Bitcoin
In-depth research, opinions, and analysis of Bitcoin trends.
Why Strategy May Need to Sell $3B in Bitcoin, According to Grayscale
<p>Grayscale’s Research Director has argued that Strategy, the publicly traded company formerly known as MicroStrategy, may need to sell more than $3 billion worth of its Bitcoin holdings to meet cash obligations.</p>
Bitcoin Falls Below 60,000 USDT as 24-Hour Gain Slips to 0.03%
<p>Bitcoin slipped below the 60,000 USDT mark as its 24-hour price change narrowed to just 0. 03%, signaling a period of near-total stagnation in short-term momentum for the largest cryptocurrency by market capitalization.</p>
Morgan Stanley Bitcoin Holdings Exceed 4,700 BTC
<p>Morgan Stanley’s total Bitcoin holdings have exceeded 4,700 BTC, marking a notable expansion in the Wall Street bank’s digital asset exposure and reinforcing institutional interest in the leading cryptocurrency.</p>
Ripple CEO Stays Bullish on Bitcoin, Questions Strategy Preferred Stock Model
<p>Ripple CEO Brad Garlinghouse has reaffirmed his bullish stance on Bitcoin while taking aim at Strategy’s preferred stock financing model, drawing a sharp line between conviction in the asset itself and the corporate treasury strategies built around it.</p>
Bitcoin Spot ETFs See $445M Net Outflows in 7-Day Streak
<p>Bitcoin spot ETFs recorded $445 million in net outflows, extending a withdrawal streak to seven consecutive trading sessions and raising questions about near-term institutional demand for the leading cryptocurrency.</p>
Strategy mNAV Falls Below 1 as Bitcoin Reserve Value Overtakes Market Cap
<p>Strategy’s mNAV, the ratio comparing the company’s market capitalization to the value of its Bitcoin reserves, has fallen below 1.</p>
Bitcoin Falls Below 59,000 USDT as BTC Drops 3.86% in 24 Hours
<p>Bitcoin fell below 59,000 USDT, recording a 3. 86% decline over 24 hours as selling pressure intensified across the cryptocurrency market.</p>
Bitcoin Rebounds Above $60,000 as 24-Hour Loss Hits 1.7%
<p>Bitcoin climbed back above $60,000 on June 25 after sliding to roughly $59,200 earlier in the session, but the largest cryptocurrency by market capitalization remained down approximately 1. 7% over the prior 24 hours, signaling that the rebound was more relief rally than trend reversal.</p>
BTC Above $62,609 Could Trigger $1.805B in CEX Short Liquidations: Data
<p>Liquidation data indicates that if Bitcoin breaks above $62,609, cumulative short order liquidation intensity across mainstream centralized exchanges could reach $1. 805 billion, creating a significant pressure point for leveraged bearish positions.</p>
Bitcoin Rises Above $60,000: What’s Driving the Breakout?
<p>Bitcoin surged above $60,000 on February 28, 2024, reclaiming the level for the first time since November 2021 as spot ETF inflows and halving anticipation fueled a broad rally that pushed the price past $63,000 within hours.</p>
H100 Shareholders Approve Acquisition Deal to Triple Bitcoin Holdings
<p>H100 Group AB shareholders have approved an acquisition agreement tied to the company’s plan to triple its Bitcoin holdings to approximately 3,500 BTC, marking a significant step in the Swedish firm’s corporate treasury strategy.</p>
Bitcoin Falls Below 60,000 USDT After 4.06% 24H Drop
<p>Bitcoin fell below 60,000 USDT, recording a 4. 06% decline over 24 hours as the leading cryptocurrency broke beneath a closely watched psychological price level.</p>
Wintermute Says Bitcoin Could Fall to $59,000 as Summer Liquidity Shrinks
<p>Wintermute, one of the largest algorithmic trading firms in crypto, has flagged $59,000 as a potential short-term downside target for Bitcoin, citing thinning summer liquidity as the primary risk factor for sharper price swings in the weeks ahead.</p>