Crypto News

BTC-spot ETF Outflows BTC (Bitcoin) and other cryptocurrencies experienced a significant outflow from spot ETFs (exchange-traded funds) in the past week. This was in contrast to the previous week where there was a surge in inflows, causing BTC to reach an all-time high. With the recent outflows, BTC and other cryptocurrencies have seen a slight dip in their prices. However, this could be a sign of a healthy market correction and not a cause for concern. FTX Creditor Reentries FTX, a popular cryptocurrency exchange, faced a major setback with a recent hack. As a result, many traders and investors had their funds frozen. However, there are reports that FTX is allowing some of the creditors to reenter the platform and retrieve their funds. This news has caused a lot of excitement and could potentially boost the market sentiment. Economic Data and Market Volatility In the coming days, economic data could play a major role in driving market volatility for cryptocurrencies. Wit...