WorldPingSpot bitcoin funds took in $337.56 million on Aug. 24, extending an unbroken run of inflows that has now put real money behind a rally that started with a short squeeze.
This is a short WorldPing brief. The full report was published by CoinDesk.
Read the full report at CoinDesk
WorldPingAnalysts say it's still too early to tell if this will translate into a bull market, given sticky inflation and geopolitical uncertainty.
Brief by WorldPing · Original reporting by The Block
WorldPingTraders are spending millions to position for further Bitcoin upside after its staggering rally to $80,000, though demand for downside protection remains firm, according to Laevitas.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingBTC is up more than 25% on the week after Treasury’s bond-buyback expansion sparked a rally, while Solana led majors Tuesday as validators vote on proposals to slow new SOL creation and raise daily burns.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingBitcoin and gold rose as the dollar weakened following expanded Treasury bond buybacks, reflecting concerns about U.S. fiscal policy, analysts say.
Brief by WorldPing · Original reporting by Decrypt
Bitcoin initially surged past the $80,000 mark, as renewed inflows into spot bitcoin ETFs and improving risk appetite extended the recent crypto rally.
Brief by WorldPing · Original reporting by CNBC World
WorldPingBitcoin surged past $81,000, lifting its market cap to $1.62 trillion. The move wiped out $282 million in short positions over 24 hours—representing 62% of all crypto short liquidations.
Brief by WorldPing · Original reporting by Bitcoin.com
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