The system is broken, stated the Kobeissi Letter, as the US stock market experienced a decline alongside cryptocurrency following the release of the robust jobs report. Attention was focused on the US jobs report released on Friday, revealing that the US economy added 162,000 jobs in August, significantly surpassing expectations of approximately 55,000-58,000. The unemployment … Read more
Ki Young Ju believes that institutional capital and exchange-traded funds outside of the US may be responsible for the peak of the current bull cycle in bitcoin. He presented the forecast in an Aug. 27 post on X, identifying international market access as a potential source of demand following the broadening of regulated exposure facilitated … Read more
Bitcoin Policy UK has criticised British banks for imposing broad restrictions on legitimate bitcoin activities. The organization stated in an announcement on Friday that it had provided evidence to the parliamentary inquiry of the Crypto and Digital Assets APPG regarding banking access, indicating that there have been no advancements in the treatment of bitcoin activity … Read more
Last week, Bitcoin saw its most remarkable weekly increase in three years, rising from less than $65,000 to nearly $80,000 in less than 48 hours. Such explosive moves are typically followed by a sharp retracement as investors tend to secure profits, particularly after extended periods of sideways activity devoid of significant gains. BTC has indeed … Read more
Bitcoin exchange-traded funds have attracted more than $1 billion in new investments in the last three days, contributing to the surge of the leading cryptocurrency to almost $73,000. On Wednesday, investors acquired more than $500 million in shares from the funds overseen by BlackRock, Fidelity, and Greyscale, as reported. Bitcoin’s price has surged this week, … Read more
Daily liquidations of Bitcoin positions experienced a significant increase following the leading digital asset’s approach to the $70,000 mark. In the last 24 hours, traders have closed positions exceeding $1.7 billion while shorting the largest cryptocurrency, as indicated by the data. And the vast majority — $1.5 billion — of those positions were liquidated in … Read more
Spot Bitcoin exchange-traded funds experienced their most significant outflows last week since the conclusion of June, marking a reversal of the robust performance observed at the beginning of August. The 13 US-listed funds experienced a net outflow of $389.7 million during the week of August 10, following an inflow of $853.5 million in the preceding … Read more
Bitcoin remains ensnared in a low-momentum environment, with price action increasingly defined by erratic consolidation rather than a clear directional shift. The absence of liquidity and volume persists in constraining follow-through, while the existing structure allows for the possibility of another liquidity-driven movement prior to the emergence of a more robust trend. On the daily … Read more
Since bitcoin began its rapid and consistent decline in value during the fourth quarter of last year, the predominant inquiry among the cryptocurrency community has been the extent of its potential decrease. The subsequent inquiry pertains to the timing and location of the eventual bottoming out. Analysts initiated speculation following each decline. Initially, the price … Read more
While Riot, Hut 8, and Core Scientific have demonstrated robust gains, Bitdeer, Argo, and Canaan have experienced declines of 20%, 24%, and 71% year-to-date. Bitcoin mining stocks have experienced significant momentum in 2026, with Riot Platforms, Hut 8, Bitfarms, and Core Scientific achieving some of the largest year-to-date gains, as indicated by a chart shared … Read more
