Nearly 50% of U.S. Investors Plan to Invest in Crypto ETFs: Charles Schwab Survey
Crypto was the leading asset class among millennial ETF investors, topping even stocks and bonds, the survey showed. U.S. investors are very much keen on…
Category: News
Crypto Majors BTC, ETH, XRP Little Changed as HBO Calls Peter Todd the Bitcoin Creator
A compelling expose could have impacted bitcoin and the broader market’s prices, but the crypto community is largely brushing off HBO’s hyped documentary. Bitcoin (BTC) remains little…
Bitcoin, Asian Equities May Be Losing Capital to China Stocks
Even with a 3-5% cost to convert [stablecoin] USDT into equities, the potential upside of 50-70% in China’s stocks makes this a strategic move, one…
Bitcoin Regains $61K in Worst Start to Most Bullish Month as Israel-Iran Tensions Rage On
Global equities and risk assets such as bitcoin took a hit Tuesday as Iran launched missiles on key Israeli locations, with the latter threatening retaliation…
Key Indicators Challenge Fed’s ‘Normalization’ Rate Cut That Torched Bitcoin Rally
The post-Fed risk-on rally supports the normalization narrative, but some indicators disagree, suggesting caution to bulls. Since the U.S. Federal Reserve (Fed) cut rates by 50 basis…
Bitcoin Could Surge Thanks to Looser Financial Conditions
A less-widely followed report from the Chicago Fed indicated the easiest conditions since November 2021 The Chicago Fed’s National Financial Conditions Index (NFCI) offers a weekly update…
Bitcoin Flounders Ahead of Friday Jobs Report That Might Push Fed to Slash Rates by 50 Basis Points
The U.S. central bank has indicated it will begin cutting the fed funds rate at its mid-September meeting, but the size and speed of the…
Fed Chair Jerome Powell Expected to Set Stage for September Rate Cut
Bitcoin remains nearly 20% below its all-time high, while U.S. stocks and gold are at or within close shouting distance of record levels. More than…
NYSE Scrubs Plan to List Bitcoin ETF Options
Other exchanges have also withdrawn their applications, but some have re-filed. The operator of the New York Stock Exchange has withdrawn its application to list…