Bitcoin ($BTC) long positions are “facing liquidation” as volatility shows signs that a range breakout is finally coming. Key points: Bitcoin long positions face multiple threats as $BTC price action heads toward new August lows, analyst warns. The correlation between Binance open interest and price reached 0.25 on Thursday as both fell. The Bitcoin bull
US investment banking giant Morgan Stanley reported larger crypto fund positions in the second quarter, led by an increase of more than 3 million shares in BlackRock’s Bitcoin exchange-traded fund (ETF). Morgan Stanley’s reported holdings in BlackRock’s iShares Bitcoin Trust ETF (IBIT) increased by 23% to around 16.5 million shares from 13.4 million, according to
US-based investment firm VanEck stated that Bitcoin may be approaching the final stages of its current downtrend. In a recent analysis, VanEck noted that Bitcoin’s decline from a peak of approximately $125,000 to levels as low as $60,000 is consistent with the traditional cyclical bear phase seen in the post-halving period. In this context, VanEck
Silvia, an AI-focused financial firm, has submitted applications for five new exchange-traded funds (ETFs), including a novel Bitcoin treasury mNAV discount fund. The filings were highlighted by Bloomberg Intelligence ETF analyst Eric Balchunas, who shared details on the proposed products via social media. What is the Bitcoin Treasury mNAV Discount Fund? The flagship filing is
Bitcoin has fallen from a record high of roughly $126,080 in October to trade recently in the low-$60,000s — a decline of nearly 50% that has rattled sentiment. But it may just be business as usual. According to a Thursday report from asset manager VanEck, Bitcoin’s current slump tracks the asset’s historical four-year halving cycle,
Bitcoin BTC$62,920.00 is under pressure again while $XRP ($XRP) teeters near $1 amid a cluster of unfriendly developments over the past 24 hours. Regulatory setbacks are leading the charge. Progress on the Clarity Act has stalled in the Senate, and the U.S. Securities and Exchange commission (SEC) is reportedly set to further delay its long-anticipated
The U.S. Producer Price Index (PPI) came in flat at 0.0% Month-over-Month, falling short of the expected +0.2%, while USD/INR held steady in the ₹95.30–₹95.50 range. The softer wholesale inflation data would normally put the dollar under pressure, but the rupee was limited by other structural and regional factors. US PPI at 0.0% Versus +0.2%
Vida, the founder of the decentralized lending protocol Equation, has sold one-third of their Bitcoin portfolio, according to on-chain analyst ai_9684xtpa. The move comes as Vida indicated plans to repurchase BTC at lower price levels of $45,000 to $55,000 within the next one to three years. Details of the Sale The sale follows Vida’s purchase
Bitcoin ($BTC) has lost nearly half its value from its October 2025 peak, but the network’s mining power has declined much less sharply. According to Bitcoin analyst Axel Adler Jr., miners are facing tighter economics as transaction fees contribute almost nothing to revenue, yet the hashrate decline remains controlled rather than showing signs of major
An anonymous cryptocurrency whale has transferred 546.8 Bitcoin, worth approximately $34.7 million at current market prices, to Galaxy Digital, according to on-chain data monitored by Onchain Lens. The transfer, which took place on February 12, 2025, is believed to be part of an over-the-counter (OTC) trade, a common method for large investors to buy or