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The worst Uptober ever: a sign of things to come?

TL;DR Macro set the mood: the hosts discussed US–China headlines, a widely expected 25 bps Fed cut and a cooler CPI print alongside a mixed earnings season. Crypto = range city: BTC and ETH both sat between big support and big resistance, producing fake-outs in both directions. Alts: First things first: Alts got absolutely murdered…

Coins

BlackRock’s IBIT Sheds $291M in a Day, as Bitcoin ETFs Pull Back

In brief BlackRock’s IBIT saw its largest single-day outflow since early August, shedding $290 million. The drop reflects short-term macro uncertainty and a closed arbitrage window, not a long-term shift, according to analysts. Despite the weekly outflow, October’s total ETF inflows still beat September’s at $3.61 billion. U.S. spot Bitcoin ETFs witnessed a significant wave…

News

Kraken’s 2022 year in review

There has never been a dull moment in crypto, and this year was no exception.  In 2022, Kraken celebrated 11 years of our mission to accelerate the adoption of cryptocurrency so that you and the rest of the world can achieve financial freedom and inclusion. It’s been quite a ride. Our singular focus on this…