Analysts have forecasted that Solana (SOL) treasury companies might outshine Bitcoin (BTC) and Ether (ETH) in 2025. Galaxy’s Michael Marcantonio outlined various reasons why SOL is the superior choice for such companies, including its higher staging yield and throughput. Expert Backs SOL as High-Yield Reserve Asset Marcantonio shared his views in a September 15 X […]
“With 95% of total supply soon to be in circulation, the market may be shifting from an era of abundance to one defined by scarcity,” wrote Fidelity Digital Assets researcher Zack Wainwright in a report released on Monday. The report identified two cohorts that defined the threshold of illiquid supply. These were entities with Bitcoin […]
Investor confidence in Bitcoin saw a powerful comeback as the asset drew $2.4 billion in inflows. This figure is its biggest weekly tally since July. Meanwhile, short-Bitcoin products lost ground, with outflows trimming their assets under management to $86 million. Ethereum also benefited from the change in sentiment. After eight days of consistent withdrawals, it […]
In its latest report, BitMEX Research examined how BRC-20 Tokens and Ordinal images are affecting Bitcoin node verification. The study looked at Ordinal-related data on Bitcoin, including the transaction count and data size, to determine their impact on node operators. BRC-20 Tokens Strain Bitcoin Nodes More Than Images The September 8 report revealed that BRC-20 […]
The Minneapolis-based bank with over $685 billion in total assets has renewed its Bitcoin custody services for institutions. Following a 3-year pause, now in a more crypto-appreciative environment, this is possible once more. Back After a Hiatus Shared via a press release, U.S. Bank, the primary operating subsidiary of U.S. Bancorp, announced yesterday that it […]
The Trump family-owned American Bitcoin began trading on the Nasdaq under the ticker symbol ‘ABTC’ on Tuesday following the completion of its stock merger with Gryphon Digital Mining. The firm is a Bitcoin accumulation platform focused on building America’s Bitcoin infrastructure backbone, according to the announcement. Shares in the Trump-backed Bitcoin venture surged as much […]
Only around 9% of the Bitcoin supply is currently in the red, carrying up to 10% unrealized losses, according to Glassnode. Comparatively, the local bottom of this cycle saw more than 25% of supply at up to 23% losses, the analysts noted. BTC fell to around $75,000 on April 9 in a correction that took […]
According to historical patterns, Bitcoin sets its monthly high or low within the first 12 days of the month more than 80% of the time. “It’s been a good strategy to wait out the first few days of the month, as it generally sees choppy price action with a lot of shakeouts,” said full-time trader […]
Digital asset investment products staged a comeback last week, reversing prior outflows with $2.48 billion in inflows. August inflows now total $4.37 billion, which lifted year-to-date numbers to $35.5 billion. Activity was strong until Friday, when flows turned negative following the Core PCE release. The data dampened hopes for a September Fed rate cut and […]
Prominent stablecoin issuer, Tether, has announced plans to launch USDT on RGB, a next-generation protocol for issuing digital assets directly on Bitcoin. RGB, which recently went live on mainnet with its 0.11.1 release, is designed to extend Bitcoin’s capabilities beyond being a store of value by enabling private, scalable, and user-controlled asset issuance. Tether’s Bitcoin […]