Hodl has become sodl at MicroStrategy, a company that holds slightly more than 4% of bitcoin’s supply, but why?
Why Did MicroStrategy Sell Bitcoin?
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Price drops 2% after U.S. close while Korea’s Kospi plunges 10%
Bitcoin BTC$63,476.14 has come under pressure since the U.S. stock market closed Monday, with South Korea’s Kospi leading Asian equities lower and providing risk-off cues to the cryptocurrency market. BTC has fallen to $63,200 from […]
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Bitcoin’s recovery to $64K on hold? KEY metrics flash mixed signals after leverage wipeout
Following weeks of subdued derivatives activity, Bitcoin’s late-June decline triggered the first meaningful shift in market positioning. More importantly, aggressive short selling targeting this level was successful just twice, with one at $57.8K. At no […]
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Bitcoin And Crypto Exchanges Could Be In Trouble, Here’s Why
Bitcoin and crypto exchanges built much of the cryptocurrency industry’s reputation by challenging traditional finance. However, as major Wall Street institutions deepen their involvement in crypto services, the structure of the market could begin to […]
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