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Tag: Financial Markets

US Bitcoin ETFs See $71.73M in Outflows as 5 Funds Take a Hit

August 30, 2024 wp-bot Bitcoin News

On Thursday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) experienced $71.73 million in outflows, with reductions seen across five distinct funds. Notably, Grayscale’s ETHE

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Understanding the Difference Between Spot and Futures Crypto ETFs

August 26, 2024 wp-bot Bitcoin News

This year, the U.S. Securities and Exchange Commission approved 12 spot bitcoin exchange-traded funds (ETFs) and nine spot ether ETFs. Here’s a deep dive into

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Gold’s Bull Run Inspires Bitcoin Forecasts: Insights From Fred Krueger and Jack Mallers

August 17, 2024 wp-bot Bitcoin News

Gold has been on an impressive streak in recent times, hinting at underlying economic worries, according to bitcoin proponent Fred Krueger’s latest analysis. He speculates

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Arthur Hayes Predicts $100K Bitcoin by Year-End — Expects ‘Glorious’ Crypto Bull Market in 2025 With BTC Reaching $1M

August 14, 2024 wp-bot Bitcoin News

Bitmex co-founder Arthur Hayes predicts bitcoin will reach $100K by late 2024 and could hit $1 million by 2025. He attributes this to U.S. Treasury

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Crypto.com Opposes Proposed US Ban on Prediction Markets and Event Contracts

August 11, 2024 wp-bot Bitcoin News, Coinbase

Crypto.com Senior Vice President Steve Humenik has joined Coinbase by voicing opposition to a proposed rule change by the Commodity Futures Trading Commission (CFTC) that

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Fedwatch Tool and Polymarket Point to Highly Probable Rate Cuts by the Fed

August 6, 2024 wp-bot Bitcoin News

Following the recent volatility in global equity markets, some analysts suggest that the U.S. Federal Reserve might implement an emergency rate cut before September. In

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