Jordi Visser, a well-known figure in the financial world, emphasized in a broadcast that global markets have entered a “capacity” phase and that investors must now accept that the era of low inflation and abundant liquidity is over. According to Visser, Bitcoin retains the potential to be the strongest performing asset in this new economic
Joao Wedson, founder of the cryptocurrency analysis platform Alphractal, pointed to a critical level in the Bitcoin market. According to Wedson, the “realized price” calculated for Binance’s Bitcoin reserves is approximately $60,490. This level represents the average cost of all BTC held by Binance. Wedson stated that if the Bitcoin price falls below this level,
In brief GameStop pledged 4,709 $BTC $BTC to a covered-call strategy on Coinbase Prime, giving the exchange the right to rehypothecate or sell the coins. The move reclassifies the holdings from an intangible asset to a receivable, changing how gains and losses flow through earnings. CEO Ryan Cohen has declined to rule out selling GameStop’s
The Bitcoin price has been trading below $100,000 for months now, and there has been no attempt to reclaim this level. Even now, the price continues to trade more than 40% below its all-time high, as massive sell-offs continue to push the price down. Amid this widespread selling and negative macroeconomic factors, a crypto analyst
The crypto community is in awe after blockchain analytics firm Arkham released a detailed report on Bitcoin’s rich list on Saturday, March 28. While the report showcases the top Bitcoin holders across the globe, it has sparked discussions as the leading asset management firm Strategy does not even rank in the top three despite its
Bitcoin fell below $66,000 on March 27 amid a broader decline in risk assets, as concerns over US inflation and an oil shock from the Strait of Hormuz closure intensified. Since its local peak on March 17, the asset has dropped roughly 13% to around $65,500, according to CoinCodex data. At the same time, March
Bitcoin is sitting at a key support area where the next move could shape the short term trend. One chart points to a brief bounce before another drop, while another says support could trigger a relief rally if it holds. Bitcoin Eyes Brief Bounce Before Another Drop, Trader Says A daily Bitcoin chart shared by
Bitcoin fell to its lowest level in over three weeks as traders turned defensive following the year’s largest options expiry, while investors continued withdrawing from crypto exchange-traded funds. Bitcoin fell to a low of $65,498 on Friday, the lowest since March 2. Roughly $14 billion of Bitcoin options expired Friday, as measured by the number
Bitcoin vs Gold dynamics have shifted as market data shows a shift between the two assets during the ongoing Middle East conflict. Since February 28, Bitcoin has gained roughly 7% to 10%, while gold has declined by 19%. Gold prices dropped from about $5,500 before the strikes to $4,493 at the time of writing. Meanwhile,
Bitcoin is heading into its sixth consecutive red monthly close on Tuesday, a streak that matches the longest in its history and has occurred only once before, in 2018, when $BTC rallied 300% in the months that followed. Bitcoin Monthly Returns: What History Says About Six Red Months Bitcoin has closed red 5 months in