Bitcoin 'money vessel' amasses B but recovery lacks ETF inflows

Bitcoin 'money vessel' amasses $8B but recovery lacks ETF inflows

Despite an $8 billion rise in realized cap, Bitcoin’s recovery lacks the continued inflows from ETFs and Michael Saylor’s Strategy as the main demand drivers, according to CryptoQuant. Bitcoin’s onchain inflows are signaling robust demand for the world’s largest cryptocurrency, with both investors and miners ramping up their activity despite the negative market sentiment since…

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Columbia Business professor casts doubt on tokenized bank deposits

Columbia Business professor casts doubt on tokenized bank deposits

Tokenized bank deposits lack the flexibility and technical features of stablecoins, making them an inferior product, according to Omid Malekan. Banks and financial institutions have started experimenting with tokenized bank deposits, bank balances recorded on a blockchain, but the technology is doomed to lose out to stablecoins, according to Omid Malekan, an adjunct professor at…

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‘Bitcoin smells trouble’ as banks are stressed and ‘yields are puking’ – Strike CEO

‘Bitcoin smells trouble’ as banks are stressed and ‘yields are puking’ – Strike CEO

Regional banks faced renewed stress despite 2023 crisis reforms, with Zions and Western Alliance stocks plunging as Bitcoin fell to a four-month low. Several regional banks in the United States are facing renewed stress despite strengthening their finances after the 2023 banking crisis, and Bitcoin could benefit from any liquidity crisis that follows. Strike CEO…

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Bitcoin holds 5K as US bank stocks recover, Trump truce lifts sentiment

Bitcoin holds $105K as US bank stocks recover, Trump truce lifts sentiment

Bitcoin fell below $105,000 as US banking stress rattled risk markets, but stronger-than-expected regional bank earnings helped ease investor fears. Will the BTC uptrend resume any time soon? Key takeaways: Bitcoin price stabilized after US regional banks posted stronger-than-expected earnings, easing credit fears. One analyst predicted Bitcoin’s bull run could end in 10 days. Read…

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