Bitcoin (CRYPTO: BTC) is outperformed gold for the first time in months, surging 12% since Friday while gold fell 2% as investors poured nearly $700 million into U.S. Bitcoin ETFs in March.

The Gold Reversal

Until this week, the trend had been the opposite. Gold repeatedly hit record prices while Bitcoin tumbled more than 40% from its $126,000 peak in October. 

The shift signals changing safe haven dynamics. Bitcoin appeared stable relative to other assets during the initial Iran selloff. 

By Thursday, stocks were rebounding with Korea’s Kospi index jumping 11% and Japan’s Nikkei 225 rising 4.2%.

The $700 Million ETF Inflows

Investors poured nearly $800 million into the U.S. Bitcoin ETFs…

Read more on Benzinga

Bitcoin is holding on to $73,000 amid strong institutional demand as liquidations stand at $472.88 million over the past 24 hours.  

Bitcoin ETFs saw $155.2 million in net inflows on Wednesday, while Ethereum ETFs reported $130 million in net inflows.  

The meme coin sector also rose 0.9% to $32.8 billion.

Trader Commentary: Trader Jelle noted that Bitcoin is still following a structure like the 2022 bear market pattern. If that analogy holds, the market could see one more downward move before a sustained recovery.

Degen Hardy believes Bitcoin invalidated a bear pennant but may now be forming a bear flag. He still views the overall structure cautiously and wants stronger confirmation…

Read more on Benzinga

Bitcoin (CRYPTO: BTC) staged a strong relief rally on Wednesday, but the big question on every investor’s mind remains: Is this the bottom for the world’s leading cryptocurrency?

Bitcoin Bottom Still Not In?

Michael Terpin, CEO of Transform Ventures and author of the book “Bitcoin Supercycle,” told Benzinga the market is “knee-dip” into “Bitcoin Fall” after the bubble popped in early October.

For context, Bitcoin peaked at $126,000 on Oct. 7 but has since crashed more than 42%. The apex cryptocurrency came perilously close to sinking below $60,000 early last month.

“Historically, it takes a full year to reach ‘capitulation,’ the point where all of the short-term…

Read more on Benzinga

Silicon Valley investor Chamath Palihapitiya is signaling a massive shift in the global financial landscape, claiming that the integration of “X Money” will transform the social platform into a dominant financial system.

The End Of Traditional Banking?

The commentary follows a detailed analysis from Teslaconomics, which outlined Elon Musk’s progress in turning X into a “one-stop” financial hub.

Responding to these developments, Palihapitiya noted that the true value lies in the platform’s social graph. “If even 10% of this is true,” Palihapitiya stated, “your identity on X becomes a crucial financial asset.”

He suggests that as X integrates banking features, an…

Read more on Benzinga

 If you’re a crypto casino player, you already know what matters most -fast payouts, secure transactions, real bonuses, and a platform that actually understands digital currency users. That’s exactly why so many players are turning to Thunderpick.

In this article, we break down everything you need to know before signing up. From its crypto-friendly payment methods and withdrawal speeds to the latest welcome offers, ongoing promotions, and key features, we cover it all in detail. You’ll also learn how its payout system works, what coins are supported, how secure the transactions are, and whether the bonuses truly offer value for crypto players.

Whether you care most about instant…

Read more on Benzinga

Eric Trump, co-founder of the World Liberty Financial (CRYPTO: WLFI) platform, stepped up his attack on U.S. banking giants on Wednesday, accusing them of “desperately targeting” the cryptocurrency industry.

Banks Protecting Their ‘Low-Rate Monopoly,’ Says Trump

Trump took to X, lashing out at the American Bankers Association and other lobbyists who are spending “millions” to restrict yields on stablecoin balances through the cryptocurrency market structure bill, also referred to as the CLARITY Act.

“Next time you see a big bank dropping billions on a shiny new Midtown Manhattan HQ, you know exactly where that money comes from: the non-existent interest rate they “pay”…

Read more on Benzinga

Leading cryptocurrencies staged a strong relief rally on Wednesday, while the stock market also closed higher even as the Middle East war entered its fifth day.

Crypto Spike Wipes Millions In Shorts

Bitcoin rebounded to $74,000 for the first time in a month, with trading volume surging 52% over the last 24 hours. 

Ethereum teased $2,200 fueled by similar buying pressure, while XRP and Solana also rallied.

Nearly $600 million was liquidated from the market in the last 24 hours, according to Coinglass, with $477 million in bearish shorts alone wiped out.

Open interest in Bitcoin futures exploded 11.49% over the last 24 hours. Interestingly, retail derivative traders on Binance bet on an…

Read more on Benzinga