Bitcoin price rose 1.7% to around $64,200 on Aug. 18 as ETF inflows supported the rebound, but rising leverage left the recovery exposed to a pullback. The rebound from the $62,600 area improved short-term momentum, although the daily chart continues to show Bitcoin trading below its two longer-term moving averages. Leverage is also building while
The Wall Street banking behemoth announced earlier today that it’s preparing to take another step into the cryptocurrency industry, highlighting plans to launch digital asset custody later in 2026. Bitcoin will be the first asset supported by the new service, which will sit alongside the bank’s traditional custody business under its newly unveiled Custody+ platform.
The balance of Bitcoin creator Satoshi Nakamoto has once again become the focus of the global crypto community after a viral claim that this fortune could be seized by randomly guessing a private key triggered a new wave of discussion on X. According to Arkham Intelligence, the developer’s wallets hold 1.096 million BTC, worth approximately
Trump Media’s brief run as a Bitcoin treasury company appears to be ending almost as quickly as it began. The social media company majority-owned by President Donald Trump is walking back its crypto bet after a prolonged Bitcoin price slide wiped out hundreds of millions of dollars on paper, and the Trump Media Bitcoin pivot
Bitcoin is testing a major technical breakout as price compresses near $64,000, with both a Bollinger Band squeeze and tightening triangle pointing to a potentially larger move. A confirmed break above resistance could put $67,269 in focus before Bitcoin confronts the broader resistance area near its 200-day moving average. Bitcoin Breaks Its Downtrend as Bollinger
Bitcoin price is currently trading around $64.1K. The buyers are in firm control of the $BTC market structure. The dominant asset in the market, Bitcoin ($BTC), is trading at $64,162, up 1.1%, with the daily volume at $21.109 billion. Its 24-hour price range is between $63,246 and $64,515. In addition, the $BTC market has experienced
Bitcoin ($BTC) begins the new week bullish as the leading cryptocurrency is up by more than 1% in the last 24 hours. It is trading above $64,000 on Tuesday after successfully defending the $62,300 support level following the release of softer US inflation data last week. Trading volume increased when Bitcoin approached the support area,
Even though Bitcoin itself is still stuck around $64,000, funding rates for the cryptocurrency have risen to their highest level in about 20 months, indicating a significant shift in derivatives positioning. Traders are deleveraging The action implies that traders are willing to pay more to keep leveraged long positions. Periodic payments between long and short
Famed short-seller James Chanos believes that business intelligence firm Strategy is one of the greatest pure arbitrage opportunities he has ever seen. Chanos argued that there is an “$80B actionable spread” between Strategy and the Bitcoin it holds. Strategy owns an enormous amount of Bitcoin, but the stock market can value the company at substantially
Two prominent hedge funds significantly reduced their exposure to spot Bitcoin exchange-traded funds (ETFs) during the second quarter, according to recent regulatory filings. Brevan Howard cut its holdings of BlackRock’s iShares Bitcoin Trust (IBIT) by approximately 70.4%, while Graham Capital reduced its position by about 72% over the same period. Details from the 13F Filings