After a violent eight-week streak with nothing but substantial withdrawals, the spot Bitcoin ETFs changed their course in the middle of July and now extended their recovery period with another green performance. However, the funds tracking the largest altcoin managed to beat the market leader in terms of weekly net inflows. BTC ETF Green Wave […]
American business intelligence firm Strategy has bolstered its financial position by addressing liquidity concerns raised earlier this year. In a July 14 follow-up, the on-chain analytics firm CryptoQuant said the company’s new capital framework has eased short-term financial pressure. The firm, however, noted that questions remain about Strategy’s long-term Bitcoin strategy. The update follows CryptoQuant’s […]
Crypto markets remained relatively flat over the weekend with low volatility and total capitalization hovering around $2.3 trillion. Nevertheless, military action in the Middle East has continued with the US Central Command reporting on Sunday that it was conducting a new wave of strikes against Iran for the ninth consecutive night. “The strikes will continue […]
The former cryptocurrency exchange giant announced yesterday that it will begin its fifth creditor distribution at the end of the month, pushing the total announced repayments beyond $10 billion almost four years after it went bust. The next batch of repayments will be for $900 million, which works in alignment with the company’s Chapter 11 […]
This week’s Bitfinex Alpha report has revealed that bitcoin usually has a five-to-six-month bear market window where it trades below the Short-term Holder Realized Price. The fifth and sixth months mark the final phase of the period, after which the asset experiences a broader recovery. July marks the fifth month in this bear phase window, […]
Corporate treasury demand remains one of Bitcoin’s most important structural sources of support, but experts suggest that the market is no longer treating it as a permanent, price-insensitive floor. Instead of focusing solely on how much BTC companies hold, QCP Capital stated that investors are increasingly evaluating whether the funding conditions behind those holdings can […]
On-chain data has confirmed that June was a painful month for bitcoin (BTC), but beyond the price weakness, both spot demand and institutional flows faltered. Due to last month’s performance, there is speculation that the market may be nearing a cyclical bottom, but this remains unconfirmed. In the meantime, analysts at the crypto exchange Bitfinex […]
Ripple’s Chief Legal Officer Stuart Alderoty has criticized Politico over its interpretation of a recent opinion poll, where the publication framed support for crypto legislation as “only 27%,” arguing that the figure actually represents 67 million American adults who already own digital assets. According to him, that same percentage cited as a sign of weak […]
Bitcoin is showing “early signs of stabilization” as the price momentum exits an extreme negative regime, reported analytics firm Swissblock on Tuesday. It added that on-balance volume (OBV) is also starting to support the regime shift and “recovery begins with momentum, but a new trend requires buyers to follow.” OBV is a momentum indicator that uses […]
The Bitcoin treasury company Strategy offloaded 3,588 BTC last week for approximately $216 million. The asset briefly plunged below $61,500 before recovering quickly. While the sale initially drew attention, the decision to sell more of the cryptocurrency could be a positive step that strengthens confidence in the company’s financing structure, according to Grayscale Research Head […]