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Grayscale’s GBTC Tops Outflow Charts With $90M Amid BTC’s Price Crash Below $60K
Grayscale’s GBTC Tops Outflow Charts With $90M Amid BTC’s Price Crash Below $60K

Spot Bitcoin ETFs are at risk of more outflows if prices stay below $60.5k, according to Bianco Research’s founder.

Cryptopotato·2024/06/25 12:28
Mt Gox repayments to creditors may not affect Bitcoin as expected
Mt Gox repayments to creditors may not affect Bitcoin as expected

Share link:In this post: Mt Gox is expected to repay nearly $9 billion to creditors in July. Analysts say that the scheduled repayment won’t pose a threat to Bitcoin price. According to Thorn, Bitcoinica BK, claim funds, and individual creditors will receive 10,000 BTC, 20,000 BTC, and 65,000 BTC, respectively.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend indepen

Cryptopolitan·2024/06/25 11:52
Bitcoin options put-call skew remains optimistic ahead of June’s quarterly expiry, analysts say
Bitcoin options put-call skew remains optimistic ahead of June’s quarterly expiry, analysts say

Bitcoin options put-call ratio remains optimistic ahead of the end-of-June quarterly options expiry, analysts noted.This comes despite recent developments that could exacerbate sell pressure.

The Block·2024/06/25 10:40
Flash
16:29
Prominent Trader: Now Is the "Generational Buy Opportunity"
BlockBeats News, June 6th, prominent trader Killa (@KillaXBT) posted, stating it is now a "Generational Buy Opportunity". In earlier news, Killa recently announced that he has officially opened a long position on Bitcoin, with a stop-loss price of $31,950 and a target price of $160,000. Killa, as a BTC-focused quantitative trader, accurately predicted the peak of this bull market in May 2025 and has over 180,000 followers on Platform X. In mid-April, he shorted Bitcoin at $74,688.
16:26
Whale Reveals "First Set 10 Major Goals" and Shows 4x Long Bitcoin Order
BlockBeats News, June 6th: Contract whale "Sets 10 Major Goals First" and Reveals 4x Long Position on Bitcoin. A screenshot shows that the opening price was $60,153.8, with a position size of 2,835 BTC.
16:23
Bitcoin Falls Below $60,000 as Gold and US Stocks Decline
On June 6, US stocks continued to decline during trading hours. According to Bitget data, the Nasdaq 100 index fell by 3%, while the S&P 500 index dropped by 1.7%. Spot gold fell over 3% during the day, currently priced at $4,330 per ounce, marking its lowest level since March 24. Additionally, according to an exchange's data, Bitcoin has fallen below the $60,000 mark for the first time since October 2024.
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