Binance announced it would convert its $1 billion SAFU fund from stablecoins to Bitcoin reserves inside 30 days, responding to mounting group criticism that intensified after distinguished Wall Street investor Cathie Wood publicly attributed current market weak spot to a Binance-related deleveraging occasion. The alternate pledged to keep the fund’s worth at $1 billion by…
Arthur Hayes says Bitcoin’s latest pullback is much less about crypto-specific weak spot and extra a couple of sharp contraction in greenback liquidity rippling by means of international markets. Key Takeaways: Arthur Hayes hyperlinks Bitcoin’s pullback to a $300B contraction in U.S. greenback liquidity quite than crypto-specific elements. The USDLIQ index has fallen practically 7%…
Gold continues to surge to new highs whereas Bitcoin struggles to reclaim greater worth ranges, reinforcing a rising divergence throughout international markets. According to a current CryptoQuant report, the present funding panorama has develop into a story of two worlds. On one facet, treasured metals and US equities are attracting constant inflows as buyers search…
Bitcoin’s worth relative to gold has slipped near ranges final seen practically a decade in the past, reigniting debate over the cryptocurrency’s long-term efficiency as a retailer of worth. Key Takeaways: Bitcoin’s worth towards gold has fallen close to 2017 ranges, reviving doubts about its position as a long-term retailer of worth. Peter Schiff says…
Bitcoin is struggling to regain the $88,000 degree as market uncertainty persists and valuable metals proceed to rally aggressively. Gold’s energy has reignited a well-recognized narrative: that capital is leaving Bitcoin to finance the transfer into conventional protected havens. However, a latest report by CryptoQuant challenges this assumption, suggesting that the present market dynamics are…
CryptoQuant CEO Ki Young Ju revived the “Bitcoin equals power” thesis on Wednesday, arguing that proof-of-work is turning into the settlement layer for an AI-driven financial system the place energy, not narratives, is the binding constraint. In a submit on X, Ju framed Bitcoin as a digital instrument that may worth power with precision in…
Michael Saylor’s Strategy has reignited a long-running Bitcoin custody debate after co-founder and CTO of Casa Jameson Lopp challenged whether or not the agency can know its holdings aren’t being rehypothecated by third events. Saylor’s blunt response — “We purchase actual bitcoin. We don’t rehypothecate.” — rapidly changed into a broader argument about what “proof”…
A report from on-chain analytics agency Glassnode has highlighted how transitions into robust upside phases have traditionally required liquidity to carry above a key threshold. Bitcoin Rally Could Require Realized Profit/Loss Ratio To Rise Above 5 In its newest weekly report, Glassnode has talked about liquidity circumstances current on the Bitcoin community because the asset’s…
Despite a short bounce, the price of Bitcoin remains to be under the pivotal $90,000 mark, which has turn into a big resistance recently, capping upside makes an attempt. With latest alerts from two key indicators, the slight rise by the flagship asset may be the start of one other main rally. Key Bitcoin Indicators…
Bitcoin is approaching a traditionally vital assist zone close to $62,000, as a long-tracked reserve-cost indicator tied to Binance indicators that BTC might see extra ache forward. The $62k reserve value degree has not been examined for the reason that approval of U.S. spot Bitcoin ETFs in January 2024, elevating contemporary questions over whether or…