Trump mulls creating first White House crypto post: Report
The role would be the first-ever crypto-specific White House role and may report directly to Trump, Bloomberg reported. Go to Source
Bloomberg
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‘Volmageddon’ — Bitcoin ETFs, Coinbase, MicroStrategy trading vol hits $38B
The combined daily trading volume of shares in MicroStrategy, Coinbase and Bitcoin ETFs hit $38 billion as Bitcoin breached $89,000. Go to Source
Polymarket is scanning for US users as election odds skew toward Trump: Report
Donald Trump now has 63.7% odds on Polymarket to win the US presidential election, but voter polls suggest otherwise. Go to Source
BlackRock’s IBIT investors throw $329M into ETF as Bitcoin dips 3%
BlackRock’s Bitcoin fund carried over to the rest of the United States spot Bitcoin ETFs, which recorded a net inflow of $294 million on Oct. 21. Go to Source
Crypto market matured ‘dramatically’ in 2024: Coinbase
Range-bound price action shouldn’t obscure the fast progress being made in bringing institutions and users onchain, Coinbase and Glassnode said in a Q4 report. Go to Source
Blockchain data firm Arkham to launch derivatives exchange: Report
Arkham Intelligence’s token, ARKM, is up more than 16% on the news, according to CoinGecko. Go to Source
Bitcoin ETF options expected by Q1 2025: Bloomberg analyst
Options on Bitcoin ETFs could speed up adoption among financial advisers, James Seyffart said at Permissionless. Go to Source
Propelled by crypto inflows, US ETF assets hit record $10 trillion
Cryptocurrency ETFs saw inflows exceeding $20 billion in 2024, according to Morningstar. Go to Source
Leveraged Microstrategy ETFs break $400m as ‘hot sauce arms race’ heat up
The ETFs add leverage to Microstrategy’s already levered-up Bitcoin strategy. Investors can’t seem to get enough. Go to Source
Cryptocurrency and Stocks Show High Correlation Levels as Macroeconomics Start Driving Markets
A Bloomberg analysis found that cryptocurrency and stock markets have shown a high correlation after the latest set of Federal Reserve interest rate cuts. According to analysts, this related movement would be the result of the macroeconomic variables taking control of the markets and should continue in the near term. Not Uncorrelated: Stocks and Cryptocurrency … Read more
