WorldPingARP Digital’s Yusuf Fakhro said bitcoin’s weakness reflects stalled participation more than forced selling, with ETF flows turning negative, CME open interest back at 2023 levels and Strategy idle for a fifth straight week.
This is a short WorldPing brief. The full report was published by CoinDesk.
Read the full report at CoinDesk
WorldPingSolo Bitcoin miner nets $200,000 as Coldcard hardware wallet drains rocks sentiment — full report at CoinDesk.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingNevertheless, the drop in crypto prices seems restrained given the magnitude of losses in the wallet hack and the erosion of confidence in cold storage.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingMichael Saylor says Strategy is now tracking bitcoin’s 200-week moving average and its premium to that level, noting the price sits almost exactly on the line after trading above it 92% of the time historically.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingBitcoin could confirm an August bear-market bottom, though rising Treasury yields could force the Fed to raise rates in September, according to 10x Research.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingTransfers of less than 1 BTC hit levels last seen days after the FTX collapse, while Galaxy Research flagged a likely fourth wave of thefts.
Brief by WorldPing · Original reporting by Decrypt
WorldPingBitcoin futures’ once-rich carry has evaporated, with quarterly basis yields trailing two‑year U.S. Treasuries since February, a sign of shrinking arbitrage and a maturing market.
Brief by WorldPing · Original reporting by CoinDesk