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231 million USD flows into IBIT after the "second worst" price drop of the ETF fund
BlackRock's Bitcoin spot ETF saw an inflow of $231.6 million after a week of volatility, despite prior outflows totaling $548.7 million. Investor sentiment appears to be shifting, with Bitcoin price dropping 24.30% in 30 days.
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BTC3,91%
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Justin Bieber spent 1.3 million USD on a Bored Ape NFT, now only worth 12,000 USD
Justin Bieber was once one of the most famous figures to join the Bored Ape Yacht Club (BAYC) when he spent 500 ETH, equivalent to about $1.3 million, in January 2022 to purchase the Bored Ape NFT 3001 on the Ethereum platform.
However, just four years later, this NFT is now valued at around $12,000, reflecting a...
ETH6,33%
APE4,8%
PENGU2,59%
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MegaETH will use USDM revenue to buy back MEGA tokens
MegaETH Foundation plans to use revenue from its native stablecoin, USDM, to accumulate MEGA tokens through regular buybacks. USDM is key to the MegaETH ecosystem and supports its main applications. Upcoming criteria for MEGA token creation and new "proximity markets" will enhance transaction efficiency.
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ENA4,18%
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Zcash recovers above $240 but risks still remain
Zcash (ZEC) recovers to over $240 amid wider crypto market fluctuations, having risen over 31% from a low of $185. However, declining open interest in futures indicates fragile trader confidence. For a sustained rally, open interest must increase alongside prices.
![Zcash logo](https://example.com/zcash-logo.png)
Investors should monitor open interest levels closely, as a rise could signal stronger market confidence. Conversely, continued decline may suggest caution. The cryptocurrency market remains volatile, and external factors can influence price movements significantly.
### Market Outlook
- **Positive Signs**: Price recovery and increased trading volume
- **Negative Signs**: Falling open interest and market uncertainty
In conclusion, while Zcash shows signs of recovery, traders should remain vigilant and consider multiple indicators before making investment decisions.
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ZEC2,67%
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Why does the TRUMP token continue to decline despite a trading volume of $522 million?
Official Trump (TRUMP) memecoin continues to face pressure as the price drops sharply during the price discovery process. At the time of writing, the value of this token has decreased by approximately 17% compared to the previous day, reflecting a prolonged sell-off trend across both derivatives and spot markets.
Market data shows that
TRUMP0,87%
WLFI-7,08%
BTC3,91%
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Did the mother of the NBC Today Show host get kidnapped for ransom paid in Bitcoin?
Nancy Guthrie, 84, the mother of journalist Savannah Guthrie, mysteriously disappeared from her Tucson home, prompting an FBI investigation. Bloodstains were discovered at the scene, suggesting a possible kidnapping. The investigation involves ransom demands made through Bitcoin, but no direct connections to the family have been confirmed.
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BTC3,91%
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Bitcoin rises to $71,500 but derivatives indicators remain weak
Bitcoin (BTC) has recorded an impressive 17% increase since the $60,150 bottom last Friday. However, indicators from the derivatives market suggest caution, as demand for bullish investments near the $70,000 level remains quite cautious. Traders are concerned that the liquidation of $1.8 billion from
BTC3,91%
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Metaplanet remains committed to buying Bitcoin despite falling prices and stock declines
CEO Simon Gerovich of Metaplanet reaffirms the company's strategy to continue buying Bitcoin despite significant losses. Currently holding 35,102 BTC, Metaplanet aims to increase its holdings to 100,000 BTC by 2026. The stock has also faced steep declines.
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BTC3,91%
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Polymarket files for the POLY trademark, reveals plans to launch a token
Polymarket has applied for trademarks for “POLY” and “$POLY,” signaling plans for a native token launch despite facing legal challenges. The application suggests usage in crypto trading and financial services, but the company may delay the token release until a stable market position is achieved in the U.S.
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U.S. consumer data drives a strong rally in Bitcoin, gold, and stocks
The global market is recovering strongly after the previous sharp sell-off, pushing stocks, cryptocurrencies, and commodities into a severely oversold state. Bitcoin has rebounded to around $71,000, while the US stock market, gold, and silver also saw significant gains, thanks to technical buying.
BTC3,91%
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Fed seeks feedback on "mini master accounts," crypto banks support
Nearly 30 comments were submitted to the Federal Reserve regarding the "skinny master account" proposal, allowing limited access to the central bank's payment system for qualifying organizations. The proposal aims to offer controlled access for non-traditional financial institutions amid technological changes, despite concerns over operational risks and competitive equity.
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SOL6,13%
SUI5,15%
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