Why rising perpetual funding rates signal growing bullish leverage as bitcoin crosses $86,500
Rising open interest and funding rates signal renewed demand for bullish bitcoin exposure. Source:CoinDesk
Bitcoin ETFs kick off ‘Uptober’ with $103M inflow
Bitcoin ETFs returned to inflows with $103 million, while Ether funds recorded a third straight day of net outflows. Source:Cointelegraph
Bitcoin tops $86,000 ahead of U.S. jobs report
Bitcoin is up roughly 3% in October as traders await September’s jobs data, while rising bond yields, a stronger dollar weigh on broader markets.…
Bitcoin fights for local uptrend as US bond yields drop from new 24-year highs
US bond yields fell sharply around Thursday’s Wall Street open as Bitcoin price action sought to preserve a local trend of higher lows. Source:Cointelegraph
Synthetic tokenized stocks are bad for American investors
U.S. markets are the envy of the world because investors trust that whoever owns a share owns it fully, writes Aaron Kaplan, founder of Promethum. The…
Tokenized assets don’t always mirror traditional markets, Dune finds
Dune found that tokenized markets show different trading patterns from traditional markets, with RWA value reaching $34.5 billion. Source:Cointelegraph
Bitcoin kicks off new quarter in the old $82,000-$85,000 price range
Prices briefly topped $85,000 on Wednesday after weakerthanexpected U.S. inflation cooled bets on Fed rate hikes, But bulls couldn’t hold the move and spot…
Bitcoin trapped below $86K as PCE changes cloud inflation reading
Bitcoin erased its postPCE gains as analysts cautioned that methodology changes complicated the lowerthanexpected inflation reading. Source:Cointelegraph
Citigroup raises 12-month bitcoin target to $113,000 as ETF inflows resume
Citi also raised its 12month target for ether from from $2,240 to $3,028. Source:CoinDesk
Bitcoin ETFs draw $6.3B in Q3 as BTC price rises nearly 43%
Bitcoin gained 42.71% in Q3, its best thirdquarter performance since 2017, as US spot ETFs attracted $6.34 billion in net inflows. Source:Cointelegraph
Bitcoin's soft-inflation pop to $85,500 fades as bond yields refuse to fall
A coolerthanexpected PCE report sent bitcoin briefly above $85,000 on Wednesday. Treasury yields held near their highest since 2002 and the gains drained away.…
CFTC seeks to define event contracts as swaps amid prediction market fight
The classification could assist the CFTC’s claim that it has exclusive federal jurisdiction over event contracts offered on regulated prediction markets.…