Bitcoin: What $16.4B in whale losses means for BTC’s shifting balance

Bitcoin’s recent decline has pushed short-term holder whales into the deepest stress phase of this cycle. Their unrealized losses have expanded to roughly $16.4 billion, reflecting the impact of Bitcoin’s [$BTC] slide from above $100,000 toward $60,000. As prices moved lower, more recent whale positions fell underwater, driving Unrealized Profit and Loss sharply into negative […]

Bitcoin Enters Distribution Phase as Investors Increasingly Sell Into Strength: Bitfinex Alpha

The bullish impulse of the Bitcoin market has exhausted itself, and bitcoin has now entered a distribution phase. This can be seen in investors increasingly selling into strength rather than increasing their exposure. According to this week’s Bitfinex Alpha report, both flow data and on-chain dynamics indicate that $BTC has transitioned out of the accumulation […]

Tim Draper Says Quantum Will Crack Banks Before Bitcoin

Tim Draper argued bitcoin faces less quantum risk than banks, comparing its security to Fort Knox. His comments shifted attention from blockchain vulnerabilities to legacy financial systems, as debate grows over quantum computing’s threat to modern cryptography. Key Takeaways: Draper argued banks face greater quantum risks than decentralized blockchain networks. Legacy systems may struggle as […]

Jim Cramer Says Investors Are Selling Bitcoin and Gold to Buy Into the SpaceX IPO

Jim Cramer, the host of CNBC’s Mad Money, has made a new market prediction that is generating significant discussion. According to a report from Watcher.Guru, Cramer stated that investors are currently selling off assets he categorizes as “bad money,” specifically Bitcoin and gold, in order to raise capital for the highly anticipated initial public offering […]

BlackRock and Fidelity are quietly turning bitcoin ETFs into a two-firm market

When U.S. spot bitcoin exchange-traded funds (ETFs) launched in January 2024, investors had more than a dozen funds to choose from. BlackRock, Fidelity, Ark Invest, Bitwise, VanEck, Franklin Templeton and several others entered what many expected would become a fiercely competitive market. Eighteen months later, the battle increasingly looks like a two-player race. Data shows […]

Crypto Long & Short: Who answers the 3am call when DeFi breaks?

Welcome to our institutional newsletter, Crypto Long & Short. This week: To win over big investors, DeFi builders must act like accountable money managers, not just software developers, writes Ben Nadareski. Bitcoin holders can survive crashes and protect their assets by earning income through reinsurance, says Stephen Stonberg. Top headlines institutions should pay attention to […]