CRYPTO

For the 9th straight day (and 15th of the last 16), Bitcoin ETFs saw net inflows yesterday…

Source: Bloomberg

…lifting the total net inflow of assets to $12BN in 44 trading days…

Source: Bloomberg

The unprecedented success of these new investment vehicles in democratizing access to an alternative currency (away from the manipulative money-printing largesse of bigger and bigger government) is apparently pissing Democrats off.

And so, (more…)

Bitcoin faces a “sell-side liquidity crisis” by September if institutional inflows continue, an industry analyst says.

In a thread on X on March 12, Ki Young Ju, founder and CEO of on-chain analytics platform CryptoQuant, predicted a BTC supply watershed “within six months.”

Ki: Bitcoin bears “can’t win” while ETF flows continue

Bitcoin as an institutional investment allocation is only just getting started, industry participants have said, as United States-based spot (more…)

After kneejerking lower by over $4,000 after yesterday's hot CPI print, bitcoin has recovered all those losses and then some, to top a fresh record high of $73,600 this morning…

Source: Bloomberg

“Bitcoin wiped out overleveraged longs, retested the 2021 cycle high & then bounced back to $72,000,” popular trader Jelle summarized on X, adding that the landscape was now “looking good” for upside continuation.

As we noted on X, the rebound buying came (more…)