SkyBridge Capital founder Anthony Scaramucci believes Bitcoin remains in a normal cyclical correction and has not broken its long-term bullish structure. Speaking during a CNBC interview, Scaramucci argued that Bitcoin’s recent price action closely mirrors the historical four-year market cycle driven by halving events. Bitcoin’s Current Pullback Fits Historical Market Cycles After reaching a new
The Federal Reserve is expected to keep interest rates unchanged today, but that is not the main thing crypto traders are watching. Instead, all eyes are on new Fed Chair Kevin Warsh as he leads his first FOMC meeting. With Bitcoin recovering above $65,000, traders are waiting to see whether his comments on inflation, liquidity,
Strategy’s perpetual preferred stock STRC fell near record lows on Tuesday as investors seemingly balked at the company’s latest Bitcoin acquisitions. Michael Saylor’s variable-rate perpetual “Stretch” Bitcoin yield product declined by 3.58% to $91.79 on Tuesday, 8.2% below its target value of $100. Markus Thielen, CEO of 10x Research, said the dip is linked to
On-chain data in the Bitcoin market has begun to generate signals similar to the lows seen in past cycles. The Sharpe ratio, a key indicator measuring Bitcoin’s risk-return performance, has historically fallen to levels consistent with the end of bear markets. Sharpe ratio According to data from the crypto analytics platform CryptoQuant, the Bitcoin Sharpe
In crypto media, not all content is created equal — and the data makes that painfully clear. Bitcoin price analysis articles built around cycle comparisons and long-term predictions consistently outperform virtually every other type of crypto content, pulling views that are sometimes 10 to 28 times the average. Meanwhile, most informational posts fade into the
Elon Musk’s net worth has briefly climbed to nearly $1.4 trillion, surpassing Bitcoin’s market value at the time after SpaceX shares reached an intraday high of about $225.84 on June 16. According to data from Yahoo Finance, SpaceX stock extended its post-IPO rally on Tuesday, pushing the company’s valuation close to $3 trillion at its
India is likely to move toward a more balanced cryptocurrency regulatory framework in the coming years, according to GetBit Founder Abhay Agarwal, who believes the current tax structure was introduced during a period when policymakers were still trying to understand a rapidly evolving industry. Speaking in an interview with Coinpedia, Abhay said the existing 30%
Following a wave of selling pressure that pulled bitcoin ($BTC) below $60,000 two weeks ago, analysts have highlighted on-chain data that signals possible seller exhaustion, which is further substantiated by a reprieve in macroeconomic conditions. According to analysts at crypto exchange Bitfinex, the market is witnessing a transition into late-stage capitulation rather than a broader
New York Magazine has reported new details about Sam Bankman-Fried’s life in prison, including a remark that he may launch a new cryptocurrency after leaving custody. Bankman-Fried, the founder of FTX, is serving a 25-year sentence after his 2023 fraud and conspiracy conviction. The report says he remains at a federal prison in Lompoc, California,
Saylor Says Bitcoin’s ‘Killer Use Case’ Goes Beyond Payments Strategy (Nasdaq: MSTR) Executive Chairman Michael Saylor said bitcoin’s “killer use case” extends beyond payments, outlining a vision for $BTC’s role in global finance. In a June 16 article on X, Saylor argued that bitcoin’s largest opportunity lies in supporting financial markets rather than competing directly