Bitcoin’s price swings have hit a cycle low, squeezed by a market tug-of-war with no clear winner. The traders who once lived off its chaos have taken their risk appetite elsewhere.
The takeaway is that even as oil prices retreat from their second-quarter highs, oil products are getting more expensive. The broader market, including BTC, may not have fully priced that in yet. A second detail is that oil itself may be due for a bounce.… Read More
Bitcoin rose above $64,000 on Tuesday, up over 1% on the day and marginally higher on the week, the only major with a meaningful gain as the rest of the market drifted lower. Ether eased half a percent to just under $1,900, though it holds… Read More
It’s not a priority, said Executive Chairman Michael Saylor, but Strategy (MSTR) could buy back its own shares if they become cheap enough. The comments during a Monday Q&A follow a rough stretch for Strategy’s common shareholders. MSTR is down about 38% this year and… Read More
Volume, meanwhile, is dead simple as it measures the number of contracts that changed hands during a given period. Think of it as measuring how many times the front door of that exclusive club opened and closed over a given period, regardless of who stayed.… Read More
Earlier this month, as it became clear that the Digital Asset Market Clarity Act would not receive a vote prior to the Senate’s August recess, industry participants suggested that if Congress didn’t act, regulators could. It wouldn’t be exactly the same; regulators’ actions could be… Read More
