Exodus or firewall? Blockchain analysts clash over Iran’s crypto outflows
When airstrikes hit Iran on Feb. 28, crypto outflows from Nobitex spiked 873%, suggesting a “digital bank run” was ongoing. The reality may be more complex.
When airstrikes hit Iran on Feb. 28, crypto outflows from Nobitex spiked 873%, suggesting a “digital bank run” was ongoing. The reality may be more complex.
Bitcoin exchange-traded funds saw fresh outflows on Tuesday even as ether- and XRP-linked products drew net inflows, indicative of a growing split in how investors are positioning across major crypto assets during the latest bout of market volatility. U.S.-listed spot bitcoin ETFs recorded roughly $272… Read More
Spot bitcoin and ether ETFs saw another round of outflows on Dec. 24 as traders moved into the Christmas break with reduced liquidity and a weaker appetite for risk. SoSoValue data showed bitcoin spot ETFs posted $175 million in net outflows on Wednesday, while ether… Read More
Bitcoin’s slide to $84,000 is being driven less by mood and more by mechanics, according to Greg Cipolaro, Global Head of Research at NYDIG. In a report, Cipolaro said the core engines of the 2024–25 rally have shifted into reverse. Spot bitcoin ETFs, once the primary… Read More