Bitcoin slid to a year-to-date low of $74,500 on Monday, a move that wiped roughly 38% off its peak. Markets reacted sharply, and traders felt the pinch as flows out of big funds accelerated. Related Reading Fund Flows And Market Mood According to reports, global crypto exchange-traded products saw heavy withdrawals last week. Big US…
The game just changed. The Smarter Web Company (LSE: SWC) officially rang the bell on the London Stock Exchange’s Main Market today, proving that ‘Bitcoin treasury’ plays are now a centerpiece of the UK market. But it hasn’t been all champagne and green candles. SWC has had a literal trial by fire, weathering a $100M…
The crypto market is violently flushing leverage right now. Coinglass data shows that over the period from Jan 29-31, $1.5B in $BTC leveraged long positions were wiped. Bitcoin ($BTC) is retracing sharply, triggering a cascade of liquidations across major exchanges. When the market leader sneezes, altcoins usually catch a cold, often resulting in brutal double-digit…
BNB Chain has shown strong performance over the last week, with the ecosystem holding key metrics despite the recent market downturn and BNB’s price correction toward a major support level. Related Reading BNB Chain Key Metrics Hold Strong On Monday, BNB Chain shared its weekly ecosystem snapshot, revealing solid network performance and sustained growth on…
Legacy retail is colliding with decentralized finance, and the results are getting interesting. The latest headlines surrounding the brand formerly known as Bed Bath & Beyond suggest a definitive pivot. With the intellectual property now under the umbrella of Beyond Inc. (a company already cozy with tZERO and digital securities), the narrative of ‘Bed, Bath…
BitMine’s chairman, Thomas “Tom” Lee, has weighed in on the potential reasons for the recent crypto market’s performance and why he believes the prices may be near the bottom. Related Reading ‘All Pieces In Place’ For Crypto Market Bottom On Monday, BitMine’s chairman and Fundstrat’s CIO, Tom Lee, discussed the recent market crash that has…
The regulatory center of gravity for digital assets is shifting eastward. While the US navigates a fog of enforcement actions and legal ambiguity, Hong Kong is cementing its bid as a global crypto hub. The Hong Kong Monetary Authority (HKMA) recently advanced its stablecoin issuer sandbox, greenlighting a select group of institutional heavyweights to begin…
Ripples came through both the traditional and digital asset markets. Tokyo Stock Exchange Prime-listed gaming giant KLab (KLab) announced its latest strategic acquisition: an additional 9.65 $BTC and 2,955 units of physical gold. This significant investment, totaling 200M yen, underscores KLab’s conviction in its ‘Dual Gold Treasury Strategy’, a forward-thinking approach blending the high-growth engine…
The convergence of traditional finance (TradFi) and decentralized infrastructure just hit a new gear. ING, one of Europe’s banking heavyweights, is reportedly deepening its exposure to the crypto ecosystem through a strategic alignment with Bitwise. This isn’t just a standard balance sheet adjustment. It signals a fundamental shift in how institutional capital views digital asset…
Fundstrat Global Advisors’ Managing Partner Tom Lee is doubling down on a risk-on rotation. His thesis? The recent consolidation in precious metals could catalyze a significant capital flight back into digital assets, with Ethereum poised to play catch-up. Source: X While Bitcoin dominated institutional inflows throughout Q1, the macro setup indicates a shifting tide. As…