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$147 million exits global crypto funds, ending three-week inflow streak: CoinShares

Global crypto funds saw net outflows of $147 million, influenced by economic data. Multi-asset products thrived, while Bitcoin remains strong despite volatility.

theblock.co • 07/10/2024 - 09:58 AM

$147 million exits global crypto funds, ending three-week inflow streak: CoinShares

Crypto funds faced their first outflow in weeks, while multi-asset products continued to attract investment, reflecting changing sentiment amid economic data and varied investor interests.

theblock.co • 07/10/2024 - 09:58 AM

$147 million exits global crypto funds, ending three-week inflow streak: CoinShares

Crypto investment products saw $147M outflows last week, with Bitcoin funds hit hardest. Multi-asset products continued to attract interest, highlighting diversification preferences among investors.

theblock.co • 07/10/2024 - 09:58 AM

BITCOIN

Japan’s Metaplanet buys an additional $6.7 million in bitcoin, raises total holdings to over $40 million

Metaplanet Inc. bought 108.786 bitcoin for $6.7 million, increasing holdings to 639.503 BTC, reflecting ongoing bullish sentiment towards cryptocurrency.

theblock.co • 07/10/2024 - 05:46 AM

BITCOIN

Japan’s Metaplanet buys an additional $6.7 million in bitcoin, raises total holdings to over $40 million

Metaplanet Inc. purchased 108.786 bitcoin for $6.7 million, raising total holdings to 639.503 bitcoin as it invests in cryptocurrency as a strategic reserve.

theblock.co • 07/10/2024 - 05:46 AM

BITCOIN

Bitcoin climbs near $64,000 as analyst says US economy in ‘Goldilocks’ state

Bitcoin nears $64,000 after positive U.S. jobs data, with analysts optimistic about its recovery despite geopolitical tensions and the need to break key resistance levels.

theblock.co • 07/10/2024 - 03:43 AM

BITCOIN

Bitcoin climbs near $64,000 as analyst says US economy in ‘Goldilocks’ state

Bitcoin's price nears $64,000 following positive U.S. jobs data and expectations of economic stability, with analysts cautious about geopolitical risks affecting the market.

theblock.co • 07/10/2024 - 03:43 AM

Experts weigh in on what a Trump or Harris presidency could mean for the crypto industry

The U.S. presidential election's outcome could impact the crypto industry, with Trump embracing pro-crypto policies and Harris advocating cautious support, but overall trends might remain stable regardless.

theblock.co • 05/10/2024 - 12:01 PM

Experts weigh in on what a Trump or Harris presidency could mean for the crypto industry

Donald Trump and Kamala Harris have taken contrasting stances toward the crypto industry ahead of next month’s U.S. presidential election. Industry experts largely agreed that the outcome wouldn’t impact the overall market trend, though a Trump presidency was generally seen as more positive for the space.

theblock.co • 05/10/2024 - 12:01 PM

The Daily: IMF urges El Salvador to limit scope of bitcoin law, HBO documentary claims to unveil Satoshi's identity and more

The newsletter discusses the IMF's advice to El Salvador, TeraWulf's sale for AI funding, Hyperliquid's trading volume, Bitcoin ETF outflows, and an HBO documentary on Satoshi Nakamoto.

theblock.co • 04/10/2024 - 17:18 PM

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