Live updates: BlackRock's IBIT drives $236 million bitcoin ETF outflow
Bitcoin slipped below $77,500 and every major is red on the day. The smaller crypto ETFs kept taking money while the bitcoin funds gave some back.
Bitcoin slipped below $77,500 and every major is red on the day. The smaller crypto ETFs kept taking money while the bitcoin funds gave some back.
The exploit caused the neobank’s AVICI token to drop 49% from a 24-hour high, hitting a record low before paring some of the losses.
Six decade-old wallets moved $40 million this month, but Galaxy’s data shows dormant coin activity at its lowest since 2022 and 2026 on pace for under half of last year’s total.
One wallet bought heavily into a yield token, which pushed the price of its paired principal token down just enough to trigger liquidations across borrowers using it as collateral.
The treasury firm stepped up its ETH buying as Tom Lee said the crypto’s 30% weekly rally could signal a larger move ahead.
An options trader opened a large straddle on XRP, betting on wild price swings by Aug. 28.