Auto Added by WPeMatico

Cryptoquant Report Reveals Faltering Global Bitcoin Demand Despite Recent Spike

A recent report from Cryptoquant reveals that comments by Federal Reserve Chairman Jerome Powell sparked a surge in U.S. bitcoin demand last week, though overall global demand remains weak. The…

Continue ReadingCryptoquant Report Reveals Faltering Global Bitcoin Demand Despite Recent Spike

Hilbert Capital and Xapo Bank Collaborate to Launch Bitcoin Hedge Fund

Swedish public company Hilbert Group’s asset management division has partnered with Xapo Bank to launch a bitcoin-denominated hedge fund in September. The fund is expected to attract over $200 million…

Continue ReadingHilbert Capital and Xapo Bank Collaborate to Launch Bitcoin Hedge Fund

Nasdaq Seeks SEC Approval to Launch Bitcoin Index Options

Nasdaq has filed with the U.S. Securities and Exchange Commission (SEC) to list and trade Bitcoin Index Options. The company aims to provide new tools for institutional and retail investors…

Continue ReadingNasdaq Seeks SEC Approval to Launch Bitcoin Index Options

Bitcoin Loses Footing as Price Slips Below $62K Threshold 

Bitcoin took a tumble on Tuesday, hitting a low of $61,455 per coin after peaking at $65,103 just three days prior. The crypto market downturn resulted in a shake-up, with…

Continue ReadingBitcoin Loses Footing as Price Slips Below $62K Threshold 

Bitcoin’s Rough September Price History Raises Questions for 2024

As August draws to a close with just four days left, bitcoin has slipped by 2.74% this month, leaving market watchers eager to see if September will bring better news.…

Continue ReadingBitcoin’s Rough September Price History Raises Questions for 2024

Centralized Exchanges See $26B in Bitcoin and Ethereum Outflows Since January

Over the past seven months, data from cryptoquant.com reveals a staggering $26 billion worth of bitcoin and ethereum has been pulled from centralized crypto exchanges. During the same period, trading…

Continue ReadingCentralized Exchanges See $26B in Bitcoin and Ethereum Outflows Since January

US Bitcoin ETFs Surge by $202M While Ethereum ETFs Bleed $13M in Outflows

U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows of $202.51 million on Monday, marking the eighth consecutive day of gains. In contrast, spot ethereum ETFs experienced a loss of $13.23…

Continue ReadingUS Bitcoin ETFs Surge by $202M While Ethereum ETFs Bleed $13M in Outflows

Latam Insights Encore: El Salvador’s Bitcoin Education Investments Set to Pay Off in Adoption

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. In this edition, we discuss the recent investments made…

Continue ReadingLatam Insights Encore: El Salvador’s Bitcoin Education Investments Set to Pay Off in Adoption