Bitcoin fell under $63,000 on Monday as the Coinbase Premium Index, a proxy for US institutional demand for Bitcoin, reached its 77th day in the red. Bitcoin has traded at a persistent discount on Coinbase relative to international exchanges since May 19, with the latest premium rate at -0.1369%, according to Coinglass. As of Monday,
Transactions by large investors who have been inactive for a long time in the cryptocurrency market continue to be closely monitored. On-chain analytics platform Onchain Lens reported that 730 $BTC were transferred from the wallet of a Bitcoin whale that had shown no activity for four years. The transfer, worth approximately $46.12 million at current
Bitcoin trades at $62,726 on August 3, down 1.22%, pressing against the $62,000 horizontal support as spot ETFs post their first negative week in a month and a hardware wallet exploit pulls sentiment lower. Price remains below all four EMAs on the daily chart, with RSI sliding under 50 to 44.32, keeping momentum firmly on
After enjoying a substantial recovery through most of July, Bitcoin ($BTC) began reversing later in the month, and Finbold’s artificial intelligence (AI) predictive machine learning algorithm estimates that the latest downtrend will persist by August 31. Specifically, after analyzing the cryptocurrency using a variety of technical tools, including moving averages (MA), the relative strength index
Nasdaq-listed crypto treasury company ZeroStack warned that substantial doubt exists about its ability to continue operating over the next year, reversing its assessment from three months earlier. In a Form 10-Q filed with the US Securities and Exchange Commission (SEC) on Friday, ZeroStack reported $2.6 million in cash, negative working capital of $600,000 and an
Once a goldmine for carry traders, bitcoin futures have flipped, consistently underperforming plain‑vanilla U.S. Treasuries every month since February. Carry trades consistently yielded 20% or more across regulated and unregulated crypto exchanges during the 2021 bull market. The strategy involved shorting bitcoin BTC$62,729.30 futures while simultaneously buying a spot exchange-traded fund (ETF). Now they return
Craig Wright, an Australian computer scientist who has long claimed to be Bitcoin’s pseudonymous creator Satoshi Nakamoto, has once again publicly criticized Bitcoin’s governance model and its developer-led structure. In recent remarks reported by BeInCrypto, Wright argued that Bitcoin’s base protocol should remain permanently fixed and that allowing a small group of developers to modify