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.
The report claimed, a cash treasury supplemented with a 3% allocation to Bitcoin would have shielded companies from inflation since 2020.
A look at the lived experience of going through hyperinflation in Lebanon.
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.
Bitcoin price is back above a key resistance level, but are there sufficient bullish catalysts to sustain the current rally?
The latest 10x Research report examines macroeconomic factors and seasonal patterns hinting at a Bitcoin rally while cautioning investors on potential risks.
Gold has gained more than 5% in two weeks, reaching a record high driven by rate cuts and geopolitical tensions.
Bitcoin reached a new all-time high of $73,880 earlier in 2024, but toppling it by 2025 does not take it above 2021s inflation-adjusted value.
Bank of Canada Governor Tiff Macklem highlighted the potential risks AI poses to inflation and financial stability in the short term.
Ethers futures open interest jumps to a 20-month high, but leverage demand remains balanced.
CoinShares expects that crypto investment products will become increasingly sensitive to interest rate expectations in September.
According to veteran trader Peter Brandt, the United States dollar has lost over 90% of its value since the 1950s due to inflation.
Dragonfly Capital general partner Tom Schmidt urged crypto projects to consider whether they need venture capital funding.
Dragonflys new crypto fund will target early-stage projects in the crypto space. Over 100 digital-asset startups are part of the firms portfolio.
Should the Turkish government pass new amendments, all cash payments above $205 would be subject to fines of 10%.
Bitcoins perpetual funding rate shows lack of confidence from bulls, but options markets are displaying resilience.
The higher-than-anticipated US core Consumer Price Index (CPI) reading was followed by a decline in Bitcoin (BTC) price as it tumbled almost 1.5% to $56,168 at press time. US Headline CPI Matches Forecast, Core CPI Exceeds It US headline CPI, the metric typically used to assess the inflation rate in the country, came in according [...]
The post Bitcoin Tumbles Following Higher Than Anticipated US Core Inflation Data appeared first on Crypto Breaking News.
Bitcoin must hold above the $50,000 mark until the Sept. 18 Federal Reserve meeting to avoid more downside.
Ethereum (ETH) has turned inflationary in Q2 2024, adding 75,301 ETH to the network, marking a significant shift from its deflationary trend since late 2022. (Read More)
Conflux (CFX) v2.4.0 network hardfork upgrade, featuring CIP-1559 activation, has been successfully completed. CIP-136 will be enabled by Aug 13. (Read More)
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