Claims of Bitcoin manipulation encounter resistance as ETFs break a five-week streak of outflows.
Market Reactions to Jane Street Lawsuit This week, online chatter about a “10 a.m. Bitcoin fire sale” swirled after Jane Street, a quantitative trading firm, was sued by Terraform Labs’ court-appointed administrators. However, many in the market argued that there wasn’t consistent data pointing to any decline driven by this firm. The claims intensified shortly […]
Bitcoin ETFs Suffer Another $166M Decline as Five-Week Withdrawals Approach $4B
Simply put Spot Bitcoin ETF outflows have now marked three consecutive days of redemptions as of February 19th. Over the past five weeks, total outflows have approached $4 billion, continuing a trend of weekly declines since mid-January. Views among experts vary on whether this trend indicates a “controlled reset” or if the selling pressure will […]
Nasdaq likely to open lower, continuing its five-week decline
Analysts from UBS have noted that the upcoming minutes from the Federal Reserve’s January FOMC meeting, set to be released this week, are likely to offer minimal new information. There’s some chatter in the market about potential rate cuts in March or April, but UBS argues that “the market price for a rate cut in […]
National Poll — Kamala Harris’s Five-Week Lead Evaporates
Incumbent Vice President Kamala Harris had led poll after poll influx for about five weeks, but her lead over former President Donald Trump has evaporated, leading to a tie. Starting on August 6, CacklyMcNeverBorderCzar held a consistent lead. economist/YouGov National Poll of Voters. teeth Not anymore. On August 6, Kamala led Trump 45-43 percent (+2). […]
US Marshals find 41 missing kids and bust 3 —including sex offender — in five-week NYC operation
A five-week citywide operation led by U.S. Marshals led to the recovery of dozens of missing children and the arrest of three people, including a sex offender. In a “second search operation” that lasted more than a month and ended Monday, authorities tracked down 41 “seriously missing children,” including those who had been forced by […]