Bitwise CIO Matt Hougan says MicroStrategy's era as Bitcoin's dominant buyer is ending as the company shifts to a new capital framework allowing Bitcoin sales up to $1.25 billion for dividends, reserves, and buybacks. This change follows a drop in MicroStrategy's preferred stock and Bitcoin falling below $60,000. Hougan expects institutional investors like banks and pension funds to become the main Bitcoin buyers going forward, while MicroStrategy may still buy Bitcoin if prices rally but will be less influential in the next cycle. The market may be nearing a bottom with a potential bull run this fall.
Bitcoin traders are closely watching Federal Reserve Chair Kevin Warsh's first keynote at the Jackson Hole Symposium, recalling how Jerome Powell's 2022 speech caused a 6% drop in Bitcoin due to unexpected hawkish signals. Historical data shows 2022 ...
Cryptocurrency prices are fluctuating with Bitcoin trading at $79,162, up 2.55%, and Ethereum at $2,512, up 3.54%. Other notable coins like XRP, BNB, and Solana also show modest gains, while some smaller tokens experience varied changes. This snapsho...
Bitcoin closed above its 50-week exponential moving average (EMA) for the first time since November 2025, signaling a possible medium-term trend reversal. This technical move comes as markets prepare for the Federal Reserve's Jackson Hole symposium, ...
Abraxas Capital has taken a large $783 million short position on Hyperliquid, a decentralized futures exchange, even as Bitcoin surged 23% in one week to about $77,500, its strongest rally since March 2023. The firm also hedged this position by withd...
Cryptocurrency prices are fluctuating with Bitcoin trading around $77,566, up by 0.98%. Ethereum and Binance Coin also saw modest gains, while some altcoins like Morpho and MNT experienced significant increases of over 10%. This mixed performance ref...
