Sunday, June 30, 2024

Kaiko: the proportion of Bitcoin traded over weekends has fallen to 16% in 2024 so far, down from 28% in 2019, a trend likely accelerated by Bitcoin ETFs launch (Benjamin Taubman/Bloomberg)

Benjamin Taubman / Bloomberg:
Kaiko: the proportion of Bitcoin traded over weekends has fallen to 16% in 2024 so far, down from 28% in 2019, a trend likely accelerated by Bitcoin ETFs launch  —  - Weekend trading drops to 16% of total volume, Kaiko says  — ETFs, dwindling volatility lessen appeal, researcher says



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

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