The post Bitcoin Recovery Rally Or Bull Trap? These Key Levels Hold The Answer appeared on BitcoinEthereumNews.com.
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the cryptocurrency world 3 years ago and got so interested in knowing so much about it. It all started when a friend of mine invested in a crypto asset, which he yielded massive gains from his investments. When I confronted him about cryptocurrency he explained his journey so far in the field. It was impressive getting to know about his consistency and dedication
The post Spot Bitcoin ETFs See Record 10-Day Outflow Streak, Analyst Calls It ‘Contrarian Indicator’ appeared on BitcoinEthereumNews.com.
Spot Bitcoin exchange-traded funds (ETFs) have logged outflows for ten consecutive trading days, with total net redemptions exceeding $2.97 billion since May 15, a streak that one analyst says may signal a market bottom is near. According to data from SoSoValue, daily outflows ranged from $70 million to $733 million across the period, with the steepest single-day exodus recorded on Wednesday at $733.43 million. Total net assets held across spot Bitcoin (BTC) ETFs have dropped from $104.29 billion on May 15 to $94.17 billion as of Friday, a decline of roughly $10 billion in two weeks. The current streak broke the previous record of eight consecutive outflow sessions, which was recorded in early last year and saw $3.2 billion in withdrawals, on Thursday, before extending to 10 days on Friday. Spot Bitcoin ETFs have become a major gauge of institutional
The post Canadian Billionaire: Crypto Can Be Seized, It’s Not Digital Gold appeared on BitcoinEthereumNews.com.
“There is no escape” A loud Bitcoin skeptic Canadian billionaire philanthropist and prominent gold advocate Frank Giustra has re-ignited the fierce debate surrounding cryptocurrency’s safe-haven status. The magnate has warned that the crypto sector is actually vulnerable to state intervention. “There is no escape” Giustra’s latest criticism has been prompted by remarks from prominent media personalities and U.S. Treasury Secretary Scott Bessent regarding the federal seizure of approximately $1 billion worth of cryptocurrency wallets. “Some of them are typing in their wallets right now and have no idea it’s already gone,” Bessent said. XLM Shoots Up 60%, XRP Left in Dust Bitcoin (BTC), Zcash (ZEC), Ethereum (ETH) and XRP Price Analysis for May 30: Bearish Pressure Emerges Giustra seized on the news to slam Bitcoin’s alleged vulnerability. You Might Also Like One crypto prop
The post Robert Kiyosaki Warns Bitcoin Hype Can Burn Buyers Even With Bullish Forecast appeared on BitcoinEthereumNews.com.
Key Takeaways Kiyosaki said bitcoin, gold, and silver can still lose money when bought on hype. Investors were urged to track cash flows instead of relying on conventional bond safety claims. His crash warnings support the case for hard assets and independent research. Robert Kiyosaki Says Bitcoin Buyers Still Need Discipline Robert Kiyosaki warned that bitcoin can produce losses when investors buy on hype instead of analysis. On May 30, the Rich Dad Poor Dad author and investor criticized claims on social media platform X that U.S. bonds are safe and encouraged followers to monitor cash flows when evaluating investment opportunities. His comments placed BTC within a broader discussion about capital allocation, suggesting that timing, judgment, and conviction can influence outcomes as much as the underlying asset itself. Kiyosaki’s advice centered on investor beha
The post Bitcoin Treasury Space Still Has Fair Share of ‘Carnival Barkers’: BSTR Founder appeared on BitcoinEthereumNews.com.
The Bitcoin treasury company space is becoming more divided between firms with actual financial strategies and those leaning more on promotion, according to one industry executive. “I think a lot of them don’t have the right capital structure, right. They don’t have the ability to actually deploy Bitcoin,” Sean Bill — co-founder of Bitcoin treasury company BSTR, alongside Adam Back — said during an interview with Cointelegraph published to YouTube on Tuesday. “They’re really planning on having Bitcoin do all the talking for them,” Bill said. “I do think that you have a lot of carnival barkers in this space,” Bill said. Sean Bill spoke to Cointelegraph at BitcoinVegas. Source: Cointelegraph Bill said that works well to an extent if a company has “cheap and easy access to leverage in the marketplace.” If not, companies must engage in other activities to add value
The post CME Launches 24/7 Bitcoin and Crypto Futures Trading appeared on BitcoinEthereumNews.com.
Key Takeaways CME Group expanded crypto futures and options trading to continuous access on CME Globex. Traders can hedge weekend, holiday, and overnight volatility through regulated listed derivatives. Institutional demand may keep rising as crypto exposure broadens across major contracts. CME Group Expands Crypto Access With Around-the-Clock Trading CME Group announced on X on May 29 that its cryptocurrency futures and options now trade 24/7. The world’s largest derivatives marketplace is opening continuous access to bitcoin and crypto contracts. The move gives institutional and active traders continuous access to regulated crypto derivatives. It also narrows the gap between CME’s listed markets and crypto spot venues. For traders, the change shifts risk management from a scheduled-market model to a continuous one. Bitcoin prices often move sharply during weekends, holidays, and overnig
The post Grok Targets $145K as 13 AI Models Predict Bitcoin’s Price Path to Close 2026 appeared on BitcoinEthereumNews.com.
Key Takeaways 13 AI models queried by Bitcoin News gave BTC year-end 2026 price targets ranging from $50,000 to $145,000. Deepseek was the lone bear, projecting $50,000, while Grok set the high at $145,000, citing ETF inflows and institutional adoption. Most models clustered between $88,000 and $122,000, with post-halving supply and Fed policy cited as key drivers. 13 AI Chatbots Give Bitcoin Year-End Targets and the Range Will Surprise You Several forces hit at once. U.S. spot bitcoin ETFs posted more than $2.8 billion in outflows over a nine-day stretch, including a single-day pull of $733 million on May 27, with Blackrock’s IBIT accounting for over $528 million of that alone. Geopolitical pressure in the Middle East pushed traders toward the dollar, and stronger-than-expected inflation readings kept rate-cut expectations in check. Bitcoin fell to intraday lows
The post Bitcoin Faces Prolonged Downtrend Through 2027, Analyst Warns appeared on BitcoinEthereumNews.com.
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of jo
