Friday, May 16, 2025
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Bitwise Bitcoin Fund Doubles to $9M as Investor Fears Grow Over Runaway Inflation

Accredited investors worried about out-of-control inflation have poured millions into Bitwise’s bitcoin fund as a means to preserve the value of their portfolios. An amended filing with the Securities and Exchange Commission (SEC) last week showed the asset manager had raised, in total, just under $8.9 million for

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Market Wrap: Bitcoin Sticks to $10.7K; DeFi Site dForce Doubles TVL in 24 Hours

Buying volume is pushing bitcoin higher. Meanwhile, DeFi investors continue to seek places to park crypto for steady yield.Bitcoin (BTC) is trading around $10,730 as of 20:30 UTC (4:30 p.m. EDT). Gaining 0.50% over the previous 24 hours.Bitcoin’s 24-hour range: $10,550-$10,795BTC above its 10-day and 50-day moving averages, a bullish

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Market Wrap: Bitcoin Drops to $10.2K; Scaling Solution xDai Doubles in Value Locked

The bitcoin market continues to display weakness; xDai total value locked shows interest in Ethereum scaling solutions.Bitcoin (BTC) trading around $10,285 as of 20:00 UTC (4 p.m. EDT). Slipping 1.8% over the previous 24 hours.Bitcoin’s 24-hour range: $10,250-$10,575BTC below its 10-day and 50-day moving averages, a bearish signal for market

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