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CryptoQuant CEO Ki Young Ju says Bitcoin’s current distribution phase may be less a sign of structural weakness than a major transfer of supply from old market participants to US financial institutions, ETFs and new long-term holders. In a series of posts on X, Ki argued that selling by Bitcoin OGs and long-time miners is part of a broad “change of hands” rather than evidence that the asset has exhausted its cycle. The key question, in his view, is not only how much supply is being sold, but who is ultimately absorbing it. “I believe that the selling by Bitcoin OGs and long-time miners is part of a major shift in hands, transferring to US traditional financial institutions, investors, and ETFs,” Ki wrote. “So, I disagree with the claim that Bitcoin won’t do well anymore once the shift is complete and there’s no more liquidity coming in.” Bitcoin’s Ownership Base Is Changing Ki’s thesis centers on the composition of Bitcoin holders. He said that, for any asset, the long-term market setu
Read full articleOn-chain data shows the Bitcoin long-term holders are now holding more underwater supply than even the lowest point of the 2022 bear market. Bitcoin Long-Term Holders In Deepest Pain Since COVID Crash As highlighted by Glassnode lead research analyst CryptoVizArt in an X post, the Bitcoin long-term holders have seen a spike in loss supply […]
Bitcoin developer Peter Todd has pushed back against calls to bring Zcash-style privacy into Bitcoin’s consensus layer, arguing that the cryptographic risk profile is too high for the network’s base protocol. The debate erupted after ZODL developers disclosed an issue affecting the Orchard shielded pool, briefly turning a technical incident into a broader argument over […]
A first-of-its-kind bitcoin-backed mortgage has entered the U.S. housing market. Coinbase and Better funded the first Fannie Mae-backed mortgage using bitcoin collateral, creating a new option for homebuyers with wealth held in digital assets. Bitcoin Collateral Moves From Crypto Portfolios Into Home Lending The first Fannie Mae-backed bitcoin mortgage has been funded, clearing the way […]
SpaceX's IPO could reshape market dynamics, spotlighting governance risks and reigniting corporate interest in Bitcoin as a strategic asset. The post SpaceX seeks $75B from investors ahead of blockbuster IPO appeared first on Crypto Briefing.
Bitcoin is steadily pushing towards $60,000 and is trading close to its February 6 wick bottom. The crypto market sentiment is now back in extreme fear, and there have been multiple questions on when Bitcoin will eventually register a correction bottom. Crypto pundit Ardi believes the answer may be found less in the current candle […]
The project, managed by Adecoagro, an agricultural powerhouse, will constitute one of the first initiatives of its kind in Latam. Matheus Lechuga, project manager at Adecoagro, stated that at this first stage, the company seeks to achieve energy efficiency. Tether-owned Adecoagro to Pilot Sugarcane-Fueled Bitcoin Mining in Brazil Mining companies are migrating to cheaper, greener […]
Digital credit emerges as a key player in mitigating Bitcoin's maturity risk amid economic transitions. The post Matt Cole: Digital credit is key to addressing Bitcoin’s maturity risk, the debt crisis drives a Bitcoin-centric economy, and traditional investment portfolios are becoming obsolete | The Pomp Podcast appeared first on Crypto Briefing.
CryptoQuant says Bitcoin STHs moved 53,800 BTC to exchanges at losses as ETF outflows hit $4B and AI funding reached $400B. Bitcoin faced fresh selling pressure as short-term holders moved 53,800 BTC to exchanges at a loss. CryptoQuant said the 24-hour move marked the strongest capitulation signal of the year. The pressure came while Bitcoin […] The post BTC Short-Term Holders Capitulate as ETF Outflows Hit $4B While AI Draws Capital appeared first on Live Bitcoin News.
