The US spot Bitcoin ETF saw its first net outflow in 30 days.
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The US-based Bitcoin ETF saw its first net outflow in the past 30 days, with a single-day outflow of $292 million on October 26th. However, it has since resumed net inflows this week. (glassnode)
European Central Bank policymakers are expected to raise interest rates on December 17, increasing the deposit rate to 2.75% to combat inflation, before pausing further rate hikes as rising bond yields are anticipated to drag on economic growth and dampen inflation (Source: Reuters).
Binance - HYPE is currently priced at $94.07, up 17.71% in the last 24 hours. 24-hour trading volume was $5.2 billion, representing a 259.67% increase. (For reference only.)
Situational Awareness is raising funds from investors to participate in a new funding round for cloud computing startup Fluidstack, which values the company at $40 billion, roughly double its valuation a few months ago. The co-investment mechanism allows clients to invest in specific deals alongside investment firms, and other investors have also received invitations to participate in this Fluidstack funding round.
Binance - PEPE/USDT price hit a nearly six-month high, currently trading at $0.00000539, up 8.87% in the last 24 hours, with a trading volume of $120 million.
After reaching a new high, a price correction is highly likely. (AiCoin Research Institute)
A study by quantum computing company Alice & Bob estimates that a fault-tolerant quantum computer with approximately 29,600 physical qubits could solve the 256-bit elliptic curve cryptography problem used by Bitcoin in about one hour. This research uses the cat-qubits technique, and the results are theoretical resource estimates; existing quantum computers do not yet possess this capability. If a sufficiently powerful quantum computer becomes available in the future, approximately 6.9 million Bitcoins would be at risk due to their public keys being publicly available. (Source: Bitcoin.com News)