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The extended outflow streak comes as a widely used crypto sentiment indicator has stayed within the “Extreme Fear” range since Wednesday.
Crypto sales are taxable under current United States policy, but lawmakers have proposed tax exemptions for small transactions.
BlackRock's industry-leading IBIT fund has seen four straight days of outflows as BTC ETFs log their worst outflow week since February 2025.
Bitcoin behaves more like an "ATM" during uncertain times, with investors quickly selling it to raise cash.
The Bitcoin proposal caps arbitrary data in an attempt to combat spam from non-monetary transactions on the Bitcoin network.
It's about a lot more than "zooming out." Supply overhangs and investor "muscle memory" regarding gold help explain bitcoin's poor absolute and relative performance.
While blockchain data confirms the movement to Coinbase Prime, the transfer could also mean internal asset management or custody.
Some investors have revived concerns that quantum computing could threaten bitcoin, but analysts and developers say recent price weakness reflects market structure.
A full sale at current prices would imply about a $76 million loss on GameStop’s Bitcoin bet, having purchased its 4,710 Bitcoin at an average purchasing price of $107,900.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
While Bitcoin treads water below the death cross, Axie Infinity is exploding this week as GameFi catches fire and whales pile in.
"Shark Tank" investor Kevin O'Leary is pivoting his crypto strategy from tokens to energy infrastructure, declaring that power generation is now the real prize.
