Bitcoin, broader market fail to keep pace as global equities hit record highs
Derivatives data show subdued activity in bitcoin and ether but aggressive positioning in select altcoins. Source:CoinDesk
Bitcoin price-metric basket sees longest capitulation since FTX blow-up: Glassnode
Glassnode confirmed that its aggregate BTC price cycle tool was in its coldest phase since the collapse of FTX in late 2022. Source:Cointelegraph
Why bitcoin’s ‘500-day rule’ faces its biggest test yet
The socalled ‘500day rule’ says buying BTC roughly 500 days before a bitcoin halving and selling it about 500 days after would have produced profits in prior…
Bitcoin flat at $64,000 as stocks print records and Hormuz deal nears
BTC held near $64,000 as MSCI's world index set another peak and Brent fell toward a Hormuz deal. Ether is the only major down on the week. Source:CoinDesk
Intesa Sanpaolo slashed IBIT stake by 94% in 2Q, tripled ether ETF holding as crypto prices slumped
The Italian bank tripled its holding of iShares Staked Ethereum Trust ETF stake as total bitcoin ETF holdings fell 35% to $69.3 million. Source:CoinDesk
Italy’s biggest bank triples staked Ether ETF holdings while cutting IBIT shares
Italy’s largest bank Intesa Sanpaolo increased its staked Ether ETF position to $7.1 million while reducing its holdings in two spot Bitcoin ETFs.…
Jim Cramer plans to sell his Bitcoin over quantum fears as BTC rises 1.6%
The CNBC personality said he’ll sell his Bitcoin holdings due to fears about quantum computing, as some cryptocurrency investors celebrated, referencing the…
First U.S. spot bitcoin ETF to close as inflows dwindle, investors chase AI returns
Hashdex's DEFI, the smallest of the funds, held $14.7 million under management, compared with $47.08 billion for BlackRock’s IBIT. Source:CoinDesk
Bhutan's GMC puts part of its bitcoin treasury to work after 10,000 BTC pledge
The planned Gelephu Mindfulness City says 3iQ will run part of its bitcoin treasury on a marketneutral basis, a shift from holding the coins as a longterm…
Bitcoin nears $64,000 as traders look past Strategy's BTC sales and Coldcard sweeps
Every major token except ether is green on the week, with BTC up 1.9% over 24 hours and Asian equities selling off on AItrade jitters. Source:CoinDesk
Hashdex to shut smallest Bitcoin ETF after more than two years
The spot price Bitcoin exchangetraded fund, which was never able to attract more than $18 million in net assets, will pay out investors and sell its 225 BTC in…
Trumps’ American Bitcoin reports record BTC output, narrower Q2 loss
Trumplinked Bitcoin miner produced a record 932 BTC in the second quarter, lifting mining revenue 8% as its net loss narrowed from the previous quarter.…