Will Bitcoin Price Recover in July?

Bitcoin (BTC) is heading for its worst monthly loss since mid-2022, with BTC down roughly 18.5% in June as price struggles to hold the psychological $60,000 support level. BTC/USD monthly chart. Source:... Read more »

Anthropic Could Become the Most Valuable Software Company in History. These Stocks Have Exposure to the AI Giant.

Anthropic confidentially submitted its draft S-1 filing to the U.S. Securities and Exchange Commission (SEC) on June 1, paving the way for a potential initial public offering (IPO). The company behind Claude,... Read more »

Bitcoin Chases New Lows As ETF Outflows, Strategy’s Slump Spook Traders

Key takeaways: Cooling oil prices and a multi-month high for the US dollar are keeping intense pressure on non yield-bearing assets.Spot Bitcoin ETF outflows paired with Strategy’s slowest buying pace in 18... Read more »

Grayscale’s Pandl Says Strategy’s $3B Bitcoin Sale Could Restore Confidence

Zach Pandl, head of research at Grayscale, said he hopes Strategy will sell at least $3 billion in Bitcoin to cover most of the company’s cash obligations for the next two years.... Read more »

Bitcoin UTXO Signal Points to Bear Market Bottom

Analysis of Bitcoin unspent transaction outputs (UTXOs) shows that investors are capitulating, a pattern that has historically coincided with bear market bottoms.  The ratio of the number of UTXOs spent in profit... Read more »