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
A pair of financial institutions managing more than $1 trillion each approved crypto products this summer, a shift Bitwise CEO Hunter Horsley says shows large firms are expanding crypto access even during a bear market. “This year everyone just put on the crypto jersey,” Horsley said during an interview with CoinDesk. “Everyone works for crypto
Bitcoin [$BTC] was flowing into exchanges even as the leading crypto’s price threatened to fall below $62k. Major platforms such as Binance, Kraken, and Bitstamp have seen sizeable coin inflows. Source: CryptoQuant The Binance reserve rose from 662k to 671.6k $BTC, a 1.45% increase in a week. Kraken saw a 3.48% weekly increase in exchange