Bitcoin’s second rejection from $67,000 has increased short-term downside risk as its weekly stochastic RSI signals a potentially prolonged bottoming phase. Failure to reclaim resistance could expose $62,000, $60,000 and $58,000, while the projected $45,000-$55,000 cycle-low zone remains speculative. Bitcoin’s Oversold Signal Points to a Longer Bottoming Process Bitcoin’s weekly stochastic RSI has entered oversold […]
Coinbase Warns Crypto’s Protection Could Eventually Break Crypto exchange Coinbase (Nasdaq: COIN) has started preparing its custody systems and infrastructure for a future in which powerful quantum computers could defeat the cryptography protecting Bitcoin, Ethereum and other blockchain networks. Coinbase Chief Information Security Officer Jeff Lunglhofer outlined the company’s position in a July 23 company […]
Institutional demand for Bitcoin [$BTC] gained momentum as Morgan Stanley’s Bitcoin Trust crossed $400 million in cumulative inflows. Meanwhile, U.S. Spot Bitcoin ETFs recorded $51.83 billion in cumulative net inflows. Source: The Wolf Of All Streets/X However, the funds registered approximately $240 million in daily outflows, showing that near-term demand remained uneven. The divergence emerged […]
Saylor Explains Why He Published the Curriculum Strategy Inc. (Nasdaq: MSTR) Executive Chairman Michael Saylor published the curriculum on July 25 on X as a guide for leaders making consequential decisions across business, politics, finance, and technology. Drawing on his education, technology career, and work with Bitcoin, the Strategy executive chairman connected those experiences to […]
Alex Thorn, the head of firmwide research at Galaxy Research, shared Galaxy’s analysis on X, adding his voice to the debate regarding Strategy’s newly announced Digital Credit Capital Framework. The new rules have sparked a debate about whether or not they will solve the company’s capital-structure problems or simply delay them. How does Strategy’s new […]
Cardano founder Charles Hoskinson has warned that Bitcoin could eventually lose its position as the world’s largest cryptocurrency if it fails to adapt to quantum computing. Speaking in an interview on The Starting Block, Hoskinson claimed that Bitcoin’s biggest weakness is its limited ability to implement major protocol upgrades. He argued that Bitcoin’s governance model […]
Following a few weeks of escalations, new threats, and strikes, United States President Donald Trump has reportedly ordered its military to stand down instead of carrying out the planned attacks for tonight. The crypto focus is back on bitcoin, which has typically shown a positive reaction to similar developments. However, the actual impact might be […]
Bitcoin on-chain data shows the market is more balanced than simply being in a “bull” or “bear” phase. While Coin Days Destroyed (CDD) has shown some major spikes in July, other indicators, such as NUPL and MVRV, suggest that the market is cooling down rather than experiencing a major sell-off. The data points to a […]
Appearing on Galaxy Brains, a program hosted by Galaxy Digital’s research director Alex Thorn, Castle Island Ventures Founding Partner Nic Carter offered critical insights into the AI revolution, the threats quantum computing poses to cryptography, and the future of Bitcoin. The recent acceleration of transition schedules to post-quantum cryptography standards by the US government and […]
A draft plan developed to protect Bitcoin against future quantum computing advancements has turned the debate in a different direction. The discussion is no longer related to cryptography, but governance. Is a system that was set up to resist changes capable of agreeing on an important upgrade before it is imperative? This week, the issue […]