BitDigest March 10 · Issue #611

Mar 10, 2020

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CRYPTO MARKET UPDATE U.S. EQUITIES ARE CONTINUING THIS WEEK’S SELL-OFF, WITH THE SPY -0.71%  AND QQQ -0.94%  BOTH DECLINING APPROXIMATELY 0.28%, WHILE THE DXY N/A% AND TREASURY YIELDS INCH UPWARDS. In contrast, BTC 0.96% is moving sharply higher, trading at $65.8k, with rumors circulating that former President Trump will unveil plans to add Bitcoin as a strategic reserve at next week’s Bitcoin conference. ETH 0.02% is trading at $3,450 ahead of potential S-1 approval after...

CRYPTO MARKET UPDATE THE CRYPTO MARKET MOVED HIGHER IN THE EARLY MORNING HOURS AND IS NOW CONSOLIDATING POST-US MARKET OPEN. BTC 0.96% once again challenged the $65k level and is currently sitting just below it, following the ninth consecutive day of net inflows for BTC 0.96% ETFs. ETH 0.02% is showing outsized strength, likely due to ETF issuers filing their final documents yesterday afternoon, with the ETF launch expected on Tuesday (more on...

CRYPTO MARKET UPDATE AS EXPECTED, BTC 0.96% AND THE WIDER CRYPTO MARKET MOVED LOWER ON THE NEWS THAT THE MT. GOX TRUSTEE HAD TRANSFERRED BTC 0.96% OUT OF THE TRUSTEE WALLETS TO PARTNER EXCHANGES. However, the market has since rebounded, with BTC 0.96% pushing $65k after touching $62.5k in the early morning hours. ETH 0.02% has also rallied, though it is slightly lagging despite the upcoming launch of ETH 0.02% ETFs next Tuesday. ETF flows...

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