A brewing financial drama is capturing global attention as Metaplanet Inc., Asia’s leading Bitcoin treasury company, has become Japan’s most shorted stock. Data shared on X by company CEO Simon Gerovich shows more than 25% of Metaplanet’s shares have been borrowed for short positions, setting the stage for what some crypto community members feel could...Read More
Institutional interest in Bitcoin is evolving rapidly, with one issuer now emerging as the dominant player in the ETF space. And that’s BlackRock’s IBIT. As one fund pulls ahead of all others, questions emerge about whether institutional demand is being funneled into a monopoly. Bitcoin ETF Monopoly in the Making? Currently, BlackRock’s spot Bitcoin ETF...Read More
As Bitcoin (BTC) continues to flirt with its all-time high, one analyst has laid out an interesting scenario in which the cryptocurrency skyrockets to $600,000 within 90 days while the S&P 500 collapses by 50%. Prominent market commentator Fred Krueger detailed his prediction in a 10-part thread on X posted on May 20, painting a...Read More
As the market rally continues, investor sentiment appears to be increasingly positive. This is seen in the way traders move and store their assets. Data analyzed by the market intelligence platform Santiment revealed that the supply of bitcoin (BTC) and ether (ETH) on crypto exchanges has hit multi-year lows. While this development does not guarantee...Read More
The recent bitcoin (BTC) rally has been characterised by a series of impulsive moves and well-defined consolidation phases. However, one thing that stood out during the surge was the active participation of spot traders. According to the latest edition of the Bitfinex Alpha report, BTC has been through a period of aggressive buying in the...Read More
Bitcoin is currently seeing an interesting trend being played out. In fact, new data suggest that buying sentiment remains favorable for further upside, implying it may be premature to consider exiting. Though it’s hard to pinpoint when Bitcoin might top its previous high, the current on-chain and market data signals remain very “constructive.” Bitcoin Rally...Read More
Just a month and a half ago, this article would have made no sense when BTC’s price tumbled below $75,000 and the main speculations within the community turned on whether the bull run had abruptly ended. Yesterday, bitcoin’s price stood at $30,000 higher, and it came just 2% away from breaking its all-time high from...Read More
With crypto assets quietly moving off exchanges and important metrics pointing away from overheated conditions, the momentum seems to be far from being exhausted. Several factors are at play, which suggest a growing case for the rally’s continuation. Market Sentiment Tilts Bullish Over 3,090 BTC, which is worth approximately $325 million, were withdrawn from Binance...Read More
A recent survey by the Nakamoto Project, a nonprofit Bitcoin education and advocacy group, has revealed that four out of five Americans want some US gold reserves converted to BTC. The survey of 3,345 respondents asked: “Assuming the United States was thinking of converting some of their gold reserve into Bitcoin, what percentage would you...Read More
While the IMF has required limitations on public-sector crypto engagement as part of a $1.4 billion loan agreement, El Salvador’s Bitcoin Office has continued purchasing one BTC per day. This strategy appears to have paid off, as the country now holds a massive trove of unrealized gains worth over $357 million, driven by Bitcoin’s recent...Read More
Bitcoin has set a new milestone in on-chain metrics. Its Realized Capitalization has reached a fresh high of $906.04 billion for the fourth consecutive week. This metric reflects the total value of all unspent Bitcoin transaction outputs (UTXOs) based on their purchase price, and has now surpassed its previous record as BTC continues consolidating around...Read More
Strategy, the business intelligence software company founded by Michael Saylor, has grown its Bitcoin stash to 576,230 BTC after its most recent acquisition. Its Monday announcement followed Metaplanet’s purchase, which was the second-largest in its Bitcoin-focused history. Strategy has acquired 7,390 BTC for ~$764.9 million at ~$103,498 per bitcoin and has achieved BTC Yield of...Read More
Bitcoin (BTC) has arrived at a crossroads after its recent rally past $106,000. Market participants are speculating whether the digital asset will see more momentum to register new highs or retrace a bit to cool off. A tweet thread by market expert Ali Martinez has outlined factors that could contribute to bitcoin’s surge or correction...Read More
Stock markets notched solid gains last week while crypto markets lost a bit of ground and cooled slightly. The weaker-than-expected readings on CPI and inflation expectations keep markets buoyed, while the Trump administration’s Middle East deals were a boon for the AI sector. Additionally, US Treasury yields are surging again. “Trade deals, recession worries, lower...Read More
Jeff Walton, a Bitcoin podcaster and Strategy investor, recently pointed out that Strategy (formerly known as MicroStrategy) is on track to join the S&P 500 Index. Strategy Could Soon Join S&P 500 Walton wrote in a post on the X app: Q2 is likely going to be the big blow out quarter on Earnings for...Read More
Bitcoin’s surge to $106,000 earlier this week has been primarily driven by robust spot market demand, with Coinbase seeing net buying pressure of $45 million per day, according to Glassnode’s latest report. The rally, which began after the king cryptocurrency dipped to just below $75,000 in early April, has been marked by strong accumulation phases,...Read More
Bitcoin (BTC) is holding steady at around $103,000, but the calm could be the eye of the storm. With volatility compressing and the CME gap still looming like a ghost at $91,970, crypto analysts are torn on whether BTC is headed for glory at $175,000 or prepping for a brutal fakeout. The Bull Case: $175K...Read More
The State of Wisconsin Investment Board (SWIB), an independent agency handling assets for Wisconsin’s retirement and state investment funds, has divested its shares of BlackRock’s spot Bitcoin exchange-traded fund (ETF). SWIB was one of the early buyers of spot Bitcoin ETFs, setting a precedent for other U.S. states to follow. It is unclear why the...Read More
Bitcoin has gained significant momentum over the past week, surging 10% against the US dollar after a relatively quiet and often painful spring. After recently hitting two-month high, the world’s leading cryptocurrency appears to be setting its sights on a new all-time high, and this signals a potential new phase for the asset. Experts point...Read More
The year kicked off with high hopes following the election of a crypto-friendly US president, raising hopes for regulatory easing. Bitcoin hit a record $109,300 in the first quarter of the year. However, macroeconomic pressures soon took center stage. The crypto asset has retreated to around $85,000. Now, CME Bitcoin futures positions hint at a...Read More
Following a sharp rebound from the recent low around $75,000 last week, traders are now speculating whether Bitcoin might be preparing to break its long downtrend. The shift in sentiment has prompted renewed optimism, with many watching closely for signs of a potential trend reversal. However, data depict investors’ hesitation in a volatile market climate....Read More
The macroeconomic environment remains uncertain as global trade relations realign, reported onchain analytics firm Glassnode on April 16. However, it added that “the performance of hard assets remains remarkable,” citing gold’s all-time high and Bitcoin holding above $80,000 despite the headwinds. “One could consider this a fascinating signal as the foundations of the financial system...Read More
In a crypto market review released on April 16, asset manager Bitwise described Q1 2025 as “the best worst quarter in crypto’s history.” It was a “frustrating” period for the industry, said the firm’s chief investment officer, Matt Hougan. Q1 has been historically positive with the first pro-crypto US president taking office, the creation of a...Read More
Prominent economist and gold advocate Peter Schiff, who gained notoriety for accurately predicting the 2008 financial crash, is at it again, taking another swipe at Bitcoin. In his latest commentary, Schiff is advising investors to sell all of their Bitcoin, which he deems the “epitome of risk assets,” and instead place their bets on gold...Read More
Bitcoin experienced volatile price swings in the second part of Q1 2025 as it struggled to reclaim its record high of over $109,000. The start of Q2 was quite painful as it briefly slid to new yearly lows around $74,500. Although there’s been a slight rebound this week, sentiment among futures traders appears to have...Read More
Bitcoin whale activity picked up in March and April this year, observed crypto YouTuber Lark Davis on April 16. Over the past two months, large holders with a balance from 1,000 to 10,000 BTC “have been buying like never before,” he added, citing a chart from CryptoQuant. The graph shows a steep increase in whale...Read More
The current Bitcoin cycle feels unusually subdued compared to previous bull runs. Despite price appreciation, the level of excitement and retail participation remains muted. CryptoQuant believes that an important on-chain metric underlines this shift – the percentage of BTC held for one week to one month is significantly lower than in past cycles. This suggests...Read More
Public companies have scooped up 95,431 BTC in the first quarter of 2025, the highest ever amount for a three-month period, reported asset manager Bitwise on April 14. This brought the total Bitcoin holdings for corporations to 688,000, representing around 3.3% of the total supply. Additionally, this represents a 16% increase from the previous quarter,...Read More
According to Bo Hines, Executive Director of the President’s Council of Advisers on Digital Assets, the Trump administration is exploring the creation of a U.S. Bitcoin Reserve funded through alternative government revenue streams. Speaking in a recent White House interview with investor Anthony Pompliano, he revealed that officials are assessing the use of revenue from...Read More
Bitcoin’s “apparent demand” has flipped from negative to positive for the first time in 2025, signaling growing accumulation by investors. With the cryptocurrency hovering near $86,000 and its market dominance surpassing 60%, analysts are debating whether this marks the start of a fresh rally toward all-time highs. A Breakout in the Making After weeks of...Read More