Bitcoin ETFs: Sell-Off Signals and the Next Halving Hype

TL;DR Summary
Bitcoin faces selling pressure following the debut of spot exchange-traded funds in the U.S., with Binance traders leading the pullback. Hong Kong-based HashKey Group meets its $100 million fundraising target, reaching a valuation of $1.2 billion. Circle reports a surge in remittances flowing through Asia via its USDC stablecoin, highlighting its use beyond speculative trading. The Asia-Pacific region accounts for 29% of global digital currency value received, with remittance transfers being a significant factor.
- First Mover Americas: Binance Traders Led “Sell-The-Fact” Pullback in Bitcoin CoinDesk
- Bitcoin inches up while leading ETFs slide further down in pre-market trading CryptoSlate
- Streetwise: The Trouble With Bitcoin ETFs The Wall Street Journal
- Will the Next Bitcoin Halving Be Another Hype Cycle? CoinDesk
- BTC/USD Signal Today - 16/01: Bitcoin Sell-Off Continues DailyForex.com
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
2 min
vs 3 min read
Condensed
84%
474 → 74 words
Want the full story? Read the original article
Read on CoinDesk