Crypto products post $726M outflows amid rate cut uncertainty
CoinShares expects that a 50-basis-point cut is more likely if inflation comes in below expectations in the upcoming inflation report on Sept. 10.
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CoinShares expects that a 50-basis-point cut is more likely if inflation comes in below expectations in the upcoming inflation report on Sept. 10.
Digital asset investment products faced significant outflows, primarily from the US, amid interest rate cut uncertainty, while Europe showed resilience. (Read More)
Ether price continues to plunge as troubled investors worry about the lack of spot Ether inflows, declining Ethereum network fees and a potential tech stock bubble bursting.
Investors piled into Bitcoin investment funds and crypto ETPs, with more than $1 billion in inflows over the last week.
NFT transactions dropped 32% from 7.3 million in August to 4.9 million in September.
It aims to bring institutional-grade security to wrapped BTC.
BlackRock, ARK 21Shares and Fidelitys Bitcoin products led the way with $499 million, $289.5 million and $206.1 million in inflows, respectively.
Bitcoin has surged past $65,000, boosted by Chinas stimulus measures and stablecoin inflows.
Bitcoin has been the subject of recent media attention, not only due to its price increase above $65,000 but also due to the extraordinary inflows into spot Bitcoin ETFs. These inflows, according to Farside Investors, have reached a remarkable $365 million as of September 26, 2024, which is indicative of the increasing institutional interest in [...]
The post Bitcoin Breaks $65K With $365 Million In Spot ETF Inflows Fueling The Rally appeared first on Crypto Breaking News.
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Bitcoin price is back above a key resistance level, but are there sufficient bullish catalysts to sustain the current rally?
CoinShares expects that crypto investment products will become increasingly sensitive to interest rate expectations in September.
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Inflows to crypto investment products rose over the past week, but Ethereum continues to lose investors interest.
Flowcarbon refunds investors after its planned Goddess Nature Token launch fails due to market challenges and regulatory resistance. (Read More)
Bitcoin must hold above the $50,000 mark until the Sept. 18 Federal Reserve meeting to avoid more downside.
The Bitcoin ETF from iShares saw a rough entry into the week, with the asset down by 14%, yet according to market analysis, no one budged.
Crypto ssts hv xprincd dclin, ccording to CoinShrs’ ltst rport indicting shift in invstor sntimnt. For th first tim in month, th crypto mrkt hs sn nt outflow of $528 million, drivn by frs of potntil US rcssion, rising gopoliticl tnsions, nd widsprd sll-offs cross sst clsss. Exchng-trdd products (ETPs) […]
Crypto traders appear to agree that todays market rout is far from over.
Circle announces the discontinuation of USDC support on the Flow blockchain due to an upcoming network upgrade, effective September 3, 2024. (Read More)
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