Jerry Lin
The Latest
-
Bitcoin's Value Dips to $38K Amid Grayscale's $600 Million Sell-Off
The cryptocurrency market witnessed a significant shake-up this week as Bitcoin, the world's premier digital asset, experienced a sharp decline, dropping to the $38,000 level. This downward trend coincides with a massive sell-off by Grayscale Investments, amounting to nearly $600 million worth of Bitcoin. 
The cryptocurrency market witnessed a significant shake-up this week as Bitcoin, the world's premier digital asset, experienced a sharp decline, dropping to the $38,000 level. This downward trend coincides with a massive sell-off by Grayscale Investments, amounting to nearly $600 million worth of Bitcoin. -
Bitcoin ETF Launch Triggers Price Drop: Unresolved Issues in Crypto Sphere Surface
The launch of spot Bitcoin ETFs has paradoxically led to a bearish trend in Bitcoin prices, primarily driven by pressure from unresolved issues within the crypto sphere. A significant factor contributing to the bear market is the conversion of Grayscale's GBTC from a closed-end trust to an open-end spot ETF, leading to a substantial increase in Bitcoin's market liquidity. 
The launch of spot Bitcoin ETFs has paradoxically led to a bearish trend in Bitcoin prices, primarily driven by pressure from unresolved issues within the crypto sphere. A significant factor contributing to the bear market is the conversion of Grayscale's GBTC from a closed-end trust to an open-end spot ETF, leading to a substantial increase in Bitcoin's market liquidity. -
Bank of Japan Holds Steady with Negative Rates, Cautious Amid Global Shifts
In a widely anticipated move, the Bank of Japan (BOJ) has maintained its ultra-loose monetary policy, continuing to stand as the only central bank in the world with negative interest rates. 
In a widely anticipated move, the Bank of Japan (BOJ) has maintained its ultra-loose monetary policy, continuing to stand as the only central bank in the world with negative interest rates. -
Oil Prices Climb 2% Amid Middle East Conflicts and North American Cold Snap
The fluctuating dynamics of the oil market have once again come into sharp focus as geopolitical tensions and weather conditions combine to exert upward pressure on oil prices. 
The fluctuating dynamics of the oil market have once again come into sharp focus as geopolitical tensions and weather conditions combine to exert upward pressure on oil prices. -
China's Banks Intervene to Bolster Yuan Amid Stock Market Tumble
China's state-owned banks actively intervened in the foreign exchange market on Monday, as the nation's stock markets experienced a significant slump. This initiative marks a concerted effort by Beijing to counteract the negative sentiment impacting equities and the broader financial landscape. 
China's state-owned banks actively intervened in the foreign exchange market on Monday, as the nation's stock markets experienced a significant slump. This initiative marks a concerted effort by Beijing to counteract the negative sentiment impacting equities and the broader financial landscape. -
Market Watch: Bitcoin Dips Below $41K Amidst ETF Surge and Market Uncertainty
Bitcoin, the flagship cryptocurrency, is experiencing fluctuations, trading below the $41,000 threshold, amidst a backdrop of remarkable activity in the Bitcoin exchange-traded funds (ETFs) sector. The world's largest crypto asset by market capitalization saw a 2.62% decrease in value in a single day and a 4.38% loss over the past week, standing at $40,668.51 on Monday morning. 
Bitcoin, the flagship cryptocurrency, is experiencing fluctuations, trading below the $41,000 threshold, amidst a backdrop of remarkable activity in the Bitcoin exchange-traded funds (ETFs) sector. The world's largest crypto asset by market capitalization saw a 2.62% decrease in value in a single day and a 4.38% loss over the past week, standing at $40,668.51 on Monday morning. -
Bitcoin ETFs Gain Momentum, Experts Predict Next Move to Options
The recent debut of spot Bitcoin Exchange-Traded Funds (ETFs) on Wall Street has sparked a new wave of interest in cryptocurrency-based financial products. 
The recent debut of spot Bitcoin Exchange-Traded Funds (ETFs) on Wall Street has sparked a new wave of interest in cryptocurrency-based financial products. -
Bitcoin Plunges to $40,000 Amid Market Correction and ETF Launch Aftermath
The cryptocurrency market experienced a significant downturn, with Bitcoin retracting to $40,000, marking a stark contrast to its performance in the previous year. 
The cryptocurrency market experienced a significant downturn, with Bitcoin retracting to $40,000, marking a stark contrast to its performance in the previous year. -
BlackRock's Bitcoin ETF Surpasses $1 Billion Despite Market Downturn
On Thursday, BlackRock's Bitcoin ETF, known as IBIT, surpassed the $1 billion mark, becoming the first among the recently launched Bitcoin ETFs to exceed this milestone 
On Thursday, BlackRock's Bitcoin ETF, known as IBIT, surpassed the $1 billion mark, becoming the first among the recently launched Bitcoin ETFs to exceed this milestone -
US Mortgage Rates Hit Seven-Month Low, Sparking Homebuying Activity
The U.S. housing market has seen a significant boost as mortgage rates plummeted to their lowest levels in seven months, fueling a resurgence in buyer and seller activity. 
The U.S. housing market has seen a significant boost as mortgage rates plummeted to their lowest levels in seven months, fueling a resurgence in buyer and seller activity.
