According to data source SoSoValue, investors pulled $3.45 billion over 11 trading sessions as bitcoin plummeted under $70,000 from US spot bitcoin ETFs. This shift occurs at the same time when other indicators of institutional demand are showing signs of weakness. After Monday’s admission of a minor BTC sale by Strategy (MSTR), the crypto markets continued
A mystery trader sold 29.2 million shares of BlackRock’s IBIT on Tuesday using dark pool. The net outflow of $333.6 million occurred on the same trading day as the huge IBIT deal, continuing a streak of 11 trading days for US-listed Bitcoin ETFs. Financial services firm NYDIG’s head of research, Greg Cipolaro, speculates that last week’s
Consistent monthly increase since February indicates a change from accumulation to modest distribution, similar to the bad market of 2022. The annual growth rate of balances for whale accounts containing 1,000 to 10,000 Bitcoin (BTC) has slowed to a negative trend, marking the fastest shrinkage this year. On Thursday, Bitcoin (BTC) made its first move
The US Congress has formally reintroduced efforts to establish a national Strategic Bitcoin Reserve through a new bill known as the American Reserve Modernization Act of 2026 (ARMA). The bipartisan legislation, led by Representatives Nick Begich and Jared Golden, aims to codify and expand President Donald Trump’s earlier executive order on government-held Bitcoin reserves. The
Key Facts US natural gas at Henry Hub has remained near $3.00/MMBtu despite the Persian Gulf crisis pushing Brent and WTI crude sharply higher, according to broker Elev8. Elev8 cites a late-April low around $2.50/MMBtu; the EIA’s April spot average was $2.77/MMBtu, with a forecast 2Q26 average of $2.83/MMBtu. Elev8 attributes the divergence to six
The US Congress has formally reintroduced efforts to establish a national Strategic Bitcoin Reserve through a new bill known as the American Reserve Modernization Act of 2026 (ARMA). The bipartisan legislation, led by Representatives Nick Begich and Jared Golden, aims to codify and expand President Donald Trump’s earlier executive order on government-held Bitcoin reserves. The
Key Facts US natural gas at Henry Hub has remained near $3.00/MMBtu despite the Persian Gulf crisis pushing Brent and WTI crude sharply higher, according to broker Elev8. Elev8 cites a late-April low around $2.50/MMBtu; the EIA’s April spot average was $2.77/MMBtu, with a forecast 2Q26 average of $2.83/MMBtu. Elev8 attributes the divergence to six
Bitcoin cryptocurrency can be expected to rise to the next round resistance level 80000.00 (former support from the start of May). Bitcoin reversed from the pivotal support level 74800.00 Likely to rise to resistance level 80000.00 Bitcoin cryptocurrency recently reversed up from the support zone lying between the pivotal support level 74800.00 (former strong resistance
Bitcoin cryptocurrency can be expected to rise to the next round resistance level 80000.00 (former support from the start of May). Bitcoin reversed from the pivotal support level 74800.00 Likely to rise to resistance level 80000.00 Bitcoin cryptocurrency recently reversed up from the support zone lying between the pivotal support level 74800.00 (former strong resistance
Markets rally on optimism for a US-Iran ceasefire, signaling a potential reopening of the Strait of Hormuz and easing inflation. Optimism Over Potential US-Iran De-escalation The financial landscape is currently being defined by a palpable sense of relief as markets react to news of a potential 60-day ceasefire between the United States and Iran. This