Bitcoin’s recent strong rise is attributed more to the liquidation of short positions in the futures market than to new capital inflows. Cryptocurrency trading firm QCP Capital warned that the Bitcoin rally could lose momentum if the buying pressure resulting from the closing of short positions decreases. According to QCP Capital’s analysis, despite the rise
Bitcoin has once again failed to break decisively above the $82,000 resistance zone. The cryptocurrency retreated after briefly approaching the level as traders assess whether its recent recovery can extend further. Despite the bulls’ inability to overcome stubborn resistance, veteran trader Peter Brandt has disclosed that he remains long on the bellwether cryptocurrency. In a
BitMEX co-founder Arthur Hayes has cast doubt on the long-term viability of Strategy (formerly MicroStrategy) as a Bitcoin investment vehicle, suggesting that buying a spot Bitcoin exchange-traded fund (ETF) like IBIT is a more rational choice for stock market investors seeking crypto exposure. His comments, reported by Wu Blockchain, come as Bitcoin’s rally shows signs
Japan Bitcoin Industry Co., Ltd. has debuted a self-custodial Bitcoin payments platform designed to help Japanese companies sell to international fans who are often shut out by traditional payment systems. Using this week’s Bitcoin Asia conference in Hong Kong to introduce the product, JPI dropped Aurora — aiming to reach an audience that could not
Bitcoin ($BTC) briefly broke past the $81,000 mark on August 25, but immediately ran into heavy technical resistance, causing the price to hover indecisively around $80K. Several factors now make this level significant, especially for those seeking an additional buy opportunity before the coin surges to $100,000. Bitcoin and the $80K inflection point Once again,
Stacks founder Muneeb Ali said on Aug. 27 via X that HashKey Cloud will deploy Bitcoin in Stacks, making the Asian infrastructure provider the second institution announced for the network’s Genesis Bond pilot. HashKey will time-lock $BTC on Bitcoin, retain the keys, and pair the position with $STX worth roughly 5% of the committed Bitcoin.
Bitcoin $BTC$79,618.56 is once again trading at a premium on Coinbase relative to Binance, suggesting comparatively stronger demand on the Nasdaq-listed U.S. exchange. The gap between bitcoin’s prices on two exchanges, measured by the so-called Coinbase Premium indicator, flipped positive on Friday, the first such instance since May, according to data source Coinglass. The positive
Bitcoin spot ETFs have shifted from months of weak demand to their strongest run of 2026. U.S. funds logged an eighth straight inflow day on August 26, adding about $232 million. The streak has drawn roughly $2.8 billion, while August inflows have moved above $3 billion. Bitcoin climbed above $80,000 again on August 27 after
Bitcoin’s latest rally appears to be driven partly by short covering rather than fresh leveraged positions, according to QCP Research. Open interest has fallen as $BTC advanced, while strong spot ETF inflows have provided additional demand, the firm noted. Spot demand is also strengthening, with QCP noting that ETF inflows are nearing the 95th percentile
Gold and Bitcoin exchange-traded funds (ETFs) drew roughly $7 billion over five US trading sessions, a record combined haul that puts both assets at the center of a renewed investor push for protection against currency weakness and mounting fiscal pressure. About $3.4 billion of this capital went into SPDR Gold Shares (GLD) while BlackRock’s iShares