As macro tailwinds lift bitcoin $BTC$64,532.45, two distinct groups of investors are selling into strength, potentially slowing the ascent. The first are long-term holders, which Glassnode defines as addresses/wallets that tend to hold for at least five months. Long-term holders, who bought near highs last year, are capitulating, or using the bounce to sell their […]
Bitcoin (BTC) has formed a rare bullish Relative Strength Index (RSI) divergence on its weekly chart, a technical signal that previously preceded a rally of more than 700%. The weekly bullish RSI divergence has emerged during BTC’s consolidation following its correction from 2025 highs above $120,000, signaling that selling pressure may be easing and echoing […]
The proposal to freeze bitcoin’s quantum-vulnerable coins has always carried an asterisk. BIP-361, published in April by Jameson Lopp and five co-authors, would block new deposits to vulnerable addresses after three years and freeze whatever remained after five, stranding coins in more than a third of bitcoin’s supply, including the roughly 1.1 million BTC attributed […]
BlackRock attracted nearly $350 million in net inflows across its spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) over five trading days, highlighting renewed institutional demand for the two largest cryptocurrencies. Data covering July 13 to July 17 shows BlackRock’s spot Bitcoin ETF, IBIT, recorded net inflows of $204.1 million during the period. Meanwhile, […]
Strategy founder Michael Saylor has published a comprehensive assessment of the BIP 110 proposal, which aims to limit data usage on the Bitcoin network. Saylor notes that while supporters of the proposal share the goals of reducing node running costs, keeping payments accessible, and preserving Bitcoin’s sound money focus, he opposes changing consensus rules as […]
Bitcoin’s Bear Market May Be Entering Its Final Phase Blockchain analytics platform Cryptoquant shared an analysis on July 18 suggesting bitcoin’s bear market may be approaching its final stage. The signal compares the average acquisition prices of short-term and long-term holders. The analyst said: “The end of the bear market is approaching.” Cost basis refers […]
Bitcoin options desks picked up a telling signal this week — a surge in call spread activity that pins a $72,000 price target to the final days of July, coinciding with the Federal Reserve’s next policy announcement. Data from the options market, as reported in the original CoinDesk report, shows large traders paying a premium […]
Michael Saylor, the Executive Chairman of Strategy, the biggest corporate Bitcoin ($BTC) holder, has recently reflected on Bitcoin adoption. Michael Saylor argued that businesses are crucial in the top crypto asset’s worldwide growth. In his recent social media post on X, he stressed that companies deliver the organizational model required to achieve long-term resilience, transparency, […]
Bitcoin governance debates are heating up again, and this time Michael Saylor has entered the conversation with a lengthy critique of BIP 110. Rather than focusing on price or market cycles, Saylor argues the proposal could fundamentally change how Bitcoin evolves by introducing consensus rules that restrict currently valid transactions. His argument isn’t that every […]
Bitcoin’s institutional demand will come back stronger, according to Bloomberg ETF analyst Eric Balchunas. The analyst noted that U.S. spot $BTC ETFs could follow gold ETFs’ ‘triumph and pain’ pattern and would eventually surge to a new record high. Gold ETFs were briefly the world’s largest ETF in 2011 but spent another eight years in […]