BlackRock's IBIT Records $528M Outflow – 2nd Largest Single-Day Since Inception
Bloomberg ETF senior analyst Eric Balchunas noted that iShares Bitcoin Trust (IBIT) recorded $528 million in net outflows yesterday, marking the second-largest single-day outflow since the ETF’s launch. However, the analyst added that IBIT still ranks in the top 2% of all ETFs with $2 billion in net inflows year-to-date, while cumulative historical inflows have reached $64 billion, making the latest outflow less than 1% of total inflows.  http://x.com/EricBalchunas/status/2059975485904371898…

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Bitcoin fell below the $75,000 mark on Thursday after being resisted at $78,000, officially breaking its strong correlation with traditional stock markets. Meanwhile, progress on US crypto legislation stalled, and mining...
The article, "Why is Bitcoin's Plunge Decoupled from US Stocks? Miners' Massive Transformation into AI, BlockTempo of US Crypto Regulations...", was originally published on BlockTempo, the most influential blockchain ABMedia media.

Why did Bitcoin's plunge decouple from the US stock market? Miners' massive shift to AI, stalled US crypto regulations…

Author: KK, Founder of HashGlobal

Translator: Jia Huan, ChainCatcher

The author has liquidated all ETH holdings. This article was published on May 24th.

Recently, I read an article arguing that Ethereum would be the biggest winner if the US Clarity Act were passed.

The core argument is that ETH could become the only asset under the US regulatory framework that simultaneously possesses the attributes of a "decentralized digital commodity" and a "programmable smart contract platform." Therefore, ETH's valuation framework should shift from a network revenue logic to something similar...

Hash Global Founder: Why did I also choose to liquidate all my ETH?

April Personal Consumption Expenditures (PCE) inflation matched the 3.8% year-over-year forecast, its highest reading since May 2023. Bitcoin (BTC) slid toward $73,300 as the print pushed the Fed’s pr...