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Bitcoin whales bought $16.7 billion of BTC in two weeks even as ETFs bled a record $4 billion

Bitcoin whales bought $16.7 billion of BTC in two weeks even as ETFs bled a record $4 billion

2 weeks ago by Crypto InsightsCrypto

Large bitcoin holders bought more than 270,000 bitcoin BTC$62,601.89 ($16.7 billion) over the past two weeks, stepping in as U.S. institutions pulled money out at a record pace. U.S. spot bitcoin exchange-traded funds (ETFs) shed $4.06 billion in June, their worst month since listing, past… Read More

Donald Trump says there’s ‘nothing wrong’ with his $1.4 billion crypto windfall

Donald Trump says there’s ‘nothing wrong’ with his $1.4 billion crypto windfall

2 weeks ago by Crypto InsightsCrypto

President Donald Trump said there is ‘nothing wrong’ with the money his family has made in crypto, responding to financial disclosures that showed he earned at least $1.4 billion from the industry last year. Asked in a CNBC interview on Thursday at the White House… Read More

$4 billion gone. Spot bitcoin ETFs are on track for their worst month on record

$4 billion gone. Spot bitcoin ETFs are on track for their worst month on record

2 weeks ago by Crypto InsightsCrypto

U.S. spot bitcoin ETFs have recorded $4.06 billion in net outflows this month, according to data from SoSoValue. It marks the largest monthly redemption on record, exceeding the previous high of $3.56 billion in February 2025. Last week, the funds saw redemptions of about $1.79… Read More

Forget max pain. Bitcoin is well below the $72,000 magnet going into $10 billion options expiry

Forget max pain. Bitcoin is well below the $72,000 magnet going into $10 billion options expiry

3 weeks ago by Crypto InsightsCrypto

Bitcoin’s BTC$61,622.70 price drop ahead of Friday’s quarterly options settlement has once again cast doubt on the popular “max pain theory.” The max pain level for this expiry stands at $72,000, significantly above current spot prices of around $61,700. On Friday at 8:00 ET, options… Read More

Bitcoin miners’ AI pivot faces $50 billion reality check, says VanEck

Bitcoin miners’ AI pivot faces $50 billion reality check, says VanEck

4 weeks ago by Crypto InsightsCrypto

The report comes amid a dramatic shift in the bitcoin mining industry. Following the collapse in mining profitability after the 2024 halving, many operators began repurposing their power infrastructure to support AI workloads, betting that technology companies would pay significantly more for electricity and data… Read More

SpaceX (SPCX) raises $75 billion in largest-ever IPO

SpaceX (SPCX) raises $75 billion in largest-ever IPO

1 month ago by Crypto InsightsCrypto

SpaceX has priced its shares at $135, according to a filing with the U.S. Securities and Exchange Commission on Thursday, setting the stage for one of the most closely watched public market debuts in recent years. The company sold 555.6 million shares at that price,… Read More

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