Bitcoin ($BTC) faced a sharp contraction on Friday following a rejection at $82,000 the prior day. Recent price movements closely resembled the US small-capitalization stock index, hinting that macroeconomic factors are the leading drivers behind the nosedive below $79,000. The anxiety sparked a sell-off in fixed-income markets. Counterintuitively, this may help Bitcoin embark on a […]
Bitcoin (BTC) may be nearing a major turning point after a historical halving-cycle signal resurfaced, raising the risk of a sharp market correction. According to an analysis by TradingShot shared in a TradingView post on May 15, Bitcoin has now completed 760 days since its April 2024 halving event, a timeframe that has historically coincided […]
Brian Armstrong thinks the US government is sitting on a future trillion-dollar Bitcoin pile. The Coinbase CEO has been making the case that America’s existing Bitcoin holdings, combined with proposed federal purchases, could push the nation’s reserves past the $1 trillion mark. The US federal government is already the largest known state holder of Bitcoin, […]
Macrostrategist Jordi Visser, a guest on renowned financial commentator Anthony Pompliano’s show, discussed the bottlenecks in global markets, the rising inflation regime, and recent developments in the cryptocurrency markets. Visser stated that he specifically saw a signal of a “major merger and breakout” in the charts of Bitcoin (BTC) and Dogecoin (DOGE). Visser stated that […]
BlackRock’s cryptocurrency exchange-traded funds (ETFs) recorded more than $650 million in combined outflows over the past five trading days, coinciding with weakening sentiment across the market. Specifically, BlackRock’s iShares Bitcoin (BTC) Trust (IBIT) accounted for most of the withdrawals, posting total outflows of about $461.2 million between May 11 and May 15. The steepest single-day […]
Bitcoin continues to face strong resistance as bulls struggle to reclaim higher price levels and restore upward momentum. With the market failing to break key resistance zones, attention is now shifting toward major Fibonacci support areas, where buyers could attempt to stabilize the current decline and prevent a deeper correction. Recovery Hopes Fade Unless Resistance […]
Strategy generated over $2 billion this past week alone through its ongoing STRC preferred stock offering. Data from Bitcoin Treasuries shows significant capital flowing into Strategy’s STRC from May 11 to May 14. Their tracking shows the company pulled in the equivalent of 2,543 $BTC on May 11, 2,982 $BTC on May 12, and 5,164 […]
On the surface, it looks like the market is currently rotating between metals and risk assets. From a technical angle, the $BTC/XAU ratio is already up 19% in Q2, marking its strongest quarterly performance since the Q2 2025 cycle. The key takeaway is that this move is happening while macro FUD is picking up again, […]
Bitcoin has continued to struggle, with the asset recently dropping below the $80,000 support level it had consolidated around for at least 12 days. Structural signals are building to support a bullish outlook on the chart, but liquidation risk in the perpetual market is throwing up meaningful short-term headwinds that traders cannot dismiss. HODLers hit […]
US-listed Bitcoin ETF flows have suffered their most severe weekly capital flight since the end of January, with investors pulling exactly $1 billion from the products. The primary catalyst for the sudden institutional risk aversion appears to be the shifting US economic backdrop. CryptoSlate’s data show that rising inflation concerns, alongside steep ETF outflows, led […]