U.S. CPI Softer Than Expected at 0.3% in April; Bitcoin Rises to $63.7K
In a year of mostly bad news on inflation, the government’s Wednesday report gave some hope that Fed rate cuts might still be on the…
Category: News
State of Wisconsin Buys Nearly $100M Worth of BlackRock Spot Bitcoin ETF
The state’s investment board bought 94,562 shares of BlackRock’s iShares Bitcoin Trust in the first quarter of the year. The U.S. state of Wisconsin purchased…
Dogecoin Appears Headed for a ‘Golden Cross’
A DOGE price pattern that presaged the early 2021 surge looks set to recur. Dogecoin (DOGE), the world’s largest meme cryptocurrency by market value, seems headed…
First Mover Americas: Bitcoin Hovers Above $62K
The latest price moves in crypto markets in context for May 8, 2024. Bitcoin slid toward $62,000 during the Asian and European mornings on Wednesday as part…
BlackRock Bitcoin ETF sees first outflow day amid record ETF bleed
BlackRock’s ETF saw around $37 million in outflows for the first time, while the remaining spot Bitcoin ETFs collectively notched over $526.8 million in outflows.…
Bitcoin Trades Around $57K, Crypto Market Drops 6% in Run-Up to Fed Decision
BTC is down about 6.3% in the last 24 hours having dropped below the $60,000 support level late on Tuesday. Bitcoin (BTC) traded around $57,700 during the…
Crypto Investment Products Saw Outflows for a Third Consecutive Week
Interest in digital assets continues to wane, with crypto investment products seeing outflows for a third consecutive week. Investors pulled $435 million from digital…
Bitcoin, Ether Nurse Losses as U.S. Stagflation Fears Grip Market
The crypto market is balancing the threat of stagflation against a potential liquidity injection from the Treasury General Account (TGA), and the launch of Hong…
Hedera’s HBAR Doubles on Misinterpretation of BlackRock Announcement, Then Falls 25%
The market gave back some of its earlier gains after realizing BlackRock wasn’t directly involved in the tokenization on Hedera’s blockchain Sometimes the use of…
NYSE contemplates following cryptocurrency markets with 24/7 trading: Financial Times
Traditional markets could be taking a page from cryptocurrency markets as the New York Stock Exchange contemplates trading nonstop in a recent survey, according to…