The new partnership between BTC Core and Hex Trust creates a shift in how institutions can approach Bitcoin. For years, Bitcoin was largely treated as “digital gold,” a store of value that sat idle in custody. This move toward Institutional Staking across the Asia Pacific and the Middle East changes that narrative, offering a way
Bitcoin fell below $113,000, hitting a 17-day low, and retail crypto investors were also bearish. At this point, analysts at cryptocurrency analysis platform Santiment said that retail investors are going with the market flow after Bitcoin failed to recover and fell below $113,000. Over the past 24 hours, retail investors have displayed their worst bearish
The “great wealth transfer” is underway, and it could be one of the biggest drivers of crypto adoption in history, crypto friendly Xapo Bank said in a report Wednesday. Over the next decade, trillions of dollars will move from baby boomers to younger heirs. In the U.S. alone, an estimated $10.6 trillion will change hands
The crypto market is experiencing extreme volatility, with Bitcoin (BTC) being down 6% on the weekly chart and whales dumping around $3.45 billion worth of the cryptocurrency over the same period. While these so-called bear traps are typically indicative of long-term bull cycles, it is still far from clear where the digital hedge is going
Why is Bitcoin taking a downtrend over the past week, failing to hold up its recent gains and positive momentum. Summary Bitcoin is trading at $113,721, down 1.5% in 24 hours, with weekly losses above 55%. Large-scale profit-taking by long-term holders and loss-selling from short-term investors has added significant downward pressure on Bitcoin. Bitcoin (BTC)
According to Maartunn, a community analyst at on-chain data platform CryptoQuant, $5.69 billion worth of Bitcoin flowed to crypto exchanges at a loss in 48 hours as short-term holders capitulated. Deposits to exchanges often imply an intent to sell; this is the case as the market has seen a drop since the start of the
With $110,000 in sight as traders consider Fed signals and cooling accumulation, Bitcoin’s rise has reached a temporary roadblock. Summary After a steep post-ATH decline, Bitcoin is now consolidating around the mid-$110Ks; the tone was set by profit-taking into August 16. A $ 110,000 sweep remains on the table after a failed reclaim; on-chain data
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin BTC$113,859.77 bulls are attempting to establish an interim low around $113,000, but the effort appears weak in terms of both price and volume. So far, the bounce has been barely notable, with upside capped above $114,000. Additionally, volumes have stayed
Crypto whales and institutional investors are on a selling spree, which is causing cryptocurrency prices to go down. A crypto user on X highlighted some parties involved in the ongoing crypto selloff, including those taking short positions and long trades that are being liquidated. That explains the market-wide pullback that cryptocurrencies have experienced in the