Bitcoin Slips to $63,500 as CPI Print Calms Markets but Fails to Ignite Rally
Bitcoin traded around $63,500 as July’s CPI matched forecasts, easing Fed rate hike concerns but offering little upside for crypto. Markets now await Jackson H…
DIGY11 Targets Market With ETF 95% Allocated to STRC in Brazil
DIGY11, Brazil’s largest bitcoin treasury, plans an ETF with 95% allocation to Strategy’s STRC, targeting yields linked to the interbank rate. Returns are not…
Zerohash Denied U.S. Trust Bank Status, Plans to Refile Amid Regulatory Scrutiny
Zerohash, Morgan Stanley’s crypto infrastructure partner, had its U.S. trust bank application rebuffed but plans to refile. Regulatory hurdles persist for cryp…
Goldman Sachs Acquires NEOS in $2.25B Bid for $1B Bitcoin Yield ETF, Escalating ETF Compe…
Goldman Sachs acquires NEOS for $2.25B, expanding its ETF derivatives platform and securing a $1B Bitcoin yield ETF as it aims to rival BlackRock’s BITA fund.
Fidelity Moves to Add Staking to Ethereum ETF, Intensifying Competition Among US Funds
Fidelity seeks SEC approval to add staking to its Ethereum ETF (FETH). The move aims to improve yield, with 85% of staking rewards retained by the fund and pot…
Bitcoin Traders Position for Volatility as CPI Looms, Derivatives Activity Spikes
Bitcoin and ether remain in a narrow trading range ahead of the CPI release, as traders position with options for either upside or volatility. The print could…
U.S. CPI Eases to 3.4% as Anticipated; Bitcoin Maintains Stability Near $64,000
U.S. CPI inflation decelerated to 3.4%, matching forecasts. Bitcoin remained steady near $64,000, while Treasury yields fell, signaling a broadly expected macr…
Bitcoin Steady as U.S. Inflation Data Looms; Harmony Exploit Roils Altcoin Market
Bitcoin remains steady near $64,000 as markets await U.S. inflation data. Meanwhile, a fresh exploit affects Harmony, rattling sentiment in altcoins and weighi…
Bitcoin Rangebound at $63K as ETF Inflows Offset Sellers Ahead of CPI
Bitcoin price remains rangebound near $63,000, supported by ETF inflows. With sideways trading crushing volatility, the upcoming CPI inflation report could spa…
CME Bitcoin Futures Carry Surpasses Treasury Yield for First Time in 157 Days
Bitcoin futures carry on CME topped the two-year US Treasury yield on August 7, disrupting a months-long trend and signaling shifting arbs in crypto markets.