Bitcoin supply in loss overtakes profit, a hallmark of bear-market bottoms
The amount of bitcoin BTC$63,729.63 supply in loss reached a key bear-market threshold, surpassing 10 million BTC, more than half of the total in circulation....
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Bitcoin falls to lowest Power Law valuation zone since FTX collapse
After briefly falling below $66,000 on Wednesday, bitcoin BTC$66,924.57 is trading near the bottom of the Power Law corridor, a level that has historically come...
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IREN stock news: shares gain on new AI data center
IREN (IREN) shares rose more than 4% in pre-market trading on Wednesday after the company announced plans for an 800-megawatt data center campus in South...
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Low bitcoin-software correlation suggests a major move may be approaching
Bitcoin BTC$71,093.91 and software stocks moved almost in lockstep for much of the past five years, with BTC treated as a high-beta technology asset. The...
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Strategy keeps STRC payout unchanged amid push to maintain $100 share price
Disclosure: The author of this story owns shares in Strategy (MSTR). Strategy, the world’s largest publicly traded corporate holder of bitcoin BTC$71,079.34, has maintained the...
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Michael Saylor backs STRC after strategy sells bitcoin to fund preferred dividends
Disclosure: The author of this story owns shares in Strategy (MSTR). Strategy (MSTR) Executive Chairman Michael Saylor appeared to underscore the company’s focus on its...
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Trace Mayer says bitcoin’s (BTC) falling volatility signals institutional maturity, not weakness
Bitcoin’s BTC$73,816.29 trademark volatility was for years treated as both its greatest feature and its biggest flaw. Recently, that roller coaster has quieted into something...
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Bitcoin ETFs suffer record nine-day outflow streak as $2.8 billion exits funds
U.S. spot bitcoin ETFs have now recorded nine consecutive trading days of net outflows, marking the longest withdrawal streak since the products listed in January...
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STRC slips below par as Strategy’s (MSTR) cash reserves face growing scrutiny
Strategy’s perpetual preferred security, Stretch (STRC), fell as low as $97.11 on Thursday as bitcoin BTC$73,675.03 slipped to the $73,000 mark. STRC tends to face...
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Bitcoin price analysis: BTC left to drift as hot money chases other assets
The crypto sector remains deeply out of favor, not only from a price perspective, but also in terms of investor sentiment. Capital flows and market...
