Bitcoin can fall below $58K if one of its 'cleanest' metrics copies history: Analysis
Bitcoin NUPL metric data suggested that BTC price action should make new cycle lows in order to preserve historical patterns. Source:Cointelegraph
Binance taps into Bitcoin holders’ hunger for yield with new covered call yield play
The product, called BTC Yield, is designed exclusively for people who already hold bitcoin. Source:CoinDesk
Bitcoin's recent macro relief faces a challenge from Japanese interest rates
Japanese bond yields continue to rise, lifting their U.S. counterparts and posing a potential headwind for risk assets. Source:CoinDesk
Live markets: Bitcoin and ether ETFs drew inflows on Monday
Spot bitcoin ETFs still lost a net $526.6 million over the shortened holiday week, an eighth straight week of negative flows. Source:CoinDesk
BONK faces $20 million treasury drain after attacker spends $4 million to pass malicious proposal
The attacker bought enough of the memecoin's tokens to pass a governance proposal that sent the group's holdings to a wallet they controlled, then began…
XRP stalls near $1.14 as breakout attempt struggles for volume
Buyers defended the session lows and pushed XRP back toward resistance, but muted overall volume left traders waiting for confirmation above $1.13$1.14.…
Bitcoin drops after a run at $64,000, shrugging off Strategy's $213 million BTC sale
The token touched $64,400 overnight before easing back, still up about 6% on the week. A fresh missile strike on a Qatari gas ship in the Strait of Hormuz…
Bitcoin bulls shake off Strategy's $216M BTC sale as price overtakes $64K
Bitcoin reversed course from its Monday open selloff and closed the day above $64,000 as bulls began to price in Strategy’s selling. Source:Cointelegraph
If the stock market’s double bubble bursts, it could usher in the next crash
While valuations still look extreme relative to history, the recent pace of corporate earnings growth has also meaningfully diverged from the longterm trend.…
Bitcoin recovers from Strategy's BTC sale, funding rates hit 9%: Are bulls back?
Bitcoin sold off as news of Strategy selling BTC shook investors’ nerve but the quick rebound suggests bulls remain ambitiously positioned. Source:Cointelegraph
Strategy selling hundreds of millions worth of bitcoin raises question about its capital-allocation playbook
First, it was a tiny amount of bitcoin sales; then, the purchase of several thousand BTC; and finally, today, the unloading of thousands of BTC. What's…
Bitcoin price falls up to 4% on Strategy BTC sale as trader sees Summer 2022 repeat
Bitcoin wiped out much of its latest gains thanks to a market reaction to Strategy's 3,600 BTC selloff, but analysis eyed a potential buy announcement in the…