10x Research’s Markus Thielen says the demand for Bitcoin as a long-term asset could be “significantly smaller than the media portrays.” Spot Bitcoin exchange-traded fund investors have primarily been using the vehicle for arbitrage strategies, with just 44% of inflows tied to long-term investments, according to a crypto research firm. Spot Bitcoin ETFs in the…
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Bitcoin’s rangebound trading style is raising eyebrows among both traders and analysts despite the Bybit hack. Bitcoin eyed $95,000 into the Feb. 23 weekly close as signs pointed to a major BTC buy-in by business intelligence firm Strategy. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Strategy CEO Saylor hints at BTC exposure increase Data from Markets Pro and TradingView showed a…
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HK Asia purchased just one Bitcoin and saw its share price spike nearly 93% as a result. In May 2013, investor Davinci Jeremie urged people to “just buy $1 worth of Bitcoin” for potentially life-changing returns. At the time, BTC was valued around $100. Investors who were smart enough to heed his advice at any point over…
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“It seems like it’s some sort of price suppression,” Mow said during a panel discussion at Consensus Hong Kong. Bitcoin’s price action is raising concerns about possible market manipulation as the cryptocurrency continues trading in a tight range despite billions of dollars in institutional inflows. Bitcoin has been range-bound for over two months, trading between the…
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Michael Saylor’s Strategy is looking to raise another $2 billion via 0% convertible notes to purchase more Bitcoin, potentially adding to the firm’s 478,740 Bitcoin stash. The business intelligence services and Bitcoin buying firm formerly known as MicroStrategy is looking to raise another $2 billion through 0% senior convertible notes to purchase more Bitcoin. The…
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Seán Murray claims Bitcoin’s first transaction was made on Jack Dorsey’s mother’s birthday while Satoshi mined their last block on Dorsey’s father’s birthday. American entrepreneur Jack Dorsey has again been theorized as secretly being Bitcoin’s pseudonymous creator, Satoshi Nakamoto — with a post on X sparking debate again over one of crypto’s biggest mysteries to…
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The Bitcoin Inter-Exchange Flow Pulse metric is flashing what traditionally signals the start of BTC price downside. Bitcoin risks entering a new “bearish phase” as investors reduce risk exposure at current prices. In fresh findings on Feb. 15, onchain analytics platform CryptoQuant warned that BTC was increasingly leaving derivatives exchanges. Bitcoin exchange flow trend flips bearish Bitcoin flows…
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A Bitcoin analyst says he has moved his self-custodied Bitcoin into spot Bitcoin ETFs to give himself “peace of mind” by not having to deal with the hassle of having his own private keys. Bitcoin analyst PlanB revealed that he has moved all his Bitcoin from self-custody into spot Bitcoin exchange-traded funds (ETFs), in an…
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Bitcoin rose back above $98,000 after dipping slightly when US President Donald Trump announced tariffs on aluminum and steel as part of an escalating US trade war. A solo Bitcoin miner hit the jackpot, mining a block for a 3.125 Bitcoin reward worth over $300,000. Block 883,181, mined on Feb. 10 by a miner listed…
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Bitcoin exchange reserves drop to a three-year low, signaling a potential supply shock as institutional buying from ETFs continues. Bitcoin exchange reserves have fallen to their lowest level since 2022, suggesting a supply shock as institutional demand from exchange-traded funds (ETFs) continues to grow. Bitcoin reserves across all cryptocurrency exchanges have fallen to a three-year low…
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