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btc
Bitcoin Recovers Above $20K as Short ETF Sees Record $51M in Weekly Inflows
Bitcoin (BTC) remains rangebound between the $18,000 and $21,000 levels as institutional traders pile on the ProShares Short Bitcoin Strategy ETF (BITI). Arca Portfolio Manager David Nage shares insights into BTC’s resilience amid macro headwinds and “carnage” in the crypto markets. Plus, what makes this crypto winter the first of its kind.
Bitcoin Bottom Could Be Seen at $13,000
According to Fundstrat analysis, BTC could start giving back recent gains seen since mid-June lows below $18,000, in parallel with U.S. stocks, and continue to do so into the second to third week of July before a larger intermediate-term low develops.
Bitcoin Holds Above $21K in Weekend Trading
Bitcoin (BTC) is slightly down after a steady weekend of trading around $21,000. 21Shares co-founder and CEO Hany Rashwan discusses his crypto markets outlook and why he expects to see continued correlation with the equities. Plus, the fallout from the Terra ETP fund.
Bitcoin Back Above $20K as Analysts Debate Buying the Dip
Gerber Kawasaki President & CEO Ross Gerber shares his bitcoin analysis and strategy as the cryptocurrency climbs back above $20,000. Is now the time to buy?
Chainalysis Exec on Leveraging Blockchain Transparency to Prevent Market Contagion
Chainalysis Director of Research Kimberly Grauer shares insights into her findings on bitcoin (BTC) prices, tech stocks and the DeFi ecosystem, and what they reveal about the need for transparency of blockchain data amid fears of crypto market contagion.
Bitcoin Could Go as Low as $14K: Bitfreedom
Bitcoin has a history of 80% drawdowns from all time highs as tracked by Bitfreedom Research, which says BTC could go as low as $14,000 this year if we repeat another 80% drawdown from bitcoin’s previous high of about $69,000 touched last November.
Michael Saylor Slams Altcoins, Urges Regulation Over Crypto’s ‘Parade of Horribles’
Microstrategy CEO and bitcoin (BTC) whale Michael Saylor is calling on regulators to tackle altcoins, or a “parade of horribles,” saying BTC is getting caught in the crossfire of a collapsing market and risky crypto industry practices. “The Hash” team reacts.
MicroStrategy Defended at BTIG; Saylor Not Expecting Imminent Margin Call
With bitcoin (BTC) prices falling, some question whether MicroStrategy (MSTR) may have to part with or pledge as collateral more of its 129,218 coin stack. "The Hash" discusses the outlook for MicroStrategy as CEO Michael Saylor told the Wall Street Journal, "we don’t expect to receive a margin call."
El Salvador Loses Half of BTC Investment as Market Plummets, Official Defends Country’s Bitcoin Strategy
El Salvador’s Finance Minister Alejandro Zelaya stated that bitcoin’s recent price plummet will only have an “extremely minimal” impact on the country’s economy. “The Hash” group discusses El Salvador’s financial relationships with institutions like the International Monetary Fund (IMF) and criticism the Latin American country may face for its pro-bitcoin policy.
Crypto Market Slumps; USDD Depegging Fears
Tron founder Justin Sun steps in as USDD stablecoin loses its dollar parity. Microstrategy shares plunge as bitcoin freefalls. Binance resumes withdrawals on Bitcoin network after a temporary pause. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”