Institutional interest continues to grow, but a stronger dollar and shifting interest rate expectations are keeping a lid on the latest rally.
Why bitcoin couldn’t hold $70,000 despite its best week of Wall Street news in months
Institutional interest continues to grow, but a stronger dollar and shifting interest rate expectations are keeping a lid on the latest rally.
Shares:
Thursday marked the fifth straight day of net outflows for the U.S.-listed ETFs in their worst performance since mid April.
The company also plans to sell shares to fund the repurchase of existing debt.
The new framework due Jan. 1 will let banks pay interest on clients' e-CNY holdings.
Issuance capacity among bitcoin-holding companies could translate to tens of billions in market buying power.