Key takeaways:Avenir Group and Glassnode data conclude that a significant portion of spot BTC ETF inflows are unhedged, long-only positions, indicating genuine institutional conviction rather than reliance on short-term arbitrage strategies.BTC continues to behave like a traditional macro asset with...
Key points:Bitcoin fell below the $100,000 support on Sunday, but a rebound could depend on how US stock futures open.Bitcoin’s weakness has pulled ETH, XRP, SOL, and HYPE below their respective support levels.Bitcoin (BTC) nosedived below the psychological $100,000 support...
Key takeaways:Short-term Bitcoin holders sold 15,000 BTC at a loss throughout the week. Onchain data suggests a Bitcoin price bottom in the $97,000–$94,000 zone. Bitcoin (BTC) is experiencing a relatively subdued week, as armed conflict between Israel and Iran and...
Coinbase is facing backlash from crypto users after sponsoring the 250th anniversary celebration of the US Army in Washington, D.C. In a June 16 X post, Adam Cochran, a partner at venture capital firm Cinneamhain Venture, said he would be...
The US Securities and Exchange Commission (SEC) has announced several new hires, including those with experience in the cryptocurrency and blockchain industry.In a Friday notice, the SEC said Jamie Selway would join as the agency’s director of trading and markets....
Franklin Templeton, an investment management company with $1.53 trillion in assets under management, has debuted a feature that offers investors yield down to the second when holding tokenized assets.According to a Tuesday announcement, the “Intraday Yield” feature will allow investors...
Key takeaways:A 2021-style bearish divergence on the weekly chart points to a potential 50%+ correction toward $64,000.Peter Brandt warns Bitcoin must reclaim its parabolic trendline soon or risk ending its bull cycle before reaching the $150,000 target.Bitcoin’s (BTC) surge to...
Brian Quintenz, a former commissioner on the US Commodity Futures Trading Commission (CFTC), may have the opportunity to chair the agency after his nomination by President Donald Trump moved to the Senate Agriculture Committee.According to the calendar of the US...
Strategy co-founder Michael Saylor posted the Bitcoin (BTC) chart signaling an impending BTC acquisition by the company, marking week eight of consecutive purchases by the company during this latest buying stint."Orange is my preferred color," Saylor wrote to his 4.4...
Banco Santander SA, a global banking institution, is considering expanding crypto services to retail clients and potentially launching a stablecoin product.The stablecoin plans are still in the early phases. According to a May 29 Bloomberg report, the bank is considering...
