WorldPingCNBC World
Wholesale prices were flat in July, below expectations for 0.2% increase
The producer price index was expected to increase by 0.2% in July, according to the Dow Jones consensus.
Brief by WorldPing · Original reporting by CNBC World
Cointelegraph
Bitcoin speculators keep BTC price ‘pinned’ below $68.7K: Glassnode
WorldPingBitcoin’s weakness near range highs stems from short-term holders trying to break even on underwater BTC investments, Glassnode says.
This is a short WorldPing brief. The full report was published by Cointelegraph.
Read the full report at CointelegraphRelated news
WorldPingCointelegraph
Bitcoin keeps traders guessing near $64K as stocks gain on cool US PPI data
Bitcoin joined US stocks in modest gains after July PPI inflation data continued a cooling trend seen over the past month.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingBitcoin.com
Fidelity Pulls $46.8M From FBTC as Bitcoin ETFs Turn Red
U.S. spot bitcoin ETFs returned to net outflows on Wednesday, losing $61.16 million after Tuesday’s modest rebound. Ether funds saw a $7.38 million inflow, while solana, XRP and HYPE ETFs recorded no net activity. Ether ETFs Add $7.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingThe Block
Bitcoin continues ranging as crowded longs meet soft inflation, the quietest tape since 2019: analysts
Bitcoin flattened under $64,000 as flat July PPI and in-line CPI both failed to spark a rally, with Glassnode flagging absent buyers.
Brief by WorldPing · Original reporting by The Block
WorldPingCryptoSlate
Goldman Sachs drops $2.25 billion to hijack the Bitcoin yield market and leapfrog BlackRock by 19x
BTCI listed a 26.73% distribution rate, a 1.62% SEC yield and a negative 41.66% one-year NAV return.
Brief by WorldPing · Original reporting by CryptoSlate
WorldPingCryptoSlate
Why millions of everyday savers will soon own Bitcoin without ever downloading a crypto app
A future Bitcoin buyer may encounter the asset through a portfolio they already own. An adviser can add a small allocation, a brokerage account can hold a spot ETF, and future retirement products could place Bitcoin inside another familiar investment wrapper.
Brief by WorldPing · Original reporting by CryptoSlate