The institutional demand around Bitcoin strengthened as Morgan Stanley expanded MSBT holdings while ETF inflows remained positive. Reportedly, Morgan Stanley’s MSBT Bitcoin ETF received another 51.58 $BTC, valued at around $4 million, from Coinbase Prime. Notably, the latest transaction followed a series of transfers into the fund for the previous two weeks. Across these transfers,
After a strong August rally, where the Spot Bitcoin [$BTC] ETFs recorded $3.52 billion in inflows in a month, the September effect seems to be kicking in. In the past week, from 8th to 11th September, $BTC ETFs recorded outflows worth $462.73 million. The week started on a negative note with a cumulative net outflow
The probability that the Federal target rate could be bumped up by 25 bps to 375-400 bps was increasing by the day. The FedWatch tool showed a probability of a rate hike at 87.3%. This meant that the chances of a bearish Bitcoin [$BTC] price reaction are also higher. In a CryptoQuant analysis, XWIN Japan
Larry Ellison has killed a plan that could have moved as much as $7.5 billion of his Oracle shares into the market, only a day after the plan became public. Oracle (NYSE: ORCL) said Saturday that its co-founder would not sell any stock under the arrangement. The Austin, Texas company disclosed a day earlier that