Bitwise Investment Director Matt Hougan has weighed in on Strategy’s recent Bitcoin sale, noting that the transaction reflects routine capital management rather than financial distress. Despite the company selling over $200 million worth of BTC, the cryptocurrency’s price continued to climb â a signal Hougan says points to robust buying demand across the market. Sale ...
Michael Saylor Positions Bitcoin as ‘Digital Capital’ and Potential Global Reserve Asset Strategy executive chairman Michael Saylor continues to advocate for Bitcoin (BTC) as a long-term store of value, recently outlining an investment thesis that frames the cryptocurrency as “digital capital” and a potential new global reserve asset. Why Saylor Calls Bitcoin an Open Global ...
Bitcoin ETFs See $462.7 Million Weekly Outflows as Price Drops Below $78K Following a robust August rally that brought $3.52 billion in monthly inflows to spot Bitcoin ETFs, September has opened with significant selling pressure. During the week of September 8â11, these funds recorded cumulative net outflows of $462.73 million, coinciding with Bitcoin’s price decline ...
Bitcoin hovered near a critical technical threshold Thursday as risk assets sold off broadly on surging oil prices, rising Treasury yields, and mounting expectations for another Federal Reserve interest-rate hike. Key Support Level in Focus Bitget analyst Lewis Huang marked the line before the print, saying “$76,270 is an important technical support level.” Bitcoin is ...
Investor appetite for U.S.-listed spot bitcoin exchange-traded funds (ETFs) has surged in recent weeks, yet cumulative flows for 2024 remain deeply negative. Strong Summer Inflows Fail to Offset Spring Selloff Data from SoSoValue shows a dramatic turnaround in August, which attracted a massive $3.52 billion in fresh capital. Momentum carried into September, adding another $770.15 ...
Bitcoin is trading near $78,000, down 0.4% since midnight UTC and about 0.7% over the past seven days as the market consolidates after a short…
Oil is increasingly driving the rates market, with the U.S. 10-year Treasury yield rising to 4.78%. Traders now see roughly 64% odds of an interest-rate…
Bitcoin, Ethereum, Tron, and Cardano are showing sharply different patterns in active addresses, highlighting major differences in blockchain usage and network demand. Bitcoin Activity Reflects…
Crypto ETF demand broadened this week as Bitcoin funds recorded $924.48 million in net inflows and Ether funds attracted $824.42 million. Capital also moved into…
Bitcoin traded near $77,900 on Aug. 31 as renewed fighting between the United States and Iran pushed oil prices higher and pressured global equity markets….
U.S. spot Bitcoin exchange-traded funds recorded $201.9 million in net outflows on Aug. 28, ending a nine-day inflow streak and reducing cumulative net inflows to…
Bitcoinâs current bull-cycle peak could be driven by institutional capital and exchange-traded funds (ETFs) outside the United States, according to Ki Young Ju, founder and…