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US bitcoin ETFs bleed $1.2 billion in longest run of net outflows

(Bloomberg) -- US Bitcoin exchange-traded funds have posted their longest run of daily net outflows since listing at the start of the year, part of a wider retreat from riskier assets in a challenging period for global markets.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May St

Neiro on Ethereum Becomes Top 25 Meme Coin After Binance, Crypto.com, OKX Listings

Neiro on Ethereum (NEIRO) has broken into the top 25 meme coins by market capitalization, according to CoinGecko. This comes after the token was listed on exchanges Binance, Crypto.com, HTX, and OKX over the past three days. Earlier this year Kabosu, the mascot of Dogecoin, sadly passed away. Two months later, Kabosu’s owner adopted a new Shiba-Inu called Neiro. This caused a meme coin war as two Solana meme coins launched in the new pup’s honor and then the Ethereum NEIRO entered the picture, v...

Bitcoin Could Sink to $30,000 If Kamala Harris Wins Election, Says Bernstein

In a stark assessment of the upcoming U.S. presidential election’s potential impact on the crypto market, analysts at Bernstein have forecast that Bitcoin could test the $30,000-$40,000 range if Vice-President Kamala Harris emerges victorious. This prediction stands in sharp contrast to their bullish outlook for a Donald Trump win. According to the report, the cryptocurrency industry has received a warmer reception from the Trump campaign, which has taken an overtly pro-crypto stance. "The tone...

Bitcoin Climbs 2% While Analysts Remain Wary of US Inflation Report

Bitcoin traded up 1.8% at $54,440 on Monday morning during European trading hours, rebounding from a weekend slide. The dip appeared to have been set off by Friday's disappointing U.S. jobs report, however, analysts are wary of significant outflows from spot ETFs and upcoming economic data releases that could impact market direction. The world's leading cryptocurrency showed a modest recovery following a weekend dip to $53,636, according to CoinGecko data. However, this uptick comes against a ba...