Your Daily Digest of Global Stories
Tracking capital flows through analysis on-chainis reflecting signs of strength for the price of bitcoin (BTC). With the recent interest rate cut in the United States, the price of bitcoin surpassed the cost base of short-term holders. This stands at 61,900 dollars (USD), according to data from the analysis firm Glassnode. It should also be…
Key facts: ARK, BlackRock and Fidelity led capital inflows into bitcoin ETFs. This behavior generates upward pressure for the price of bitcoin. During the day on Thursday, September 26, bitcoin ETFs (BTC) recorded an unprecedented inflow of money in the last two months, with a net total of $365.57 million. This flow of capital towards…
As bitcoin (BTC) rebounds to $63,000 (USD) following the US interest rate cut, a new scenario is emerging for the market. According to the analysis firm Nodecharts, bitcoin is now “in its decisive phase.” This is stated in a report market, according to its historical behavior and the implication of the rate cut. The Federal…
Key facts: “Now is the time to move quickly with rate cuts,” politicians say. Senators warn that delays in rate cuts have “threatened” the economy. US Senators Elizabeth Warren, Sheldon Whitehouse and John Hickenlooper sent a letter to Federal Reserve Chairman Jerome Powell urging an immediate 75 basis point reduction in interest rates. “Now is…
Key facts: The company will focus on developing data centers and will buy bitcoin with the profits. Cathedra will use other options such as debt, equity and derivatives to buy bitcoin. Cathedra Bitcoin, a company known for its focus on Bitcoin mining, has announced a significant shift in its corporate strategy. The company now considers…
Key facts: To date, El Salvador holds about 5,800 BTC. Bhutan acquired more than 8,000 bitcoin in a matter of a year. Bhutan, a town near the Himalayas, has accumulated more than 13,000 bitcoin (BTC) over the past three years. The sum, disclosed by the analysis firm Arkham Intelligence, is more than double the amount…
Key facts: The US saw inflows totaling USD 416 million, Coinshares reported. Bitcoin was the main inflow, with USD 436 million invested in it. Last week marked a turning point for bitcoin (BTC) and cryptocurrency investment products, with a total of $430 million in capital inflows, CoinShares reports. This move ends two negative weeks that…
Asset management firm Grayscale Investments has officially launched the Grayscale XRP Trust, a move that allows investors to increase their exposure to XRP, the cryptocurrency issued by Ripple. In a releaseGrayscale indicated that the fund is now available to eligible individual and institutional accredited investors. Also, that It works in a similar way to other…
Share Market Today: Due to heavy buying in the last hour, the stock market reached a new record high today on 12 September. The Sensex crossed 83,000 points for the first time. At the same time, the Nifty also jumped 470 points to reach 25,400. Due to this, the wealth of stock market investors increased…
Key facts: Bitcoin and ether are the most popular digital currencies in the European country. In the first half of 2024, investors showed interest in memecoins such as PEPE. In recent years, the cryptocurrency market in Spain has attracted an increasing number of investors. The first half of 2024 was marked by a concentration in…
