Cryptocurrency investment products failed to extend their inflow streak last week as spot prices declined. Global crypto exchange-traded products (ETPs) recorded $812 million of outflows in the week to Friday, ending a two-week run of inflows, CoinShares reported on Monday. Total assets under management (AUM) declined to $221 billion from a record-setting $241 billion the
Following the sharp declines experienced in Bitcoin (BTC), Ethereum (ETH) and altcoins last week, critical data is expected this week. This week, with the start of October, while ETF decisions for altcoins such as XRP and Solana (SOL) are awaited, CoinShares published its weekly cryptocurrency report and stated that there was an outflow of $812
Story Highlights Bitcoin closed September green, breaking history’s bearish curse, hinting at a strong Q4. Historical data shows Bitcoin’s Q4 rallies often deliver up to 85% average gains. Top Analysts suggest Bitcoin could climb as high as $150,000 by end of Q4. Bitcoin just closed September in the green, breaking one of its longest-standing bearish
Plan B Network and the Plan B VC Fund have unveiled CypherTank, a Bitcoin-focused pitch competition set to take place in Lugano during the Plan B Forum. The initiative, offering over $850,000 in total prizes, aims to spotlight innovative Bitcoin projects and establish Lugano as a premier Bitcoin hub. The competition will feature eleven carefully
Michael Saylor’s Strategy has seen its MSTR stock price tumble recently after booming over the past year. In a recent tweet, community analyst at on-chain platform CryptoQuant, Maartunn, highlighted MSTR’s recent drop to $300, its lowest level in six months, describing it as a “painful move for the biggest corporate Bitcoin holder.” MicroStrategy is bleeding
Cipher Mining (CIFR) just delivered one of the most consequential weeks in its history, announcing a major AI hosting deal for its Barber Lake facility and a $1.1 billion convertible note offering, moves that together may redefine the company’s trajectory, broker Canaccord Genuity said in a report on Monday. Canaccord reiterated its buy rating on
The Fed recently made an expected 25 basis point cut. However, in a statement after the meeting, Fed Chair Jerome Powell warned that the road ahead would be challenging. Powell, in his speech on September 23, stated that the two-sided risk remains, saying, “The short-term risks to inflation are to the upside, and the risks
Chainlink could become a foundational layer for traditional finance as capital markets increasingly embrace blockchain infrastructure, according to a report from investment bank Jefferies following a call with Chainlink co-founder Sergey Nazarov. The decentralized oracle network connects smart contracts to real-world data and off-chain systems, enabling advanced use cases like tokenized asset settlement, parametric insurance
RZTO, an AI-powered blockchain-based rewards ecosystem that integrates mobile networks with decentralized technologies, today announced a strategic collaboration with Assetswap.AI, an AI interface layer for DeFi. This partnership enabled the integration of Assetswap.AI’s on-chain intelligent trading solution into RZTO’s blockchain network to advance the capability and effectiveness of the crypto platform. RZTO is an AI-driven
Bitcoin news enters the final days of September with a mix of caution and optimism. While the Bitcoin price sits just above 112,000 USD, the bigger story isn’t only in the candles but in what the macro calendar is about to deliver. This week packs labor market data, Fed speeches, corporate earnings, and even the