Bitcoin News
Bitcoin slips back to $88,500 as silver tops $100 for first time ever and gold eyes $5,000
Spot bitcoin ETFs booked over $1.6 billion in outflows in four days, underscoring the rapid reversal in investor demand after last week's strong inflows.
Swiss banking giant UBS planning to offer crypto services to specific clients
UBS will gradually introduce crypto services, starting with select private clients in Switzerland, according to Bloomberg.
U.S. bitcoin ETF weekly outflows largest since November may signal BTC price bottom
This week's redemptions reached the highest level since November, a signal that often marks a local bottom in the price of bitcoin.
Bitcoin rewards aren't worth the risk right now as a key Wall Street metric turns negative
The metric highlights weak risk-adjusted performance during periods of volatility, a feature of drawdowns that can persist for months.
Bitcoin and yen hold steady as Japan's inflation eases and BOJ keeps interest rates unchanged
The Bank of Japan held rates steady while revising inflation and growth projections higher.
South Korea probes loss of seized bitcoin in phishing attack
Internal audit showed the coins were likely lost via a phishing attack during official storage, according to local media reports.
Gold surges to doorstep of $5,000 as experts debate bitcoin's underperformance
"The [BTC] adoption announcements are not working anymore," said Jim Bianco, while Bloomberg’s Eric Balchunas urged taking a longer-term view.
Ark Invest sees bitcoin and tokenization driving the next phase of digital asset growth
The asset manager said bitcoin’s institutional adoption and asset tokenization are pushing digital assets toward scale, potentially reaching tens of trillions by decade’s end.
Bitcoin in a deep bear market against gold, history suggests downside may persist
Bitcoin is now down 55% against gold from its December 2024 peak.
Bitcoin falls bellow $89,000 as rally attempt fizzles despite trade war risk relief
"The consensus view is that crypto markets are bearish until about September," said one analyst.
