000 but the bears have the upper hand now. Although bitcoin rebounded from the dip below $80,000 and now sits two grand higher, the risk of another deep correction has not been completely eliminated….
Bloomberg Sees Bitcoin Price at $10K and Cryptoquant’s CEO Doesn’t Agree
Key Takeaways Bloomberg’s Mike McGlone said recently that bitcoin could revert to $10,000 if U.S. stocks drop 20%. Cryptoquant’s Ki Young Ju countered that $58B in ETF inflows and 1.3M treasury BTC imply a $30K floor. The next test is…
Vitalik Buterin contrasts Bitcoin’s power costs with AI’s 76% capital share
Ethereum co-founder Vitalik Buterin has compared Bitcoin mining with AI inference, sharing cost estimates that put electricity at 45.9% of mining expenses and computing capital expenditure at approximately 76% of inference costs. Summary Electricity represents 45.9% of Bitcoin mining costs…
These Alts Bleed the Most as Bitcoin (BTC) Settles Below $82K: Weekend Watch
In contrast, BTW, TIA, and LIT are among the few gainers today. Bitcoin continued to be volatile at the end of the business week, dipping below $80,000 for the first time in a month, before rebounding by roughly $2,000….
NFT sales rise 24.57% to $47.14m as Bitcoin volume doubles
NFT sales have climbed 24.57% to $47.14 million over the past seven days, with Ethereum retaining first place among blockchains and a $2.97 million Bitcoin transaction leading individual sales. Summary $47.14 million in weekly NFT sales represented a 24.57% gain…
Strategy Sinks Nearly 10% on MSCI News But Saylor Is Still $5B Up
Key Takeaways Strategy (MSTR) closed at $136.83 on Oct. 16, down 9.56% after MSCI’s non-operating company ruling. Strategy’s 848,250 BTC, bought at a $75,444 average, show about a $5.08B paper gain at $81,434. MSCI publishes its final deletion list on…
