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Search Results for: etfs

U.S January CPI at 3.1% Triggers Speculation on Fed Rate Cut Delay

Inflation came in at 3.1% in January, according to figures released by the U.S. Bureau of Labor Statistics’ consumer price index (CPI). While this was better than market expectations of 2.9%, it was below the 3.4% inflation print from December. The report has also moved the U.S Federal Reserve’s rate

February 13, 2024 1 min read

Market Anticipation Builds as Investors Await U.S CPI Data

Investors in cryptocurrencies and stocks are waiting with bated breath for the U.S. Bureau of Labor Statistics to release January’s consumer price index (CPI) inflation statistics, which might provide fresh clues about potential Fed rate reduction. After a huge influx of buyers into spot Bitcoin ETFs, the price of bitcoin

February 13, 2024 1 min read

Bitget’s Leadership Takes Centre Stage at Web Summit Qatar

Victoria, Seychelles, February 13th, 2024, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, is excited to announce it’s attending Web Summit Qatar — a premier cross-industrial tech event in Doha, Qatar, from February 26th to February 29th, 2024. Following the immense success of Web Summit Lisbon, which gathered

February 13, 2024 3 mins read

GameFi Token BEAM Surges to All-Time High. Should You Buy?

As Bitcoin (BTC) approaches its two-year high and the entire altcoin market shows upward trends, the leading GameFi cryptocurrency Beam (BEAM) hits an all-time high of $0.03014, with a 25% surge in the past 24 hours from $0.024. The bullish momentum for BEAM has been building since early December 2023,

February 13, 2024 1 min read

Bitcoin and Ethereum Bulls Lead the Rally: Should Buy or Sell?

The cryptocurrency market is witnessing an electrifying surge as Bitcoin, the world’s largest cryptocurrency, breaches the $50,000 mark for the first time in over two years. This rally comes on the heels of heightened expectations for interest rate cuts later in the year and recent regulatory approvals for U.S. exchange-traded

February 13, 2024 2 mins read

Bitcoin Dominates Super Bowl Spotlight: Here’s Why

Bitcoin is dominating headlines in the crypto community, especially amid the excitement of the Super Bowl festivities in the US. Crypto netizens’ focus is not on the game but has also turned to influential figures showing support for the largest cryptocurrency by market capitalization. Talking of it, Twitter Founder Jack

February 12, 2024 2 mins read

Crypto Companies Skip Super Bowl Ads for Second Year 

The Super Bowl, one of the biggest events for marketing events in the US, will have no crypto ads for the second year in a row. Most major crypto companies, including Coinbase, Kraken, and Bitcoin spot ETF providers, have decided to skip the advertising opportunity, citing various reasons. The main

February 11, 2024 2 mins read

ARK21 Shares Spot Bitcoin ETF ‘ARKB’ Hits $1B AUM Milestone

At long last, the spot Bitcoin ETF that ARK Invest and 21Shares launched has entered the ranks of products with $1 billion in AUM. More than $1 billion worth of Bitcoin was recorded in 21Shares’ ARKB, its joint spot Bitcoin ETF with ARK Invest, as of February 9, according to

February 11, 2024 1 min read

Grayscale’s Spot Bitcoin ETF GBTC Witnesses Surge in Outflows

According to Bloomberg Intelligence’s analysis, financial asset management company Grayscale Investments’ spot Bitcoin ETF product is experiencing a resurgence of bearish outlook. Evidence suggests that Grayscale’s GBTC outflows have resumed, reaching a new high of $101.6 million. The spot Bitcoin ETF had two consecutive days of outflows below $100 million,

February 9, 2024 1 min read

Bitcoin Dogs Set To Make History With First Ever ICO on Bitcoin Blockchain

London, United Kingdom, February 9th, 2024, Chainwire Bitcoin Dogs is set to be part of cryptocurrency history with the first ever ICO on the Bitcoin blockchain, launching on February 14th, 2024. The presale for its native token, $0DOG, will last only 30 days, with an end date of the 15th

February 9, 2024 4 mins read