Bitcoin

CryptoQuant analysts put Bitcoin's possible bottom at $53,600 CryptoQuant analysts say Bitcoin could bottom near $53,600, a level traders are likely to watch closely. That figure is the current "realized price," meaning the average price at which existing BTC was acquire ...

June 9 daily crypto news digest: Iran strikes, hacks, and more rules Tuesday, June 9, was messy. The US reportedly began strikes on Iran, which gave Bitcoin's "safe haven" story a real test outside the usual chart-room arguing. Add the June 12 SpaceX IPO headline, three named protocol ha ...

Grayscale: Bitcoin Looks Undervalued as ETFs Cushion the Downside Grayscale analysts say Bitcoin (BTC) is trading below fair value. I would be careful with that. This is not a clean "buy the dip" message, and treating it like one misses the point. The argument is narrower: some on-chain ...

Michael Saylor: Bitcoin Offers Hope, Economic Opportunity for All Michael Saylor says Bitcoin offers hope and economic opportunity to everyone. That is still the line he circles back to. Saylor, one of Bitcoin's most visible corporate backers, recently repeated his view ...

Bitcoin whales buy the dip as exchange data points to accumulation Bitcoin whales look like they bought the pullback. CryptoQuant reported a jump in whale activity near the recent local bottom around $60,000 to $61,000, and the Exchange Whale Ratio reached 61.6%. Translation: large hold ...

Crypto ETF Daily Flows Show $77.44M Outflow as Traders Pull Back Crypto ETF daily flows track how much money moved into or out of crypto exchange traded funds over 24 hours. Yesterday's number was -$77,440,000. Big enough to matter. Most of it came from one large redemp ...

Saylor's $12.4 billion Bitcoin loss puts BTC under a macro stress test Michael Saylor's paper loss on Bitcoin has passed $12,400,000,000. Sit with that for a second. That is not the kind of number people can hand-wave away with a clean little "long-term conviction" quote. His position is ...

Michael Saylor's Bitcoin ideologies: a map of how BTC people think Michael Saylor, the Bitcoin maximalist and MicroStrategy co-founder, recently described four kinds of BTC holders. I think the split is useful, but too clean. Bitcoin buyers are not one crowd with one motive. Some want h ...

Tether CEO Paolo Ardoino Sees Bitcoin Market Cap Overtaking Gold Paolo Ardoino, CEO of Tether, thinks Bitcoin's market cap could eventually pass gold's. Big claim. I’ll be honest: I usually discount this kind of line from crypto executives, because the market has heard it for years. Ardo ...

Unrealized Losses Pile Up for Crypto Companies Holding BTC, ETH, SOL Unrealized losses are what a company would lose if it sold an asset today for less than it paid. That sounds dry. It is not. A recent wire report puts several crypto-heavy balance sheets deep in the re ...