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Author: Crypto Insights

Record $1.26B Outflow Hits BlackRock Bitcoin ETF (IBIT) as Bearish Options Cost Soars

Record $1.26B Outflow Hits BlackRock Bitcoin ETF (IBIT) as Bearish Options Cost Soars

2 months ago by Crypto InsightsCrypto

BlackRock’s spot bitcoin ETF, IBIT, has registered record outflows this month amid a price slide and a sharp rise in the cost of bearish options used to hedge against further market declines. The Nasdaq-listed BlackRock Bitcoin ETF, IBIT, has recorded a net outflow of $1.26… Read More

Even Prediction Markets Didn’t See BTC’s Selloff Coming

Even Prediction Markets Didn’t See BTC’s Selloff Coming

2 months ago by Crypto InsightsCrypto

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin’s… Read More

New Lows Below $93K, but Local Bottom Could Be Near, Analysts Say

New Lows Below $93K, but Local Bottom Could Be Near, Analysts Say

2 months ago by Crypto InsightsCrypto

Bitcoin BTC$91,741.15 slumped to a fresh six-month low on Monday, extending its multi-week retreat as crypto sentiment continued to deteriorate. After a slight rebound from overnight lows, BTC — in what’s become a familiar pattern — resumed its decline in the U.S. session, falling to… Read More

Apple could split iPhone releases into premium and budget events

Apple could split iPhone releases into premium and budget events

2 months ago by Crypto InsightsComputer Tips

Writing in Bloomberg’s Power On newsletter, Gurman claims that Apple will stick with its pattern of releasing four phones during this year’s fall event: two Pro models and two mid-tier options.Read Entire Article Source: www.techspot.com

Still Hope for Bulls: Crypto Daybook Americas

Still Hope for Bulls: Crypto Daybook Americas

2 months ago by Crypto InsightsCrypto

By Omkar Godbole (All times ET unless indicated otherwise) The cryptocurrency market is in a mixed mood, with some recent outperformers facing pressure while major cryptocurrencies remain resilient. Privacy-focused coins monero XMR$411.93 and zcash ZEC$686.07 fell more than 4% in the last 24 hours, contrasting… Read More

Bitcoin’s Bounce Zone Shattered, Echoes Strategy’s (MSTR) Downtrend

Bitcoin’s Bounce Zone Shattered, Echoes Strategy’s (MSTR) Downtrend

2 months ago by Crypto InsightsCrypto

This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin BTC$95,267.61 has gone the “Strategy (MSTR)-way”, falling below a key support to shatter the memory traders had of this level as a reliable bounce zone. The leading cryptocurrency by… Read More

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