Bitcoin climbed back above $62,000 once a weak US jobs report cooled bets on a near-term Federal Reserve rate hike, and the spot chart reads as a relief rally. The options desks trading Bitcoin’s futures are pricing something more guarded. The US Bureau of Labor Statistics put June payroll growth at just 57,000, well below […]
On Friday, the 3rd of July, Bitcoin [$BTC] managed to challenge the $63K-level but was unable to surpass it. The bounce from $58.5K at the start of the month appeared set to continue. According to AMBCrypto, overleveraged short positions were caught off-guard by this move. For Bitcoin alone, $143 million in short liquidations have been […]
June delivered the worst month in the history of United States spot Bitcoin ETFs, with more than $4 billion pulled and 2026 flows turning negative for the first time. Over the same 2 weeks, the largest wallets on the network absorbed 270,000 $BTC. One of these cohorts is going to be wrong, and the last […]
In a recent social media post, Phong Le, CEO of Strategy (Nasdaq: MSTR), described Bitcoin as a powerful symbol of freedom, drawing a direct comparison between the cryptocurrency and the United States as a land of opportunity. Le’s comments, shared on X, frame Bitcoin not just as a digital asset, but as a foundational tool […]
Longtime crypto critic Peter Schiff recently responded to the question of what price level would indicate Bitcoin has finally bottomed, in a discussion on X. In his usual characteristic manner, Schiff responded “0,” reinforcing his long-held skepticism toward digital assets. Bitcoin recently fell to a 21-month low as the prospect of higher interest rates and […]
A blockchain address widely believed to be associated with venture capitalist Tim Draper deposited 1,000 Bitcoin, valued at approximately $61.82 million, into Coinbase Prime roughly seven hours ago, according to on-chain tracking firm Lookonchain. The transaction has drawn renewed attention to one of the most famous government Bitcoin auctions in history. Background of the Silk […]
Amid intense debates around two technical initiatives that have split the crypto community, Strategy chairman Michael Saylor publicly outlined his position on how Bitcoin’s future should be shaped. His post on X was immediately supported with a repost by Blockstream CEO Adam Back. Whether Saylor’s statement is connected to real disputes over possible forks in […]
Prediction markets are increasingly betting that XRP will finish July 2026 above $1.20, according to data from Polymarket. With less than 28 days remaining before the contract expires, traders currently assign a 70% probability that XRP will close the month above the $1.20 level. The market, titled “What price will XRP hit in July?”, reflects […]
Bitwise CIO Matt Hougan said that Strategy should no longer be seen as merely a one-way buyer in the Bitcoin market. According to Hougan, the company’s newly announced capital framework allows it to meet its obligations by converting its Bitcoin assets into cash when necessary. Hougan stated that the recent sharp volatility in STRC and […]
Bitcoin returns far less for every dollar of new money entering it than it did in its early years, a decline in capital efficiency that has grown sharper as the asset has scaled. Analytics firm CryptoQuant measured how much fresh capital each bitcoin bull cycle took in against the price gain it produced. In the […]