Bitcoin slips as U.S. inflation fails to spark gains, ETFs see August's first two-day drawdown

WorldPing

Spot bitcoin ETFs saw back-to-back outflows for the first time since late July as the largest cryptocurrency wiped out last week's gains and altcoins struggled to find direction.

Related news

WorldPing

CoinDesk•

Live updates: Bitcoin slips below $63,000 as oil, yields climb

WTI crude tops $82 a barrel, adding inflation pressure and weighing on risk assets as bond yields rise.

Brief by WorldPing · Original reporting by CoinDesk

WorldPing

The Block•

Norway sovereign wealth fund sees indirect bitcoin exposure hit all-time high, with Strategy accounting for 86%: K33

Norges Bank Investment Management also disclosed a new $88 million stake in Ethereum treasury firm Bitmine.

Brief by WorldPing · Original reporting by The Block

WorldPing

CoinDesk•

Fear is fading across markets, be it bitcoin, stocks, gold or bonds

Fear is fading across markets, be it bitcoin, stocks, gold or bonds — full report at CoinDesk.

Brief by WorldPing · Original reporting by CoinDesk

WorldPing

Cointelegraph•

Bitcoin eyes new August lows as Binance longs face ‘cleanout’

Bitcoin futures open interest on Binance fell alongside BTC price as analysis published on CryptoQuant flagged mounting pressure on leveraged longs.

Brief by WorldPing · Original reporting by Cointelegraph

WorldPing

Bitcoin.com•

Whale Places $203M Short Bet Against Tokenized SpaceX Stock

A whale has placed roughly $203.47 million in limit short orders against tokenized SpaceX shares, betting on a pullback just as trading volume around the stock has surged to record levels.

Brief by WorldPing · Original reporting by Bitcoin.com

WorldPing

CryptoSlate•

Bitcoin’s stall around $63,000 exposes how weak its buyers have become amid record high S&P 500

The S&P 500 reached 7,798.99 while Bitcoin hovered above a cost-basis fault line amid record-low spot activity.

Brief by WorldPing · Original reporting by CryptoSlate