Bitcoin’s dearth of fresh investors matters more than Strategy’s sale, Citi says
Strategy’s bitcoin sale may have rattled markets, but the bigger issue is missing demand from new buyers, Citi said.
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Strategy’s bitcoin sale may have rattled markets, but the bigger issue is missing demand from new buyers, Citi said.
Markets now imply a 66% chance bitcoin falls below $55,000 and a coin-flip chance of sub-$50,000 prices before year-end.
The jump signals return of fear after two months of calm market sentiment.
U.S. spot bitcoin funds bled cash for 11 straight sessions through Monday, the longest redemption streak since their 2024 launch, as risk dollars rotated toward an AI-led equities rally.
Investors pulled $1.67 billion from digital asset investment products last week, with bitcoin funds posting their largest weekly outflow of the year, according to a recent report from CoinShares.
Michael Saylor’s Strategy has evolved into a far more complex bitcoin-finance machine since it last sold BTC three and half years ago.
Michael Saylor says Strategy aims to make STRC the world’s best credit instrument after the company sold bitcoin to help fund preferred stock distributions
A hopeful posting on Iran from President Trump helped erase morning losses.
The Commodity Futures Trading Commission has now established a stance on how regulated U.S. firms can engage in crypto perpetual futures contracts.
The longest run of withdrawals since U.S. spot bitcoin ETFs listed in January 2024 comes as bitcoin underperforms high-flying AI and semiconductor stocks.