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Pi Network (PI) Distributes Record Airdrop But Indicators Show Weak Momentum
Pi Network (PI) Distributes Record Airdrop But Indicators Show Weak Momentum

After the largest crypto airdrop in history, Pi Network faces weakening momentum. Discover the key technical indicators to watch.

BeInCrypto·2025/02/20 17:00
Vitalik Buterin Backs Argentina’s Crypto Community After the LIBRA Scandal
Vitalik Buterin Backs Argentina’s Crypto Community After the LIBRA Scandal

Vitalik Buterin remains hopeful about Argentina's crypto future despite the LIBRA controversy. His Devconnect proposal sparked Milei's interest.

BeInCrypto·2025/02/20 16:48
Flash
  • 16:43
    Bitcoin Spot ETFs Total Net Outflows of $1.139 Billion Yesterday Reached a Record High
    According to SoSoValue data, Bitcoin spot ETFs saw total net outflows of $1.139 billion yesterday (25 February EST). GBTC, the Grayscale ETF, saw a net outflow of $66,143,400 in a single day yesterday, and GBTC's historical net outflow now stands at $22,232 million. The Grayscale (Grayscale) Bitcoin Mini-Trust ETF BTC had a single-day net outflow of $85,762,800, and the total historical net inflow of Grayscale Bitcoin Mini-Trust BTC is currently $1.107 billion. As of press time, the total net asset value of the Bitcoin Spot ETF is $101.012 billion, the ETF's net asset ratio (market capitalisation over the total market capitalisation of Bitcoin) stands at 5.78%, and the cumulative historical net inflows have reached $37.878 billion.
  • 16:42
    SAFE falls briefly to touch 0.42USDT, down 8.64% in 24H
    The market showed that SAFE fell to 0.42 USDT in short term and now recovered to 0.4539 USDT, down 8.64% in 24H, or due to the impact of CEX's hacking forensics report.
  • 16:01
    Standard Chartered: Further ETF Outflows Could Drive Bitcoin Price Lower
    Geoff Kendrick, Global Head of Digital Asset Research at Standard Chartered, has warned that continued outflows from the Bitcoin Spot ETF could drive the cryptocurrency's price lower, reports The Block. This comes after the ETF saw one of its largest one-day outflows on record yesterday, selling nearly $1 billion, continuing a trend of significant outflows over the past few weeks. I don't think the sell-off is over yet, with net ETF buying now losing about $1.3 billion since the U.S. election,’ he said. Since then, the average purchase price using the daily bitcoin closing price has been $97,000.’
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