US Bitcoin ETFs on a run: markets panic
Persistent outflows from Bitcoin ETFs and the extreme fear index (11) contrast with aggressive whale accumulation. Retail is absent while large investors are buying.
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Persistent outflows from Bitcoin ETFs and the extreme fear index (11) contrast with aggressive whale accumulation. Retail is absent while large investors are buying.
Bitcoin fell sharply to $93,000, triggering liquidations of $510M in 24 hours and wiping out all gains for the year. The Fear and Greed index dropped to 10, signalling panic among traders.
ravis Ford, CEO of Wolf Capital Trading LLC, was sentenced to five years for fraud. The cryptocurrency Ponzi scheme raised nearly $10 million from 2,8000 investors. A sign of the growing scourge of global crypto fraud.
Arthur Hayes, former CEO of BitMEX, urged Zcash (ZEC) holders to withdraw their coins from exchanges and move them to shielded addresses, revealing that ZEC is now his second largest position.
Tether moves like a sovereign wealth fund: it hires traders from HSBC and accumulates billions in physical gold. The strategy, which mirrors the behaviour of central banks, marks a break from dependence on the US dollar.
China accuses Washington of 'draining' 127,000 BTC from LuBian in 2020. Researchers link the exploit to a flaw in key generation.
Trump-related tokens register a massive and inexplicable rally (MELANIA +54%), despite the crypto market's cautious recovery. Insider hoarding is speculated.

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