The US Strategic Bitcoin Reserve could lose nearly 30% of its holdings in a single legal move, even if the government does not sell a single coin. Last…
Institutional interest in Strategy’s (formerly MicroStrategy) preferred securities is building at a time when the company’s common stock, MSTR, remains one of the market’s most-watched bearish trades tied…
Bitcoin spent the last two days sliding down a familiar set of shelves, and the order book kept printing lower bids as liquidity thinned. By this morning, it…
Bitcoin is entering a period where macro sequencing matters more than narrative. Equity markets are trading near record valuations, real yields remain elevated, and credit markets are expanding…
A $7.8 trillion cash pile sits in US money market funds, earning, rolling, waiting. The Federal Reserve began this easing cycle on Sept 18, 2024, and it’s now…
On Feb. 20, Brazil’s foreign trade council published a technical resolution reducing import duties to zero for a narrow class of hardware: SHA256 Bitcoin miners exceeding 200 terahashes…
Spot Bitcoin ETFs gave the market a clean, daily scoreboard: a green print meant fresh cash crossing the boundary from traditional brokerage accounts into Bitcoin exposure, and a…
Bitcoin’s network activity has been weakening for six straight months, but the decline is not showing up in the headline metric many traders watch first. The clearer signal…
Bitcoin is trading like a rates product now because real yields are the new “gravity” Earlier this month, we saw the macro picture shift in a very real…