U.S. spot Bitcoin ETFs saw $69 million in inflows on Wednesday, extending their entry streak to seven sessions and bringing total inflows during the period to nearly $1 billion. U.S.-listed Bitcoin exchange-traded funds (ETFs) have attracted around $1 billion in net inflows over seven consecutive trading sessions. Spot Bitcoin ETFs recorded $68.99 million in net … Read more
Foundry USA has asked its mining customers to signal their support for BIP-110, an actively debated proposal aimed at reducing the amount of data that can be stored in a Bitcoin transaction. Foundry USA has begun asking mining customers to vote on how the pool should report Bitcoin Improvement Proposal (BIP-110), a soft fork proposing … Read more
Metaplanet Unit Secures ¥9.66 Billion Funding as Bitcoin Cash Plan Expands Metaplanet’s Bitcoin strategy is expanding again, this time through a financing agreement linked to its subsidiary Bitcoin Japan. The company said Bitcoin Japan signed an agreement with the EVO fund for funding of up to 9.66 billion yen, or approximately $59.5 million. The structure … Read more
U.S.-listed Bitcoin exchange-traded funds (ETFs) are seeing renewed investor demand, but the latest streak of inflows has yet to provide enough momentum for a stronger recovery. Bitcoin ETFs saw $75.7 million in net inflows for the week ending July 17, marking a second consecutive week of positive flows. according to to SoSoValue data. The latest … Read more
Stock market traders are pricing in a high probability that the Federal Reserve will keep rates steady at its July meeting, with the probability increasing to 94% after weaker inflation data improved the market’s macroeconomic mood. This is important for Bitcoin because rate expectations remain one of the most important forces shaping risk appetite. When … Read more
Jason Oxman, CEO of the Electronic Transactions Association (ETA), indicated that his organization’s members may begin to recognize the disruptive potential of Bitcoin, suggesting that this could lead to more partnerships between traditional electronic payment providers and Bitcoin startups. On August 6, ETA, which represents companies like Visa, MasterCard, Amazon and PayPal, welcomed BitPay, the … Read more