Advertisement     Bitcoin markets are digesting another massive sell-off from a long-dormant holder, causing debate over whether large-scale distribution could weigh on near-term price action. On-chain data from Lookonchain shows that an OG Bitcoin holder who received 5,000 BTC 12 years ago has sold an additional 500 BTC, worth about $47.77 million. The…
Advertisement     Over 60% of the top 25 American banks are now offering Bitcoin services to their clients, investment company River tweeted earlier today. The largest cryptocurrency by market capitalization is facing increasing demand over time, especially from large institutional/individual players who were previously skeptical of entering the volatile market. River tweeted: Image…
Advertisement     Investors withdrew capital from U.S. spot Bitcoin exchange-traded funds on Friday, marking the fifth successive trading day of outflows amid intensified macroeconomic and geopolitical uncertainty. This clearly indicates that institutional appetite for BTC has waned, leaving the market in a fragile state. $1.72 Billion Exits BTC ETFs The 11 spot Bitcoin…
Advertisement     Institutional investors have continued to allocate capital to U.S.-listed spot Bitcoin exchange-traded funds (ETFs), prioritizing the top asset even as broader crypto market sentiment remains fragile. Spot Bitcoin ETFs pulled in net inflows of over one billion last week, marking the largest tally in three months. BTC ETFs Just Had Their…
Advertisement     British multinational bank and wealth management firm Standard Chartered has dramatically slashed its multi-year price targets for Ether for 2026 through 2028 due to broader weakness across digital assets. However, Standard Chartered still expects Ether to outshine Bitcoin, hitting $40,000 by 2030. Standard Chartered Trims Medium-Term ETH Outlook Standard Chartered has…
Advertisement     The recent U.S. military intervention in Venezuela has reintroduced geopolitical risk into global markets, prompting scrutiny of Bitcoin’s behavior during periods of international tension. While price action often captures immediate attention, on-chain data provides a more reliable lens into actual investor behavior during these episodes. According to on-chain analysis, the most…
Advertisement     On CNBC’s Halftime Report, Joe Terranova, Senior Managing Director at Virtus Investment Partners, noted that the crypto market’s recent ups and downs are driven by profit-taking from year-end positions, not a traditional Santa rally, signaling caution for investors expecting a sustained bullish surge. Terranova observed that investors entered December with excessive…
Advertisement     U.S. spot Bitcoin exchange-traded funds recorded $355 million in net inflows Tuesday, breaking a brutal seven-day stretch that saw investors yank $1.12 billion from the products. The healthy inflows highlight the market’s returning optimism even as spot prices remained under pressure. BTC ETFs Snap Out Of Outflow Funk The major contributors…
Advertisement     Bitcoin may be setting up for a deeper corrective phase, as João Wesson warns that a retest of the 2021 peak near $69,000 is still on the table. The view is grounded in a historical dominance metric that tracks how many days in Bitcoin’s history saw prices higher than current levels….
Advertisement     Bitcoin (BTC) has had a muted Christmas, slipping below the key psychological level of $90,000 and cooling year-end optimism across the crypto market. According to market analyst Ali Martinez, Bitcoin is consolidating around the mid-$88,000 range, signaling rising market indecision. This sideways price action points to a clear “wait-and-see” phase, where…