Tag: Crypto

BlackRock’s Bitcoin ETF Sheds Record $520 Million: What’s Up With IBIT?

A record $520 million exited BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) on Wednesday, signaling institutional confidence has flipped sharply defensive. Massive Outflows Show Investors Cutting Exposure Spot Bitcoin ETF Flows (Source: Coinglass) Spot Bitcoin (CRYPTO: BTC) ETF flows have deteriorated sharply in November, according to Coinglass. Redemptions have been accelerating...
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Trader bets $27 million against XRP with heavy leverage

A prominent cryptocurrency trader has opened a $27 million short position on XRP with 20x leverage, according to data from blockchain analytics platform Lookonchain. The trader has also established short positions on Bitcoin and Zcoin (ZEC) with 40x and 10x…...
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Semrush stock rockets 75% pre-market on $1.9B Adobe takeover

Adobe’s acquisition of Semrush could significantly enhance its digital marketing capabilities, impacting competition and innovation in the sector. The post Semrush stock rockets 75% pre-market on $1.9B Adobe takeover appeared first on Crypto Briefing....
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