The firm commented that, while flows associated with digital asset treasury companies had reached huge levels of crypto investments in August, these numbers have plummeted, evidencing the lack of interest that institutions have in crypto amidst the ongoing market carnage. Delphi Digital Highlights Institutions Opted out of Crypto as the Market Carnage Grows The Facts
CME FedWatch now implies better than 70% odds that the Federal Reserve will cut rates by 25 basis points at its Dec. 9-10 meeting, dropping the target range from 3.75%-4.00% to 3.50%-3.75%. That marks a dramatic intraday reversal on Nov. 21, when New York Fed President John Williams told reporters the Fed can still trim
Bitcoin’s sharp break below key support levels, along with double-digit losses across major altcoins, has brought one of the crypto market’s most vocal critics back into the spotlight. Veteran economist and gold advocate Peter Schiff is making waves again with his sharp critique of Bitcoin, warning that the only realistic way for BTC bulls to
Bitcoin has continued to show no signs of recovery as its price continues to retest its multi-month lows, sparking doubts across the crypto community. On Saturday, Nov. 22, popular crypto analyst Ali Martinez revealed data showing that Bitcoin’s on-chain metrics have continued to witness growing sell pressure. According to the data, more than 20,000 BTC
Key Takeaways Nearly $2 billion in leveraged Bitcoin long positions are at risk of liquidation if price falls to $80,000. The current exposure reveals high-risk concentration within Bitcoin’s derivatives markets. Bitcoin traders are facing heightened liquidation risk, with nearly $2 billion in leveraged long positions vulnerable to forced selling if the cryptocurrency’s price falls to
The ongoing Bitcoin (BTC) price correction is now evident in flows involving exchange-traded funds (ETFs) for the asset. In this context, BlackRock’s iShares Bitcoin Trust (IBIT) has recorded one of its sharpest weekly reversals to date, with more than $1 billion in net Bitcoin outflows over the past five trading days. Data from November 17
President Donald Trump’s son Eric Trump on Friday said allegations coming from Capitol Hill over his company World Liberty Financial helping sanctioned countries like Russia and North Korea launder money are “absolutely laughable.” According to the interview, Eric said, “We know your customer. Every single person that buys a token from us is verified. Give
Iran has reiterated its resolve to focus on digital development despite war and sanctions from the West. Seyed Sattar Hashemi, Minister of Information and Communications Technology (ICT), delivered the remarks at the opening ceremony of the high-level session of the World Telecommunication Development Conference (WTDC-25) in Baku. Discussing Iran’s advances in information and communication technologies,
Binance founder Changpeng Zhao has sparked hilarious reactions across the crypto community after trolling Jim Cramer in his latest interview with CNBC on Bitcoin. The event saw Jim Cramer express fresh doubts about Bitcoin amid the prolonged price correction, saying, “I don’t think everything is fine with Bitcoin.” CZ reacted to this with a simple
The Coinbase Bitcoin Premium Index, which measures the price gap between bitcoin on Coinbase and the global market average, has fallen to a negative divergence of -0.15%, the widest since Q1 this year. A negative reading of the index means bitcoin is trading cheaper on Coinbase, signalling weakness in U.S. demand, selling pressure and waning