By Wayne Jones Combined institutional flows across spot Bitcoin ETFs, stablecoins and the world’s largest corporate holder of BTC, Strategy, have swung to a record $8 billion in net outflows in the last 30 days, according to analysis published by BIT on June 22. The scale of the reversal went beyond the mere slowing down […]
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By Wayne Jones Bitcoin (BTC) could move above $90,000 and revisit its all-time high of around $126,000, BitMEX co-founder Arthur Hayes said. He says the aggressive spending by governments and banks to fund AI infrastructure, as well as military spending and energy security projects, has helped fuel the crypto bull market. Hayes Ties Bitcoin Outlook […]
By Wayne Jones Fundstrat’s Tom Lee has said that Bitcoin passed a major test after it rallied over the weekend while oil prices surged due to the ongoing conflict in the Middle East. According to him, the price action was a sign that the massive deleveraging from last October is finally behind the market, allowing […]