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Economist predicts ‘sell-the-news’ event with Fed’s anticipated 25-basis-point rate cut *** New Bitcoin ATH Indicates Room for More Growth, Says CryptoQuant ***
BlackRock's Bitcoin ETF Sees Record Daily Outflow as the Basis Trade Starts to Unwind - basis, ETFs, Reuters, Crypto, bitcoin, ibit

BlackRock's Bitcoin ETF Sees Record Daily Outflow as the Basis Trade Starts to Unwind

BlackRock's iShares Bitcoin Trust (IBIT) saw record outflows of $418.1 million on Wednesday as bitcoin (BTC) dropped to around $82,000.All U.S. spot-listed exchange-traded funds saw a total outflow of $754.6 million. According to Farside data, there

basisETFsReutersCryptobitcoinibit
New Bitcoin ATH Indicates Room for More Growth, Says CryptoQuant - basis, bitcoin

New Bitcoin ATH Indicates Room for More Growth, Says CryptoQuant

As per the latest insights from CryptoQuant, Bitcoin $BTC MVRV ratio signifies that the price is far from being overstretched in comparison with the cost basis.

Umair Younas
basisbitcoin
Global crypto investment products see $321 million in net weekly inflows as rebound continues: CoinShares - basis

Global crypto investment products see $321 million in net weekly inflows as rebound continues: CoinShares

The surge was likely driven by the U.S. Federal Reserve’s 50-basis-point interest rate cut, Head of Research James Butterfill said.

James Hunt
basis
Economist predicts ‘sell-the-news’ event with Fed’s anticipated 25-basis-point rate cut - basis, cut

Economist predicts ‘sell-the-news’ event with Fed’s anticipated 25-basis-point rate cut

A 25-basis-point Fed rate cut next week could trigger a sell-the-news reaction for risk assets like bitcoin, according to an economist.

Brian McGleenon
basiscut
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