Bitcoin exchange reserves reach new yearly low amid $60K price retest
Crypto analysts think that the declining Bitcoin supply on exchanges suggests “something is happening” that could support a bull market, provided demand “continues to grow.”
Crypto analysts think that the declining Bitcoin supply on exchanges suggests “something is happening” that could support a bull market, provided demand “continues to grow.”
Original source
Read on CointelegraphRelated market context
Crypto exchanges are opening a two-front war for the stock market
Binance, Kraken, Bybit, and Gemini are moving to add US stocks and ETFs to their crypto trading apps, making a direct play for the...
Major crypto exchanges cancel SpaceX IPO allocations, promising refunds
Elon Musk’s SpaceX completed its landmark IPO on the Nasdaq on Friday, but crypto users seeking tokenized exposure to the IPO were...
THE THIRD RUSH: Where is the “Bitcoin” of the Ai Goldrush?
After months of deep thinking & a lot of discussions with some very smart people, I’ve decided to write an article for the first t...
Bitcoin Mining Cost Model Points To $47,000 Floor, But Analysts Urge Caution
TL;DR Crypto Rover says Bitcoin has never bottomed below electrical production cost, currently estimated at $47,000. Mining-cost m...
Deribit Analysts Say Wall Street Has Reshaped Bitcoin Volatility And Liquidity
TL;DR Deribit Insights says Wall Street participation has changed Bitcoin’s market structure. The episode points to lower volatili...
CFTC Sues New Mexico to Block State Gaming Laws From Reaching Federally Regulated Prediction Markets
The Commodity Futures Trading Commission filed suit Thursday in federal court against New Mexico, seeking to prevent the state fro...