Markets

Markets

Markets

Here's Why Bitcoin's Not Keeping Pace With Nasdaq

Bitcoin declined 6% in a week even as Nasdaq rallied to record highs.

(Mike_68/Pixabay)

Markets

Bitcoin ETFs See $226M Outflows Led by Fidelity’s FBTC

BlackRock’s IBIT was the only ETF posting a net inflow on Thursday, while most of the funds recorded outflows.

Heavily shorted crypto stocks like MicroStrategy could be poised to shoot up. (Mediamodifier/Pixabay)

Markets

Early Buyers of Andrew Tate’s DADDY Meme Coin Apparently Sitting on $45M in Unrealized Value

There is no evidence to show Tate sold tokens from his doxxed wallets, but some supposed “insider” buying activity before the token’s promotion on X shows too much of the token in too little hands.

Ledn's Mauricio Di Bartolomeo argues that the crypto lending industry can rebuild trust following a disastrous 2022. (Mathieu Stern/Unsplash, modified by CoinDesk)

Markets

Stick With Bitcoin, 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.

Winner, medal, gold. (AxxLC/Pixabay)

Markets

U.S. CPI Was Flat in May, Beating Expectations; Bitcoin Rises to $69.2K

Softer inflation data could prove a boon to recently under pressure digital asset prices.

food shopping in brown bags

Markets

Bitcoin ETFs See $200M Net Outflows in Fed, CPI Jitters

The eleven ETFs recorded $200 million in net outflows on Tuesday, the highest since May 1 figures of $580 million.

Scrabble letters spelling ETF arranged a rack

Markets

Fed Should Cut Interest Rate as Restrictive Stance Adds to Inflation, Democrats Say

Elevated interest rates aimed at taming inflation have become a part of the problem, three Democrat senators said.

U.S. Federal Reserve Chair Jerome Powell testified that a U.S. CBDC isn't in the near future, and he said the Fed wouldn't design one to spy on Americans (screen capture, Senate Banking Committee video)

Markets

Meme Sector Sees Sharp Sell-off as GameStop Losses Extend to 60%

A Solana meme parody of the actual company was down 25% in the past 24 hours, with steep losses across other meme tokens that tended to move in tandem with GameStop.

(H. Armstrong Roberts/ClassicStock/Getty Images)

Markets

Bitcoin Slips Below $68K as ETFs Bleed $64M, Asian Stocks Decline

The U.S.-listed spot BTC ETFs registered a cumulative outflow of over $64 million on Monday.

BTC's price chart. (CoinDesk/TradingView)

Markets

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.

Math. (damirbelavic/Pixabay)