The crypto market is bleeding, and the charts are not pulling punches. The Cardano price has shed over 30% in a week, sliding to its lowest level since 2020. Likewise, the Solana price is pinned below key moving averages after a sharp rejection near $98 left bulls scrambling for ground. As a result, traders seeking […]
Category: News
Key highlights: Glassnode data shows corporate Bitcoin purchases have fallen from more than $500 million per day to nearly zero. The slowdown comes as Bitcoin treasury firms face mounting unrealized losses and weaker institutional demand. Corporate Bitcoin buying is losing momentum One of Bitcoin’s biggest growth drivers this year may be starting to lose momentum. […]
Key highlights: Fold sold $45 million worth of Bitcoin to repay debt and strengthen its balance sheet. Unlike many treasury firms, Fold used Bitcoin gains to improve liquidity while maintaining substantial BTC exposure. Fold cashes in part of its Bitcoin treasury Fold Holdings has sold approximately $45 million worth of Bitcoin as part of a […]