CRYPTO

Last October, when we pointed out that China's FX outflows had just hit a whopping $75BN – the single biggest monthly outflow since the 2015 currency devaluation – we concluded that the "unfavorable interest rate spread between China and the US will "likely imply persistent depreciation and outflow pressures in coming months", or in other words, September's biggest FX outflow in years is just the beginning, and very soon – in addition to geopolitics and central banks – (more…)

On May 3, ZeroHedge is partnering with Crypto Banter to bring together top macroeconomic minds to debate Cryptocurrency: is it the financial engine of the future or a worthless bubble?In…

Authored by Vivek Sen via BitcoinMagazine.com,

BlackRock's Bitcoin ETF, IBIT, is now one of the top 10 ETFs of all-time, at least when it comes to maintaining its streak of daily investment inflows.

As of Tuesday, April 23, IBIT has seen 70 days of inflows, meaning that the fund has seen a positive increase in its total holdings of the underlying asset, in this case spot Bitcoin.

Source: Bloomberg

IBIT has yet to see a day of outflows, in which its holdings (more…)