Not Enough Bitcoin on Exchanges

📢 Welcome to “Crypto Ki Taaza Khabar” with Kashif!

Follow Kashif on Twitter: https://twitter.com/simplykashif

In each episode of “Crypto Ki Taaza Khabar,” Kashif breaks down the most important news and developments in the crypto and Web3 space.

Do you need help to keep up with the ever-evolving world of cryptocurrency and Web3 technology? Look no further! Kashif is here to simplify the complex and deliver the freshest updates from the crypto and Web3 industry in a manner that’s easy to understand for everyone.
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News:
1. Digital asset investment products saw inflows of US$326m, the largest single week of inflows since July 2022!

🟢 Digital asset investment products saw inflows of US$326m, the largest single week of inflows since July 2022!

🔎 These numbers are due to what we believe was rising optimism from investors that the US SEC is poised to approve a spot-based Bitcoin ETF in the US.

– #Bitcoin –… pic.twitter.com/AbgsgjcaOz

— CoinShares (@CoinSharesCo) October 30, 2023

2. Americans now spend 2.7% of their disposable income on interest, the highest since 2008.

JUST IN: Americans are now spending 2.7% of their disposable income on interest, the highest since 2008.

In 2021, Americans were spending just 1.2% of disposable income on interest.

Meanwhile, 90% of mortgages are still locked-in to rates below 5%.

Many auto loans are still… pic.twitter.com/v5u27pM620

— The Kobeissi Letter (@KobeissiLetter) October 30, 2023

3. Crypto Exchanges Face Historic Liquidity Crunch Ahead of Bitcoin Halving
https://news.bitcoin.com/crypto-exchanges-face-historic-liquidity-crunch-ahead-of-bitcoin-halving/

4.US Treasury Deputy Secretary: Crypto Not Major Source of Funding for Terrorists
https://news.bitcoin.com/us-treasury-deputy-secretary-crypto-not-major-source-of-funding-for-terrorists/

5. Bitcoin’s page on Wikipedia has seen the highest number of views since June 2022 amid an ongoing rally
https://www.theblock.co/post/260033/bitcoins-page-on-wikipedia-sees-highest-views-since-june-2022-amid-ongoing-rally

6. Bitcoin’s post-FTX performance is in line with previous cycles

Bitcoin’s post-FTX performance in line with previous cycles

7. Why a Bitcoin ETF Is Making BTC Miners Nervous
https://decrypt.co/203725/bitcoin-etf-making-btc-miners-nervous

Bitcoin ETF: What Could Go Wrong?
https://decrypt.co/203721/do-bitcoiners-even-want-an-etf

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