ETF flows remain negative: BTC ETFs (-$523 million) and ETH ETFs (-$422 million) recorded back-to-back sessions with zero inflows; combined >$1.2 billion outflows this week signal ongoing institutional rotation.
Profit-taking pressure: Long-term holders (>1m) across BTC, ETH, SOL, XRP, TRX continue to lock in historic profits, reinforcing broad distribution.
BTC market structure weakens: Price retreated to the $114K air gap, Spot CVD negative, RSI cooled; thin liquidity until $112K.
Open Interest pulled back after extremes, but funding bias remains long; options skew shows persistent demand for downside protection.
User activity and fees softened; realized capital flows slowed; yet transfer volumes spiked, suggesting reactive capital movement during periods of volatility.
Hammack’s call for smaller, faster Fed rate moves has done little to revive Bitcoin’s rally. With ETF outflows accelerating, miners selling and $85,230 resistance holding firm, the market needs a reversal in liquidity—not just a slower pace of tightening.
The move extends app-store restrictions first imposed in March 2025 to the web, and the regulator says it no longer needs evidence of user harm before ordering a block once an operator is confirmed as unregistered.
A global entrepreneurship study finds women founders increasingly out-innovating their male peers on AI adoption, even as investors and caregiving demands keep pulling them out of the race to scale.
The Dubai licence completes a process that began with preliminary approval in May and brings Kraken into a market where Binance, OKX and Bybit already operate under VARA, with derivatives still awaiting sign-off.
