Bitcoin Could Drop to $44K by Late October, Mining Pool Founder Predicts

Jiang Zhuoer, founder of the China-rooted mining pool $BTC.top, has projected that Bitcoin could fall to $44,016 by late October, citing historical patterns in the cryptocurrency’s four-year market cycle. His analysis suggests that the current bear market has not yet matched previous downturns in either duration or depth, indicating further downside may be ahead. Historical […]

Bitcoin treasury trade ‘breaking’ and fund holdings drop 10%: Analysis

Bitcoin ($BTC) institutional investment vehicles have shed 10% of their $BTC holdings since May as analysis warns of a “breaking” sector. Key points: Bitcoin institutional funds see a blanket 10% reduction in holdings over three months. Analysis says that the Bitcoin treasury model is “breaking” as company valuations fall below net asset value. Coinbase premium […]