Bitcoin and ether ETFs experienced significant outflows, resulting in a 
combined loss of $1.84 billion over the week. Solana ETFs, however, continued 
their upward momentum, securing another week of inflows despite broad market 
weakness. Another Red Week for BTC and ETH ETFs as Solana Holds Its Winning 
Streak Some weeks unfold slowly; others tell the […]

ETF Weekly: Bitcoin, Ether ETFs Bleed $1.8 Billion as Solana Stays Green

Digital asset investment products recorded $2 billion in outflows last week, 
marking the heaviest weekly withdrawals since February, according to industry 
data. The outflows extended a three-week decline to $3.2 billion, driven by 
monetary policy uncertainty and selling pressure from…

Digital asset products see billions in outflows amid volatility

SGX is aiming to capture rising institutional crypto demand by launching the 
second set of Bitcoin and Ether perpetual futures products in Singapore.

Singapore’s SGX to launch Bitcoin and Ether perps as institutional demand climbs

Crypto analyst Colin has revealed that the Bitcoin price has flashed a death 
cross, which he noted was bullish for the flagship crypto. This comes amid 
BTC’s recent decline, which has erased all its year-to-date (YTD) gains. 
Bitcoin Price Flashes Death Cross, Marking Potential Bottom In an X post, 
Colin stated that a death cross just flashed for the Bitcoin price, with the 
“ironically” bullish indicator triggering at the same time that BTC tagged the 
lower boundary of its megaphone pattern. The analyst noted that this is a 
bullish setup from this point forward, as the death cross often marks bottoms. 
He indicated that this is likely the bottom, as BTC has ended at the lower end 
of the megaphone pattern channel. Related Reading: Bitcoin Price Won’t Crash 
To $92,000, Here’s Why Colin remarked that these factors combined indicate a 
high likelihood of a move up for the Bitcoin price from its current level. He 
added that a bounce is likely in the short term. However, the analyst noted 
that the bigger question is whether this would be a bounce to new all-time 
highs (ATHs) or just a relief rally on the way down in a bear market. 
Regardless of what happens, he is optimistic that an upward move will occur in 
the short term. Colin also alluded to the fact that the Federal Reserve will 
end quantitative tightening (QT) by December, a move which he described as 
another bullish catalyst for the Bitcoin price. This move is expected to 
inject more liquidity into the BTC and possibly spark higher prices for the 
flagship crypto. The Fed could also cut rates again at the December FOMC 
meeting, which would be a bullish catalyst for Bitcoin. Another Analyst 
Confirms Death Cross Popular crypto analyst Benjamin Cowen also confirmed that 
the Bitcoin price just had a death cross. He noted that prior death crosses 
have marked local lows in the market. However, he added that the death cross 
rally fails when the cycle is over, which could be the case this time if the 
bull market is over. Related Reading: Why Are The Bitcoin, Ethereum, And 
Dogecoin Prices Down Again? Cowen stated that the time for the Bitcoin price 
to bounce if the cycle is not over would start within the next week. The 
analyst further remarked that if no bounce occurs within one week, another 
dump is likely before a larger rally back to the 200D SMA, which he claimed 
would mark a macro lower high. Meanwhile, market analyst Subu Trade shared 
data on how BTC has reacted after historical death crosses. The last death 
cross occurred in April this year, and the flagship crypto recorded a 22% gain 
following it. At the time of writing, the Bitcoin price is trading at around 
$95,100, down in the last 24 hours, according to data from CoinMarketCap. 
Featured image from Pngtree, chart from Tradingview.com

Bitcoin Price Just Flashed A Death Cross, But It’s Not What You Think

This venture could set a precedent for integrating blockchain in luxury real 
estate, potentially transforming investment and ownership models.
The post Trump Organization partners with Dar Global to launch tokenized 
resort in Maldives appeared first on Crypto Briefing.

Cryptocurrency price in THB