Recent data shows the Coinbase Premium Index has finally clawed its way out of a long streak of discounts since the end of October, and it’s now lounging comfortably in positive territory. Meanwhile, bitcoin prices in South Korea are still riding high, holding their own in premium territory too. Coinbase and Korea Premiums Glow Amid […] Original
A volatile first week of December left bitcoin and ether ETFs in net outflows, while solana and XRP funds bucked the trend with steady gains. Fund-by-fund flows revealed sharp divergences across issuers, with several products enduring heavy single-day swings. Bitcoin and Ether ETFs End Week in the Red as Solana and XRP Shine The first […] Original
Bitcoin’s latest market antics are giving traders whiplash — and maybe a touch of hope. After tumbling from the lofty perch above six-figures to $80,537, it’s clawed its way back toward $92,000, staging a short-term rebound that looks a little too good to be ignored. But don’t be fooled: while the lower timeframes flirt with […] Original
Bloomberg’s Eric Balchunas rebuts Bitcoin–tulip comparisons, citing 17 years of recoveries, ETF demand, and halving-driven scarcity as proof of lasting asset value. Summary Eric Balchunas notes Bitcoin is still up roughly 250% in three years and 122% in 2024, despite a 27% pullback from October highs. He argues non-productive assets like Bitcoin, gold, art, and rare stamps hold value via scarcity and demand, unlike tulips’ short-lived 1630s bubble. Halving-driven supply cuts, ETF accumulation, and on-chain holding data suggest corrections are normal consolidation, not a systemic collapse. Bloomberg ETF analyst Eric…
Summary Bitcoin trades in a tight $91k–$92k band with market cap near $1.8 trillion and dominance around 58–60%. Price sits above the 200-day moving average but struggles to clear the $100k–$120k resistance zone as momentum indicators flatten. High open interest and positive funding show crowded leveraged longs, increasing liquidation risk if spot reverses. Bitcoin (BTC) traded little changed around 91,500–92,000 dollars on Monday, with spot prices hovering near the upper end of their recent range and keeping the network’s market value close to 1.8 trillion dollars. The move left the…
Harvard hiked its Bitcoin ETF stake 257% in Q3 2024, making iShares Bitcoin Trust its top disclosed holding, even as BTC slid and critics questioned the move. Summary Harvard lifted its Bitcoin ETF position 257% in Q3, with IBIT now about 0.75% of the endowment and held at roughly twice the size of its gold ETF stake. The move drew fire from academics and columnists over Bitcoin’s volatility, lack of yield, limited payment use and heavy energy footprint. Market analysts say Harvard’s bet comes as BTC ETFs see outflows, many…
Bitcoin sits on a key 0.382 Fib support as traders eye the Fed, soft ETF flows and rising on-chain “liveliness,” leaving price vulnerable but primed for a relief bounce. Summary Bitcoin trades at a critical 0.382 Fibonacci support, with a breakdown risking a retest of April lows and higher timeframe structure damage. Fed meeting, jobs and inflation data, plus weak ETF inflows and low volumes, keep upside limited while volatility compression skews near-term risk lower. On-chain “liveliness” and Bitfinex’s seller-exhaustion signal suggest long-term holders are re-engaging, creating conditions for stabilization…
EMJ Capital’s Eric Jackson sees Bitcoin evolving from digital gold to neutral global collateral, implying a radical $50M per coin valuation by 2041. Summary EMJ Capital’s Eric Jackson projects Bitcoin could reach $50M per coin by 2041. His thesis: Bitcoin shifts from “digital gold” to neutral global collateral for sovereign debt. He argues replacing the Eurodollar-based collateral layer would require Bitcoin’s value to rise by orders of magnitude. EMJ Capital CEO Eric Jackson has projected that bitcoin could reach $50 million per coin by 2041, according to a recent interview,…
Bitcoin’s projected climb gained fresh momentum as Ripple CEO Brad Garlinghouse and Binance CEO Richard Teng voiced bullish long-term expectations, reinforcing broad confidence that the asset could push higher amid strengthening market structure and growing institutional participation. Industry Leaders Share Bullish Bitcoin Targets Bitcoin’s long-term momentum continues to draw bullish outlooks from major industry leaders […] Original
Bitcoin exchange-traded funds (ETFs) snapped back into positive territory with healthy inflows, while ether ETFs logged another day of red. Solana and XRP maintained momentum with steady entries, signaling that investor appetite is shifting more broadly across the crypto ETF landscape. BTC ETFs Turn Positive as Solana and XRP Post Gains Some trading days feel […] Original