Combined institutional flows across spot Bitcoin ETFs, stablecoins and the world’s largest corporate holder of BTC, Strategy, have swung to a record $8 billion in net outflows in the last 30 days, according to analysis published by BIT on June 22. The scale of the reversal went beyond the mere slowing down seen in late […]
A strengthening US dollar could put further pressure on Bitcoin, which is already suffering from major institutional selling pressure amid geopolitical uncertainty and increasing inflation. “The bear market was confirmed almost exactly when the DXY found its bottom,” said Swissblock analysis on Monday. “At first, the dollar decline looked supportive for BTC. But the reversal changed […]
Current prices are not the most important thing when it comes to determining whether it’s the right time to acquire a certain asset, said the person behind one of the most popular investment books, Rich Dad, Poor Dad. Kiyosaki further explained when he is prepared to start acquiring more BTC, ETH, silver, and gold amid […]
Around 30,500 Bitcoin options contracts will expire on Friday, June 19, with a notional value of roughly $1.9 billion. This event is slightly smaller than last week’s and still not enough to impact spot markets. Crypto markets gained slightly before retreating in the second half of the week, with total capitalization hovering around the $2.25 […]
Bitcoin’s price is losing ground once again, as the asset was rejected at over $66,000 earlier today and dumped to $64,000 minutes ago, shortly after the conclusion of the latest FOMC meeting and the subsequent press conference by the new Fed Chair, Kevin Warsh. Unlike what many expected when he replaced Jerome Powell, Warsh maintained […]
Following a wave of selling pressure that pulled bitcoin (BTC) below $60,000 two weeks ago, analysts have highlighted on-chain data that signals possible seller exhaustion, which is further substantiated by a reprieve in macroeconomic conditions. According to analysts at crypto exchange Bitfinex, the market is witnessing a transition into late-stage capitulation rather than a broader […]
Bitcoin nearly reached $67,000 on Monday after US President Donald Trump said the US had helped broker a peace deal with Iran that would reopen the Strait of Hormuz. At the same time, new data suggests that BTC holders are enduring one of history’s biggest paper-loss periods, yet panic-driven selling activity remains unusually muted across […]
Analysts at the crypto exchange Bybit have highlighted factors that contributed to bitcoin (BTC) recording its worst single-week percentage decline since the FTX collapse in November 2022. According to the report, the decline was not triggered by random panic from the market, but was a result of a structural breakdown that had been building for […]
Despite the current market downturn, Matt Hougan, chief investment officer at Bitwise, said recent conversations with more than 40 financial advisors showed that interest in crypto remains strong. But their focus has shifted beyond Bitcoin. In a recent blog post, Hougan said he spoke with advisory teams, who collectively manage more than $175 trillion, and […]
Bitcoin’s price is on the move on Sunday evening, jumping past $65,000 for the first time in approximately ten days. The impressive price jump came after US President Donald Trump confirmed on his social media platform that the deal with Iran, as promised yesterday, “is now complete.” Recall that the POTUS noted yesterday that Iran […]