66.5% of Bitcoin LTH supply in profit, but the bull market signal is still missing – Here’s why!

The longer the market compresses below resistance, the more supply dynamics take control of the setup. Notably, Bitcoin’s [$BTC] current market setup seems to be reinforcing this playbook. On the technical side, $BTC’s 13.7% rally so far in Q2 has pushed sentiment back into risk-on mood, with risk appetite gradually returning. However, from an on-chain […]

Chief Economist of a Major Chinese Company: “In Bitcoin, Institutional Investors Have Become the Landlords, While Retail Investors Have Become the Tenants”

Fu Peng, the new chief economist at Xinhuo Group, known for its assessments of cryptocurrency markets, shared a remarkable analysis of Bitcoin’s fundamental dynamics. In statements made via the X platform, Fu stated that Bitcoin’s evolving structure, particularly through futures and ETFs, is increasingly resembling some models in traditional financial markets. According to Fu Peng, […]

A Bitcoin Developer Has Raised the Banner of Rebellion: He Plans to Create a Bitcoin Clone and Distribute Satoshi Nakamoto’s Funds to Users

Bitcoin developer Paul Sztorc has announced a new hard fork plan that could create a fundamental change to the network. This upgrade, called “eCash,” is scheduled to launch in August, and the project aims to create a Layer 1 network as an alternative to Bitcoin, along with seven Layer 2 scaling solutions (Drivechains). According to […]

BlackRock’s bitcoin ETF just hit a massive milestone that proves crypto is now a mainstream bet

Something notable happened on Friday, indicating the accelerating institutionalization of the bitcoin market, which has been pioneered by everyday people for years. This is because options, or hedging instruments, linked to BlackRock’s bitcoin exchange-traded fund (ETF), IBIT, have grown slightly larger on Nasdaq than total bitcoin options trading on the offshore giant Deribit. It is […]

Bitcoin falls after Trump reportedly canceled Steve Witkoff and Jared Kushner’s Iran-talks trip

Bitcoin edged lower late morning on the U.S. East Coast after U.S. President Donald Trump’s comments signaled a halt to planned diplomatic travel tied to Iran talks. The largest cryptocurrency dropped about $100 to $77,351 just before noon ET, reversing a modest earlier gain. The move came minutes after a Fox reporter posted Trump’s remarks […]

A make or break moment: Will $79,200 act as a launchpad or a ceiling for bitcoin?

Bitcoin is nearing a decisive moment as it tests two closely aligned on-chain resistance levels, following roughly 75 days of sideways consolidation since its Feb. 6 local bottom at $60,000 as bitcoin climbs above $78,000. The first metric is the True Market Mean, currently at $78,200. This metric, tracked by Checkonchain, reflects the average acquisition […]