Institutional adoption of Bitcoin ETFs surges 27% in Q2
Increasing institutional ETF adoption could bolster Bitcoin price to new all-time highs. Go to Source
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Bitcoin funding rates hit YTD lows, bearish trend looms: CryptoQuant
Bitcoin funding rates on Binance turn negative, reflecting a surge in short positions as institutional interest wanes. Go to Source
World’s 3rd largest public pension fund buys $34M MicroStrategy shares
South Korea’s public pension fund has just upped its crypto exposure further, buying tens of thousands of shares in MicroStrategy. Go to Source
Key Bitcoin bull signal flashes for first time in nearly 2 years, hinting at 2x price surge
Bitcoin price could increase by over two-fold based on a key bull signal historically correlated with price rallies. Go to Source
US gov’t $590M Silk Road Bitcoin transfer to Coinbase unlikely to be sold: Analyst
The government could also be looking to custody or trade the Bitcoin, based on a recent partnership with Coinbase Prime. Go to Source
Bitcoin sell pressure may break $56K support as options expiry looms
The Bitcoin price could experience significant downside volatility unless it manages to recover above $60,000 before the options expire on Aug. 16. Go to Source
Iran is giving $24 to anyone who dobs in illegal crypto miners
The boss of Iran’s state-run electricity company said some had exploited subsidized electricity to run crypto mining operations, straining the power grid. Go to Source
Bitcoin Market Sees Return To Accumulation Amid Largest Downtrend Of The Cycle
As Bitcoin undergoes its steepest downtrend of the current cycle, investor sentiment remains notably uncertain. Despite this surface-level indecision, there are clear signs of a renewed focus on HODLing and accumulation within the market. With the market currently digesting the largest #Bitcoin downtrend of the cycle, indecision amongst digital asset investors remains apparent. However, below … Read more
Marathon Digital buys $249M Bitcoin, reserves reach 25K BTC
Marathon’s latest 4,144 Bitcoin buy comes as boss Fred Thiel last month said it was adopting a “hodl strategy” for the cryptocurrency. Go to Source
Massive $593.5M Bitcoin Move: US Government Shifts Silk Road Stash to Coinbase Prime
A transaction unearthed by Arkham Intelligence revealed that bitcoins linked to the Silk Road have been moved to Coinbase Prime. “10K Silk Road BTC ($593.5M) moved to Coinbase Prime,” Arkham posted on X. The firm further explained, “Wallet bc1ql received 10K BTC from a known US Government wallet 2 weeks ago. This BTC has just … Read more