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Bitcoin ETF inflows highest in a month as Bitcoin hovers near $63K

Investor interest in Bitcoin continues to surge as the cryptocurrency nears the $63,000 mark, fueled by substantial inflows into Bitcoin Exchange-Traded Funds (ETFs).

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Investor interest in Bitcoin continues to surge as the cryptocurrency nears the $63,000 mark, fueled by substantial inflows into Bitcoin Exchange-Traded Funds (ETFs).

The latest data reveals a significant uptick in investments flowing into Bitcoin ETFs, reflecting growing confidence among institutional and retail investors in the digital asset. This influx of capital underscores Bitcoin’s status as a preferred choice for investors seeking exposure to the cryptocurrency market.

Bitcoin’s ascent towards the $63,000 threshold comes amidst favorable market conditions and increasing mainstream adoption. The cryptocurrency’s resilience and potential as a store of value continue to attract attention, driving heightened trading activity and investment inflows into related financial products such as ETFs.

The surge in Bitcoin ETF inflows highlights a broader trend towards institutional adoption and acceptance of digital assets within traditional financial frameworks. This trend is bolstered by regulatory developments that are gradually facilitating easier access to cryptocurrency investments for institutional investors.

As Bitcoin’s price nears significant milestones, market observers anticipate continued volatility and heightened trading volumes. The cryptocurrency’s performance in ETF markets serves as a barometer for broader investor sentiment and market dynamics within the digital asset space.

The ongoing influx of capital into Bitcoin ETFs underscores a growing recognition of Bitcoin’s potential to serve as a diversification tool and hedge against inflationary pressures. This trend positions Bitcoin ETFs as pivotal vehicles for investors seeking exposure to the burgeoning cryptocurrency market.

Looking ahead, industry analysts and investors remain optimistic about Bitcoin’s trajectory, buoyed by increasing institutional participation and evolving regulatory clarity. The convergence of these factors is expected to further propel Bitcoin’s ascent and solidify its role in global financial markets.

Stay tuned as Bitcoin continues to navigate towards higher price thresholds, with ETF inflows serving as a pivotal indicator of investor sentiment and market momentum in the evolving digital asset landscape.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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