Bitcoin steadied near $64,000 over the weekend, clawing back part of Friday’s drop, as traders weighed the start of US-Iran ceasefire talks against a renewed threat to close the Strait of Hormuz. The token traded around $64,200 on Sunday, up 0.9% over 24 hours but roughly flat on the week, per CoinDesk data, after dropping […]
US-listed spot Bitcoin exchange-traded funds recorded their largest 30-day net outflow since launching in January 2024 amid a crypto bear market. According to data from Galaxy Research, US Bitcoin ETFs saw $6.35 billion in net outflows over a trailing 30 trading days. It also comes as they registered their sixth week of outflows last week, […]
CME‘s bitcoin options open interest, measured in dollar terms, has dropped from a peak near $290 million in late November to roughly $30 million to $40 million by mid June, according to Cryptoquant data. Put open interest still outweighs calls on most trading days, a pattern that has held since July 2025. When CME’s options […]
From Bear Market Brink to Bitcoin Empire: Strategy’s 716,000 $BTC Expansion Since 2022 On June 20, Strategy (Nasdaq: MSTR) Executive Chairman Michael Saylor revisited a speech delivered in 2022, highlighting how sharply market conditions deteriorated after that presentation. Conditions worsened significantly in the months that followed. As bitcoin sank below $16,000 and confidence across the […]
SkyBridge Capital founder Anthony Scaramucci stated that he maintains his long-term optimism for Bitcoin, and explained five key reasons why he remains bullish on BTC. According to Scaramucci, Bitcoin’s most important feature is that its value cannot be diminished by any government. Arguing that Bitcoin’s 21 million supply limit is secured by code, not promises, […]
Daily Chart The bounce off $59,000 produced a string of higher lows on the daily chart, and the price now consolidates between $63,000 and $64,000. Trading volume spiked during the capitulation phase and has since pulled back, a pattern that often points to fading panic selling rather than fresh distribution. On the daily timeframe, resistance […]
Billionaire investor Ricardo Salinas has shared a bullish outlook on Bitcoin. He argued that the world’s financial system is built on weakening fiat currencies. Additionally, he stated that Bitcoin remains one of the best ways to preserve wealth. During a recent interview, Salinas explained why he avoids the AI investment boom. He also explained why […]