Hedge funds’ shorts on Bitcoin futures counter ETF inflows, maintaining the cryptocurrency’s market price equilibrium.
The post Bitcoin flat despite high ETF inflows as hedge funds short BTC at record levels appeared first on Crypto Briefing.
Key takeaways XRP slipped below $1.50 as renewed Middle East tensions weakened broader crypto sentiment. XRP investment products saw nearly $40 million in inflows last week, while futures...
Read more
Ether (ETH) has surged more than 10% in April, reaching as high as $2,430 this month amid renewed market optimism.ETH/USD daily chart. Source: TradingViewYet during the same period,...
Read more
President Donald Trump torpedoed Iran’s counterproposal to a peace deal on May 10, calling it “totally unacceptable” in a social media post. Brent crude jumped 4.1% to $104.47...
Read more
Key takeaways Bitcoin briefly topped the $81,000 mark on Tuesday, the highest level in three months. Crypto sentiment improves, with inflows into US-listed spot ETFs totaling $154 million...
Read more
Stellar’s native token XLM remains under pressure on Tuesday, with muted price action reflecting a broader lack of conviction across altcoins. XLM has stabilized around $0.158 as traders...
Read more
