CryptoQuant CEO sees $30,000 Bitcoin floor even if ETFs and treasury firms exit
Bitcoin could find support near $30,000 even if institutional investors unwind their accumulated exposure, CryptoQuant's chief executive argues. The scenario would require reversing roughly $58 billion in net inflows to...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin could find support near $30,000 even if institutional investors unwind their accumulated exposure, CryptoQuant's chief executive argues. The scenario would require reversing roughly $58 billion in net inflows to US spot Bitcoin exchange-traded funds (ETFs) and selling the 1.3 million BTC publicly traded companies have accumulated. Yet CryptoQuant CEO Ki Young Ju believes Bitcoin's…
Read the full story on CryptoSlate
Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Why this matters
Bitcoin is showing up inside the Institutional Adoption theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CryptoSlateRelated market context
Elon Musk’s Grok AI Predicts an Unbelievable BTC Price
Elon Musk’s Grok AI predicts an astonishing Bitcoin price by January 1, 2027. It forecasts a price range so extreme it would redef...
Ether ETFs Face Another $99.9M Outflow as Demand Stays Uneven
TL;DR: US spot Ether ETFs posted a $99.9 million net outflow on November 5, Farside data show, following an $85.3 million outflow...
US Treasury Sanctions Eight Canadian Firms and Moves to Sever MEXC From Dollar System as Binance Faces Hack Scrutiny
US Treasury sanctions eight Canadian money-service firms and moves to cut MEXC Global off from the US financial system over $16bn...
IREN’s Bitcoin Mining Revenue Falls as AI Cloud Sales Nearly Triple
TL;DR: IREN reported $200 million in quarterly AI Cloud revenue, up from $71 million the previous quarter, while Bitcoin mining re...
Bitcoin vs. Gold: Peter Schiff Highlights Strategy’s $75.5K Cost Basis and Missed 30% Return Target
The gold advocate used the development to question Michael Saylor’s six-year Bitcoin investment strategy, arguing that gold delive...
Claude AI Predicts and Backs Claver’s $10K XRP Price Prediction as Anthropic Faces Pompliano Backlash
Brad Garlinghouse wants XRP to become the institutional gold standard for crypto rails, while David Schwartz sees blockchain trans...