A Third Wave Expands the Damage Galaxy Research disclosed on X that the three suspected waves drained about 4,585 addresses and captured bitcoin worth approximately $88.6 million at the time of its analysis. The research group cautioned that its findings are preliminary and based entirely on publicly available Bitcoin blockchain data. Another dashboard called Coldcard […]
We will begin with the mandatory disclaimer, as we are well aware that historical performance does not guarantee similar moves in the future. However, history does tend to rhyme, and that’s what happened in July for $BTC. The question is: will August follow suit, as the month has not been kind to the largest cryptocurrency, […]
Bitcoin enters the weekend near $62,900, less than 1% above the July 31 intraday low, and Deribit has already settled roughly $9.6 billion in monthly Bitcoin options. The venue settles monthly contracts at 08:00 UTC on the last Friday of each month, and live expiry data placed July’s Bitcoin notional near $9.7 billion. The immediate […]
Bitcoin price fell below $63,000 on Friday as a short-lived rebound in Asian semiconductor stocks faded, adding pressure as the cryptocurrency entered its historically weak August trading period. Bitcoin price falls below $63K as risk assets weaken Bitcoin traded below $63,000 after losing approximately 3% over the previous 24 hours. The decline followed renewed weakness […]
Bitcoin ETFs are buying again, but Bitcoin is moving in the opposite direction. U.S. spot ETFs pulled in $233.1 million on July 30, led by BlackRock, yet $BTC slipped below $63,000. This has left investors wondering, why is Bitcoin falling while institutions are buying? Bitcoin ETFs Turn Positive After Heavy Weekly Outflows U.S. spot Bitcoin […]
Bitcoin’s recent sideways drift is not just another cycle of apathy. The market is facing a specific set of structural brakes that go beyond macro uncertainty, according to an analysis by STS Digital CEO Maxime Seiler. Institutional options selling, the gravitational pull of artificial intelligence, and Washington’s inability to deliver even basic crypto regulation are […]
Finbold’s AI-powered forecasting model has projected that XRP could see further downside by the end of August, pushing the asset close to losing the key $1 support level. According to the Finbold AI Agent, XRP could trade at an average price of $1.01 on August 31, 2026, implying a decline of about 4.47% from its […]
Bitcoin has historically delivered modest gains in August, with an average return of 1.12% since 2013. However, the median return for the month is -7.49%, indicating that most Augusts have actually been negative for the cryptocurrency. This mixed performance underscores the volatility that continues to define Bitcoin’s seasonal patterns. Historical August Performance: The Data Since […]
Bitcoin tried but failed at $65,000 on several occasions in the past week, and there are now multiple and different signals suggesting that another leg down is on the cards. From war escalation to ETF withdrawals, let’s dive in. Macro Factors Let’s start with the Wednesday developments on US soil when the central bank decided […]
Bitcoin’s on-chain structure is beginning to resemble the 2022-2023 bear market bottom, but analysts say one important ingredient is still missing before a meaningful recovery can begin. According to on-chain analyst Axel Adler Jr., Bitcoin is steadily moving out of speculative hands and into long-term holders, reducing the amount of actively traded supply. However, demand […]