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News Block: GBTC Sees Record Outflows, Cathie Wood Says Bitcoin Could Hit $3.8 Million in 2030, Japan's Largest Pension Fund Exploring Bitcoin, Fed Signals Rate Cuts
Description
In this week's episode of the Coin Stories News Block powered by Bitdeer (NASDAQ: BTDR), we cover these major headlines related to Bitcoin and global finance:
- GBTC Sees Record Weekly Outflows
- Cathie Wood Says Bitcoin Could Hit $3.8 Million/Bitcoin in 2030
- Japan's Largest Pension Fund Exploring Bitcoin
- Central Banks Signal Rate Cuts Are Coming
- President Biden Signs $1.2 Trillion Spending Plan
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The News Block is powered exclusively by Bitdeer Technologies Group (NASDAQ: BTDR), a publicly-traded leader in Bitcoin mining that stands alone as the only vertically-integrated, technology-focused Bitcoin mining company. Learn more at www.bitdeer.com.
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References mentioned in the episode:
- Bitcoin ETFs See Net Outflows of $888 Million
- Much of GBTC Selling Coming from Genesis
- The Latest Updated Table of ETF Flows
- Other ETFs Brought in $1.2 Billion Last Week
- Cathie Wood Calls Bitcoin "Financial Super Highway"
- Wood Increases Long-term Target to $3.8 Million
- 2023 Global Pension Assets Study
- Japan's State Pension Fund Exploring Bitcoin
- Argentina Bitcoin Purchases Hit 20-Month High
- Federal Reserve Sparks a Market Rally
- Gold Hits New All-time High
- Bank of America Research on Rate Cuts
- WSJ Article on Growing Treasury Market
- Biden Signs $1.2 Trillion Spending Plan
- CNBC Interview with Citadel's Ken Griffin
- Coin Stories Interview with Luke Gromen
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This podcast is for educational purposes and should not be construed as official investment advice.
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