Institutional investors continue accumulating Bitcoin across market cycles, with the average acquisition cost now near $75,577. This level acts as a critical support zone, reflecting increased capital deployment during bullish phases and steady buying even during price dips. Bitcoin's price hovering near this cost basis creates a decision point for market direction, with potential moves toward $100,000 if support holds or lower if it breaks. The long-term accumulation strategy highlights growing institutional confidence and positions for future price growth.
The US Justice Department transferred 54.89 billion Shiba Inu (SHIB) tokens seized from FTX, but their value dropped 85% from $1.55 million to about $235,500 during legal proceedings, meaning the government retained only 15% of the original dollar va...
BlackRock transferred about 2,152 BTC worth $140 million from Coinbase Prime, coinciding with $181 million inflows into U.S. spot Bitcoin ETFs, highlighting ongoing institutional demand. Despite this, Bitcoin prices remained flat while Ethereum and s...
A major whale investor has increased their short position on Bitcoin through the decentralized futures platform Hyperliquid, earning $131,000 with a 26.7% return over 30 days. This move reflects a bearish sentiment among large investors who expect Bi...
Bitcoin's most popular call option strike price has shifted down from $80,000 to $70,000, indicating a lower expected price ceiling for the cryptocurrency. Open interest in the $70,000 call option now exceeds $1.6 billion, reflecting traders' bets th...
Bitcoin briefly reached a three-week high near $65,600 before retreating to around $64,000, influenced by lower-than-expected US inflation data and geopolitical tensions. Ethereum also reversed from a six-week peak near $1,950, slipping below $1,900....
