Bitcoin ETFs recorded $394.68 million in net outflows on January 16, ending a 
four-day inflow streak that brought $1.81 billion into the funds. BlackRock&#8217;s 
IBIT posted the only inflows at $15.09 million, while Fidelity&#8217;s FBTC led 
redemptions with $205.22 million…

Bitcoin ETFs turn red after four days of inflows, post $394.68M outflow

White House tensions with major crypto players are putting landmark U.S. 
crypto legislation at risk, as internal frustration, banking pressure, and 
stalled negotiations threaten to derail a market structure bill shaping the 
industry’s regulatory future. Trump Administration Said to Reconsider Crypto 
Support Rising friction inside Washington is threatening progress on crypto 
legislation, as the White […]

White House Considers Pulling Crypto Bill Support if Negotiations Fail: Report

Steak &#8216;n Shake&#8217;s Bitcoin strategy may inspire other businesses to integrate 
cryptocurrency, potentially reshaping payment systems globally.
The post Steak &#8216;n Shake adds $10 million in Bitcoin to its strategic reserve 
appeared first on Crypto Briefing.

Steak ‘n Shake adds $10 million in Bitcoin to its strategic reserve

The price of Bitcoin began the new week on an exciting move to the upside. The 
premier cryptocurrency recorded a price ascent of about 9%, reaching a high of 
over $97,000 and falling just short of its past six-figure valuation. 
Interestingly, a recent on-chain revelation shows that an underlying change 
was simultaneously taking place as the price of Bitcoin soared on the charts. 
Are The BTC Bulls Back In Control? In a January 16 post on social media 
platform X, crypto analyst Darkfost revealed a notable shift in the on-chain 
power dynamics, saying that the bulls are seemingly back in control. The 
relevant indicator here is the BTC Net Taker Volume, which tracks which of the 
buyers or sellers is more aggressive in the market. The metric does so by 
measuring the net difference between buy and sell market orders executed on 
derivatives exchanges. Related Reading: Bitcoin Breaks Free From The Current 
Range — $107,000 Now The Level To Watch Before this recent shift, the net 
taker volume had fallen into deep negative territory, reaching a bottom of 
about –$489 million. Due to the lack of demand in the market over that period, 
the price of BTC continued to fall as selling pressure grew. However, this 
market scenario has shifted, as of Friday, January 16th. The Bitcoin Net Taker 
Volume now records a positive reading, with more than $39 million in buy-side 
volume from the futures market. This means BTC traders are becoming 
increasingly interested in opening long positions — and aggressively at that. 
Historically, an increasing buying interest among participants of the futures 
market typically signals rising bullish sentiment. In turn, upward price 
pressure increases through leverage, leading to amplified short-term price 
moves if sustained. Bitcoin Market Outlook Darkfost further explained that, 
although there are signs that Bitcoin ETF inflows might be picking up 
slightly, it remains that spot buying is yet to gain enough strength to 
sponsor a decisive bullish move. As a result, all eyes fall on derivatives 
activity, as it currently serves as support for the Bitcoin price. Ultimately, 
the present scenario is best interpreted as the end of bearish pressure, 
rather than a blatant structure shift. However, in the event that net taker 
volume continues to grow positively, the narrative could shift from dwindling 
bearish pressure to mounting bullish momentum. Till then, market participants 
are advised to deal cautiously until it is confirmed that the derivatives- 
sponsored momentum is sustainable for the flagship cryptocurrency&#8217;s growth. As 
of press time, the price of Bitcoin stands at about $95,357, with 
insignificant movement over the past day. Related Reading: Bitcoin Rally 
Accompanied By ‘Very Bullish’ Whale-Retail Behavior, Santiment Says Featured 
image from iStock, chart from TradingView

Bitcoin Net Taker Volume Finally Flips Positive — Why This Shift Matters

If bitcoin had a theme song today, it’d be “Can’t Stop, Won’t Stop”—except, 
maybe it might stop to catch its breath. Trading in a narrow intraday range, 
the asset has taken a breather above the $95K threshold, forming what might be 
a bullish flag waving at momentum. The market’s pulse? Steady with a chance of 
[…]

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