The 162,000 jobs gain lifted yields and the dollar, but the first selloff did not hold uniformly.
The post Bitcoin falls below $80,000 as hot US payrolls revive Fed hike risk appeared first on CryptoSlate.
Bitcoin accelerated above $81,000 on Thursday as easing rate fears and fresh institutional demand lifted the broader crypto market. On Sept. 3, Federal Reserve Gov. Christopher Waller said he could support keeping interest rates unchanged this month if August inflation continues to cool, helping push the market-implied odds of a September rate increase to roughly […]
The post Bitcoin’s rally over $81,000 is finding real buyers, but options traders still aren’t pricing a clean breakout appeared first on CryptoSlate.
Bitcoin registered an intraday high above $82,000 on Sept. 3, pushing above the 50-week moving average that Galaxy Research says marked the definitive end of four of Bitcoin's five comparable completed bear markets. Galaxy's signal requires a weekly close above that line, and the Sept. 3 push through it happened well before the week's close. […]
The post Bitcoin just crossed the line that ended 4 out of 5 bear markets, but one deadly historical trap could still trigger a crash to $62,000 appeared first on CryptoSlate.
Bitcoin and gold are trading more like each other than at any point since 2020, even as their latest divergence tests that relationship. Their 90-day correlation has climbed to about 0.55, the highest in nearly six years, while Bitcoin’s volatility stands at 36.2% compared with 25.3% for gold. That makes Bitcoin just 1.43 times as […]
The post Bitcoin’s volatility ratio against gold collapses to 6-year low as traditional safe haven turbulence surges appeared first on CryptoSlate.
Bitquery traced 20.45 BTC through 34 Sept. 2–3 swaps, and the main destination later held roughly 5 ETH less.
The post Parked Coldcard loot begins moving as attacker routes $1.6M in stolen Bitcoin to Ethereum appeared first on CryptoSlate.
Bitcoin trades near $77,381, and Glassnode says 68% of circulating supply now sits in profit at this level, up from 65% when BTC traded here in May. That three-point gap works out to roughly 600,000 additional BTC, an estimate worth about $47 billion at current prices, that could be sold for a gain before Bitcoin […]
The post Bitcoin’s next $80,000 breakout has $47 billion more profitable supply to absorb appeared first on CryptoSlate.
Bitcoin is testing a roughly $68 billion breakeven wall that has repeatedly stalled its push back above $80,000. About 880,000 BTC carry a cost basis between roughly $77,500 and $80,300, leaving a large group of holders close to where they originally bought, Bitfinex Alpha data shows. Data from CryptoSlate shows Bitcoin trading near $77,890 as […]
The post Bitcoin cannot break out past $80,000 until it devours an 880k BTC roadblock that choked every rally appeared first on CryptoSlate.
IBIT’s 1.60-point lead masked a maximum decline nearly three times as deep as the S&P 500 fund’s.
The post BlackRock’s Bitcoin ETF barely beat the S&P 500 after putting investors through a 53% crash appeared first on CryptoSlate.
Michael Saylor has roughly one week to orchestrate STRC’s return to its $100 par value by his informal Sept. 8 target, but the financial machinery required to close the final gap is running hot. Despite deploying $635.2 million on aggressive buybacks, Strategy’s preferred security continues to hover around $97. The company has simultaneously restarted its […]
The post Strategy keeps STRC at 12% as Saylor has seven days to salvage the $10 billion Bitcoin yield product as costs spiral appeared first on CryptoSlate.
Apps captured the headline revenue while Robinhood’s disclosed fee split offers no bridge to its corporate accounts.
The post $2.7 million poured into Robinhood Chain apps in one day, but it barely touches corporate revenue appeared first on CryptoSlate.
Cronos restored pre-exploit state, Ontology paused before a confirmed loss, and ICON halted after assets reached exchanges, exposing three different emergency powers and recovery risks.
The post Stopping a blockchain doesn’t always recover stolen funds – What actually happened when 3 networks pulled the plug appeared first on CryptoSlate.
Crypto added roughly $500 billion in market value in a matter of days as Bitcoin ran from about $63,500 toward $80,000 last week. A liquidation squeeze powered much of the first phase, and regulated investment products then supplied fresh capital once forced buying began to fade. Tom Lee told Milk Road that the crypto liquidation […]
The post How short liquidations cleared $500B in crypto positions before institutional buyers took over appeared first on CryptoSlate.
His essay preserves self-custody while legitimizing the layered claims that now finance Strategy’s balance sheet.
The post How Saylor’s $2 billion capital loop is quietly rewriting the rules of Bitcoin ownership appeared first on CryptoSlate.
The US Treasury expects to borrow $739 billion from July through September while paying investors to hand back some of its older bonds. The pairing looks self-defeating because both transactions involve the same issuer. However, they are on separate ledgers and solve separate problems: auctions finance the government and create liquid benchmarks, while buybacks retire […]
The post How $739B in new US debt could absorb crypto’s liquidity before buybacks even reach Bitcoin appeared first on CryptoSlate.
Armstrong’s launch-week chart captured $104 million in turnover, while one later snapshot left persistence to open interest and repeat sessions.
The post Coinbase’s $104M US500 trading spike hits an early reality check appeared first on CryptoSlate.
ETF inflows and larger Treasury buybacks can cushion volatility, but neither substitutes for disinflation.
The post Bitcoin faces a new macro test as Fed Chair Kevin Warsh highlights sticky inflation metrics appeared first on CryptoSlate.
Bitcoin gained 21.5% from the Aug. 17 close through Aug. 21, yet six of seven large US-listed miners finished the same trading stretch much lower. MARA Holdings rose 16.1% and came closest to BTC, while Cipher Digital fell 14.8%, TeraWulf lost 11.2%, Hut 8 dropped 8.1%, and IREN declined 6.8%. The stocks still sold as […]
The post Bitcoin miners are no longer pure crypto proxies and are morphing into high-performance computing hubs appeared first on CryptoSlate.
Bitcoin trades near $78,000 heading into the weekend, sitting almost between $77,000 support and $80,000 resistance after a sharp rejection from above $81,000 hit on Aug. 28. A confirmed break below $77,000 opens the mid-$75,000s, while a reclaim of $80,000 puts the roughly $81,300 high from Aug. 28 and the $82,000 to $83,000 zone back […]
The post Bitcoin’s failed $81,000 breakout just put $75,000 back on the table appeared first on CryptoSlate.
US spot Ethereum ETFs appeared to begin trading with $10.36 billion already inside them, an opening balance large enough to resemble an institutional buying wave before the first full session ended. However, almost all of that amount came from ETH that Grayscale's older trusts already held, so the launch moved an existing pool into exchange-traded […]
The post Crypto ETFs appeared to hit $10B in hours, but filing data exposes where that money really came from appeared first on CryptoSlate.
Bitcoin fell below $77,000 Friday after Fed Chair Kevin Warsh revived the threat of higher interest rates at Jackson Hole. Data from CryptoSlate shows the largest cryptocurrency dropped to as low as $76,909 before recovering to $77,712 as of press time, down about 4% over the previous 24 hours. The retreat accelerated a broader crypto […]
The post Fed Chair Kevin Warsh triggers a $488 million crypto liquidation cascade as rate-hike expectations rise appeared first on CryptoSlate.
IBIT’s published Aug. 26 close left investors in unlisted debt while preliminary terms layer on SOFR-linked financing.
The post JPMorgan’s IBIT Bitcoin ETF bet just missed its escape hatch to avoid 6% deduction appeared first on CryptoSlate.
BlackRock cut the minimum for converting privately held Bitcoin into IBIT shares from $25 million to $1 million, while Bitwise lowered its floor from $100 million to $3 million. While this might sound like a niche development for a small number of institutional users, it signals that custody is no longer just a slogan for […]
The post It just got 25 times easier to move self-custody Bitcoin directly onto Wall Street, and $5 billion already has appeared first on CryptoSlate.
VanEck recorded eight active signals on Aug. 12, while comparable clusters trailed Bitcoin’s baseline at 90 and 180 days.
The post Bitcoin’s bottom signal is flashing, but six months of data shows a trap waiting for early buyers appeared first on CryptoSlate.
There was an actual crypto conference that took place in Jackson Hole between Aug. 17 and Aug. 20, where about 500 guests gathered at the Four Seasons for the Wyoming Blockchain Symposium and listened to executives, investors, and lawmakers discuss digital assets. Today, on Aug. 27, roughly 120 central bankers, economists, and officials will meet […]
The post Is the Jackson Hole central bank retreat now a crypto conference? appeared first on CryptoSlate.
July's PCE inflation reading held at 3.7% headline and 3.3% core on Aug. 26, both still above the Fed's target. Futures markets responded by pushing the odds of a September rate hike to roughly 44%, up from 36% before the report. Bitcoin hit an intraday high of $79,251.60 the same day, trading near $78,000 as […]
The post Behind Bitcoin’s sudden resilience is a $2 billion cash surge that wiped out speculative leverage appeared first on CryptoSlate.
Strategy, Twenty One Capital and Metaplanet still face a funding bind as common-equity discounts collide with debt, pledged coins and dilution.
The post Bitcoin hit $80,000 but failed to restore BTC treasury premiums at Strategy, Twenty One Capital, or Metaplanet appeared first on CryptoSlate.
Deribit’s expiry concentrates reported call exposure at $75,000 and $80,000, where dealer hedging can pin or amplify a move.
The post Bitcoin is trapped between $75,000 and $80,000 ahead of a massive Friday derivatives settlement appeared first on CryptoSlate.
Bitcoin's sharp two-week recovery, which briefly pushed its value above $80,000, has brought Michael Saylor's Strategy BTC treasury back into profit and lifted its common stock faster than the cryptocurrency. BTC's price rebound accelerated after the US Treasury moved to expand buybacks of longer-dated government debt, easing pressure on yields and weakening the dollar. Renewed […]
The post Strategy’s MSTR quietly outperforms Bitcoin’s $80,000 rally as STRC closes in on $100 appeared first on CryptoSlate.
Bitcoin's brief pullback below $78,000 triggered more than $300 million in crypto liquidations as traders took profits after a sharp $80,000 rally driven by Treasury developments, ETF inflows, and a squeeze on bearish positions. Data from CryptoSlate shows that the largest cryptocurrency fell as low as $77,870 during the last 24 hours before recovering above $79,000 […]
The post Why Bitcoin’s $80,000 rally just flipped from short squeeze to long squeeze appeared first on CryptoSlate.
Bitcoin's end-of-September options expiry holds 130,670 BTC of open interest, compared with 79,003 BTC for August, a headline gap large enough to look like traders are loading up before the Federal Reserve's Sept. 16 decision. DWF Labs market insights lead Martin Lee said in a note that most of that gap has nothing to do […]
The post Bitcoin traders hedged $60k and loaded up above $78k leaving the low $70k exposed appeared first on CryptoSlate.