11-20
Bitcoin Rises 2.7% to $93,000 as Spot ETFs Record $75 Million Inflows
Bitcoin climbed 2.7% to approximately $93,000 on Thursday as U.S. spot exchange-traded funds recorded $75 million in net inflows, their first positive session in five days. The rally coincided with Federal Reserve meeting minutes indicating policymakers will require additional economic data before implementing further rate cuts. Onchain analysts noted the asset remains below critical structural resistance at $107,500.
BTC
BTC+3.78%
11-20
11-19
Kraken Files Confidential S-1 for U.S. IPO at $20 Billion Valuation
Kraken has confidentially submitted a draft S-1 registration statement to the U.S. Securities and Exchange Commission, marking its formal entry into the public listing process. The California-based cryptocurrency exchange disclosed the filing days after revealing a $20 billion valuation following $800 million in recent funding rounds. The confidential submission does not disclose timing, share count, or pricing details for the potential offering.
11-19
11-19
Bitcoin Holds Above $91,000 as Retail Selling Accelerates and Options Markets Price 50% Chance of Year-End Close Below $90,000
Bitcoin maintained support above $91,300 as retail investors accelerated selling while large holders continued accumulating. Options markets now assign a 50% probability that BTC closes the year below $90,000, according to Derive.xyz data. Analysts characterize the current drawdown as a short-term consolidation rather than a cycle-ending breakdown.
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BTC
BTC+3.78%
11-19