Public companies purchased substantially more Bitcoin (BTC) during the first quarter of 2025 than we had previously thought, as they added 91,781 BTC in total to their balance sheets. Nevertheless, the price of Bitcoin fell quite a bit in this same timeframe, dropping from $94.4K to $82.5K (down 12% in our first look at this Q1 2025 event). Despite my (very) best efforts to find some positive developments in the public company purchasing trend, I just couldn’t do it or see what was in front of me. Who’s Buying Bitcoin in Q1 2025? Despite the overall trend of corporate Bitcoin
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]]>The landscape of Bitcoin exchange-traded funds (ETFs) is at a critical juncture in 2025. After a promising start to the year, the Bitcoin ETF market is now seeing a reversal in ETF inflows, which could signal a shift in the dynamics of institutional investments in Bitcoin. A sharp drop in inflows from several leading ETF providers has led some to question whether the Bitcoin ETF can survive in this new market climate. ETF Inflows Reverse After Strong 2024 The full year of 2024 was marked by significant developments for Bitcoin exchange-traded funds (ETFs). Following the approval of several Bitcoin ETFs
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]]>The cryptocurrency market received a significant development last week when the U.S. Securities and Exchange Commission (SEC) made a decision about Grayscale’s Cardano ($ADA) Exchange-Traded Fund (ETF) proposal. The SEC opted not to make a decision about whether to approve, deny, or seek further proceedings on the ETF, and instead extended its review period by an additional 45 days. The new decision date—now probably a good indicator of when the SEC makes a lot of big decisions—has been set for May 29, 2025. The Extended Review Timeline and Key Dates Grayscale, a leading digital asset management company, initially submitted its
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]]>On-chain activity in Bitcoin is at its highest since December 2024, as measured by the number of active addresses. And this is making many in the crypto community sit up and take notice, because when you get right down to it, active addresses are probably the best on-chain metric for trying to gauge what might happen next with the market. “Historically, spikes in active addresses have preceded (and often accompanied) significant price movement in both directions,” Vetle Lunde, an analyst at Arcane Research, told Decrypt. In a research note released earlier this week, Arcane said active addresses on the Bitcoin
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]]>Bitcoin ($BTC) has not been in oversold territory since August 2024. Historically, this has been a setup for some big moves. At least back in August, when Bitcoin was in similar oversold territory, it surged by an impressive 33%. With this latest dip, some are wondering if we’re going to see the same outcome this time as well, or if the current environment is just too set against Bitcoin to allow for that kind of rally. Key Market Indicators Show Significant Shifts The way large holders behave is highly correlated with Bitcoin’s performance. We don’t know for sure why the
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]]>The world’s foremost cryptocurrency, Bitcoin, recently saw its price drop under the $90,000 mark, causing a ripple of investor anxiety. IntoTheBlock’s data reveal that the dip has resulted in 12% of Bitcoin addresses now registering unrealized losses—an all-time high since October 2024. The market’s volatile character has made both short- and long-term holders a lot more judicious, with appearances of key support levels now being threatened. A Whale Awakens: Massive Deposit Raises Questions Bitcoin’s steady fluctuations morphed into something more enticing when a whale—one of the relatively few big holders of Bitcoin—swam into view. This particular whale hadn’t been heard
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]]>In a significant development that has drawn the eyes of both the crypto and traditional investment worlds, Grayscale has filed with the U.S. Securities and Exchange Commission for a new kind of investment product: a spot exchange-traded fund, or ETF, that would hold Cardano as a primary asset. With the ETF application, Grayscale now has 17 investment vehicle applications with the SEC, nine of which are for Bitcoin-related ETFs. Should it receive approval, this could pave the way for more conventional investors to access Cardano—offering a regulated entry point into the burgeoning decentralized finance (DeFi) sector. We break down the
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]]>Two months post its official launch, Ripple’s stablecoin, $RLUSD, has achieved a considerable high, now boasting a total supply of $120 million. Ripple’s recently introduced regulated stablecoin is designed to bring stability and efficiency to the electronic asset space, particularly when it comes to the often unpredictable path of digital currencies. In the meantime, the “Future” part of “Future Ripple” appears to be working quite well. Early Success and Growing Popularity In the initial post-launch period, $RLUSD experienced substantial adoption, especially on the Ethereum network. The well-established ecosystem of Ethereum offered a nearly perfect launching pad for the stablecoin to
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]]>Recently, Ethereum’s market dynamics have shifted significantly, with one crucial aspect being the steep drop in exchange reserves. Current reports indicate the reserves are at the lowest they’ve been since 2016. This clear movement of Ethereum away from exchanges and into long-term storage follows a pronounced trend. At the same time, on-chain activity keeps getting better and better. More and more, we’re seeing “efficient” on-chain activity, and a gas fee reduction just makes that situation better. “Longer-term holders” now seem to be more the rule than the exception when it comes to Ethereum. And all that seems to leave the
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]]>The cryptocurrency market is abuzz with developments related to Bitcoin, which several analysts believe may be setting up for a significant price spike in the near future. Key Bitcoin metrics that are showing potentially bullish trends include the following: Bitcoin exchange reserves hitting multi-year lows; more and more Bitcoin being moved to cold storage; an increasing number of Bitcoin investors appearing to hold the asset for the long term; and a Bitcoin supply that is now in such shrinks that any significant demand surge could force the price upward. Declining Bitcoin Exchange Reserves Could Lead to Price Surge A noticeable
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