Bitcoin price climbed toward the $95,000 even as risk-adjusted returns continued to weaken. Summary Bitcoin price is up 7.5% this week but remains well below its September peak. Trading and derivatives volume are rising faster than open interest. A falling Sharpe ratio suggests the rally lacks strong risk-adjusted support. Bitcoin traded at $93,810 at press
Bitcoin just hit a double-trigger setup that has not appeared in over a year — Capriole’s institutional accumulation signal is flashing green, and Bitcoin treasury companies have flipped back to net buyers. The last five times this setup appeared, Bitcoin’s average gain hit over 109%. Right now? It is only 5% plus. The main signal
MicroStrategy (now Strategy) is in its most consequential phase since adopting Bitcoin as its primary treasury asset. The company’s mNAV (microstrategic net asset value) premium has fallen to 1.04x, effectively erasing the valuation buffer that once powered its dramatic outperformance versus Bitcoin itself. The shift marks a regime change, with Strategy’s future no longer hinging
U.S. Senator Cynthia Lummis, a prominent Bitcoin advocate and co-sponsor of the BITCOIN Act proposing a strategic Bitcoin reserve, expressed strong concern over a recent BTC sell by the U.S. government. The BTC seized from the Samourai Wallet founders needs to be added to the Strategic Bitcoin Reserve, as per an executive order.
Telegram lost access to $500M in financing after a bond was frozen under Western sanctions against Russia. Despite Telegram’s global presence, its ties to Moscow are still affecting its business. Telegram has issued multiple bonds, including emissions to cover previous debt. The company holds regular buybacks and has bought most of its debt maturing in
Bitcoin price has extended its upward momentum after breaking out of a recent consolidation pattern. The breakout signals growing confidence that BTC may be preparing for a larger move. Rising spot Bitcoin ETF inflows mirror historical conditions that previously preceded sharp price advances, strengthening the bullish narrative forming around the asset. Bitcoin ETFs Show Rising
Crypto and AI-based initial public offerings last year reportedly dragged down the performance of all US public debuts to fall behind the tech-heavy index S&P 500. Shares of all companies that went public last year, not including closed-end funds and blank-check companies, gained 13.9% on a weighted average basis, underperforming the S&P 500’s comparative 16%
Bitcoin accumulation by whales and recent profit-taking by retail traders could be seen as bullish and lead to more upward market momentum, according to Santiment. Crypto markets “typically follow the path of key whale and shark stakeholders, and move in the opposite direction of small retail wallets,” said on-chain analytics platform Santiment on Monday. Whales
The son of legendary investor Bill Miller has joined a chorus of analysts who predict Bitcoin will set a new all-time high this year, buoyed by regulatory momentum in the US and continued adoption on Wall Street. “Technicals are really starting to line up and it looks like it’s ready to go again. I personally