No Data
Express News | U.S. Congress Pushes to Establish a Cryptocurrency Theft Enforcement and Coordination Task Force
Express News | Most crypto funds believe Bitcoin has not yet reached its bottom, and the market trough may form by late Q3 to early Q4.
Galaxy: Bitcoin may not have hit bottom yet—where could it fall next?
This report indicates that Bitcoin’s 'four-year cycle' may still persist, but with diminishing volatility. Market and on-chain data suggest that BTC has not yet reached its bottom, and the article outlines several potential scenarios for a market bottom.
Analysis: Bitcoin traders should monitor the Bank of Japan's interest rate hike, as yen short positions have reached a nine-year high.
PANews, June 15 — According to CoinDesk, Bitcoin traders should pay attention this week to the Bank of Japan's interest rate decision on Tuesday. As of the week ending June 9, leveraged funds held speculative short positions in the Japanese yen amounting to over 115,000 contracts—the highest level since November 2017. If the Bank of Japan raises rates as expected to 1% and signals further tightening, these short positions could be unwound, triggering a rally in the yen and disrupting yen-funded carry trades. Carry trade investors borrow yen to invest in higher-yielding risk assets—a practice that has fueled Wall Street and bond market rallies for years and is also seen as having supported the crypto market.
ETFs are just the entry ticket: Bitcoin’s true institutionalization is happening where you can’t see it.
Bitcoin has long since ceased to be just an ETF—it is now the new infrastructure underpinning insurance reserves, rated bonds, and institutional collateral.
Cryptocurrency funds generally believe that Bitcoin has not yet reached its bottom, and no one expects it to break above $100,000 by year-end.
PANews, June 15 — According to The Block, The Funding interviewed multiple crypto funds regarding their views on whether the market has reached its bottom. Most investors believe Bitcoin could continue to decline. A partner at Finality Capital expects the true bottom to occur by the end of Q3 or early Q4, while an executive at Digital Asset Capital Management expressed a 'relatively neutral' stance on the next 12 months. The founder of Hypersphere Ventures stated, 'There is widespread bearish sentiment toward crypto,' citing AI,