Key highlights: BlackRock transferred over $271 million worth of Bitcoin and Ethereum to Coinbase Prime, sparking speculation of potential selling activity. Spot Bitcoin ETFs have now recorded three consecutive days of net outflows, signaling weakening institutional demand. Bitcoin remains below its key moving averages while active sending addresses continue to surge, pointing to increased on-chain […]
Tag: BTC
Key highlights: Citadel expects the Federal Reserve to raise interest rates this week. Markets are pricing a 33% chance of a quarter-point increase. This could be the first interest hike in over three years. The Federal Reserve could surprise markets this week with its first interest rate increase in three years, according to Citadel Securities. […]
Key highlights: Apple faces lawsuit over fake crypto wallet app that stole nearly $2 million from users. The lawsuit argues Apple’s marketing around App Store security gave users a false sense of safety. Despite strict guardrails, bad actors are sidestepping Apple’s security measures to steal cryptocurrencies. Three Apple users have sued the iPhone maker, alleging […]