Tag: Bitcoin

  • Fed Rate-Cut Bets Surge as Bitcoin Struggles to Break Above $91,000

    Fed Rate-Cut Bets Surge as Bitcoin Struggles to Break Above $91,000

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    Issac Lane

    Bitcoin continued to hover near the $91,000 mark even as global markets strengthened on rising expectations of an imminent US interest rate cut. The cryptocurrency has failed to reclaim the $93,000 level despite supportive macroeconomic signals, leaving traders questioning what could ignite the next sustained leg of its rally. ETF Flows and Options Activity Signal…

  • US Bitcoin ETFs Break Five-Day Slump as BTC Recovers Above $92,000

    US Bitcoin ETFs Break Five-Day Slump as BTC Recovers Above $92,000

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    Issac Lane

    United States spot Bitcoin exchange-traded funds showed early signs of stabilisation after a difficult week, recording $75.4 million in net inflows on Wednesday. The rebound came as Bitcoin briefly reclaimed the $92,000 mark following several days of consistent price declines. Inflows Return After Persistent Redemptions Farside Investors data confirmed that the inflow marked the end…

  • Kenya’s New Crypto Law Faces Early Pressure as Bitcoin ATMs Emerge in Nairobi Malls

    Kenya’s New Crypto Law Faces Early Pressure as Bitcoin ATMs Emerge in Nairobi Malls

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    Issac Lane

    Kenya’s first comprehensive cryptocurrency law has barely taken effect, yet Bitcoin ATMs have already appeared across major Nairobi malls. This sudden rise in visible crypto infrastructure has created an immediate challenge for regulators who insist that no virtual asset provider is currently authorised to operate under the new framework. Bitcoin ATMs Appear Despite Lack of…

  • Crypto ETPs Record Largest Weekly Outflows Since February as Markets Turn Cautious

    Crypto ETPs Record Largest Weekly Outflows Since February as Markets Turn Cautious

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    Issac Lane

    Crypto exchange traded products experienced their sharpest weekly outflows since February, with investors pulling nearly two billion dollars amid rising uncertainty in global markets. The continued retreat reflects a broader shift toward safer assets and highlights weakening sentiment across major regions. Outflows Reach Three-Week High The latest data from CoinShares shows that crypto investment products…

  • Robert Kiyosaki Claims Cash Crunch Is Fueling Market Crash, Remains Confident in Bitcoin and Gold

    Robert Kiyosaki Claims Cash Crunch Is Fueling Market Crash, Remains Confident in Bitcoin and Gold

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    Issac Lane

    Kiyosaki Blames Global Cash Shortage for Market Decline Robert Kiyosaki, the author of Rich Dad Poor Dad, has told his 2.8 million followers on X that he is holding on to his Bitcoin and gold despite the sharp downturn in global markets. He stated that the ongoing sell-off is the result of a worldwide shortage…

  • Bitcoin Faces Pressure as ETF Outflows Hit $2 Billion

    Bitcoin Faces Pressure as ETF Outflows Hit $2 Billion

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    Yashika Gupta

    Bitcoin (BTC) is once again under pressure as the world’s largest cryptocurrency struggles to maintain its footing above the crucial $100,000 mark. Recent data indicate that Bitcoin exchange-traded funds (ETFs) have experienced over $2 billion in outflows during the past week, one of the steepest withdrawal periods since their inception. What was once hailed as…

  • Bitcoin Slips Below $109K, Correction Deepens

    Bitcoin Slips Below $109K, Correction Deepens

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    Yashika Gupta

    Bitcoin (BTC) has taken a sharp bearish turn this week, falling below a crucial technical support level that once underpinned its rally. After reaching an all-time high of $126,110, the flagship cryptocurrency has slipped under the $109,500 zone, a level that previously acted as a strong base for buyers. The move marks a significant shift…

  • Gold Soars Past $4,000 as Bitcoin Slips Below $104K

    Gold Soars Past $4,000 as Bitcoin Slips Below $104K

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    Yashika Gupta

    The global precious metals rally continues to steal the spotlight, with gold breaking past $4,000 per troy ounce for the first time in history in early November. The surge marks a defining moment in the financial landscape, as investors increasingly prioritise stability and tangible value amid a climate of economic and political uncertainty. Silver has…

  • Bitcoin Slips as ETF Outflows Trigger Volatility

    Bitcoin Slips as ETF Outflows Trigger Volatility

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    Yashika Gupta

    Bitcoin’s long-celebrated “Uptober” failed to deliver this year, as the world’s leading cryptocurrency closed the month nearly 4% lower, marking its worst October performance since 2018. Despite optimism surrounding the Federal Reserve’s rate cut, investor sentiment soured as ETF outflows surged and volatility indicators flashed caution. On Saturday, Bitcoin (BTC) hovered around $110,000, recovering modestly…

  • Bitcoin Treasuries Reset After NAV Meltdown

    Bitcoin Treasuries Reset After NAV Meltdown

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    Yashika Gupta

    Net Asset Values (NAVs) in Bitcoin treasury firms have seen a dramatic collapse, but analysts at 10x Research argue this downturn may signal the beginning of a new era rather than the end of one.In a report shared with Cointelegraph on Friday, the research firm described the current market correction as a “reset” that could…