Bitcoin Analysts Disagree Over Reflation Trade After PMI Overshoot
Bitcoin (BTC) may be set to gain from new macro tailwinds as US macro data sets up a “reflation” trade.Key points:US ISM PMI data for January breaks a full year…
Xapo Bank Data Shows Bitcoin-Backed Loans Skew Long-Term
Bitcoin-backed borrowing at the Gibraltar-based Xapo Bank is increasingly being used for long-term financial planning rather than short-term liquidity, according…
Bitcoin Traders Bet on Price Rebound as BTC Eyes $85K Liquidity Grab
Bitcoin (BTC) traded 5.5% above its nine-month low of $74,500 reached on Monday amid hopes of a rebound toward $85,000. Key takeaways:A “squeeze” toward $85,000…
Bitcoin ETFs Rebound $562M After $1.5B Outflows
Bitcoin exchange-traded funds (ETF) experienced another recovery on Monday amid a challenging market environment for BTC and broader digital assets.Spot Bitcoin…
Elon Musk’s xAI Recruits Specialists to Train AI Models on Crypto
Elon Musk’s artificial intelligence company xAI is hiring a crypto specialist to help train its AI systems on digital asset markets.According to a newly posted…
ING Germany Launches Crypto ETPs And ETNs For Retail Clients
ING Germany, the retail banking unit of Dutch multinational ING Group, is expanding crypto investment access through new partnerships with US asset managers…
AI Tops Family Office Investments as Crypto Lags: JPMorgan Report
Artificial intelligence has emerged as the dominant investment theme for the world’s largest family offices, while cryptocurrencies continue to attract limited…
ING Germany Launches Crypto ETPs And ETNs For Retail Clients
ING Germany, the retail banking unit of Dutch multinational ING Group, is expanding crypto investment access through new partnerships with US asset managers…
Bitcoin May Continue to Fall as No Catalysts Appear: Galaxy
Bitcoin could continue its downtrend as there are few catalysts to reverse the cryptocurrency’s fortunes, says Galaxy Digital research lead Alex Thorn.Thorn said…
Crypto Spot Volumes Plunge To 2024 Lows Amid Weak Demand
Spot crypto trading volumes on major exchanges have fallen from around $2 trillion in October to $1 trillion at the end of January, indicating “clear…