Market Analysis
Ethereum Funds Recorded $1M in Net Outflows Despite the Merge’s Hype
Ethereum saw minor outflows of $1 million last week as investors remain cautious before the Merge next month, according to CoinShares.
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Market Analysis
Reddit Co-Founder’s VC to Invest $177M in Crypto as “Everything is On Sale”
Seven Seven Six, a VC firm founded by Reddit co-founder Alexis Ohanian, is launching a crypto-oriented fund Kryptós to invest in tokens.
Market Analysis
Dollar Index Hits 20-Year High as Bitcoin Falls Below $20k
The U.S. dollar surged to a 2-decade high just three days after Fed Chair Jerome Powell said he plans to continue hiking interest rates to curb…
Market Analysis
Jerome Powell Jackson Hole Speech: Key Highlights and Implications
Powell brought back Volcker to restate the Fed's 2% target inflation mission.
Market Analysis
Bitcoin and Ethereum Slip as Markets Await Powell’s Jackson Hole Speech
Bitcoin and Ethereum slipped Friday as investors await the Fed's inflation message at the annual Jackson Hole Conference Friday.
Market Analysis
Why Hedge Funds are Betting 39 Billion Euros Against Italy’s Debt
Market data shows hedge funds taking a big position against Italy's growing national debt.
Market Analysis
Voyager Tokens Rise More Than 30% as Potential Buyers Line Up
The VGX tokens of the bankrupt crypto lender saw a significant price spike in late-hour trading.
Market Analysis
Developers Fix Bug on Ethereum Amid Merge, Sparking Debate on ETH Price Reaction
Ethereum's backwardation situation is making the futures market look interesting, but here's what could happen after the Merge is completed.
Market Analysis
Crypto ATM Firm to Go Public with $885M SPAC Deal
Crypto ATM firm Bitcoin Depot is going public through a SPAC deal, which is expected to value the company at around $885 million.
Market Analysis
Accounting for 79% of all Inflows in July, Short Bitcoin ETF Now Slumps
Digital asset investment products record the second lowest weekly volume for the year, signaling low investor participation in the market.
Market Analysis
Invesco, with $1.6T in AUM, Forays into the Metaverse with New Fund
Global investment manager Invesco is launching a new fund to support metaverse startups across the US, Europe, and Asia.
Market Analysis
China to Give $29.3B in Loans to Stressed Housing Market: Beijing’s Biggest Commitment
China is looking to offer $29.3 billion in special loans to complete unfinished housing projects, marking a landmark financial commitment to curb the ongoing property crisis.
Market Analysis
Bitcoin Falls to 3-Week Low as Fed Minutes Spook Markets
Bitcoin and other cryptocurrencies fell sharply Friday, just two days after the FOMC released minutes from its July meeting, where it said inflation remains at "unacceptably…