SkyBridge Capital founder Anthony Scaramucci stated that he maintains his long-term optimism for Bitcoin, and explained five key reasons why he remains bullish on BTC. According to Scaramucci, Bitcoin’s most important feature is that its value cannot be diminished by any government. Arguing that Bitcoin’s 21 million supply limit is secured by code, not promises,
Iran’s top joint military command announced it would close the Strait of Hormuz to shipping for violating the ceasefire agreement with the United States and Israel. According to Iranian state media outlet Mehr, a statement from Iran’s Khatam al-Anbiya Central Headquarters announced that the Strait of Hormuz would be closed to shipping. The statement described
Daily Chart The bounce off $59,000 produced a string of higher lows on the daily chart, and the price now consolidates between $63,000 and $64,000. Trading volume spiked during the capitulation phase and has since pulled back, a pattern that often points to fading panic selling rather than fresh distribution. On the daily timeframe, resistance
A Cash-Flow Problem, Not a Crypto Problem In a podcast with journalist Laura Shin, Grayscale’s head of research (who posts on X as LowBeta) argued that Strategy’s preferred-equity obligations are best understood “as a cash flow issue, not a crypto issue,” adding: “ Bitcoin produces no yield. If the price doesn’t go up, there are
TL;DR Binance India said Bitcoin increasingly reflects broader macro market dynamics. A TradingView analyst linked the next major $BTC phase to Federal Reserve expectations and support confirmation. The article treats bold price targets as analyst commentary, not a Fed forecast. Bitcoin’s Macro Link Gets Harder To Ignore As Bitcoin has matured, its relationship with traditional
Bitcoin’s emerging digital-credit trade broke below its promise of calm this week. This week, Strategy’s STRC preferred shares fell as low as $82.50 before rebounding, while Strive’s SATA slid from around par into the low $90s and also recovered. Both products had been sold into the market as income instruments built around Bitcoin treasury companies,
Strategy’s co-founder, Michael Saylor, has cited the market drawdown his company faced in the past, yet the company didn’t sell any $BTC even when its debt exceeded its reserves. This comes amid criticism of the company’s approach to buying more $BTC using MSTR and the preferred security STRC, despite current market conditions.
A bear market leaves investors with three choices: Buy the dip, sell at a loss or HODL through the FUD. From a technical view, Bitcoin has been consolidating around $60k for nearly two weeks, which could be a sign that buyers are finally stepping in. According to market makers, dip buyers historically accumulated around this
The U.S. stock market continues to hit new highs despite geopolitical tensions and persistent inflation concerns. Some market analysts argue that history favors long periods of growth, with bull markets lasting far longer than downturns. The trend has also fueled speculation that beaten-down assets like Bitcoin could eventually benefit from a shift in investor capital.
STRC, the dividend-paying preferred equity issued by bitcoin treasury company Strategy (MSTR), is designed to hold a price of $100, its par value. It doesn’t always work that way. On Thursday, the stock price dropped below $83, some 17% below the target and the lowest since it debuted in July 2025. The security is meant