Pastor baffled church’s insurance policy canceled based on satellite images, causing members to dish out $71K A California church is “hurting” after its insurance policy was dropped over what appears to be a few tired-looking roof shingles. The damning roof analysis — which was made with satellite images and no formal in-person inspection — left […]
U.S.-listed spot bitcoin ETFs saw over $880 million in inflows on Tuesday, led by Fidelity’s FBTC. Bitcoin rose over $71,000 in Asian trading hours, adding 3% in the past 24 hours, with the CoinDesk 20 index rising 2.65%. U.S.-listed spot bitcoin {{BTC}} exchange-traded funds (ETF) saw over $880 million in inflows on Tuesday led by […]
Renewed hopes for U.S.-listed ether ETFs drive the crypto market higher and liquidate bearish short positions. Bloomberg analysts raised the approval odds to 75%, boosting market sentiment. Bitcoin {{BTC}} surged over $71,000 early Tuesday, its highest since early April, as ether surged over 19% to $3,700 after Bloomberg analysts raised the probability that spot ETH […]
GBTC outflows are once again negative, with $124.9 million flowing out of the trust-turned-ETF. However, the price of bitcoin remains stable, challenging the thesis that outflows push down prices {{BTC}} is stable, trading above $70,900, as outflows from the Grayscale Bitcoin Trust (GBTC) pick up once again. (CheckonChain) Overall, $124.9 million flowed out of GBTC, […]
Bitcoin’s sudden dip from its all-time highs was quickly bought up, but altcoins lagged in the rebound. The sudden burst of volatility liquidated $360 million of leveraged derivatives positions across all digital assets, CoinGlass data shows. The hotter-than-expected inflation reading will not impact the crypto bull market, a Nansen analyst said. The cryptocurrency market saw […]