Bitcoin's price has fallen to its cost of production zone, a level historically marking bear market bottoms, currently holding near $63,000 to $64,000, about 50% below its 2025 peak. Spot Bitcoin ETFs saw $144.6 million in outflows on August 10, breaking a five-day inflow streak, while volatility is at a two-year low, indicating a possible sharp move soon. Long-term holders are experiencing unrealized losses, but not yet at past cycle bottom levels, suggesting either further sell-offs or steady demand from corporate buyers. Analysts note that if Bitcoin drops below $60,000, another decline may occur, but recovery could signal easing holder stress and a potential rally by 2027 following its four-year cycle pattern.
Greg Abel, Warren Buffett's successor at Berkshire Hathaway, reduced the company's investment in Bank of America by $1.7 billion. At the same time, he increased the stake in Delta Air Lines by $1.6 billion. This shift in portfolio allocation highligh...
Xaman Wallet, a key app for the XRP Ledger ecosystem, has eliminated its 0.09 XRP minimum trading fee to encourage more liquidity and enable smaller trades. While the 0.8% swap and DEX trading fee remains, removing the minimum fee lowers barriers for...
Nvidia's earnings report on Wednesday is the week's most anticipated event, with options pricing in a 6% share move due to factors like AI infrastructure demand, product ramp timing, China exposure, and new financing partnerships. Analysts warn of po...
Bitcoin surged over 20% in a single week, rising from around $62,700 to $79,500, marking one of its strongest weekly gains in recent years. This rally mirrors past major market reversals seen in 2019 and 2023, suggesting a possible new bull market cy...
Term Finance, a DeFi lending protocol on Ethereum, lost about $8.5 million after a hacker exploited its DAO governance system by buying a majority of governance tokens at low cost. This allowed the attacker to approve malicious proposals and drain 2,...
