Bitcoin (BTC) sought to reclaim $65,000 as support into Wednesday’s Wall Street open as rumors swirled around US institutional pressure. Key points: Bitcoin bounces 2.5% as talk turns to alleged selling pressure from Wall Street trading company Jane Street. Jane Street rebuts claims of crypto market manipulation during the 2022 bear market. “Razor thin” order…
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Crypto bank Anchorage Digital said it holds Strategy’s perpetual preferred security STRC on its balance sheet, adding an institutional backer to Michael Saylor’s Bitcoin treasury company at a time when Wall Street traders are increasingly betting against it. In a Wednesday post on X, Anchorage co-founder and CEO Nathan McCauley said the purchase shows alignment…
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Flows into US spot Bitcoin exchange-traded funds turned positive Tuesday as the price of Bitcoin made a modest recovery to $65,000, snapping a run of daily redemptions. Spot Bitcoin (BTC) ETFs recorded $257.7 million in inflows, marking the largest daily total since early February, according to SoSoValue data. The gains more than offset Monday’s outflows…
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Bitcoin’s adoption by institutions, banks, merchants, public companies, and nation-states has boomed in 2025, despite the recent price drawdown, says the financial services company River. “There is no bear market in Bitcoin adoption,” River said in a report published on Tuesday, which noted that while Bitcoin (BTC) is down 50% from its all-time high, “adoption…
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Bitcoin’s (BTC) bleed slowed on Tuesday as US markets recovered from Monday’s AI and software-stocks-driven selloff. At the US market closing bell, the DOW locked in a 370-point gain, while the S&P 500 held on to a 0.77% rally. The swift recovery of US equities markets appears to have played a role in lifting negative…
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The European Securities and Markets Authority (ESMA), the financial markets regulator and supervisor in the European Union, issued a notice to remind entities to assess investment vehicles providing leverage exposure to cryptocurrencies. In a Tuesday notice, ESMA said that derivatives products, including those marketed as “perpetual futures or perpetual contracts” tied to cryptocurrencies like Bitcoin…
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Onchain data tracking Bitcoin’s (BTC) investor profitability has dropped back toward the long-term average, indicating a possible valuation reset. At the same time, crypto exchange order flow shows an easing of aggressive selling pressure, with the spot cumulative volume delta (CVD) rising marginally even as the spot trading volume dropped to $6 billion from $7.6…
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Binance CEO Richard Teng took to social media on Tuesday to attack what he called “inaccurate reporting” by the Wall Street Journal regarding investigators at the crypto exchange uncovering $1.7 billion in digital assets moving to Iranian entities. In a Tuesday X post, Teng said the report, published on Monday, contained “defamatory claims,” including a…
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BTC price targets stayed bearish with a zone of interest below $50,000 as macro assets saw increasing downside pressure at the Wall Street open. Bitcoin (BTC) fell toward $60,000 around Tuesday’s Wall Street open as traders issued fresh macro low targets. Key points: Bitcoin sees further pressure with traders lining up for $60,000 and lower.…
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Bitcoin price dropped 25% in 2022 and 50% in 2018 after similar on-chain loss signals, a warning sign for BTC’s next move. Bitcoin (BTC) traders are selling at a loss for the first time since 2022, raising odds that the biggest cryptocurrency’s ongoing price correction may deepen in the coming weeks. Key takeaways: Bitcoin is…
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