Bitdeer Eliminates All Self-Owned Bitcoin Holdings Bitdeer has liquidated its entire self-owned Bitcoin treasury, reducing its balance to zero. The decision follows a sustained downturn in Bitcoin prices and declining mining margins across the industry. The company reportedly sold both recently mined coins and remaining reserves accumulated earlier in the year. At the time of…
CoinShares Announces Permanent Fee Reduction CoinShares has announced a permanent reduction in the management fee for its flagship CoinShares Bitcoin ETP (BITC), lowering costs to 0.15%. The change takes effect immediately and positions the product among the lowest-cost physically backed Bitcoin exchange-traded products in Europe. The Jersey-headquartered digital asset manager said the move reflects structural…
A Legendary Investor Reopens the Bitcoin Debate Michael Burry has once again inserted himself into the Bitcoin conversation, revisiting both his missed opportunity and his longstanding skepticism. The investor, famous for predicting the 2008 housing collapse, reflected on considering a Bitcoin purchase in 2013 but ultimately “sleeping” on the idea. While acknowledging the extraordinary returns…
A Market Giant Facing Existential Questions Bitcoin’s valuation once symbolized financial disruption, but its recent 40% decline has revived doubts about its foundational purpose. After reaching historic highs, the world’s largest cryptocurrency now finds itself under pressure from multiple directions. What once seemed like a clear macro hedge narrative has fragmented. Investors are no longer…
Historic Slump to Open the Year Bitcoin and Ethereum are off to their worst start of the year in more than a decade. Since January 1, Bitcoin has dropped roughly 24%, while Ethereum has fallen about 34%, marking the weakest year-to-date performance since public price tracking began in the early 2010s. The slump comes just…
Exchange Inflows Drop From Early-Month Spike Bitcoin is showing signs that acute sell pressure may be cooling after a dramatic early-month surge in exchange deposits. On February 6, inflows reportedly reached roughly 60,000 BTC per day as prices slid toward $60,000. Recent data from CryptoQuant indicates that daily deposits have since moderated to around 23,000…
Bitcoin Rebounds but Faces Fragile Momentum Bitcoin climbed toward the $68,000 mark during Asia trading hours, offering traders a brief reprieve after weeks of volatile price swings. The move appeared broad-based across major cryptocurrencies, yet analysts cautioned that the rebound resembles a relief rally rather than a decisive trend reversal. After falling sharply earlier this…
AI Could Replace White-Collar Workers Former BitMEX CEO Arthur Hayes argues that artificial intelligence may soon displace millions of white-collar workers. In his latest analysis, he claims large language models developed by firms like OpenAI and Anthropic will dramatically reshape the labor market. Hayes believes that widespread automation could leave many office employees unable to…
$70,000 Turns Into a Rejection Zone Bitcoin has now attempted to reclaim the $70,000 level three separate times since early February, and each attempt has been decisively rejected. What initially appeared to be healthy consolidation above $65,000 has evolved into a clear structural ceiling. The repeated failure has altered short-term market psychology. Traders increasingly view…
Repeated Rejection at a Psychological Barrier Bitcoin continues to struggle beneath the $70,000 threshold, a level that has repeatedly capped upside attempts throughout February. After briefly reclaiming momentum following cooler inflation data, the cryptocurrency has failed to sustain gains above this psychological barrier. Each rally attempt has encountered concentrated selling pressure. Market participants now view…
