Author: driver789
NEW YORK — While BlackRock’s iShares Bitcoin ETF (IBIT) is among the most successful product launches in Wall Street history, the crypto market’s growing reliance on leverage could be doing long-term damage to bitcoin’s BTC$70,413.42 institutional appeal, according to Robert Mitchnick, head of digital assets at BlackRock.During a conversation with Anthony Pompliano and investor Dan Tapiero at the Bitcoin Investor Week conference in New York on Thursday, Mitchnick said that while bitcoin’s fundamentals remain strong, excessive speculation — particularly on leveraged derivatives platforms — is introducing instability that threatens the asset’s positioning as a serious portfolio hedge.“These days where you…
US lawmakers on Friday stepped up pressure over a reported foreign stake in a crypto firm tied to US President Donald Trump, asking the Treasury’s foreign-investment watchdog to explain whether the deal threatens national security or should be reviewed. Trump And The $500 Million Deal Reports say an Abu Dhabi-linked vehicle paid about $500 million for roughly 49% stake in World Liberty Financial (WLFI ($0.10 · Live)). That investment is said to have put a foreign investor in line to be the largest outside shareholder and to win board seats. Based on reports, critics worry about what access a large…
The Bitcoin price remains in a fragile phase in its broader market structure, alternating between recovery attempts and lingering macro uncertainty. Structurally, the market is in a transitional state, as it leaves euphoric expansion but is not yet fully in capitulation. Ultimately, current price action reflects a tug of war between long-term conviction holders and short-term speculative flows. Nonetheless, on-chain data suggests that the premier cryptocurrency is likely to embark on more trips to the downside. CVDD: Bitcoin’s Compass to Cycle Lows Since 2012 In a recent post on the X platform, market analyst Ali Martinez revealed that the Cumulative…
World Liberty Financial Token (WLFI), a DeFi governance token affiliated with the Trump family, may have signaled a major market breakdown hours before Bitcoin moved, according to a new analysis by data provider Amberdata.The report examines trading activity on Oct. 10, 2025, when roughly $6.93 billion in leveraged crypto positions were liquidated in under an hour. Bitcoin (BTC) fell about 15% and Ether (ETH) dropped roughly 20%, while smaller tokens lost as much as 70%. Amberdata found that WLFI began a sharp decline more than five hours before the broader market downturn. At the time, Bitcoin was still trading near…
A divergence in global bitcoin BTC$69,827.28 market sentiment is widening as U.S. institutional investors hold steady while offshore traders retreat from their positions.The gap is clearest in futures markets. CME, the go-to platform for hedge funds and institutional desks in the U.S., shows traders are still paying a premium to stay long on bitcoin, according to NYDIG’s head of research, Greg Cipolaro.This is evident on a one-month annualized basis, essentially the markup for futures over spot prices, which remains higher than on its offshore counterpart, Deribit. “The more pronounced drop in offshore basis suggests reduced appetite for leveraged long exposure,”…
A bullish “Adam and Eve” pattern has appeared on the chart of the leading cryptocurrency — a break above $72,000 would push the asset towards $80,000, noted the analyst known as Ash Crypto. Source: X/Ash Crypto. He also noted that the OTHER/BTC ($70,259.00 · Live) index has reached a four-month high and is above the levels seen at the time of the crash on 10 October 2025. Source: X/Ash Crypto. “Altcoins are holding up well against bitcoin, and we could see their rally very soon,” added Ash Crypto. In the view of MN Trading’s founder, Michaël van de Poppe, digital…
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum price might have experienced some modest recovery late last week. However, the popular altcoin still reflects a broader bearish structure. Interestingly, a recent on-chain evaluation has surfaced, which paints a dark picture for Ethereum’s mid-term future, as opposed to imagined sustained relief. Taker Buy Sell Ratio Plummets To November 2025 Lows In a recent post on QuickTake, market analyst CryptoOnchain reveals that Ethereum derivatives traders are currently being dominated by aggressive sellers as indicated by the Ethereum: Taker Buy Sell Ratio on Binance, smoothed over with…
Mirae Asset Consulting, an affiliate of South Korean multinational financial services company Mirae Asset Group, has agreed to acquire a controlling stake in local crypto exchange Korbit.The company plans to purchase 26.9 million shares of Korbit for 133.48 billion won (about $93 million), a transaction that would give it a 92.06% ownership interest in the exchange, according to a Friday regulatory filing. The payment will be made entirely in cashMirae Asset said the purpose of the acquisition is “to secure future growth drivers through digital-asset (virtual-asset) businesses,” per the filing. The company’s board approved the decision on Feb. 5, while…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 1920.47, up 2.0% (+36.77) since 4 p.m. ET on Thursday.Eighteen of the 20 assets are trading higher.Leaders: UNI (+5.4%) and BCH (+5.3%).Laggards: ICP (-2.1%) and BNB (-1.1%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.