Bitcoin speculators repeat 2021 de-risking as exposure drops 21.6K BTC
BTC price action over the past month has had major consequences for Bitcoin investor dynamics. Go to Source
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Bitfarms postpones ‘special meeting’ over Riot’s board change demand
Bitfarms delayed its special shareholders’ meeting to address Riot’s demand for board changes, aiming for an informed decision. Go to Source
Bitcoin UTXOs In Profit Drop To Lowest Level Of The Year
The percentage of Bitcoin Unspent Transaction Outputs (UTXOs) in profit has plummeted to 68.5%, the lowest level observed this year. Historically, such a drop has preceded significant price surges; for example, a similar decline in 2023 was followed by a remarkable 273% increase in Bitcoin’s price. #Bitcoin UTXOs in Profit Drop to Lowest Level This … Read more
Bitcoin in ‘seasonal slog’ with slim chance of short-term price catalysts: NYDIG
“Potential upcoming near-term catalysts for Bitcoin are sparse at the moment,” says NYDIG head of research Greg Cipolaro. Go to Source
SEC Warns of Bitcoin and Ether ETF Risks — Labels BTC, ETH Highly Speculative Investments
The U.S. Securities and Exchange Commission (SEC) has issued a bulletin warning about the risks of bitcoin and ether exchange-traded funds (ETFs), highlighting their speculative nature. The regulator urged investors to consider potential issues like price volatility, fraud, and lack of regulatory oversight. SEC Warns Investors About Risks in Bitcoin and Ether ETPs The U.S. … Read more
Trump Victory Could Boost Bitcoin to $90K — Harris Win Might Sink BTC to $30K Level, Says Bernstein
Bitcoin may rise to $90,000 by the end of the year if former U.S. President Donald Trump wins the presidential election, according to brokerage and research firm Bernstein. The firm’s analysts believe that Trump’s pro-crypto stance and regulatory reforms could boost the cryptocurrency market while a Kamala Harris victory may cause bitcoin to fall below … Read more
Bitcoin traders celebrate ‘good news’ as BTC price trades above $56K
Bitcoin’s weekly close above a key support level is “good news” according to traders, and today’s rally to $56,500 could be a sign that the bottom is in. Go to Source
Trump-Harris Debate Expected to Drive Crypto Volatility, QCP Capital Says
QCP Capital notes that the highly anticipated debate between former President Donald Trump and current Vice President Kamala Harris may have a significant impact on the crypto market. Both figures, who are among the most polarizing in recent U.S. political history, are expected to influence price action in the days leading up to the debate. … Read more
Wealth advisers adopting BTC ETFs faster than any in history: Bitwise CIO
The CIO rebutted a more bearish take by investment researcher Jim Bianco, who noted that 85% of Bitcoin ETF uptake “is NOT from tradfi institutions.” Go to Source
Dormant Bitcoin Wallet From 2013 Springs to Life With $8M Transfer
On Monday, as bitcoin began bouncing back from its recent dip to $52,546 just three days earlier, a dormant bitcoin wallet suddenly sprang to life. For the first time since Nov. 20, 2013, the wallet moved 146.43 BTC, a stash now valued at just over $8 million. Old Bitcoin Wallet Transfers 146 BTC After Nearly … Read more
