The leading cryptocurrency, Bitcoin, has been trading in a narrow range recently. While $BTC continues to hold the $60,000 level, on-chain data analyst Axel Adler stated that if Bitcoin falls below $61,500, selling pressure in the market could intensify further. Accordingly, Axel Adler examined the $BTC UTXO stress indicator in his latest blog post. The
Bitcoin’s short-term outlook depends on whether it can reclaim the key $64,000 resistance level while large liquidity clusters continue to build on both sides of the market. A confirmed breakout could expose targets between $65,000 and $67,200, while another rejection may send $BTC toward the heavier liquidity zone between $61,500 and $62,400 first. Bitcoin Faces
Prominent angel investor and early Uber backer Jason Calacanis has once again taken aim at Bitcoin, saying he would rather invest in projects building real products. Calacanis wrote that if $BTC were owned by his brother, he would recommend selling half of it and reallocating the proceeds into “productive projects” such as Solana and Bittensor
Joint currency interventions in the yen by Japan and the US could ultimately benefit Bitcoin ($BTC) and risk assets. Key points: The first joint intervention in the yen between Japan and the US since the late 1990s could set a precedent for future moves. A liquidity crisis tied to the yen carry trade poses questions
U.S. real estate investment firm Cardone Capital has announced the purchase of 350 Bitcoin, valued at approximately $22.3 million. The acquisition marks one of the latest moves by a traditional financial firm to add cryptocurrency to its corporate treasury. Cardone Capital’s Bitcoin Purchase: Details and Context The purchase was confirmed by the company, though specific
Something unusual has happened to one of crypto’s most reliable trading strategies. The bitcoin futures yield collapse now underway means a bet that once handed traders more than 20% annual returns has quietly fallen behind the safest instrument in finance: the short-term U.S. Treasury note. What used to be a near-guaranteed edge for carry traders
Brazil-listed OranjeBTC has increased its Bitcoin reserves by 30 $BTC, according to data from BitcoinTreasuries.net. The company now holds a total of 3,948 $BTC, reinforcing its position as one of the most active corporate Bitcoin holders in Latin America. Strategic Accumulation Continues The latest purchase follows a pattern of consistent accumulation by OranjeBTC, which has
The multimillion-dollar Coldcard hack, anemic institutional demand, and uncertainty in the regulatory and macroeconomic environment are some of the pain points for the crypto market right now. Yet there are no signs of panic or stress in the market, at least not in the continued meltdown of bitcoin’s 30-day implied volatility index, BVIV. The index
A large-scale transaction attracting attention has taken place in the cryptocurrency derivatives markets. According to data shared by ai_9684xtpa, known for on-chain and derivatives market analysis, a major options investor sold Bitcoin call options worth a total of $173 million, taking a position that the $BTC price will not rise above $70,000 until September 25th.
Crypto asset manager Hashdex is set to close and liquidate its $14.7 million spot bitcoin $BTC$63,518.30 exchange-traded fund, in what may be the first liquidation of a U.S. spot bitcoin offering. Bitcoin futures ETFs have closed before, including VanEck’s XBTF in 2024, but no U.S. fund holding bitcoin directly appears to have previously been liquidated.