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Bitcoin ETFs see $28.6M inflows after 8-day outflow streak
Bitcoin ETFs see $28.6M inflows after 8-day outflow streak

Three spot Bitcoin ETF issuers saw an inflow on Sept. 9 — but it didn’t include BlackRock, which recorded a rare outflow on the day.

Cointelegraph·2024/09/10 09:20
If Trump returns to the White House, could Bitcoin hit new highs?
If Trump returns to the White House, could Bitcoin hit new highs?

Bernstein analysts pointed out in their latest report that the US presidential election is likely to determine the fate of the cryptocurrency world!

Jin10·2024/09/10 06:45
Meme Coin News: Roaring Kitty Returns to Twitter and CHEWY Price Reacts
Meme Coin News: Roaring Kitty Returns to Twitter and CHEWY Price Reacts

Roaring Kitty, the trader known for the GameStop saga, returned to Twitter, sparking a CHEWY coin reaction and more meme coin news.

CryptoNews·2024/09/10 06:45
Japan’s Metaplanet buys additional $2 million in bitcoin, raising total holdings to $26 million
Japan’s Metaplanet buys additional $2 million in bitcoin, raising total holdings to $26 million

The Tokyo-listed firm said that it bought an additional 38.4 bitcoin.This purchase brings its total bitcoin holdings to 398.8 BTC.

The Block·2024/09/10 05:15
The secret of Fractal’s first mining revenue: Is leasing computing power a profit or a loss?
The secret of Fractal’s first mining revenue: Is leasing computing power a profit or a loss?

To break even, FB price must be at least above $10.

BlockBeats·2024/09/10 04:25
Is the interest rate cut really good news for the market?
Is the interest rate cut really good news for the market?

The closer we get to a rate cut, the more funds tend to be withdrawn from risky markets.

BlockBeats·2024/09/10 03:00
Flash
05:13
The negative premium of the bitcoin fund market has reached 5.9%, the lowest level in two years.
BlockBeats news, on June 4, analyst Maartunn cited CryptoQuant data, stating that the current Bitcoin fund market premium has reached -5.9%, the lowest level in two years. This means that Bitcoin ETFs such as IBIT and GBTC are currently trading at a 5.9% discount to their net asset value (NAV). This indicates that market demand for exposure to these funds has significantly weakened compared to the value of their underlying holdings.
05:10
India's currency market trading volume hits record high as state-owned banks boost lending, pushing up short-term interest rates
(1) Data shows that trading volume in India's money market has surged to a record high, mainly because state-owned banks have intensified lending to meet strong credit demand. (2) According to analysis by the Indian Clearing Corporation, another driving factor is that in May, private banks unusually shifted from net borrowers to lenders. In the triparty repo segment, which accounts for about 70% of the money market, trading volume climbed to a record high of 5.5 trillion rupees ($57.8 billion) on May 13 and has remained elevated since then. (3) However, the scramble for funds in recent weeks has pushed up overnight lending costs and short-term bond yields, highlighting the ongoing difficulties banks face in attracting deposits as household savings flow into other investment products.
05:10
Energy transition helps the EU avoid severe inflation, ECB's preventive rate hike imminent
The energy transition helps the EU avoid hyperinflation, with the European Central Bank's preventive interest rate hike imminent
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