The world’s largest asset manager, BlackRock, has notably been on a Bitcoin selling spree throughout this week, triggering a wave of sell-offs in the process. These sales have occurred due to the outflows that the asset manager has witnessed from its BTC ETF. BlackRock Dumps Around $500 Million In Bitcoin Arkham data shows that BlackRock…
View More BlackRock Triggers Bitcoin Sell-Offs With Half A Billion Dollars DumpedTag: SoSo Value
Ethereum Price Crash: $2 Billion In Losses Is Waiting For Traders At This Level
Up to $2 billion in long positions face liquidation amid this Ethereum price crash. These positions would get liquidated if ETH drops to $4,200. Meanwhile, the ongoing wave of sell-offs puts the largest altcoin by market cap at risk of dropping to this level. $2 Billion In Liquidations On The Horizon Amid Ethereum Price Crash…
View More Ethereum Price Crash: $2 Billion In Losses Is Waiting For Traders At This LevelSpot Ethereum ETFs Are Bleeding With Record Outflows, ETH Price To Crash Below $3,000?
The Spot Ethereum ETFs have recorded significant outflows recently, sparking a bearish sentiment for the ETH price. These outflows also come at a time when the altcoin has dropped from a six-month high of $3,900 and looks to retest the psychological $3,000 level. Ethereum ETFs See Record Outflows Putting The ETH Price At Risk SoSo…
View More Spot Ethereum ETFs Are Bleeding With Record Outflows, ETH Price To Crash Below $3,000?Coinbase Bitcoin Premium Just Turned Red For The First Time Since May — What This Means
Coinbase’s Bitcoin premium has dropped into negative territory for the first time since May. This development is bearish for the flagship crypto as it suggests that demand from the U.S. may be waning. Coinbase Bitcoin Premium In The Red CryptoQuant data shows that the Coinbase Bitcoin Premium Index is at -0.00254829, marking the first time…
View More Coinbase Bitcoin Premium Just Turned Red For The First Time Since May — What This Means