U.S. August PPI YoY came in at 2.6% and MoM at –0.1%. This reflected a material cooling of wholesale inflation, with markets rallying.
Bitcoin pushed to $114,000 after the print, crossing the decisive $113,000 level, while spot BTC ETFs recorded $757 million net inflows on Sept 10 (third straight day).
Ethereum spot ETFs posted $172 million in inflows yesterday while Bitmine received 46,255 ETH ($201 million), taking its holdings to 2,126,018 ETH ($9.24 billion).
Futures open interest jumped to 84.86 billion for BTC, as liquidations eased to 37.96 million, with shorts bearing the brunt.
CPI tomorrow is the near-term event risk; a second downbeat print would likely accelerate the current risk-on move.
With Fed officials in blackout until the October 27–28 meeting, Treasury yields, oil and AI earnings will set the direction for a Bitcoin market pinned between $80,000 and $85,000.
The contracts give institutions a regulated hedge on two smaller-cap tokens, and six months of CME trading in UNI would matter for Bitwise's pending spot Uniswap ETF.
Ledger’s supply-chain attack exposes the uncomfortable trade-offs behind hardware wallets: the devices promising security can create new vulnerabilities through complexity, opaque manufacturing and misplaced trust.
The Global Money Platform is the first product to combine Mastercard's payout and card network with BVNK's stablecoin infrastructure since Mastercard acquired the startup in August.
