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BlackRock’s iShares Bitcoin Trust ETF (IBIT) reported net outflows of $332.6 million on Thursday, marking its largest daily outflow since launching last year. Thursday’s record outflows exceeded the previous record of $188.7 million in net outflows observed on Christmas Eve. IBIT had $2.26 billion in trading volume yesterday, according to data from SoSoValue. “Institutional investors often rebalance their portfolios to align with asset allocation targets,” said Neal Wen, Head of Global BD at Kronos Research. “The large outflows from BlackRock's IBIT may reflect such activity, particularly in response to Bitcoin's price movements or broader market conditions.” #Binance250Million
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zero three zero one... double six, eight, triplle seven, one
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Tether, the issuer of the largest fiat-backed stablecoin, has sent 7,629 BTC — worth approximately $700 million — to its bitcoin reserve address, according to onchain data from Arkham Intelligence. The tokens were sent from sister exchange Bitfinex’s hot wallet approximately an hour ago at 14:00 UTC. This is the largest transaction sent to Tether’s strategic bitcoin reserve since March 2024, when it transferred 8,888.88 BTC, according to BitInfoCharts . The firm also sent 8,888.88 BTC to the fund on the last day of 2023. #BTCMiningPeak
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🇺🇸 Tulsi Gabbard calls for a Bitcoin reserve in the USA Future U.S. Director of National Intelligence Tulsi Gabbard stated: There is value in the U.S. having its own strategic Bitcoin reserve. 🚀🚀 $BTC
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BNB Surpasses 720 USDT with a 2.18% Increase in 24 Hours
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Mike Johnson Re-Elected As U.S. House Speaker, Signaling Potential Crypto Legislation
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U.S. Dominates Bitcoin Network Hashrate With Significant Growth
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