Analysis Archive – Page 52

More Bitcoin Is Underwater Than in Profit for the First Time This Drawdown
Glassnode data shows 10.83M BTC held at a loss versus 9.22M in profit, a crossover that has historically marked late-stage bear market conditions.

Bitcoin ETFs Take In $221.7M, Snapping a 10-Day, $2.7B Outflow Streak
US spot Bitcoin ETFs posted $221.7M in daily inflows on July 3, their strongest day since early May. Fidelity's FBTC led while BlackRock's IBIT kept bleeding.

K Wave Media Sells Every Bitcoin It Owned and Pivots to AI
Nasdaq-listed K Wave Media has sold all its Bitcoin, ending a 10,000 BTC treasury plan and redirecting $485M toward AI data centers and GPU computing.

Riot Platforms Moves 500 BTC to NYDIG Custody, Signaling a Possible Sale
Riot Platforms deposited 500 BTC worth $30.7M into NYDIG custody on July 3, a move on-chain watchers read as a sale setup with Bitcoin at $61,339.

Russia Sets a September 1 Launch Date for the Digital Ruble
Bank of Russia Governor Elvira Nabiullina says the country is ready to launch its digital ruble CBDC on September 1, moving from pilot to a nationwide rollout.

Europol Cracks 500 BTC From an Irish Drug Trafficker's Stash
Europol says it supplied decryption resources to help Irish police recover 500 more Bitcoin from convicted trafficker Clifton Collins. The seizure signals sharper state crypto-forensics.

Trump Cleared $1 Billion on Crypto as Retail Buyers Took Losses
A WSJ investigation says President Trump earned about $1 billion from crypto ventures while many retail buyers of his tokens lost money. Here is the breakdown.

VALR Builds Perpetuals on Hyperliquid, a First for Any CEX
Africa's largest crypto exchange VALR has launched a perpetuals product built directly on Hyperliquid, the first time a centralized exchange has done so.

Weak US Jobs Data Lifts Bitcoin Toward $70K as Rate Fears Ease
A softer US jobs report cooled rate-hike worries and pushed Bitcoin back above $61K. Here is the macro read and why traders are eyeing $70,000.

Ledger Joins Open USD as a Launch Partner With Clear Signing
Ledger is a launch partner for the Open USD stablecoin, bringing device-level Clear Signing to a new dollar token held in self-custody rather than by a third party.
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