Straight from the Desk

Syz the moment

Live feeds, charts, breaking stories, all day long.

25 Jul 2024

NEW: Fold becomes the first Bitcoin only financial services company to go public on the NASDAQ 👏

They already have 1,000 BTC on their balance sheet 🚀 Source: Bitcoin magazine

24 Jul 2024

NEW: BlackRock's Bitcoin ETF has had more inflows this year than the Nasdaq-tracking $QQQ ETF.

Source: Bitcoin Archive

24 Jul 2024

U.S. Bitcoin ETFs accumulated almost one million Bitcoin (~911k) in just 6 months

That’s 1/21 of total supply that will ever exist! Source: Carl MENGER on X

23 Jul 2024

ETF YTD net flows ranking... iShares Bitcoin spot ETF $IBIT has passed Invesco Nasdaq 100 $QQQ into YTD net flows.

And could pass Vanguard's Total Stock Market ETF very soon too. Compare the net sizes of these ETF's vs. net inflows. Demand for Bitcoin via ETF has been relentless. Unprecedented really. Source: SpencerHakimian, Bloomberg

22 Jul 2024

Bitcoin $BTC reaction following the news that Biden is leaving the race was heavily scrutinized by market participants for 2 reasons

1/ It is the only risk assets traded 24/7 and thus reacting to news over the week-end; 2/ Bitcoin is now seen as a "pro-Trump" asset (i.e of it goes down that means that markets see a lower chance for Trump to be re-elected). While the initial reaction to the news was BTC going down almost $1,000 in a matter of minutes, BTC bounced back later on to trade at the highest level of the week-end (around $68k). So if Bitcoin is any guide, the Trump election trade does not seem to have been damaged... Source chart: coingecko

22 Jul 2024

There is a website tracking the German Bitcoin losses in real time:

https://lnkd.in/eU_icc8x Source: Carl B Menger on X

22 Jul 2024

Bitcoin has decoupled from its strong correlation with tech overall in the last two weeks...

Source: Bloomberg, zerohedge

17 Jul 2024

NEW:US Spot Bitcoin ETFs hit $16 billion inflows 🚀

Source: Bitcoin Magazine

Thinking out loud

Sign up for our weekly email highlighting the most popular posts.

Follow us

Thinking out loud

Investing with intelligence

Our latest research, commentary and market outlooks