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Bitwise CIO: Bitcoin’s price has shown little reaction to multiple recent bearish headwinds, suggesting it may have already bottomed out.

52 minutes ago

Bitwise CIO Matt Hougan told Bloomberg in an interview that Bitcoin may have reached the bottom of its bear market, as recent negative developments—including the Coldcard wallet hack, Strategy Inc.’s Bitcoin sales, and stalled progress on the CLARITY Act—have failed to trigger a meaningful price drop. Hougan noted that the market’s ability to brush off bad news is a sign the bear market is ending, and he anticipates the approval of crypto ETFs by wealth management platforms and institutional inflows will serve as a catalyst for the next stage of upward momentum.

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Yesterday, Bitcoin ETFs posted a net outflow of $61.1 million, while Ethereum ETFs reported a net inflow of $7.4 million.

According to monitoring by Farside Investors, U.S. spot Bitcoin ETFs recorded a net outflow of $61.1 million yesterday, with IBIT seeing a net outflow of $14.3 million and FBTC a net outflow of $46.8 million. U.S. spot Ethereum ETFs posted a net inflow of $7.4 million, all of which came from ETHA.

1 seconds ago

A French residential property was broken into three times after its former owner was revealed to be a crypto millionaire, with two robbers sentenced.

A residence in France’s Somme department was targeted by three groups of robbers in less than a month, who demanded cryptocurrency ransom from the current owner. The incident stems from the former resident’s past crypto wealth, as their financial information was allegedly leaked to the dark web. Notably, the current owner does not hold the relevant crypto assets, and one of the robberies even resulted in the victim being bound and beaten. Two men involved in the third break-in have recently been sentenced to 3 years and 18 months in prison respectively. (Protos)

1 seconds ago

Harmony: Rollback plan is being advanced, minting vulnerability fix activated

L1 public blockchain Harmony tweeted that it is advancing a rollback plan and has reached an agreement with validators and exchanges on the specific implementation path. The fix for the minting vulnerability has been activated, and the full list of attacker wallets will be released soon. Earlier reports noted that the number of abnormally minted ONE tokens on the Harmony network exceeded 3 trillion, involving six anomalous blocks.

1 seconds ago

Crypto whale DoshiAtoll increased its 40x leveraged Bitcoin short positions to 2,135 units, becoming the largest short position holder on Hyperliquid.

Per Lookonchain’s monitoring, whale DoshiAtoll has added to its 40x Bitcoin short position, lifting it to 2,135 BTC worth nearly $136 million — making it the largest short position on Hyperliquid. The short’s liquidation price is $64,592.3, with an average entry price of $63,851.

1 seconds ago

Gambler 0x66f8 keeps adding to his $BTC short, which has now grown to 2,136 $BTC($136M), making him the largest on-ch...

Gambler 0x66f8 keeps adding to his $BTC short, which has now grown to 2,136 $BTC($136M), making him the largest on-chain $BTC bear. Liquidation price: $64,592.3

1 seconds ago

Address poisoning is everywhere. Always double-check the wallet address before sending funds, and never copy an addre...

Address poisoning is everywhere. Always double-check the wallet address before sending funds, and never copy an address from your transaction history. Another victim copied a wallet address from the transaction history and sent funds without double-checking, losing $100K!

1 seconds ago

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