Starknet’s recent tweet regarding Bitcoin yield has sparked significant interest within the crypto trading community. Eli Ben Sasson emphasized the difficulty in accessing a shielded version of Bitcoin, pointing out that Starknet’s strkBTC addresses this gap. This development opens new opportunities for traders looking to engage in private transactions and yield activities with Bitcoin. For
The Japanese yen recorded its largest one-day gain against the U.S. dollar after USD/JPY reversed from a recent high near 164.00, drawing renewed attention to how shifts in Japan’s currency could influence global financial conditions and, in turn, Bitcoin. The move came as traders weighed reports of possible intervention by Japanese authorities and a weaker
U.S. Spot Bitcoin ETFs recorded renewed demand after weeks of inconsistent flows, but Bitcoin’s market structure remained fragile. Fidelity’s fund finally returned to inflows. However, exchange activity and derivatives momentum still favored sellers. Is Fidelity demand returning? Fidelity Wise Origin Bitcoin Fund (FBTC) recorded $15.5 million in Daily Net Inflows as July ended. The reading
Bitcoin ($BTC) fell to its lowest levels in over two weeks on Friday as US stocks saw pressure into the monthly close. Key points: Bitcoin approaches $62,000 as daily losses hit 3.5%. US stocks saw no positive reactions to relief in Asia, where stocks rebounded after the semiconductor sell-off. Analysis warns that Bitcoin bear-market history
Bitcoin dropped below $64,000 today even as several altcoins pushed higher, a divergence that’s playing out against a backdrop of rising oil prices and a major currency intervention out of Japan. Bitcoin Slips, But the Selloff Looks Like Repositioning Bitcoin fell 2.77% over the past 24 hours, now trading near $63,257.38 overall. Open interest remains
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Cryptocurrency analysis platform Santiment shared critical signals regarding the Bitcoin and altcoin markets in its new analysis evaluating recent market developments and on-chain data. According to Santiment analysts, Bitcoin’s 365-day MVRV (Market Value – Realized Value) ratio falling to -26% indicates that long-term investors are significantly at a loss, while historically pointing to bottom formations
Bitcoin has evolved from a narrative-driven digital asset into a standardized financial instrument that now serves as a leading indicator of global market liquidity, according to Hong Kong-listed crypto firm Xinhua Group. The company’s chief analyst, Fu Peng, shared this view at a recent private seminar, highlighting Bitcoin’s growing role in reflecting broader financial conditions.
BlackRock, a leading asset management firm and one of the top-performing Bitcoin ETF-issuing firms, has added to its Bitcoin stash with another purchase. According to recent data from a crypto monitoring firm, BlackRock has spent about $183.41 million on buying Bitcoin as institutional interest appears to be returning to the market. Bitcoin institutional demand returns
As the leading cryptocurrency Bitcoin continues to search for direction around $64,000, one analyst stated that $BTC has bottomed out and that he does not expect a sharp decline. Crypto analyst Killa, known by his pseudonym and closely followed in the cryptocurrency market, said that Bitcoin is unlikely to experience a sharp pullback to the