Cryptocurrency asset management company Hashdex announced its decision to close and liquidate the Hashdex Bitcoin ETF (NYSE Arca: DEFI), which was traded in the US. With the completion of this decision, DEFI will be the first spot Bitcoin ETF to be shut down in the US. According to documents the company filed with the U.S.
Bitcoin’s [$BTC] long-term holders (LTH) are beginning to change their behavior. This comes after accumulating at record levels, signaling a possible shift in the current cycle. LTH supply recently turned lower after climbing toward 16 million $BTC, while short-term holder supply remained comparatively subdued. This trend is similar to previous cycles of LTH supply curves,
Four newly created anonymous wallet addresses have collectively withdrawn 1,540 Bitcoin — worth approximately $99.4 million — from crypto custodians Galaxy Digital and BitGo within the past three hours, according to on-chain analytics platform Lookonchain. Large exchange outflows are often interpreted by market analysts as a signal that investors intend to hold their assets long-term,
As Bitcoin ($BTC) price rebounded above $64,000 on August 5, Aksel Kibar, a former fund manager, expects a possible rally to above $67,000 in the short term. Kibar argued that Bitcoin price could be eyeing a retest of the resistance level around $67,200 in the near term, according to his August 4 X post, which
Strategy-linked wallets moved another 1,030 $BTC worth $66.14M, reviving debate over whether institutional holders had turned more defensive. Although the company has repeatedly moved Bitcoin between wallets without selling, the latest transaction arrived as market sentiment remained fragile. However, attention quickly shifted toward derivatives after a newly created wallet deposited 2.44 million USDC into Hyperliquid
Bitcoin ($BTC) remains significantly below its long-term valuation trend, according to the Bitcoin Rainbow Chart, which places the cryptocurrency beneath even its lowest projected valuation band for August 31. The indicator, tracked by CoinGlass, shows the chart’s ‘Fire Sale’ band rising to $105,087 by month-end, while Bitcoin is currently trading at $64,092. The gap highlights
Bitcoin ($BTC) could be on track to establish a major cycle bottom near $50,000 within the next two months, according to a trading analysis. The analysis, shared by TradingShot in a TradingView post on August 5, was based on the Coin Value Days Destroyed (CVDD) indicator, one of the most reliable signals for identifying long-term
Binance Dominates the Futures Battlefield Binance controls the largest share of bitcoin futures open interest, according to Coinglass.com futures stats logged on Wednesday. The total value of contracts still outstanding is 148,500 $BTC worth $9.61 billion. CME ranks second at 102,840 $BTC, or $6.66 billion, after posting a 6.82% jump in just one day. MEXC
Cardone Capital, the U.S. real estate investment firm led by Grant Cardone, has increased its Bitcoin holdings to more than 2,800 $BTC, according to a post on X by the company’s founder. The announcement follows the acquisition of a 282-unit apartment property in Naples, Florida, which the firm says is part of a hybrid strategy
Intra-Day Price Volatility and Resistance On Wednesday, bitcoin stubbornly anchored itself above the $64,000 baseline, though broader bullish momentum remained muted as political friction intensified around the impending CLARITY Act vote. Despite a sharp spike in 24-hour volatility, market data indicate the top cryptocurrency still managed to carve out a slight upward trajectory compared to