The US Securities and Exchange Commission’s (SEC) decision to allow “in-kind” creation and redemption for cryptocurrency spot ETFs has had widespread repercussions in the industry. Bitwise President Teddy Fusaro highlighted the technical aspects of this decision and explained in detail why it is important for investors. “I hear a lot of people ask, ‘Why is
An “antique whale” who purchased 3,962 BTC in January 2011, when Bitcoin was just $0.375, recently reactivated his wallet after nearly 14 years of inactivity. According to onchain data, this whale has started selling in small batches in recent days. The whale, awakened from its slumber, first transferred 450 BTC (approximately $53.42 million). Of these
Bitcoin (BTC) registered a 1.11% hourly drawdown after the Federal Reserve kept its target range at 4.25%–4.50%, trading at $116,320.13 as of press time following a quick visit below the $116,000 threshold. This is the largest correction recorded during a single hour of trading since July 14, when BTC retraced 1.14% Major cap altcoins registered
Bitcoin price was stuck in a tight range this week as the forming pennant pattern and the Crypto Fear and Greed Index point to a rebound. Summary Bitcoin price has formed a bullish pennant pattern on the daily chart. The Crypto Fear and Greed Index remains in the gear zone. Technicals point to an eventual
Did U.S. Federal Reserve Chairman Jerome Powell just threaten to hike rates? At his post-meeting press conference following the Fed’s Wednesday decision to hold interest rates steady, Powell continued to insist that the president’s tariff policy risks igniting inflation. “Increased tariffs are pushing up prices,” said Powell. “Near-term measures of inflation expectations have moved up.”
Jack Mallers, CEO of Bitcoin-focused technology company Twenty One, announced that they expect the company to go public in the third quarter of 2025 following an examination by the US Securities and Exchange Commission (SEC). Mallers said that at the time of the IPO, the company will have over 43,000 Bitcoins and over $5 billion
Today, Canaan Inc. (NASDAQ: CAN) announced the adoption of a formal Cryptocurrency Holding Policy that positions Bitcoin as its core long term reserve asset. The new policy marks a strategic shift in how the company manages its digital assets, aiming to strengthen its financial stability and align more closely with the broader Bitcoin economy. “The
Cryptocurrency analyst Axel Adler, in his assessment of Bitcoin’s current market situation, highlighted the updated data from the “Bitcoin Heat Macro Phase” metric. This indicator aims to guide investors by reflecting the overall market temperature with a single numerical value. According to Adler, high values for this metric (close to 50%) indicate that the market