The Coinbase Bitcoin Premium Index has stayed negative for ninety days as Bitcoin’s [$BTC] price continues its struggle to break above the $70,000 price level last observed in May. To put things in perspective, the Coinbase Bitcoin Premium Index calculates the price difference between Bitcoin on Coinbase and Binance and provides an estimate of buying
Le Identifies Seven Potential Market Catalysts Bitcoin markets could become more active during the fall as several regulatory, financial, and political developments converge, Strategy President and CEO Phong Le stated Aug. 16. His market outlook connects the potential revival with policy changes, institutional adoption, economic stability, geopolitical developments, and the U.S. midterm elections. Le presented
Stripe is reportedly closing in on one of the biggest deals in its history, with Bloomberg reporting that the payments giant has finalized an agreement to acquire AI gateway startup OpenRouter in a transaction valued at more than $7 billion. If confirmed, the move would mark Stripe’s largest known bet on artificial intelligence infrastructure and
STRC Outperforms as Bitcoin Declines STRC outpaced bitcoin by 56 percentage points over the past year, according to a one-year return chart Strategy Inc. (Nasdaq: MSTR) Executive Chairman Michael Saylor shared Aug. 16 on X. The chart measured returns through the Aug. 14 market close and highlighted the performance gap between bitcoin and Strategy’s income-producing
The number of new products being introduced in the U.S. ETF market is growing at an unprecedented rate. 900 new ETFs have already debuted in 2026, according to The Kobeissi Letter, setting the market up for its most successful year to date. Roughly 1,470 ETFs could be launched by the end of 2026 if the
Bitcoin’s [$BTC] current valuation sits at the lowest end of the rainbow model, extending a decline that has moved the price below its historical trend. The metric normally categorizes the price of $BTC based on valuation bands using the relationship of market price to long-term growth trend. As the price falls further below that trend,
Bloomberg Intelligence Senior Commodity Strategist Mike McGlone has updated his medium-term Bitcoin forecast, warning investors about the risk of a major price correction. While the U.S. stock market, represented by the Nasdaq and S&P 500, is reaching new all-time highs, the leading cryptocurrency continues to lag behind equities. According to the analyst, Bitcoin’s inability to
The Coinbase Bitcoin Premium Index has extended its record-breaking negative streak to 90 consecutive days, CoinGlass data shows. According to data from CoinGlass, the index has remained below zero from May 19 through August 16. The latest reading stands at -0.1066%. This makes the current run the longest period of consecutive negative readings since the
David Tait, CEO of the World Gold Council, made radical statements about the cryptocurrency world while appearing as a guest on David Lin’s channel. Tait stated that his personal opinion on Bitcoin is “to go to zero,” and criticized the leading cryptocurrency’s high correlation with risky assets. Nevertheless, Tait, who offered market advice to investors,
You earn a very small amount of interest when you let banks hang onto your money, and bankers contend that letting crypto platforms pay you more just for holding stablecoins would throw the U.S. economy into danger. That argument may have contributed to fatally derailing the Senate’s Digital Asset Market Clarity Act. Even after a