Tag: Falling Wedge Formation

TL;DR: BitFuFu produced 137 BTC in October, down from 167 in September, while managed hashrate stayed close to 19.5 EH/s. The miner attributed the decline partly to rising network difficulty, illustrating why steady capacity does not necessarily mean steady production. A Bitcoin miner can run broadly the same amount of computing power and still produce…

TL;DR: Strive reported $509 million in third-quarter GAAP net income and said it purchased 8,136 BTC during the quarter, followed by another 15,124 BTC between October 1 and October 30. Its financing structure and accounting gains matter as much as the headline accumulation figures. Bitcoin treasury company Strive has released a new set of numbers…

TL;DR: US spot Ether ETFs posted a $99.9 million net outflow on November 5, Farside data show, following an $85.3 million outflow on November 3 and a temporary recovery on November 4. The pattern highlights a fragile demand picture, but cannot establish a direct forecast for ETH’s price. Ether’s exchange-traded fund market is still searching…

TL;DR: US spot Bitcoin ETFs recorded a net $411.9 million outflow on November 6, according to Farside Investors. BlackRock’s IBIT accounted for $403 million in redemptions, while Fidelity’s FBTC attracted $42.8 million. The split matters more than a simplistic claim that every institutional investor was selling. US Bitcoin exchange-traded funds ended the week with another…

The $690–$700 region has emerged as a critical retest zone, with analysts watching whether buyers can defend the level or allow a deeper correction. BNB price remains above its 200-day moving average, suggesting that its longer-term market structure has not completely deteriorated. However, negative MACD momentum and resistance from shorter-term moving averages indicate that a…