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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
11:04
Data: Morgan Stanley buys the dip, total bitcoin holdings exceed 4,300
According to ChainCatcher, Arkham monitoring data shows that Morgan Stanley has been "buying the dip" in the past week, increasing its holdings via its spot Bitcoin ETF MSBT by a total of 266.56 BTC, worth 17.26 million US dollars. As of now, its total Bitcoin holdings have reached 4,348 BTC, valued at approximately 273.8 million US dollars.
10:43
Caixin: Token exports are not yet a standardized concept and lack complete application cases
According to Caixin, Token export is not yet a standard concept in regulatory documents or corporate annual reports, and there has not yet been a fully disclosed case in the public market that can simultaneously cover both overseas clients accessing China’s AI data centers using Tokens, as well as covering the two stages of cross-border payment, clearing, and final settlement completed through central bank digital currency.
10:32
Data: If BTC falls below $60,482, the cumulative long liquidation volume on major CEXs will reach $983 millions.
According to ChainCatcher, citing data from Coinglass, if BTC falls below $60,482, cumulative long liquidation volume on major CEXs will reach $983 million. Conversely, if BTC breaks above $66,422, cumulative short liquidation volume on major CEXs will reach $694 million.
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