Strategy (MSTR), the largest corporate holder of Bitcoin (BTC), now has a total market value of billions of dollars below the value of the cryptocurrency it owns. As of December 3, the company’s market capitalization sits near $50.7 billion, while its BTC reserve is valued at approximately $60.4 billion. The situation has created a historic valuation […]
Bitcoin prices have recovered to exceed $93,000 again during early trading in Asia on Wednesday morning. The move comes less than two days after it dumped to $84,000 in the latest violent leverage flush. The asset has now recovered all losses from that drawdown and is sitting at a crucial resistance point. The move has also […]
According to CryptoQuant analyst Carmelo Alemán, the market is mispricing Strategy (MSTR), arguing that the firm’s 649,870 BTC stash now implies a value that’s about 78% above where the stock currently trades. He bases that view on on-chain metrics and CryptoQuant’s MSTR “price bands,” which he says now show the stock sitting deep in its […]
Bitcoin (BTC) is showing tentative signs of stabilization after a turbulent month, with a massive $8 billion evaporation from futures markets signaling a painful but necessary cleansing of excessive speculation. This dramatic leverage reset, combined with steady accumulation by larger investors, suggests the foundation for a potential recovery is being laid, even as prices tread […]
Bitcoin’s recovery from its dump below $81,000 late last week started off well but appears to have stalled over the past 24 hours. Now questions are being asked about whether it truly has bottomed or whether it will fall even further. A Santiment analyst said on Wednesday that social media sentiment has turned notably bearish, with […]
Bankless co-founder David Hoffman has said that Ethereum would continue functioning normally even if Bitcoin were to fail due to the threat posed by quantum computing. His remarks follow renewed discussions about the potential impact of the technology on the leading cryptocurrency. Bitcoin’s Collapse Would Not Kill Crypto In a recent article shared on X, […]
Bitcoin’s violent slide from around $107,000 on November 11 to lows near $81,000 on November 21 has rattled traders across the market. However, new on-chain data shows this was first and foremost a Bitcoin panic, not an Ethereum meltdown. A Tale of Two Sell-Offs Analysis from XWIN Research Japan shows how the October–November correction split […]
The state of New Hampshire has approved the first municipal debt instrument in the United States to be backed by Bitcoin (BTC). Industry observers believe the move could open the door for digital assets to enter the global debt market, which is valued at about $140 trillion. $100M Bitcoin-Backed Financing According to journalist Eleanor Terret, […]
Computer scientist Nick Szabo, whose work helped pave the way for Bitcoin (BTC), has stated that cryptocurrencies are not “trustless” but rather “trust-minimized,” with each possessing a legal attack surface that governments can potentially exploit. Szabo’s distinction struck at a core belief held by many BTC proponents and comes at a time when there’s a […]
A 41-day liquidation cascade erased $1.1 trillion from the crypto market, marking one of the most severe structural contractions in its history, according to an analysis by Shanaka Anslem Perera. The industry observer is framing the wipeout as the end of the high-leverage era and the beginning of a more institution-driven trading environment for the […]