Historical data surrounding how Bitcoin reacted before and after the Coinbase IPO suggests the S&P 500 could pull back after the SpaceX IPO. As investors look ahead to the SpaceX IPO, market analyst Ali Martinez has called attention to Bitcoin’s performance around the Coinbase public listing in 2021 as a hint to what could happen
As more attention lands on Bitcoin treasury firms, Strategy’s business model is once again in the spotlight. A recent analysis says Strategy’s core software business is now worth almost nothing compared to the company’s total market value. Its software business brought in mere $124.3 million in revenue in Q1 2026, while the company holds $53
According to Lookonchain, a Bitcoin [$BTC] whale recently withdrew 2,341 $BTC worth $144.68 million from OKX. This outflow from a centralized exchange might not have been an isolated incident though. Exchange reserves have been shrinking lately, with flow data pointing to persistent accumulation. And yet, on the other hand, demand conditions have been “deeply unfavorable,”
I’ve been vocal about accumulating Bitcoin aggressively at current levels. Now I’m starting to look seriously at Strategy too. The same kind of confluence that flagged Bitcoin as a sizeable accumulation opportunity is appearing on MSTR, and in some cases, the readings are even more extreme. This week at a glance: The RSI has only
Justin Sun’s made-up micronation Liberland has fired its secretary of technology after he allegedly blocked President Vít Jedlička from voting and centralised control of the country’s blockchain. That’s according to a “congress resolution” published by Liberland today. As part of the resolution, Dorian Stern Vukotić was removed from the country’s blockchain-based congress and accused of
In brief A new study commissioned by the Coalition for Prediction Markets found Americans wagered up to $34 billion on offshore prediction markets during a 12-month span. It estimated that up to 30% of Polymarket’s trading volume during the period came from Americans. Offshore prediction market trading volume by Americans could grow to as much
Bitcoin fell to 15th place among global assets as technology stocks and new listings dominated the market-cap leaderboard. CompaniesMarketCap data placed the asset below Samsung, Meta, Tesla, Saudi Aramco, and SpaceX. The move came as BTC traded around $63,500, with a market value of about $1.275 trillion. The ranking showed a clear shift in investor
Phong Le, President and CEO of Strategy, the largest institutional investor in the cryptocurrency world, put an end to speculation that the company might be forced to sell Bitcoin. Le stated that the company holds 845,000 Bitcoins, representing approximately 4% of the total supply, and argued that claims of “forced sales” in the market do
Summary Standard Chartered analyst Geoffrey Kendrick says bitcoin has likely set its cycle low at about $59,000, marking the end of the latest crypto downturn. Kendrick argues that heavy selling of spot bitcoin ETFs, partly to free cash for SpaceX’s blockbuster IPO, is likely to ease now that the listing has begun. He says a