AGP Executive Report
Last update: 3 hours agoETF Inflows: US spot Bitcoin and Ether ETFs logged a blockbuster week, pulling in about $2.6B net inflows (strongest since October), with Bitcoin funds taking roughly $1.9B and Ether about $697M as trading volumes surged. Macro Catalyst: The rally kept feeding on US Treasury buyback expansion for long-dated bonds and a weaker dollar, while Powell’s Jackson Hole remarks sparked a separate surge in ETH, which cleared its Coinbase all-time high. Market Mood: Bitcoin’s move came with a violent short squeeze and traders now watch $80K as resistance after a fast run and signs of momentum exhaustion. On-Chain Reality Check: A major Coldcard firmware update forces users to add their own randomness after a prior RNG-related exploit, underscoring custody and device security risks. Crypto Policy Watch: The SEC is proposing a path for crypto projects to raise up to $75M and later end token securities obligations, while White House talks around the Clarity Act helped lift sentiment across majors, including XRP. Scam Pressure: Police in India linked crypto laundering to “digital arrest” scams, including splitting funds into many small Bitcoin transfers to overseas handlers.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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