Key Takeaways Fidelity’s FBTC recorded $132.7 million in net inflows on Oct. 14, the largest among all issuers for the day. Fidelity’s strong inflows suggest continued institutional and retail accumulation through its platform. Fidelity, a major US asset manager, saw clients purchase $132.7 million in Bitcoin on Tuesday, demonstrating continued institutional appetite for the leading
Quack AI, a well-known AI-led infrastructure provider, has collaborated with Solius AI Tech, a leading Web3 and AI solutions provider. The strategic partnership aims to broaden the reach of AI-led infrastructure and advanced governance solutions via shared innovation as well as community initiatives. As Quack AI has revealed in its official social media post, the
According to data released today, CryptoQuant CEO Ki Young Ju announced that investors trading in the Bitcoin futures market now largely consist of individual investors. CryptoQuant CEO: Retail Investors Are Now the Major Players in the Bitcoin Futures Market According to data shared by Ju, the average order size for Bitcoin futures was around $6,000
Bitcoin price is holding near $113,000 today, about a week after reaching a new all-time high above $126,000, as the market stabilizes from one of its most violent corrections in years. The bitcoin price to record levels last week was fueled by renewed institutional demand, falling real yields, and growing adoption of the “debasement trade”
Story Highlights Bitcoin’s bull run may end within 10 days, warns veteran trader CryptoBirb citing cycle data. CryptoBirb’s model predicts October 24 as Bitcoin’s next major cycle peak approaching fast. Fear & Greed Index drops sharply, signaling emotional reset before Bitcoin’s possible final rally. Bitcoin traders are on edge as the market nears what could
Gold hit a new record high Tuesday, while billions exited major crypto exchanges. Futures briefly crossed $4,200 per ounce before closing at $4,197.6 in New York trading Tuesday, according to data from CME Group. Trade publication The Kobeissi Letter characterized the turn as “the first time in history” that gold has crossed the mark, noting
A wallet associated with LuBian, a significant Bitcoin mining pool that was hacked in December 2020, moved BTC on Wednesday, ending three years of dormancy. The wallet labelled as “39DUz” moved 9,757 BTC, worth $1.1 billion, to two new addresses, “34kn9z…s9tef” and “bc1q4c…77s0,” respectively, according to analytics firms Peckshield and Lookonchain. It remains unclear whether
175-year-old French banking giant ODDO BHF, which manages over €150 billion ($173 billion) in assets, is entering the crypto space with the launch of a euro-backed stablecoin dubbed EUROD. The token is set to be listed on Madrid-based crypto platform Bit2Me, one of the largest exchanges in the Spanish-speaking world that’s backed by telecom giant
Taiwanese stablecoin infrastructure company OwlTing will commence trading on the Nasdaq Global Market on Thursday, marking its debut as one of the first Asian blockchain firms to list directly on a major U.S. exchange. The company’s Class A common shares are expected to begin trading on October 16, under the ticker symbol OWLS. “The Nasdaq