Hedge Funds on CME Turn Net Long in Bitcoin Futures
According to Ki Young Ju, CEO of blockchain data analytics firm CryptoQuant, hedge funds trading Bitcoin futures on the Chicago Mercantile Exchange have shifted from
Crypto Market Watch – A Look Ahead to the Week
Crypto markets enter the week with the near-term direction tied to whether easing U.S. inflation can keep the Federal Reserve’s interest-rate policy on hold and
Headline: BlackRock Expands Tokenized Cash Platform with New Money Market Products
Standfirst: Asset manager BlackRock has introduced two new tokenized money market products to its blockchain-based platform. Both the BlackRock Select Treasury Based Liquidity Fund (BSTBL)
Crypto Exchanges Expand into Traditional Assets with Growing Perpetual Futures Volume
In the past two years, major crypto exchanges have significantly increased their involvement in traditional finance through the introduction of perpetual futures products for stocks,
Bitcoin ETFs Draw Over $850 Million in a Perfectly All-Green Week
In the first full week of August, Bitcoin spot ETFs witnessed their best single-week inflow since mid-April, with over $853 million flowing into these funds.
Bitcoin Surges Above $65,000 Amid Rising Equities
Bitcoin reached above $65,000 for the first time since early January amid a week-long rise of nearly 3%. Ether maintained its growth rate at almost
Spot Bitcoin ETFs See Strongest Week-Since April Flows, Signal Renewed Institutional Demand
Bloomberg analyst Eric Balchunas reported this week that spot Bitcoin exchange-traded funds (ETFs) saw roughly $1 billion in net inflows for the week, marking their
US Job Growth Falls, Reducing Expectations for September Fed Rate Hike; Bitcoin Jumps Post-Data
July 2023 saw US non-farm payrolls fall by 23,000 in July, undershooting market forecasts and diminishing expectations for a September Federal Reserve rate hike. According
Bitcoin Surges Above $65,000 as US Nonfarm Payrolls Data Aids Risk Assets
The cryptocurrency market saw a significant rally above $65,000 following weaker-than-expected nonfarm payrolls data released by the Bureau of Labor Statistics (BLS). The drop in
Former Defense Secretary Esper Urges Senate to Pass CLARITY Act for National Security
The Senate is expected to vote on the CLARITY Act soon, with former US Secretary of Defense Mark Esper urging its passage. In an op-ed
