Nearly 3 million Bitcoin (BTC), worth approximately $200 billion and representing 15% of the circulating supply, currently sits on centralized exchange platforms. The concentration of assets on trading venues reveals that, despite the shock of the FTX collapse in 2022 and years of industry messaging around self-custody, about one out of every six BTC in […]
Bitcoin is “range-bound under pressure,” having broken below the “True Market Mean,” slipping into a “defensive range toward the Realized Price,” of around $55,000, reported Glassnode on Wednesday. The on-chain analytics provider remained bearish, noting that demand across spot and derivative markets was weak. “Spot flows and ETF demand remain weak, accumulation is fragile, and options […]
Bitcoin miners have moved more than 36,000 BTC from exchanges since the beginning of February. The volume stands out when measured against earlier months and points to a change in how they are managing their holdings. Miner Activity in February A CryptoQuant report indicates that roughly 36,000 BTC were transferred from trading platforms within a […]
Investment products linked to digital assets experienced their fourth consecutive week of outflows, recording $173 million and pushing cumulative losses over four weeks to $3.74 billion. Early in the week, inflows reached $575 million amidst brief optimism, but continued price weakness, which ended up triggering $853 million in outflows soon after. Sentiment stabilized slightly on […]
“The folks saying this [crypto] winter is worse than 2018 or 2022 don’t remember 2018 or 2022,” said Bitwise Chief Investment Officer Matt Hougan on Tuesday. In 2018, “we had $3,000 Bitcoin and a ‘global computer’ [Ethereum] with no applications and limited throughput,” he said before adding, “In 2022, we had a total market collapse […]
All eyes will be on the PCE inflation report this week, following last week’s CPI, and the Federal Reserve minutes on Wednesday. January’s CPI came in slightly below expectations, with headline inflation at 2.38% year-on-year and core CPI at 2.5%, the lowest since early 2021. This boosted the stock and crypto markets on Friday, but […]
The US Department of Justice announced that Ramil Ventura Palafox, the CEO of Praetorian Group International (PGI), was sentenced to 20 years in prison. Prosecutors stated that Palafox operated a $200 million Bitcoin-based Ponzi scheme that defrauded more than 90,000 investors across the world. Bitcoin Fraud Case According to court documents, Palafox, the 61-year-old dual […]
Bitcoin (BTC) fell to about $60,000 on February 5 after sliding roughly 50% from its peak near $126,000, according to the latest market note from Binance’s research arm. The report argues that, compared with prior cycles, the scale and structure of the decline suggest a market shaped more by institutional capital and macro forces than […]
“Short-term holders keep suffering as this correction drags on,” said CryptoQuant analyst ‘Darkfost’ on Wednesday. The short-term holder cost basis is around $94,200, and with BTC back at around $67,000, the price gap has now reached 28%, they said. “So we can roughly estimate an average unrealized loss of about 28% for STHs, if we […]
The behemoth in investment banking published its Q4 2025 Form 13F disclosure, outlining its positions in four of the largest cryptocurrencies by market cap. Given the recent price declines in the digital asset space, their USD value has declined, but the disclosure still shows an interesting pattern. Goldman’s Crypto Portfolio NEW: Wall Street investment bank […]