Analyst Predicts Bitcoin Could Rally After 2026 US Midterm Elections

Bitcoin has historically entered bearish phases approximately one year prior to each US legislative election. A Binance Research report notes that the asset dropped an average of 56% during completed midterm cycles since 2014. Previous presidential elections showed a different behavior, with sharp rallies following candidates’ victories. Joao Wedson recently published an analysis asserting that […]

Bitcoin nears a bottom before U.S. midterms: What history and on-chain data suggest

The link between activity in the U.S. and the broader crypto market has strengthened in recent months, particularly as domestic economic factors such as interest rates and inflation, along with U.S.-linked crypto assets, have grown increasingly influential. One of the clearest links right now is the correlation between Bitcoin [BTC] and the upcoming U.S. midterm […]

Strategy books $8.2 billion Q2 loss on bitcoin price decline

Strategy (MSTR), the world’s largest corporate bitcoin $BTC$64,714.55 holder, reported Thursday an $8.2 billion second-quarter net loss after the cryptocurrency’s price decline erased billions of dollars from the value of its digital asset holdings. The quarterly loss was driven almost entirely by an $8.32 billion unrealized markdown on its bitcoin holdings under fair-value accounting. The […]

Strategy books $8.2 billion second quarter loss on bitcoin price decline

Strategy (MSTR), the world’s largest corporate bitcoin $BTC$64,774.49 holder, reported Thursday an $8.2 billion second-quarter net loss after the cryptocurrency’s price decline erased billions of dollars from the value of its digital asset holdings. The quarterly loss was driven almost entirely by an $8.32 billion unrealized markdown on its bitcoin holdings under fair-value accounting. The […]

A 90% shareholder rebellion just forced this public company to dump its entire Bitcoin treasury at a crushing £39,984 per-coin loss

Shareholders of Satsuma Technology Plc approved a capital return and delisting with 90.63% and 90.59% of votes cast, respectively, against the majority board’s recommendation. The votes put the UK-listed Bitcoin treasury company on a path toward selling its Bitcoin and returning cash to shareholders. The result converted the conditional proposal CryptoSlate covered on July 16 […]

Fidelity Bitcoin ETF posts $43.1 million in outflows as Bitcoin indicator signals increased local stress

Bitcoin [BTC] was trading around the $64.6k mark on Thursday, July 30. The US Federal Reserve announced its decision to keep interest rates unchanged at 3.50%-3.75% on Wednesday, July 29. Energy-related supply disruptions have kept inflation rates elevated above the target 2%, but economic activity was expanding at a solid pace, and operational interest rates […]