
Digital Asset Funds Experience $508M Outflow, With Bitcoin Hit the Hardest
TL;DR The outflow from digital asset investment products reached $508 million last week, totaling $924 million over the last two weeks. Bitcoin was the hardest hit
Bitcoin (BTC) is a digital currency created in 2009 by an unknown person using the alias Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a publicly distributed ledger called a blockchain
TL;DR The outflow from digital asset investment products reached $508 million last week, totaling $924 million over the last two weeks. Bitcoin was the hardest hit
TL;DR This week’s key economic events include the Consumer Confidence Report, housing market data, Nvidia’s earnings, US GDP report, PCE inflation report, and multiple Fed speeches.
TL;DR 10x Research reveals only 44% of U.S. spot Bitcoin ETF inflows are intended for long-term investments, with the remaining 56% driven by short-term trading strategies
TL;DR $2 billion worth of Bitcoin and Ethereum options are expiring today, causing market volatility and uncertainty as traders watch closely. Analysts note a put-to-call ratio
TL;DR Michael Saylor suggests the U.S. should buy 20% of Bitcoin’s total supply to secure a dominant position in global finance, leveraging the digital asset’s potential.
TL;DR Microsoft’s Majorana 1 chip, a quantum computing innovation, could accelerate the timeline for Bitcoin’s quantum resistance due to its advanced processing capabilities. The chip’s Topological
TL;DR Franklin Templeton has launched EZPZ, a new ETF providing exposure to Bitcoin and Ethereum, designed to track the US CF Institutional Digital Asset Index. The
TL;DR MicroStrategy, now renamed Saylor’s Strategy, has raised $2 billion through the issuance of zero-coupon convertible bonds, maturing in 2030, with a 35% conversion premium over
TL;DR Bitcoin has been moving sideways in recent weeks, but this hasn’t been a cause for concern among crypto analysts. Ki Young Ju, CEO of CryptoQuant,
TL;DR Coinbase has recently unveiled its Proof of Reserves for its wrapped Bitcoin token, cbBTC. This move aims to enhance transparency and reassure users that each
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