Bitcoin’s early July bounce rides thin summer liquidity as half of supply still sits underwater: analysts
BTC traded around $63,500 after a six-day rally as Wintermute and Bitfinex flagged weak ETF demand, while K33 said 50% of supply is at a loss.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
BTC traded around $63,500 after a six-day rally as Wintermute and Bitfinex flagged weak ETF demand, while K33 said 50% of supply is at a loss.
Why this matters
Bitcoin is showing up inside the Market Structure theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on The BlockRelated market context
Coinbase Pro Returns With Deribit, Unlocking $30B Bitcoin Options Liquidity
Key Takeaways: Coinbase Pro returns with Spot, Futures, Perpetuals, Options, and Equities by the end of the year. Deribit is upgra...
Why Abstract is killing its Ethereum L2 instead of launching a token to save it
Abstract will shut down on Dec. 15 despite onboarding more than 400,000 users, hosting 144 apps, and landing brands including Disn...
Sam Altman ChatGPT AI Predicts XRP Could Hit an Unbelievable Price by 2027
OpenAI’s ChatGPT AI predicts that if a monumental event lands for Ripple, XRP could surge to $50 or more. In this wildly bullish p...
Winklevoss Zcash ETF Filing Brings Privacy Coin Exposure To Nasdaq
TL;DR: Winklevoss Asset Services has filed an S-1 with the SEC for the Winklevoss Zcash ETF, a proposed Nasdaq-listed product desi...
Wells Fargo in talks with Kraken parent Payward for crypto trading liquidity
The discussions would see Payward supply liquidity for crypto trading as major banks deepen their involvement in digital assets.
Open USD supply on Ethereum tops $100M in its first week
OUSD's rapid growth on Ethereum highlights institutional influence in stablecoin markets, raising concerns about liquidity concent...