Bitcoin [$BTC], the largest cryptocurrency by market capitalization at $1.35 trillion, has moved through one of the most unprofitable stretches in its history. Notably, $BTC’s slump has now extended across three separate quarters and two calendar years. That performance has broken away from the equities market over the same window, leaving a wide band of […]
Bitcoin’s [$BTC] recent profitability profile may be the key factor setting the asset up for a longer-term rally, given the immediate structure of the market. The asset has climbed from a July low of $57,800 to $65,777 twenty-two days later, a recovery that has reshaped the position of the market’s newest participants. That rally brought […]
NYSE-listed KULR Technology, a company previously known for its aggressive Bitcoin accumulation strategy, has transferred 145.8 $BTC valued at approximately $9.45 million to Coinbase Prime, according to blockchain analytics firm EmberCN. The transaction, which occurred roughly five hours ago, marks another significant reduction in the firm’s digital asset holdings. Rapid Decline in Bitcoin Reserves EmberCN […]
Bitcoin has fallen below $65,000 after the Trump administration announced tariffs of 10% to 12.5% on imports from 60 trading partners covering more than 99% of U.S. trade. CNBC reported that the duties will take effect at 12:01 a.m. ET on Friday, replacing the temporary 10% global tariff scheduled to expire the same day. The […]
The debate over when Bitcoin’s bear market will end is largely split between two views. One camp still holds on to the traditional four-year cycle, while the other believes that the bottom may already be in. Grayscale, for one, favors the latter. Macro Over Market Cycles The supporters of the four-year cycle theory see Bitcoin […]
Bitcoin [$BTC] has witnessed accumulation. Spot demand was still weak but recovering. Recently, CryptoQuant data of exchange netflows demonstrated that 9,030 $BTC left Binance. Yet the Coinbase Premium Gap was negative, indicating that U.S. institutional investors were net sellers. AMBCrypto reported that there was reason to think seller exhaustion was at hand. This exhaustion and […]
The DeFi Report, a cryptocurrency analysis and data platform, shared a comprehensive assessment of Bitcoin ($BTC) and the broader cryptocurrency market in its latest report. Analyzing the bear market that has lasted for approximately 9.5 months (287 days), analysts have made critical observations at the intersection of on-chain metrics, buyer group behavior, and global macroeconomic […]
The crypto market capitalization fell by nearly $27 billion on July 23, amid a notable sell-off in the Nasdaq 100 index and broader technology stocks. On Thursday, the crypto market cap declined by $26,909,225,074, down from $2,327,831,630,015 at the beginning of the day to about $2,300,922,404,941 at the time of reporting, according to data from […]
A Bitcoin address on-chain analysts believe is tied to the crypto investment firm Abraxas Capital has deposited 2,211 $BTC, valued at approximately $144 million, into the Kraken exchange. The transaction, flagged by blockchain analytics platform Arkham, occurred earlier this week and has drawn attention from traders monitoring large holder movements. On-Chain Signal and Market Implications […]
Bitcoin ($BTC) extended its recent correction on Thursday, trading below $65,800 after posting modest losses in the previous session. While institutional investors continue accumulating Bitcoin through spot exchange-traded funds (ETFs), growing geopolitical tensions in the Middle East have dampened investor sentiment and limited the cryptocurrency’s upside. The latest decline comes as higher oil prices and […]