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Bitcoin investors’ expectations evolve as 88% of BTC supply is in profit


Key Takeaways:88% of Bitcoin’s supply is in profit below $95,000, indicating a reset in investor expectations. The current price range of $75,000–$95,000 may represent a structural bottom, aligning with market conditions from Q3 2024.The Market Value to Realized Value (MVRV) Ratio...

Bitcoin Retreats to $94K as Crypto Markets Dip and Stocks Trade Flat


Crypto markets slumped on Monday morning, with seven of the top ten cryptocurrencies in the red, including bitcoin. Market Dip Drags Bitcoin Under $94K While Equities Hold Steady Bitcoin (BTC) fell to $94K on Monday morning as crypto markets tumbled 1.06% to a market capitalization of $2.93...

Blackrock Dominates ETF Flows Again as Bitcoin and Ether Inflows Soar


Bitcoin exchange-traded funds (ETFs) ended the week with a thunderous $675 million inflow, entirely powered by Blackrock’s IBIT. Ether ETFs also maintained positive momentum, adding $20 million through ETHA alone. Bitcoin ETFs Close Week With $675 Million Inflow Led Entirely by Blackrock’s IBIT...

Semler Scientific Adds 167 Bitcoins to Treasury, Total Reaches 3,634 BTC


Semler Scientific, Inc. has acquired an additional 167 bitcoins for $16.2 million, bolstering its total holdings to 3,634 BTC and securing its position as the fourth-largest Bitcoin treasury company in the U.S., according to a May 5 regulatory filing. Semler Scientific’s Bitcoin Holdings Surge...

Bitcoin Price Watch: Short-Term Downtrend Emerges as Bulls Lose Grip


Bitcoin traded between $94,089 and $94,305 over the last hour, while its market capitalization stood at $1.86 trillion. Daily trade volume reached $19.74 billion, with the 24-hour price range spanning $93,806 to $95,741. Bitcoin On the 1-hour chart, bitcoin continues to reflect a short-term bearish...

Watch these Bitcoin price levels as BTC meets 'decision point'


Key takeaways:Bitcoin failed to break the $98,000 resistance amid increased profit-taking.BTC price needs to close above $95,000 on the daily chart for a push to $100,000.Bitcoin’s (BTC) price failed to break above resistance at $98,000 on May 3. Since April 22, BTC prices have formed daily...

US Bitcoin ETFs bought 6x more than BTC miners produced last week


Spot Bitcoin exchange-traded funds (ETFs) in the United States bought up nearly six times as many Bitcoin as were produced by miners over the last week.The US-based Bitcoin (BTC) funds bought a whopping 18,644 Bitcoin over the past week when only 3,150 BTC were mined for the period, reported asset...

Bit Digital Aims for $500M Raise to Fuel HPC, Cloud Expansion


Bit Digital plans to raise up to $500 million through an at-the-market (ATM) equity offering. The offering will be facilitated by investment bank H.C. Wainwright & Co., which will earn a commission of up to 3% on shares sold. New Funding to Support Excursion Into High-Performance Computing...

Bitcoin: Not Uncoupled, But Unbothered


Last week bitcoin’s rally past $94,000 reignited a long-running debate: is one of the world’s most volatile assets finally behaving like a safe haven? This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s...

Tim Draper Foresees Bitcoin Could Be Worth Infinite US Dollars


Bitcoin could be worth an infinite amount of U.S. dollars, says Tim Draper, sounding alarms over collapsing fiat trust, historic dollar weakness, and accelerating crypto dominance. Tim Draper Urges Bitcoin Readiness Amid Currency Collapse Fears Tim Draper, a prominent venture capitalist known...

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