Fed Chair Warsh's first Jackson Hole keynote doubled down on giving markets zero rate hints as inflation runs hot and Bitcoin traders wait on September's call.
IBIT exceeded the market's $242.3 million net gain as five smaller positive funds failed to keep non-IBIT flows above zero.
Twenty One Capital's strategic pivot aims to enhance investor value by leveraging Bitcoin holdings to generate diversified revenue streams. Twenty One Capital CEO outlines strategy to outperform Bitcoin.
Bitcoin's dip highlights market volatility and the impact of macroeconomic factors, emphasizing the need for cautious trading strategies. Bitcoin falls below $79,000 as profit-taking stalls a 20% rally.
IBIT's published Aug. 26 close left investors in unlisted debt while preliminary terms layer on SOFR-linked financing.
Binance Futures has officially launched trading in perpetual contracts tied to the shares of five major global companies, with leverage of up to 20x. The main highlight of the listing was the introduction of futures on shares of Bitcoin miner MARA Holdings.
MSTR rebounds alongside Bitcoin, but Peter Schiff says short covering may be masking risks in Strategy's preferred-stock financing model.
Bitcoin's recent price breakout that saw it briefly touch $80,000 from a low of around $62,000 within just a week has helped most of its investors recover from their losses.
Bitcoin touched $81,455, its highest since May 15, before retreating toward $79,850 after gaining roughly 26% since the Treasury's August 19 bond buyback announcement. Altcoins mostly consolidated, with the Altcoin Season index at 34/100, while Solana and Zcash slipped and Monero posted a modest gain.
Bitcoin is in a very interesting position right now.
ETF Momentum: Bitcoin ETFs secured $242.3 million in fresh inflows on Thursday, extending their nine‑session streak and pushing total additions since Aug. 17 to roughly $3.04 billion. Issuer Breakdown: IBIT led with $277.6 million in inflows, while FBTC saw $83.6 million in outflows and GBTC recorded $27.2 million in withdrawals.
The cryptocurrency's price has surged 26% this month, according to CoinDesk data, and was recently around $79,200. Gold, meanwhile, has gained 13.8%, with the Nasdaq 100 and S&P 500 indexes adding 4.8% and 3.2%, respectively.