Latest updates, press releases, and insights from the volatile world of digital assets.
Precious metal reaches three-month peak before easing, while Bitcoin climbs above $80,000 for first time since May, fueled by softer dollar and lower Treasury yields ahead of key US data
Bridgewater founder warns a U.S. debt crisis could emerge within three years and advises shifting portfolios away from bonds toward alternative stores of value
U.S. spot bitcoin funds posted $33.8 million in net gains for the week ended July 24 even as BlackRock’s IBIT led heavy redemptions on Thursday and Friday amid rate and geopolitical worries
Spot Bitcoin funds recorded substantial redemptions as U.S.-Iran tensions and rising Treasury yields prompted a shift in investor sentiment, while Ether ETFs continued to attract capital
Bitcoin climbed sharply after June CPI came in at 3.5 percent year-over-year, below forecasts, triggering short liquidations and easing near-term rate hike concerns amid ongoing geopolitical tensions
The Federal Reserve has raised its inflation projections as surging AI infrastructure needs push up costs for chips, energy, and related goods, leaving policymakers divided on the next steps for interest rates
Binance founder Changpeng Zhao points to capital flows into AI, geopolitical tensions, and standard market cycles as drivers of the current weakness in Bitcoin and altcoins
Cathie Wood of ARK Invest points to capital outflows from unstable regions as a key factor for renewed demand in Bitcoin, noting that AI serves a separate purpose and cannot take over Bitcoin's role in wealth protection
US spot Bitcoin ETFs have recorded their largest 30-day net outflows since launch, totaling around $6.35 billion, as Bitcoin trades lower amid macroeconomic pressures and ongoing geopolitical risks
Bitcoin slipped as the Federal Reserve under new Chair Kevin Warsh kept interest rates unchanged at 3.5%-3.75%, with persistent inflation above 4% dampening rate-cut expectations and testing key technical support levels
