BlackRock’s IBIT and Fidelity’s FBTC led inflows as bitcoin BTC$114,233.78 ETFs logged their strongest day since July, with BTC climbing past $114,000. Ether (ETH) topped $4,400, as Ethereum funds ETHA and FETH saw renewed demand according to data curated by SoSoValue. BTC spot ETFs pulled in $757 million of net inflows on Wednesday. Fidelity’s FBTC … Read more
After a very rough close to the month of August, crypto markets are starting September on a far stronger tone. The buying got started in force as U.S. traders returned to their desks following the three-day weekend, sending bitcoin BTC$111,032.07 to as high as $111,700 versus the $107,500 level seen as September began. At press … Read more
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin: Powell brings bearish lower high Bitcoin BTC$111,770.34 has retraced to levels last seen before Federal Reserve Chair Jerome Powell’s dovish remarks on Friday, which set expectations for a potential rate cut in September. At the time of writing, BTC is … Read more
Apple executives on Thursday forecast relatively strong sales growth, a sign the company will recover from a dip in iPhone sales as it rolls out artificial intelligence features. The forecast comes after Apple delivered a slight drop in iPhone revenues for the holiday shopping quarter and lagged Wall Street estimates, hampered by a lack in … Read more