Bitcoin ($BTC) may reach $100,000 by June as Strategy’s renewed buying power and falling stablecoin dominance suggest liquidity is returning to crypto. Key takeaways: Michael Saylor’s Strategy may purchase at least 3,127 $BTC this week via the sales of STRC shares. Falling crypto market dominance of $USDT and $USDC stablecoins increases $BTC’s odds of reaching
Bitcoin Suisse (International) Ltd., an affiliate of the Switzerland-based Bitcoin Suisse Group, has obtained dual regulatory approvals from the Bermuda Monetary Authority, according to a note shared with Bitcoin Magazine. The Bermuda Monetary Authority (BMA) granted the entity a Class F license under Bermuda’s Digital Asset Business Act (DABA) and a Class B registration under
Strategy’s perpetual Stretch preferred stock, STRC, is likely driving strong mid-month performance for bitcoin, according to research and brokerage firm K33, creating a supportive short-term demand dynamic for the market. Bitcoin ($BTC) posted strong returns during the middle week of March and April, a pattern that Head of Research Vetle Lunde suggested in a new
Bloomberg senior ETF analyst Eric Balchunas reported that the Bitcoin spot ETF iShares Bitcoin Trust (IBIT) has significantly outperformed the gold ETF SPDR Gold Shares (GLD) since March, outpacing it by roughly 33 percentage points in performance. According to Balchunas, IBIT has attracted approximately $4.2 billion in net inflows during this period, while GLD has
Is a global 2008-style economic crash nigh? And do current conditions resemble the early stages of a broader global financial crisis driven by debt costs, inflation pressure, and constrained policy responses? Those questions have become harder to dismiss because the pressure points are stacking in the wrong order: high sovereign yields, high public debt, an
Legendary trader Peter Brandt has emerged as the main destroyer of market optimism, categorically stating that a reliable Bitcoin bottom pattern has “$NOT $NOT $NOT” been formed. While the crowd is celebrating a local rebound, the veteran technical analyst offers a sobering view of the chart. From his perspective, the current rise is not the
Known for his years of legal battles, Australian computer scientist Craig Wright – whose claim to being Bitcoin creator Satoshi Nakamoto was officially rejected by London’s High Court – is once again attempting to regain media influence. This time, the trigger was criticism of the leading cryptocurrency from billionaire Ray Dalio, who recently stated that
A hotter-than-expected April inflation report has put Bitcoin back at the center of the Federal Reserve trade, reviving the higher-for-longer rates problem that has capped crypto markets for much of the year. The Bureau of Labor Statistics (BLS) reported on May 12 that headline CPI rose 3.8% year over year in April, above the 3.7%
BlackRock Inc. (NYSE: BLK) accelerated its Bitcoin ($BTC) and Ethereum ($ETH) sell-off on May 13 amid rising risk of crypto capitulation. BlackRock deposited 861 $BTC, worth approximately $69.59 million, to Coinbase Prime on Wednesday, according to on-chain data from Arkham Intelligence. Additionally, the management firm sent 44,691 $ETH, valued at around $103.15 million, to Coinbase
Bitcoin just fell below $80,000 as a hotter-than-expected US inflation print pushed crypto and equities lower. $BTC price slipped from the low $81,000 area into $79,706, with the session low marked near $79,557. The break turned $80,000 from a round-number reference into the first tactical line for intraday structure. Bitcoin price decline alongside rising US