Bitcoin’s latest breakout may have started with a shift in U.S. Treasury-market liquidity, but analysts say its staying power will depend on whether ETF inflows and spot demand can replace the initial macro boost. Bitcoin surged roughly 22% during its breakout week as long-term Treasury yields fell and the dollar weakened following the U.S. Treasury’s
The market is now more than halfway through Q3, with prediction markets heating up. So far, it seems that August has gone against the broader market trends. From a technical perspective, $BTC this month climbed by more than 25%. The result? A short liquidation cascade with over $800 million squeezed on the 19th of August
Ripple has taken its first step into the US stock market by launching its new Delta One service within its institutional brokerage platform, Ripple Prime. According to Bloomberg, the new service allows institutional investors to conduct Total Return Swaps (TRS) transactions on US-listed stocks, stock indices, and digital assets. Ripple’s official statement indicated that the
Bitcoin has climbed back above $80,000. The cryptocurrency has extended its sharp recovery from its July lows as renewed demand for spot exchange-traded funds. At press time, Bitcoin is trading at about $80,357. It is up 2.4% over 24 hours, 10.6% over seven days and 27.6% over the past month. The cryptocurrency briefly moved above
Key Resistance Broken Bitcoin reclaimed $80,000 on Thursday, breaking through a key $79,000 resistance level that had held since shortly after Tuesday’s monthly high. The price rebound came amid reports that the U.S. Department of the Treasury is set to auction $92 billion in three-month bills on Aug. 31. According to 24-hour chart data, bitcoin
Should fund managers dealing in Bitcoin be worried about the threat of quantum computing? The short answer is yes — but there’s time to prepare and solutions are already being found. One of them? Post-quantum Bitcoin transactions on the mainnet. And the first one happened this week thanks to the Starknet Foundation. JUST IN: The
Bitcoin’s late-August recovery has unfolded in stages. Days prior to the Aug. 19 pump, VanEck’s capitulation dashboard showed broad market stress with eight of its 12 signals active, and the first move higher was consistent with a sharp reset in bearish positioning. The case for a more durable turn strengthened later as ETF creations and
Stable Sea has added two WisdomTree digital funds to its treasury platform, giving eligible businesses access to three SEC-registered products with minimum investments starting at $1. Stable Sea adds two WisdomTree funds Stable Sea said the WisdomTree Short-Duration Income Digital Fund and WisdomTree Floating Rate Treasury Digital Fund are now available through Stable Sea Terminal,
IREN stock jumped over 4%, mirroring gains at other neocloud companies like CoreWeave and Nebius following strong Nvidia earnings and guidance. Shares climbed to $43.25, but this rally will be put to the test when the company publishes its own earnings later today. IREN’s revenue to drop on Bitcoin sell-off as pivot to AI continues