Bitcoin ETFs hit by record $671.9M outflows in 1 day

The US Fed’s decision to cut interest rates was just “catching up to market expectations,” as an analyst argues a lot of the added “juice” was already priced in the riskier assets.

Keep an eye on Caroline Ellison's revelations on the FTX-Binance war, along with the latest U.S. court ruling on a Bitcoin ETF by Editorial Staff 7 min October 14, 2023 Share Share Share Share Top Stories This Week Caroline Ellison wanted to step down but feared a bank run on FTX Caroline Ellison, former CEO

What will happen to the crypto markets when quantitative tightening takes full effect and the Federal Reserve shelves the money printer? 703 Total views 13 Total shares The Federal Reserve is starting the process of paring back its $9 trillion balance sheet that ballooned in recent years in a move called Quantitative Tightening (QT). Analysts from…

The crypto market has been brutalizing of late – but many traders don’t realize that there is a plethora of financial instruments out there. Each offer investors a new way to back crypto, without relying on the highs and lows of cryptocurrency prices in an erratic and volatile market.But what are these alternatives – and…

The collaboration will have both parties researching the offline capabilities of CBDC issued by South Korea’s central bank. 124 Total views 3 Total shares Tech giant Samsung Electronics has reportedly partnered with the South Korean central bank to conduct research on central bank digital currency (CBDC) for offline payments.On May 15, South Korea’s central bank…

The price of Bitcoin hit $10,463 on BitMEX, slightly below the previous peak in June. But two indicators are signaling a BTC cool-off: TD9 and exchange inflows.The price of Bitcoin tests a crucial resistance level. Source: Raoul PalThe TD9 is a trend-reversal indicator that is a part of the TD sequential system. It typically indicates…

Japanese financial giant SBI Group has created a dedicated subsidiary that will manufacture cryptocurrency mining chips, the company confirmed in a notice on March 22.SBI, which has launched spin-offs covering various aspects of the cryptocurrency industry, now says it wishes to expand its influence in the mining sector through the creation of SBI Mining Chip…