A survey reveals that almost half of traditional hedge funds have exposure to digital assets, with increased global regulatory clarity boosting confidence.
Bitcoin news
South Korea’s FSC will reportedly investigate Upbit’s relationship with its bank partner K-Bank before the latter’s IPO, which is expected in late October.
Bitcoin’s consolidation around $60,000 has investors sidelined, with a new price range needed to spark activity, according to an analyst.
Experts are having trouble explaining why trading is slumping at the same time that Bitcoin prices rise. Are geopolitical tensions to blame.
Bitcoin arguably stands to benefit from macro data upheaval as US CPI and jobless data diverges in a “nightmare” for the Federal Reserve.
Crypto is second only to equities and for millennial investors it tops the list, the survey said.
The Blockstream founder was favored as the most likely figure to be revealed as Satoshi Nakamoto in the HBO documentary by Polymarket users.
Consumer prices in the US rose by 2.4% in September, above market expectations but still in a negative trend compared to the past few years.
The recent 50 basis-point interest rate cut by the US Federal Reserve has had a mixed impact on crypto markets.
The crypto market is down today as a disappointing US CPI print and decline in trading volumes fuel the crypto market’s sell-off.