Institutional investors poured nearly $1 billion into Bitcoin exchange-traded funds last week, signaling a massive appetite for the asset even as prices fluctuated. Data shows that 13 different US spot ETFs brought in roughly $996 million over those five days. This trend did not slow down as the new week began. Related Reading On Monday…
Bitcoin and the crypto market haven’t been the only assets falling over the past week or two.This week marked one of the stock markets and commodity market’s worst performances in history, with the S&P 500 and Dow Jones falling by around 12% from their all-time highs established just earlier this month. It was so bad…
Bitcoin’s recovery has brought the bottom debate back into focus, but one institutional view is keeping the question simple: watch demand, watch ETF flows, and watch oil. TL;DR Standard Chartered’s Bitcoin outlook is focused on three confirmation signals: corporate buying, ETF flows, and oil prices. The framework matters because it connects BTC’s chart to real…
In an environment of soaring interest rates and economic unpredictability, Bitcoin and the broader crypto market face increased headwinds. The shift in the financial landscape was recently underscored by the Benchmark 10-year US Treasury yield, which hit a 16-year high this Thursday. Longest Yield Curve Inversion Ever Historically, an inverted yield curve, where short-term yields…
The Bank of Japan has pushed its key interest rate to 1.0%, giving crypto traders a fresh macro signal to factor into Bitcoin, Ethereum and broader risk-asset positioning. TL;DR The BOJ raised its short-term policy rate by 25 basis points to around 1.0%. The decision matters for crypto because Japan sits at the centre of…