Digital Asset Investment Products Rebound with $436M Inflows
Digital asset investment products have seen a turnaround, with inflows reaching $436 million following a prolonged period of outflows totaling $1.2 billion. The reversal is influenced by shifting market expectations, particularly the potential for a 50-basis-point interest rate cut, fueled by comments from NY Federal Reserve President Bill Dudley... Details
Trump Presidency Could Propel Bitcoin to $125K, Harris to $75K: Standard Chartered
Bitcoin is expected to end the year at new all-time highs regardless of who wins the US election, according to Investment Bank Standard Chartered analyst Geoff Kendrick. The U.S. presidential election’s impact on Bitcoin’s future trajectory matters less than it did when Joe Biden was the Democratic candidate... Details
Bitcoin In September ‘Seasonal Slog’: What Opportunities Should Traders Watch For?
In a September 10th NYDIG market update, Greg Cipolaro described the potential near-term catalysts for Bitcoin as “sparse,” as the leading cryptocurrency enters one of its toughest months. Historically, September has been challenging for Bitcoin holders, with a mean loss of 5.9% over the 13 years since 2011... Details
Telegram CEO Addresses Platform Abuse In First Comments Since Arrest
Telegram CEO Pavel Durov publicly addressed his recent arrest in France for the first time. He admitted the platform’s rapid growth to 950m users led to “growing pains” that enabled criminal misuse. Durov’s case has sparked debates on free speech, privacy and the responsibilities of tech CEOs... Details
Arthur Hayes Sees Bitcoin Drop Below $50K Over Weekend, Places Short Bet
Co-founder and ex-CEO of BitMEX crypto exchange Arthur Hayes said Friday that he expects Bitcoin’s price to drop below $50,000 this weekend. He revealed that he has taken a short position, betting on a decline. Moreover, analysts say, that Bitcoin drop to $46,000 still possible as fed rate cut looms... Details
OKX To List Telegram Game ‘Hamster Kombat’s’ HMSTR Token
Crypto exchange OKX announced Friday that it will be among the first platforms to list Telegram mini-app game Hamster Kombat’s $HMSTR token on its spot market. OKX has set a date for listing the token on Sept. 26, the same day as Hamster Kombat’s planned airdrop event... Details
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