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Bitcoin’s recent decline is being driven by mid-cycle holders, not long-term whales, according to new on-chain research from VanEck analysts. The firm noted in a recent report that long-term holders continue to accumulate while short-term futures markets show deeply oversold conditions following tariff-driven liquidations. Despite widespread speculation that early Bitcoin whales triggered the selloff, on-chain data shows that coins held for five years or more continue to rise. These older cohorts increased their holdings by roughly 278,000 BTC over the past two years, signaling limited turnover among wallets with the longest histories. In contrast, supply among wallets that last moved…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As retail sentiment reaches its lowest level in months, institutional players have continued to show interest in the crypto industry, regardless of the market’s performance, signaling long-term confidence in the sector with their expansion to multiple blockchains, such as the BNB Chain and Ethereum. Institutions Show Confidence As Crypto Market Struggles On Wednesday, the BNB Chain unveiled a new milestone for its Real-World Asset (RWA) ecosystem, which has been driven by the ongoing institutional demand despite the market’s ongoing correction. The crypto market has reportedly wiped out…
XRP is under renewed pressure as the broader market downturn drags its profitability metrics back to levels last seen during Donald Trump’s November 2024 re-election.Glassnode data shows that only 58.5% of XRP’s circulating supply is now in profit. That is the weakest reading since late November 2024, when the token hovered around $0.53.Even at today’s price of roughly $2.15, about 41.5% of all circulating XRP, equating to nearly 26.5 billion tokens, sits at a realized loss.XRP’s Supply in Profit (Source: Glassnode)According to the firm, the imbalance reflects how much of this year’s trading volume clustered near elevated price zones. That…
In brief The U.S. Treasury has placed sanctions on “drug kingpin” Ryan James Wedding, nine of his associates, and nine entities linked to him. Wedding is a former Canadian Olympic snowboarder who FBI Director Kash Patel says is now “the modern-day iteration of Pablo Escobar.” The ex-Olympian’s crime gang is believed to be a transnational cocaine empire, with Wedding allegedly ordering “dozens” of murders. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on Wednesday placed sanctions on “drug kingpin” Ryan James Wedding, nine of his associates, and nine entities linked to him.The Federal Bureau of Investigation…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to industry voices, the US is likely to hold off buying Bitcoin until others move first. That view came from crypto entrepreneur Mike Alfred, who said the government will step in only “when there is enough pressure externally.” His comment frames Washington’s approach as reactive rather than leading. The timing remains unclear. Governments Watching Each Other According to Alfred, a wider trend could follow if prices climb. He told listeners he expects Bitcoin to reach $1 million by 2033, and he argued that most countries will…
In brief New Hampshire’s Business Finance Authority has introduced a conduit bond that will allow firms and nonprofits to borrow against their Bitcoin holdings. The bond requires 160% overcollateralization and will result in liquidation if the value of Bitcoin falls below 130% of the value of the bond. Experts suggest that it could lead to other states following suit, amid growing interest in strategic crypto reserves. New Hampshire’s Business Finance Authority (BFA) has announced a municipal bond that provides firms with the ability to borrow against Bitcoin holdings.Worth $100 million, the new conduit bond is a first of its kind…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure An unexpected question has arisen for Binance founder Changpeng Zhao, also known as “CZ,” regarding whether the US government might return Binance’s $4.3 billion settlement following his presidential pardon. The question received an immediate response from CZ, whose reply caught the attention of the broader crypto community, adding yet another layer of intrigue to the widely discussed situation. Will The US Government Refund Binance’s $4.3 Billion Settlement? Anndy Lian, a business strategist in Asia, posed a direct question to CZ in an X social media post on…
Bitcoin is quietly walking its way down the liquidity staircase, and the next solid step sits around $85,000.That number is not coming from a Fibonacci retracement, a moving average crossover, or any other technical analysis ‘gold standard.’It comes from my simple grid of horizontal bands, grounded in factors that actually move markets: order-book depth, leverage positioning, psychological interest points, and historical price movements over an 18-month window.Basically, these are the prices at which traders place their stop-loss and take-profit markers.On a 30-minute chart, those bands form thick channels, and over the past year, Bitcoin has treated them like rungs on a…
In brief IBIT has shed $1.4 billion across five trading days—the highest total for any consecutive-day stretch in its 22-month history. IBIT manages more than $73 billion in assets, the most of any of the spot Bitcoin ETF. The fund did not record outflows for nearly the first four months of its history. BlackRock’s iShares Bitcoin Trust (IBIT) shed a single-day record of $523 million in investments on Tuesday, extending a five-day streak of outflows that has dovetailed with the decline of its underlying asset.The exchange-traded fund has hemorrhaged more than $1.4 billion in assets since last Thursday, according to…
Crypto markets are retreating more today as the Bitcoin price hovered near a seven-month low, with leading crypto stocks seeing notable declines. Bitcoin price is currently trading at $89,090, down 4% over the past 24 hours, with a 24-hour trading volume of $71 billion. The cryptocurrency is 4% below its seven-day high of $93,662 and roughly flat from its seven-day low of $88,800, according to Bitcoin Magazine Pro data. With a circulating supply of 19.95 million BTC out of a maximum 21 million, Bitcoin’s market capitalization stands at $1.78 trillion. Coinbase Global dropped 4.9%, Bitfarms fell 7.5%, Strategy slipped 10.3%,…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Michael Saylor’s Bitcoin strategy has been in focus since the recent BTC crash. There have been speculations of what could happen to Saylor’s company, Strategy (MSTR), and its BTC holdings if the flagship crypto continues to crash. Schiff Predicts Bankruptcy For Saylor’s Strategy Amid Bitcoin Crash In an X post, renowned economist Peter Schiff stated that Strategy’s entire business model is a fraud. He went on to challenge Saylor to debate this proposition with him. He added that regardless of what happens to Bitcoin, he believes that…