Institutional spot Bitcoin ETF outflows and lowered Bitcoin miner profitability could be driving the current price drop

Institutional spot Bitcoin ETF outflows and lowered Bitcoin miner profitability could be driving the current price drop
CoinShares data shows Solana investment products registering a $39 million outflow, while Bitcoin investment products saw modest inflows.
Shortly after their arrest in May, Anton and James Peraire-Bueno were released on $250,000 bonds until the conclusion of their criminal case.
Dubai's latest ruling marks a significant shift in the legal acceptance of cryptocurrencies, aligning the UAE with global trends in digital finance.
The S&P 500 Index is nearing its all-time high, but Bitcoin is struggling to rise above $60,000, pointing to further underperformance in the near term.
A survey of more than 2,000 Chinese speakers shows clear favorites and frequent appeals for supernatural assistance.
The 91-page party platform is expected to be passed on Aug. 19 in a vote from the Democratic National Convention.
ADA falls from the top 10 list of largest cryptocurrencies as competing blockchains see an uptick in users.
Kamala Harris seems to be trying to promise that she'll change her position on crypto if she's reelected to the White House, but her message is falling flat.
According to research commissioned by Coinbase, roughly 40% of young crypto holders in crucial swing states identify as Democrats — the same percentage as Republicans.
According to Anthony Scaramucci, crypto voters could swing the elections in favor of pro-crypto candidate Donald Trump.
Cointelegraph spoke to VCs to find out which sectors they’re currently interested in, as investments increased in Q2.
Ether’s price is subdued by a lack of risk appetite among investors caused by wider macroeconomic conditions.
Popular MEV attacks, such as sandwich transactions, have netted attackers nearly $17 billion in the past 30 days.
HTX Ventures’ 2024 Half-Year Investment Report reveals targeted investments in BTCFi, multichain infrastructure and user experience, which aim to unlock Bitcoin’s potential in DeFi and enhance blockchain interoperability.
The US Ether ETFs generated over $420 million worth of selling pressure for the world's second-largest cryptocurrency.
