Crypto Markets Have Seen $12B of Net Inflows This Year, JPMorgan Says
Most of the $16 billion inflow into spot bitcoin ETFs since their launch likely came from existing digital wallets on exchanges, the report said.
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Bitcoin
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ERCOT CEO: Texas’ Power Grid Needs Larger Increase Than Expected to Handle AI, Bitcoin Mining
The Electric Reliability Council of Texas’ CEO said in Senate testimony that the state’s grid capacity will need to double in the next decade to handle demand, while the Lieutenant Governor of Texas says more scrutiny is coming for this industry.
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Stick With Bitcoin, Avoid Ether, 10x Research Says After Fed Predicts Just One Rate Cut For 2024
ETF inflows resumed Wednesday as U.S. inflation came in lower-than-expected.
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First Mover Americas: Bitcoin Stabilizes Amid Further ETF Outflows
The latest price moves in crypto markets in context for June 12, 2024.
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Trump: We Want All Remaining Bitcoin to Be Made in USA
Early Tuesday Trump met executives from Nasdaq-listed bitcoin mining firm CleanSpark Inc. and Riot Platforms.
Financial
Explaining Bitcoin’s Dull Price Action Amid Record ETF Inflows
Most ETF inflows are likely part of a non-directional strategy, not outright bullish bets.
Financial
Bitcoin ETFs, Bankruptcy Paybacks Have Given Crypto Lending a Second Wind
Crypto lending firm Ledn survived the crypto winter by being “boring, slow and safe,” according to a co-founder.
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Big Friday Crypto Selloff Pulls Bitcoin Below $70K
Ideas about lower U.S. interest rates were foiled again and a plunge in shares of speculative favorite GameStop soured the mood in crypto.
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First Mover Americas: Bitcoin Futures Positions Top Record $37B as Analysts Predict Bitcoin Surge to $83K
The latest price moves in crypto markets in context for June 7, 2024.
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Bitcoin’s Latest Rally To $71K Is Different From the March Breakout. Here’s Why.
The latest breakout is characterized by lack of speculative froth as opposite to March and positive macroeconomic details.