Bitcoin

Michael Saylor: US Market Closed, Bitcoin Keeps Building Michael Saylor pointed out that the US stock market is closed today for a holiday. Bitcoin is not. That is the whole tension. Stocks obey the NYSE calendar. Bitcoin keeps trading, for better and worse, and anyone holding BTC has t ...

PancakeSwap exploit: DIP/USDC pair drained for $111,000 A bug in the Buy the DIP (DIP) token contract led to a $111,000 exploit on PancakeSwap's DIP/USDC pool, according to SlowMist. The pool trusted token balances that were wrong. The attacker used that mismatch to pull out USDC. My ta ...

Fed meeting expectations on Twitter point to crypto volatility "Twitter (X) sentiment around upcoming Fed meetings often shows where traders are nervous before the real move happens." The mood on Twitter (X) before the Fed meeting is sour. Not catastrophic, just tense. ...

Musk's Wealth Tops Bitcoin Market Cap: A Macro Flow Reality Check Elon Musk's personal fortune is now reportedly larger than Bitcoin's entire market value, which is a strange and slightly awkward comparison for crypto people. I’ll be honest: it lands because it feels in ...

Bitcoin's 200-week MA: an old buy signal shows up again A post on Twitter (X) is making a familiar point for Bitcoin traders: when BTC gets close to the bitcoin 200-week moving average (MA), it is usually worth paying attention. My take: the line is not sacred, but igno ...

Crypto market summer consolidation outlook: macro help, institutional drag Crypto looks pinned down for the summer. Macro data improved, oil fell, stocks rallied, and Bitcoin still barely moved. That is the awkward bit. US inflation landed around expectations, and the U ...

Russian Supreme Court crypto theft ruling: a regulation test Russia's Supreme Court has classified cryptocurrency, digital rights, and the digital ruble as property that can be stolen. Anyone who has watched a wallet drain already knows this is not theoretical. My take: ...

Japan Central Bank Rate Hike: Bitcoin Defies Macro Gravity A Japan central bank rate hike would normally hit risk assets. Bitcoin shrugged it off. The Bank of Japan (BOJ) raised its key interest rate from 0.75% to 1.0%, the highest level since 1995. That headline should ...

Bitcoin Looks Cheap Next to AI Stocks, Bitwise Says Bitcoin looks cheap compared with AI stocks, Bitwise says. My take: that is the whole story, not a side note. If the AI trade cools off, some of that money could spill into BTC. That is the bet. Bitwise is using the Mayer Multiple, whic ...

Bitcoin price target: $100k by September? Double-bottom theory gets traders talking A chart idea spreading through crypto circles says Bitcoin could move past $100,000 by September or October, based on a "double bottom" pattern. Big claim. My take: the chart is interesting, but the head ...