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Bitcoin News / Bitcoin.com - 2 years ago

Bitcoin Short Squeeze Wipes Out $89M as Price Surges to $52K; ETF Inflows Hit $4B

The price of bitcoin soared past the $52K milestone on Wednesday, reaching $52,056 per unit on Bitstamp at 10:05 a.m. Eastern Time. Bitcoin’s meteoric rise over the past day triggered a wave of liquidated leveraged positions, wiping out $89.28...

Bitcoin News / Bitcoinist - 2 years ago

Bitcoin Outflows From Coinbase Ramp Up, Bullish Signal?

On-chain data shows the Bitcoin outflows from cryptocurrency exchange Coinbase have surged recently, a sign that could be bullish for BTC. Bitcoin Exchange Outflow For Coinbase Has Shot Up Recently As pointed out by an analyst in a CryptoQuant Quickt...

Bitcoin News / Bitcoin.com - 2 years ago

Report: Spot Bitcoin ETFs Lead Crypto Investment Surge With Record Inflows

In a recent turn of events, spot bitcoin exchange-traded funds (ETFs) emerged as the market leaders in the realm of cryptocurrency investment products last week. According to a recent report by Coinshares, these funds attracted $1.1 billion in inflow...