$7 Trillion Player Is Moving Into Bitcoin, Can This Trigger A Surge To $200,000?

Swiss banking giant UBS, with assets under management (AuM) of up to $7 trillion, is set to launch Bitcoin trading for some of its clients. This comes amid predictions that regulatory clarity and broader adoption could send the BTC price to as high as $200,000.  UBS To Offer Bitcoin Trading To Some Wealth Clients Bloomberg […]

GameStop Transfers Full Bitcoin Stack, Analysts Flag Possible Exit

GameStop moved its entire Bitcoin stash into Coinbase Prime this month, according to blockchain trackers that monitor large transfers. Related Reading: OpenSea Insider Trading Case Ends Without A Retrial – Details The wallet associated with the company sent a large deposit to the institutional arm of Coinbase, a platform used by big traders and companies. […]

Bitcoin Realized Profit/Loss Reveals Underlying Structural Shift — What’s Happening?

Based on data from the weekly price chart, Bitcoin is witnessing a significant loss of over 6% following recent widespread market liquidations. Notably, the premier cryptocurrency has taken on a consolidatory stance in the past day, as if to lend credence to growing hopes of some price recovery. However, a recent on-chain analysis points out […]

Strategy Is Becoming Bitcoin’s Central Bank Proxy, Says Michael Saylor

Michael Saylor says Strategy’s evolving capital-markets machine is starting to resemble a “central bank of Bitcoin,” positioning the company as a conduit between traditional money markets and the Bitcoin network. In an interview with Gatecast, the Strategy executive chairman argued the firm’s shift toward perpetual preferred equity and “digital credit” instruments is designed to fund […]

Years Later, Bitcoin Open Interest In BTC Still Fails To Break Past Previous Peaks

Bitcoin’s price is fluctuating below the $90,000 mark as volatility increases across the entire cryptocurrency market. During the bearish price action, attention is now being shifted to the cautious signal from the Bitcoin Open Interest in BTC terms, which has remained below past all-time high in years. Open Interest Tells A Different Story When Measured […]

Bitcoin Whales Keep Buying Through Volatility As Retail Steps Away

Bitcoin is facing renewed volatility after a sharp drop from the $97,000 region to nearly $87,000 in just a few days, shaking market confidence and forcing bulls into defense mode. The pullback comes as geopolitical tension between the United States and the European Union escalated this week, with trade-war rhetoric returning to the spotlight and […]