Analysts are keenly watching money supply expansion as a key indicator for Bitcoin and crypto markets, with the notion that when central banks print more money, it eventually flows into high-risk assets such as crypto. Bitcoin markets are lining up with the 100-day offset of the M2 money supply, observed crypto YouTuber Lark Davis on […]
Last week, digital asset investment products saw $1.04 billion in inflows. The figure marks twelve straight weeks of positive momentum, logging total inflows at $18 billion. Price increases during the week lifted total assets under management to a record $188 billion. Meanwhile, trading volumes hit $16.3 billion, which aligned with the average weekly volume observed […]
Around 27,300 Bitcoin options contracts will expire on Friday, July 4, and they have a notional value of roughly $3 billion. This event is much smaller than last week’s end of month and end of the second quarter, so there is unlikely to be any impact on spot markets. They have ticked up towards the […]
On July 1, U.S. spot Bitcoin ETFs experienced a significant net outflow of approximately $342 million, marking a sharp reversal in investor sentiment. This shift is marked by the first outflow since June 6, and interrupted a period of sustained demand that had pushed cumulative net inflows to about $49 billion and total ETF assets […]
Corporate treasuries have surpassed ETFs for Bitcoin purchases for a third consecutive quarter. Around 131,000 BTC was accumulated by public companies in the second quarter, growing their Bitcoin balance by 18%. Meanwhile, ETFs accumulated 111,000 BTC with an 8% increase over the same period, according to Bitcoin Treasuries. More companies are “trying to benefit from […]
Bakkt Holdings has filed a shelf registration with the US Securities and Exchange Commission (SEC) to raise up to $1 billion through a variety of securities offerings while considering Bitcoin purchases for its corporate treasury. The digital asset platform, backed by Intercontinental Exchange, outlined in its Form S-3 filing that it could issue common and […]
A Bloomberg report has revealed that former Blackstone Inc. executive Chinh Chu and Reeve Collins, co-founder of stablecoin giant Tether, are teaming up to raise $1 billion for a listed crypto vehicle that aims to build a portfolio of digital assets. The capital is being raised through M3 Brigade Acquisition V Corp, a Special Purpose […]
A stunning misstep amid Bitcoin’s recent price swings caused by escalating Middle East tensions has reportedly seen seasoned crypto trader AguilaTrades lose over $35 million in just two weeks. According to a detailed thread posted on X by on-chain analytics account Lookonchain on June 23, the punter’s aggressive leveraged bets unraveled spectacularly as the Israel-Iran […]
US President Donald Trump announced a complete ceasefire between Israel and Iran, potentially ending the 12-day war, late on Monday. Trump took to his social media network, Truth Social, to state, “It has been fully agreed by and between Israel and Iran that there will be a Complete and Total CEASEFIRE.” Trump on the Israel/Iran […]
Bitcoin has fallen almost 10% from its all-time high and dipped back into five figures briefly during late weekend trading. While institutional demand remains strong, the correction could continue into July if history rhymes, observed analysts. Market analyst Benjamin Cowen said that “Bitcoin would likely start exhibiting some weakness around mid-June as the Q3 weakness […]