Quick Summary: Investors pulled $171.12 million from 11 U.S.-listed spot bitcoin ETFs on Thursday, signaling a cooling of institutional demand after a strong start to the month. Institutional appetite for bitcoin appears to be easing following a promising start to the month, with fresh data pointing to a notable pullback in investment activity. Investors withdrew a combined $171.12 million from 11 U.S.-listed spot bitcoin exchange-traded funds on Thursday. The outflows mark a shift in momentum that had previously favored strong inflows into these products.The withdrawals spanned all 11 spot bitcoin ETFs currently listed in the United States, suggesting the pullback…
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Quick Summary: Large Bitcoin holders added 61,568 BTC over the past month as geopolitical conflict and macroeconomic uncertainty weigh on markets. Large Bitcoin holders have added 61,568 BTC to their positions over the past month, even as conflict in the Middle East intensifies and broader economic conditions remain unsettled. Data shared by analytics platform Santiment on Thursday shows that wallets holding between 10 and 10,000 BTC — categorized as whales and sharks — grew their holdings by 0.45% during the period. Smaller wallets holding under 0.01 BTC also saw modest growth, adding approximately 213 BTC, or 0.42%, over the same…
Quick Summary: Ukrainian attacks on Russian oil infrastructure have disrupted supply workarounds, pushing oil prices higher and stoking fears of persistent inflation. Ukraine’s ongoing strikes against Russia’s oil infrastructure have knocked out a critical alternative supply route that markets had been relying on to cushion the impact of disruptions linked to the conflict involving Iran. The damage to these facilities removes a buffer that traders and governments had counted on to stabilize global energy flows. The development marks a significant escalation in the economic dimensions of the broader regional conflict.Oil prices have risen in response to the supply disruption, adding…
Quick Summary: India’s Central Bureau of Investigation arrests Mumbai-based Sunil Ramakrishnan for trafficking Indians into Myanmar crypto fraud compounds. India’s Central Bureau of Investigation has arrested a Mumbai-based man identified as a key figure in a transnational network that trafficked Indian nationals into cyber-fraud operations in Myanmar. The suspect, Sunil Nellathu Ramakrishnan, also known as Krish, was taken into custody on Thursday upon his return to India. The CBI announced the arrest in an official statement the same day.According to the agency, Ramakrishnan orchestrated the movement of victims from Delhi to Bangkok under the false promise of legitimate employment in…
Quick Summary: The UK government has sanctioned Xinbi, a $20 billion Chinese-language crypto marketplace, for enabling scams and fraud across Southeast Asia. The UK Foreign, Commonwealth & Development Office (FCDO) has announced sweeping sanctions against Xinbi, a Chinese-language cryptocurrency marketplace estimated to have processed nearly $20 billion in transactions, citing its role in facilitating scams and illicit financial activity. The agency stated that Xinbi provides crypto-based services, scam-enabling tools and other illegal services to bad actors. It also described the platform as playing a central role in scam centers operating across Southeast Asia. The sanctions are designed to cut the…
Quick Summary: Bitcoin trades near $68,000 in a narrow range as 10-year U.S. Treasury yields climb to 4.42%, raising pressure on risk assets globally. Bitcoin is holding near $68,000 despite mounting pressure across global financial markets, as the yield on the benchmark 10-year U.S. Treasury note climbs to approximately 4.42%. That represents a rise of roughly 46 basis points since late February, a pace analysts are comparing to the volatility seen during the so-called Liberation Day period in April 2025. The cryptocurrency is down 3.3% on the day to $68,400, but remains up 3.9% since the current conflict with Iran…
Quick Summary: A US federal judge has issued a preliminary injunction blocking the Pentagon’s national security label against AI firm Anthropic and halting a Trump ban on its products. A federal judge in San Francisco has issued a preliminary injunction against the Pentagon, temporarily blocking its designation of Anthropic as a supply chain risk. Judge Rita Lin of the District Court for the Northern District of California also halted a directive from President Donald Trump ordering all federal agencies to stop using Anthropic’s AI chatbot, Claude. The ruling, issued on March 26, marks a significant legal setback for the Trump…
Quick Summary: ARK Invest will use Kalshi’s prediction market data to guide research, risk management, and hedging strategies, reflecting growing institutional interest in the sector. ARK Invest, the technology-focused asset management firm, has announced it will incorporate prediction market data from Kalshi into its investment decision-making process. The move represents one of the more prominent examples of prediction market data being applied beyond traditional trading contexts. ARK plans to use the data to assess real-time market expectations and complement its existing research framework. The firm will also apply the data to risk management and hedging strategies.ARK founder and CEO Cathie…
Quick Summary: Bitcoin fell to roughly $68,500 for the fifth consecutive week of volatility driven by mixed Iran-related headlines, even as ETFs recorded $2.5 billion in net inflows. Bitcoin declined approximately 3%, settling at around $68,500, as conflicting headlines surrounding Iran continued to unsettle financial markets for the fifth consecutive week. The latest drop reflects ongoing sensitivity among investors to geopolitical developments, which have repeatedly triggered sharp swings in crypto valuations. The pattern has persisted long enough to draw attention from analysts tracking market momentum and sentiment.The broader cryptocurrency market fell in tandem with Asian equities, with most major digital…
Quick Summary: XRP falls roughly 2.7% to near $1.35 after a sharp late-session sell-off breaks through the key $1.36 support level. XRP has declined approximately 2.7%, settling near $1.35 following a sharp sell-off that emerged late in the trading session. The move pushed the token beneath the $1.36 level, which had previously served as a key support point. The speed and intensity of the decline drew immediate attention from market participants tracking the asset.Analysts point to the nature of the selling as a sign of underlying market fragility. A notable spike in trading volume accompanied the rapid price drop, suggesting…
