Despite recent market turbulence, 21Shares President Duncan Moir says crypto assets, including Bitcoin and Dogecoin, continue to offer valuable long-term diversification and are gaining momentum as legitimate components of investor portfolios. Speaking on CNBC Monday morning, Moir addressed both the macro backdrop affecting Bitcoin (BTC) and the firm’s launch of a Dogecoin (DOGE) exchange-traded product…
Bitcoin’s DeFi ecosystem may finally be ready to take on the big players, as a new project leverages Bitcoin’s inherent security. Bitcoin’s DeFi ecosystem has gained a new player, Babylon, that could shape its future. In a recent report, Nansen called the project potentially one of the most undervalued plays on Bitcoin’s DeFi ecosystem. Critically,…
Digital asset investment products saw outflows totaling $795 million last week, bringing the year-to-date figure down to just $165 million, according to a new report by CoinShares. This recent surge in outflows has nearly wiped out all remaining gains for 2025. Last week, digital asset investment products experienced the third consecutive week of outflows, amounting…
Bitcoin treasury company Strategy, formerly known as MicroStrategy, has acquired another 3,459 BTC for $285.8 million between April 7 and April 13. Michael Saylor’s Strategy continues aggressively accumulating Bitcoin (BTC) despite the cryptocurrency’s lack of energy to return to the $100,000 mark. In a regulatory filing with the U.S. Securities and Exchange Commission on April…
Outflows from spot Bitcoin ETFs in the U.S. surged last week as investor sentiment took a hit from rising trade tensions driven by President Trump’s aggressive tariff plans. According to SoSoValue data, the 12 spot Bitcoin ETFs saw $713.3 million pulled out, over 300% more than the $172.7 million outflows from the week before. Every…
On-chain data from CryptoQuant suggests that Bitcoin could be on the verge of a bullish trend reversal, as a key market signal begins to shift. In an Apr. 13 post, CryptoQuant contributor Joao Wedson noted that the gap between Bitcoin’s (BTC) futures price and its spot price on Binance is starting to shrink. This gap,…
Several altcoins post impressive gains, even as Bitcoin trades sideways below $85,000. PumpBTC and Undeads Games have both surged approximately 60% in the past 24 hours. PumpBTC has climbed 60.7% in the last 24 hours and traded as high as $0.1079 from a low of $0.06017. This recent surge extends the token’s decent performance over…
Bitcoin appears ready for a technical breakout from its multi-month downtrend after pumping from its weekly low of $74,773 to below $84,000 at last check on Sunday. Source: CoinGecko Crypto analyst Rekt Capital tweeted that Bitcoin (BTC) is “mere hours away from performing the initial but crucial steps towards fully confirming a breakout beyond the…
Spot Ethereum exchange-traded funds continued shedding assets as US recession risks rose and its price crashed. SoSoValue data shows that spot Ethereum (ETH) ETFs shed assets in the last seven consecutive weeks. They had net outflows of $82.4 million last week, bringing the cumulative inflows to $2.2 billion. All ETH ETFs now have just $5.25…
Swiss francs and gold have become some of the best safe-haven assets as the stock and bond market turmoil continues. The USD/CHF exchange rate tumbled to 0.8100 on Friday, 12% below its highest point in 2024. This performance has made the Swiss franc one of the best-performing currencies this year. The Swiss franc’s performance was…
