Hawkish Fed Stance Deters Investors from Crypto Market
Between March 16 and 20, market participants invested $230 million in cryptocurrency investment products, significantly lower than in previous weeks, noted CoinShares.
Hawkish Fed Stance Deters Investors from Crypto Market
Between March 16 and 20, market participants invested $230 million in cryptocurrency investment products, significantly lower than in previous weeks, noted CoinShares.
Scaramucci calls Bitcoin’s plunge a routine cycle correction
SkyBridge’s Anthony Scaramucci expects a new bitcoin bull market to start in the fourth quarter of this year.
BIS: Retail Investors Acquire $70 Billion in Gold ETFs Over Six Months
While institutional players were exiting gold, retail investors were purchasing it through ETFs in record volumes, according to BIS.
Bhutan’s Sovereign Fund Withdraws Over $70 Million from Bitcoin Reserves
The Royal Government of Bhutan has transferred 973 BTC, valued at approximately $72.32 million, to several addresses, according to Arkham Intelligence data.
Crypto Funds Attract Over $1 Billion in a Week
Between March 9 and 13, inflows into cryptocurrency investment products reached $1.06 billion. This positive trend has continued for the third consecutive week.
Bitcoin Tests Resistance at $74,000
On March 16, the price of the leading cryptocurrency broke through resistance, reaching $74,450. The market was bolstered by capital inflows into spot ETFs.
BlackRock Launches Ethereum ETF with Staking Feature
On March 12, trading commenced on Nasdaq for BlackRock's income-generating Ethereum-ETF. The turnover reached $15.5 million, noted Bloomberg analyst James Seyffart.
Options traders bet on bitcoin hitting $80,000
Bitcoin has steadied around $70,000 after a bout of volatility. Options markets are eyeing $80,000 by early summer.
Bitfinex Analysts Identify Oil Prices as Key Driver for Bitcoin’s Course
The future trajectory of the leading cryptocurrency hinges on oil prices, bond yields, and Fed policies. Developments within the crypto industry have taken a back seat.
Kraken Launches Platform for Trading Tokenized Apple and Nvidia Shares
The cryptocurrency exchange Kraken has launched the on-chain platform xChange for trading tokenized assets xStocks from the Backed project.We use cookies to improve the quality of our service.
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