Strive Asset Management (ASST) has acquired Semler Scientific (SMLR) in an all-stock deal. While historic, the move also drew attention to what may be a problem for investors valuing bitcoin treasury firms. The acquisition was the first-ever merger between two Digital Asset Treasuries (DATs) holding bitcoin, giving the combined company control of more than 10,900
As the Bitcoin price retreats below the $110,000 support level, two risky chart patterns have formed while exchange-traded fund (ETF) outflows rise. Summary Bitcoin price has formed a head-and-shoulders pattern. BTC has also formed a rising wedge pattern on the weekly chart. Bitcoin ETF inflows have slowed for two consecutive weeks. Bitcoin price retreats amid
Market expert Tony Severino has raised some concerns with the current Bitcoin price action on the weekly chart. This comes as the flagship crypto trades below $110,000, with predictions that it could further drop below the psychological $100,000 level. Bitcoin Price Forms Bearish Pattern On Weekly Chart Severino revealed in an X post that the
Bitcoin continues in dull trading, ranging between $108,645 and $110,369 following a sharp drop to a low of $108,623 on Thursday. Bitcoin slightly rebounded on Friday, coinciding with the release of PCE data and a major options expiry; however, its gains could not be sustained. Bitcoin erased its daily gains early Saturday, just up 0.3%
Bitcoin has broken below the 100-day moving average at $113.4K, signaling growing bearish sentiment after the recent sell-off. The price is now consolidating in a critical zone where demand levels will dictate the next directional move. Technical Analysis By Shayan The Daily Chart On the daily timeframe, Bitcoin has dropped beneath the 100-day MA, leaving
Dormant no more, a dozen long-silent bitcoin wallets just broke their decade-long nap and dropped a combined 294.56 BTC—roughly $32.24 million—back into circulation over the last 48 hours. Bitcoin Blast From the Past: 12 Dormant Wallets Shift Nearly 300 BTC Since Sept. 26, nearly 300 BTC that hadn’t twitched in years suddenly stirred. The oldest
Derivatives desks are firing on all cylinders this weekend, and bitcoin’s options board is basically screaming “pick a side” while futures stack up near cycle highs. Deep Liquidity, Sharper Bets: Bitcoin Options Crowd Eyes $110K Strikes Bitcoin is trading at $109,449 on Saturday, and the futures complex is thick: total open interest (OI) sits at
BTC$109.503,67 just ended what is historically the largest cryptocurrency’s third-worst week of the year with a greater-than-average drop of 5%. Week 38 effectively closes out the third quarter, which is up about 1%, as well as September, which has managed to hold flat. While the figures are consistent with the period’s historical reputation as one
The rise in Bitcoin, Ethereum, and other corporate crypto treasuries helped fuel the summer’s massive market gains. Now their slowing growth has played a large role in sapping prices already sensitive to inflation and other macroeconomic uncertainties. The treasuries’ waning activity could continue to weigh on markets with volatility likely to remain heightened in the
Debates over Bitcoin’s future are nothing new, but this week the discussion took on a sharper edge. One of Bitcoin’s long-serving developers was at the center of a storm about immutability, censorship and what it means to “save” the protocol. The controversy escalated on Sept. 25, following an article published by The Rage claiming to