Billionaire investor Mark Cuban said he has sold most of his bitcoin holdings after losing confidence in the cryptocurrency’s role as a hedge against weakening fiat currencies and geopolitical instability. Cuban, who’s net worth is about $10 billion, said bitcoin’s price behavior during the recent Iran conflict challenged one of the core reasons he owned
Recently Strategy made headlines by saying that it might sell some bitcoin to meet business objectives. This came as a surprise to many people because of what was previously regarded as a hard-lined stance to never sell. Saylor even (jokingly) tweeted stuff like “Sell a kidney if you must, but keep the bitcoin.” The reality
$BTC selling pressure remains strong, keeping prices from reaching a true breakout. On-chain data shows the selling pressure may be coming from older cohorts of whales. On the demand side, $BTC shows robust weekly buying, far surpassing the weekly $BTC production. Institutional inflows remain strong, with Strategy adding 24,869 $BTC in the past week. Based
Demand for Bitcoin ($BTC) has decreased sharply over the last few days as the price ran into overhead resistance above $80,000. Analysts say $BTC’s inability to hold key support levels may be paving the way for a prolonged consolidation. Key takeaways: Bitcoin’s apparent demand fell to -3,138 $BTC, its lowest level in four months. Weak
Bitcoin price sits at $77,808 inside a falling channel that has held since May 6, with a short squeeze quietly building above current price and long-term holders accumulating underneath. Donald Trump’s May 20 pledge to end the Iran war quickly has already started a small short liquidation cascade in crypto. The mechanics favor Bitcoin moving
Bitcoin price stabilized near the $78,000 level on Thursday as easing geopolitical tensions, slowing ETF outflows, and improving technical indicators helped bulls defend a critical support zone. According to data from crypto.news, Bitcoin ($BTC) traded at $77,960 at press time after touching an intraday high of $78,180. The recovery came as broader risk sentiment improved
While major cryptocurrencies like Bitcoin ($BTC) and Ethereum (ETH) are trending downwards, some altcoins are attracting attention with their upward movements. These altcoins include privacy and quantum-resistant altcoins such as $ZEC, QRL, and STRK. As the downward trend continues in the cryptocurrency markets, Qiao Wang, co-founder of Alliance, shared his noteworthy analysis. Qiao Wang, the
In today’s newsletter, Sarah Cummings from Morgan Stanley Investment Management provides insights and considerations when assessing crypto exchange-traded funds. Then, in “Ask an Expert,” Ryan Tannahill from iA Private Wealth USA, answers questions about borrowing against bitcoin assets. Assessing Crypto ETPs in an Evolving Market When evaluating exchange‑traded funds (ETFs), investors typically focus on factors
Bitcoin has dipped below $77,000 on Gate, with the $BTC/$USDT pair trading just under the threshold in a muted session. According to market data, the $BTC/$USDT pair is currently priced at $76,998, putting bitcoin just under the $77,000 level. The 24-hour move is marginal, with the pair down 0.03% over the period, indicating essentially flat
DDC Enterprise, a New York Stock Exchange-listed e-commerce company, has expanded its corporate Bitcoin treasury with the purchase of an additional 200 $BTC. The acquisition brings the company’s total Bitcoin holdings to 2,583 $BTC, reinforcing its position among publicly traded companies with significant cryptocurrency allocations. Corporate Bitcoin Accumulation Continues The latest purchase by DDC Enterprise