Sidhartha Shukla

Bitcoin's biggest institutional sources of demand are faltering at the same time, leaving the cryptocurrency increasingly exposed as exchange-traded fund investors pull money at a record pace and questions persist over the financing playbook behind its largest corporate buyer.

The oil industry has spent more than a century pushing into new frontiers. Its engineers pulled crude from beneath deserts, oceans and frozen tundra. Its traders built markets that turned oil into the world’s most actively traded commodity.

Add Fortune on Google for similar content. The oil industry has spent more than a century pushing into new frontiers.

US-listed Bitcoin exchange-traded funds posted their strongest weekly inflows since April, in the wake of a hack that brought renewed focus on the risks of safeguarding digital assets.

US-listed Bitcoin exchange-traded funds posted their strongest weekly inflows since April, in the wake of a hack that brought renewed focus on the risks of safeguarding digital assets.

Offline doesn’t mean invulnerable.

A short squeeze, falling US bond yields and renewed institutional inflows have fuelled the cryptocurrency's sharp rebound.

Bitcoin continued its rally on Friday, putting the token on track for its best weekly gain in more than three years.

Digital-assets exchange Kraken said some customers were temporarily locked out of their accounts after tiny amounts of cryptocurrency were sent to them from a wallet linked to sanctioned rival HTX.

(Bloomberg) -- Bitcoin's rally is running into resistance at the psychologically important $80,000 level as traders await key US monetary policy signals to gauge whether the past week's gains have room to run.