Bitcoin ($BTC) is making waves in terms of Short-Term Holder Spent Output Profit Ratio (STH SOPR). As per the data from Axel Adler Jr., the Short-Term Holder Spent Output Profit Ratio (STH SOPR) of Bitcoin has reportedly jumped to 1.04 while its price is hovering around $119K, indicating a bullish outlook. In this respect, the
Bitcoin, the first and largest cryptocurrency by market cap, reached a record high of $124,533 on Thursday before retreating as the market fell, owing to profit taking and macroeconomic concerns. In the last 24 hours, $342 million have been liquidated across various digital assets, as the crypto market extended its drop early Friday. As the
Key Takeaways Brevan Howard is now the largest institutional investor in BlackRock’s Bitcoin ETF, holding 37.5 million shares valued at $2.3 billion. The firm’s holdings in IBIT grew since March, signaling rising institutional interest in regulated Bitcoin exposure. Hedge fund giant Brevan Howard reported owning around 37.5 million shares of BlackRock’s Bitcoin ETF (IBIT) as
Michael Saylor, executive chairman at business intelligence firm Strategy, claims that the road is now “clear” for Bitcoin and the banking sector after the Federal Reserve ditched a crypto bank oversight program. The road is now clear for Bitcoin and banking. https://t.co/Kzu2ZKbz8m — Michael Saylor (@saylor) August 15, 2025 No special oversight The controversial program,
This week, Bitcoin (BTC) and other cryptocurrencies were closely monitoring critical economic data from the US. The US Consumer Price Index (CPI) data was released first, followed by the Producer Price Index (PPI). Higher-than-expected US PPI figures shook global markets, including cryptocurrencies, overnight. PPI data show that tariff-related cost pressures are being passed on to
Bitcoin and Ethereum ETFs are both performing very well, with their combined trade volume reaching $11.5 billion yesterday. This is roughly equivalent to Apple’s stock volume that day, which is an impressive feat. ETH is witnessing a flood of fresh corporate interest, as NEOS’ new “high income” ETF signals sustained institutional inflows. Nonetheless, BTC is
The Federal Reserve continued its relaxation of crypto oversight on Friday with a move to shut down a two-year-old supervisory program intended to keep a special eye on banks’ crypto ties, instead folding that task back to its day-to-day oversight work. The central bank established its short-lived Novel Activities Supervision Program during the tenure of
Bitcoin’s bull cycle is approaching its final stage after 997 days since the cycle bottom on November 21, 2022. This suggests the peak could occur within 70 days, likely between October 15 and November 15, 2025. Bitcoin Cycle Peak in October–November 2025 In a recent observation of Bitcoin’s historical cycles, analyst CryptoBirb shared some notable
Digital asset treasury (DAT) firms, seen as high-beta plays on crypto prices, sold off sharply on Friday as the August crypto rally showed signs of exhaustion. Strategy (MSTR) fell another 3% on Friday, extending its decline to 20% since July’s high and 33% from the November 2024 all-time high. The MSTR/IBIT ratio dropped to 5.43,
According to the latest research report from crypto finance firm Matrixport, the US market has entered a new cycle of liquidity release. Matrixport: US Liquidity Cycle Restarts, Bitcoin Could Rise The report predicts that structural funding support could sustain the rise in Bitcoin and other risky assets, and that this trend could continue until 2026.