Institutional Demand for Bitcoin Remains Weak: Glassnode
Demand indicators include the Purpose ETF experiencing a slowdown in net inflows and GBTC trading at a notable discount.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/6IBP7WXNDJB2BGCBXBMI3S4QOQ.png)
Sponsored
Jul 20, 2021 at 4:04 p.m. UTC
Jul 20, 2021
Ad
Lyllah Ledesma
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/resizer/rMy2zQolcWxoPJ1o5BfnHkXsFDU=/arc-photo-coindeskuat/arc2-prod/public/KZ2PUOTREVE5XBIIJFHJI2TXJQ.png)
Recent
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/ARK4PC7R6BEXRPWWZAF36DRBDQ.png)
Bitcoin Drops Below $30K for First Time in 4 Weeks
Wall Street is seeing "too much froth" and current virus jitters are triggering widespread panic selling of every top performing asset, including bitcoin, said one analyst.
Sponsored
Jul 20, 2021 at 3:18 a.m. UTC
Jul 20, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/5K27E6PEAJEOXMU6YE6DB6I3MQ.jpg)
BitMEX CEO Maps Out Future 'Living by the Rules'
Alexander Hoeptner says "discussions need to be had" with regulators.
Sponsored
Jul 7, 2021 at 8:41 p.m. UTC
Jul 7, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/MNSJAVQ4HRH6RGUNVGTG7PPSLY.jpg)
Kraken Casts More Doubt on JPMorgan Call Over Grayscale Bitcoin Trust ‘Unlocks’
Kraken is disputing the premise that a wave of GBTC shares hitting the secondary market will drive the price of bitcoin lower.
Sponsored
Jul 7, 2021 at 5:33 p.m. UTC
Jul 7, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/GBKW23PKO5DKPA6CQLPGZ6GKEI.png)
Leveraged Funds on CME Trim Bets Against Bitcoin
"This probably has more to do with leveraged funds hedging their long positions in GBTC shares using the CME futures,” one trader said.
Sponsored
Jul 6, 2021 at 6:58 p.m. UTC
Jul 6, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/QLNPPW5HFBFCFFNSIQW3B2VJEA.png)
Bitcoin Stock-to-Flow Model, Rooted in ‘Hard Money’ Narrative, Goes Off Course
"PlanB" said the next six months will “make or break'' the stock-to-flow model.
Sponsored
Jul 5, 2021 at 3:30 p.m. UTC
Jul 5, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/45U5P3DZ7VDADBDCCBFZG5FIEI.png)
Fitch Says Rapid Stablecoin Growth Poses 'Contagion Risks'
The Fitch report suggests that the turmoil also could have the potential to spread to traditional markets.
Sponsored
Jul 1, 2021 at 1:39 p.m. UTC
Jul 1, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/QIH2LISJKJGIXDFMZ5EVLIV3YI.jpg)
There's a 'Clearance Sale' on Bitcoin, but Institutions Aren't Rushing In
“Despite there being a sign in the recent bear market that investors are scared off, we don’t see massive outflow from institutional users,” one crypto exchange executive said...
Sponsored
Jun 30, 2021 at 5:58 p.m. UTC
Jun 30, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/5F4XPA4RGBGLPBWMIT2PC64QBU.jpg)
Musk’s Tweets Swayed Some Investors on Bitcoin Environmental Concerns, Survey Shows
A survey shows some 49% of respondents said that “bitcoin being environmentally unfriendly" is an issue for them as an investor.
Sponsored
Jun 29, 2021 at 6:12 p.m. UTC
Jun 29, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/O23HLTTC75AQHESDAFMNV3GCXU.png)
Bitcoin Futures' Open Interest Drops More Than Half in 2 Months
The Arcane Research report says this downward trading indicates institutional investors are being “cautious” at the moment.
Sponsored
Jun 22, 2021 at 6:25 p.m. UTC
Jun 22, 2021