Outflows

Coinshares did not release its weekly report on digital assets inflows/outflows. However, Head Of Research James Butterfill took to X and indicated that digital assets saw $103 million in inflows over the past week. What Happened: According to data from Coinshares, there has been a shift in...

Investors have withdrawn around $3 billion from the stablecoin USDC over the course of three days, according to a blog post by Circle (CRYPTO: USDC). The sudden outflows were triggered by the news of the collapse of Silicon Valley Bank (NASDAQ: SIVB), which held around $3.3 billion of USDC...

Michael Hartnett, Bank of America's Chief Investment Strategist, stated that cash is outperforming stocks and bonds for the first time since 1990. Hartnett's "Bull & Bear Index" is now the most bearish since October 2011. Hartnett also noted the "Global Wealth...