Bitcoin is back to trading at levels seen in early February: near $60,000. But this time, the response from institutions is totally different. Today, they are aggressively selling into the dip, ETF flows indicate, unlike in February, when selling slowed as prices dropped to near $60,000. That marks a fundamental shift in how institutions view
Bitcoin dropping below $60,000 to a fresh cycle low has left investors searching for a culprit. According to Greg Cipolaro, global head of research at NYDIG, there probably isn’t only one. In a report last week, he argued that bitcoin and the broader crypto market is facing several overlapping headwinds that have been weighing on
Bill Barhydt built Abra around a simple idea: Crypto should function like a bank. In 2018, Abra became one of the first companies to offer what Barhydt describes as a full crypto banking service, allowing customers to trade, earn, borrow and make payments from a single platform. Eight years later, as the company prepares to
Bear market comments and speculations have returned to the cryptocurrency space as bitcoin erased over $400 billion from its market cap in weeks, going down from over $82,000 to a Friday bottom of $59,000 on Friday – its lowest position in 19 months. Although it managed to rebound above $60,000 quickly, analysts are now split
Bitcoin traders are watching a tense derivatives setup after on-chain analyst Maartunn pointed to a drop in BTC price while open interest moved higher. The setup suggests traders are adding new futures positions while Bitcoin remains under pressure. That can raise short-term risk because crowded leverage often makes price moves faster in both directions. Bitcoin
OpenAI is preparing its biggest ChatGPT overhaul since the chatbot launched in 2022. The redesign would turn ChatGPT into a super app built around coding tools, AI agents, and creative features. The rollout starts in the coming weeks across ChatGPT’s website and mobile apps. It anchors a pre-IPO push for enterprise customers, where margins run
Bitcoin ($BTC) trades near $62,000, roughly 7% above the $57,900 average price Germany received for the 49,858 $BTC it sold in 2024. Arkham Intelligence says a 6% slide would push the market below the government’s exit level. The on-chain analytics firm flagged the threshold, tracking every wallet movement when Germany liquidated the stash between June
A long-dormant cache of Bitcoin, which has been untouched since 2011, has suddenly moved on-chain. This has reignited intrigue surrounding a rather controversial legal battle playing out in New York. The 47.26 $BTC was transferred after sitting dormant for 15 years. The Noah Doe case As reported by U.Today, the lawsuit was recently filed in
ENI, a high-performance, enterprise-grade L1 chain, has integrated NanoVita, a well-known decentralized science (DeSci) protocol. In this partnership, NanoVita is joining ENI’s Super Node Network, underscoring a landmark development in the convergence of RWA-backed health data and DeSci nanotechnology. As per ENI’s announcement, the development highlights strong ecosystem collaboration and strategic alignment to advance AI-led
Glassnode co-founder Rafael stated that Bitcoin has entered a valuation zone historically associated with market lows, adding that according to current on-chain data, the most likely low range is between $46,000 and $54,000. According to the analyst, in a more severe capitulation scenario, the $35,000 to $40,000 range stands out as the last line of