As Bitcoin Sinks, It's Time for Ethereum to Outperform: Standard Chartered
Bitcoin is falling following Strategy's first BTC sale since 2022—and one analyst sees that as a good thing for Ethereum.
Crypto Briefing·
Strategy's Bitcoin sale signals a shift in corporate crypto strategies, potentially influencing other firms to reconsider their Bitcoin holdings. The post Strategy’s rare Bitcoin sale sparks broader market ramifications appeared first on Crypto Briefing.
Read full articleBitcoin is falling following Strategy's first BTC sale since 2022—and one analyst sees that as a good thing for Ethereum.
A South African High Court ruled that bitcoin can be legally treated as “capital” and a “negotiable instrument” (a form of money) because it holds value, is used for speculation, and is accepted by merchants. The Catalyst: Seizure of 1,680 Bitcoins A South African High Court has ruled that bitcoin can be treated as capital […]
Stablecoin use is accelerating beyond crypto trading, with filtered transaction velocity reaching a record 49.7 times annualized. At the same time, bitcoin and ethereum spot ETFs are facing sustained outflows, raising questions about the depth of institutional demand. Bitcoin ETF Outflows Hit $6.6B as Stablecoin Payments Accelerate Stablecoins are showing signs of a major shift […]
Bitcoin and altcoin prices crumbled as BTC lost the $70,000 level. Will investors’ pivot to AI stocks continue to weigh on crypto markets?
Bitcoin's potential as a hedge against sovereign debt crises could drive institutional interest, impacting its adoption and market dynamics. The post Bitwise estimates Bitcoin’s fair value at $224K amid sovereign debt fears appeared first on Crypto Briefing.
Shares in the leading Bitcoin treasury firm Strategy (MSTR) are now more than 70% off their 52-week high after the company sold BTC.
Crypto exchange-traded fund (ETF) flows opened June on a defensive note, with bitcoin funds losing nearly half a billion dollars and ether products extending their outflow streak to 15 trading days. Yet XRP and HYPE ETFs again attracted fresh capital, showing that investors are still making selective bets beyond the largest crypto assets. XRP ETFs […]
On-chain data shows that XRP exchange-traded funds (ETFs) have continued to attract steady inflows, while Bitcoin and Ethereum ETFs have recorded consecutive days of outflows. The difference in fund flows and investor demand suggests that institutions and large players are increasingly favoring the altcoin exposure over Bitcoin and Ethereum despite their waning price action. At […]