Bitcoin ‘increasingly unlikely’ to see prolonged correction: 21Shares

Bitcoin isn’t likely to enter a downtrend anytime soon, with strong fundamentals supporting its current trajectory, says a researcher at crypto product provider 21Shares. “The structural imbalance between surging demand and a rapidly vanishing supply base makes a prolonged correction increasingly unlikely,” 21Shares crypto research strategist Matt Mena told Cointelegraph. “There are far more positives…

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LQWD Increases Bitcoin Holdings to 238.5 BTC, Achieves 54.6% BTC Yield YTD 

 LQWD Technologies Corp., a Canadian-based Bitcoin infrastructure company, has announced the acquisition of an additional 57.5 Bitcoin for approximately $6.8 million at an average price of $118,162 per Bitcoin.  Following the purchase, LQWD now holds approximately 238.5 Bitcoin in its treasury, valued at roughly $17.98 million with an average acquisition price of $75,331 per BTC….

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Kazakhstan Considers Investing National Reserves in Bitcoin

Today, local media reported that Kazakhstan is considering investing its national reserves, including gold and foreign currency, into Bitcoin and other cryptocurrencies. According to a translation to English, the Head of the country’s national bank Timur Suleimenov said, “We have an alternative portfolio for our gold and foreign exchange reserves and an alternative portfolio for…

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Bitcoin Price Trajectory To $155,000: Why No Major Dips Are Expected From Here

The Bitcoin price is once again commanding the spotlight as bullish momentum propels the leading cryptocurrency to new all-time highs. With the price already breaking past the $122,000 mark, analysts are growing increasingly confident in the potential for even higher targets. A recently shared chart analysis by market expert CrediBull Crypto suggests that the current…

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5 Free Metrics Every Bitcoin Investor Needs

Bitcoin investing can be as straightforward or as complex as you choose. Yet, by utilizing a few free and powerful metrics, investors can gain a considerable edge over the average market participant. These tools, available for free, simplify on-chain analysis and help strip away emotional decision-making. Realized Cap HODL Waves The Realized Cap HODL Waves…

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Schiff says sell Bitcoin for silver as $258K target looms: Hodler’s Digest, July 6 – 12

Top Stories of The Week Grayscale calls out SEC delay of Digital Large Cap Fund ETF listing Attorneys for digital asset manager Grayscale pushed back against the US Securities and Exchange Commission’s (SEC) delay on approving its Digital Large Cap exchange-traded fund (ETF) in a letter sent on Tuesday. The SEC’s Division of Trading and…

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