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Bitcoin has ‘largely purged’ froth that preceded 50% drop from $126K: BlackRock

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Bitcoin maintained its appeal as a diversification investment despite dropping more than 50% from all-time high, a BlackRock report stated.

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Coin Market

Crypto generated about 1% of Webull’s record $198M Q2 revenue

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While Webull reported a record $198 million in second-quarter revenue, cryptocurrency trading only generated about $2.25 million of the quarter’s revenue stream.

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Coin Market

Bitcoin ETFs draw $517M in largest one-day inflow since early May

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Investors have poured more than $1 billion into US spot Bitcoin ETFs this week as BTC neared $72,000 and Ether climbed 19% to about $2,286 on Thursday.

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Coin Market

Crypto short liquidations pass $3B mark as Bitcoin price nears $72K

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Bitcoin approached $72,000 in a second day of upside as crypto short liquidations passed $3.1 billion.

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