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Grayscale’s GBTC Tops Outflow Charts With $90M Amid BTC’s Price Crash Below $60K
Grayscale’s GBTC Tops Outflow Charts With $90M Amid BTC’s Price Crash Below $60K

Spot Bitcoin ETFs are at risk of more outflows if prices stay below $60.5k, according to Bianco Research’s founder.

Cryptopotato·2024/06/25 12:28
Mt Gox repayments to creditors may not affect Bitcoin as expected
Mt Gox repayments to creditors may not affect Bitcoin as expected

Share link:In this post: Mt Gox is expected to repay nearly $9 billion to creditors in July. Analysts say that the scheduled repayment won’t pose a threat to Bitcoin price. According to Thorn, Bitcoinica BK, claim funds, and individual creditors will receive 10,000 BTC, 20,000 BTC, and 65,000 BTC, respectively.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend indepen

Cryptopolitan·2024/06/25 11:52
Bitcoin options put-call skew remains optimistic ahead of June’s quarterly expiry, analysts say
Bitcoin options put-call skew remains optimistic ahead of June’s quarterly expiry, analysts say

Bitcoin options put-call ratio remains optimistic ahead of the end-of-June quarterly options expiry, analysts noted.This comes despite recent developments that could exacerbate sell pressure.

The Block·2024/06/25 10:40
Flash
19:10
According to the latest data released by the Investment Company Institute, the total size of money market funds in the United States has surged to $7.919 trillion, setting a new all-time high.
These types of funds, characterized by strong liquidity and relatively low risk, have recently become a preferred allocation choice for many market participants. The continuous growth in their scale also reflects, to some extent, that investors' risk appetite and asset allocation preferences have experienced corresponding changes under the current market environment.
19:05
The trading volume of Solana tokenized stocks reached $116 million yesterday.
Solana saw its tokenized stock trading volume reach 116 million USD yesterday, accounting for 94% of the total across all networks. (Cointelegraph)
19:04
According to USDA statistics, as of June 1, the number of cattle on feed in the United States reached 102.0% of the same period last year, while the market’s previous consensus expectation was 102.5%.
This actual data is slightly lower than the market's previous expectations and may subsequently have a certain impact on the outlook for U.S. beef cattle supply as well as future trends in market trade.
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