Categories: Bitcoin Latest News

Bitcoin Primed for ‘Supply Shock’ as Exchange Balance Drops to 5-Year Low, Analyst Says

A spot ETF approval could fundamentally alter bitcoin’s supply and demand dynamics as professional investors would allocate to BTC as an uncorrelated asset, Forex.com’s Matt Weller told CoinDesk TV.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

Recent Posts

Live markets: bitcoin on sidelines as markets surge on Iran peace hopes

Oil prices and bond yields have opened the week sharply lower following President Trump's weekend…

34 minutes ago

Strive (ASST) Buys 1,109 Bitcoin, Lifts Holdings to 16,500 BTC

Bitcoin Magazine Strive (ASST) Buys 1,109 Bitcoin, Lifts Holdings to 16,500 BTC Strive (ASST) added…

34 minutes ago

Strategy (MSTR) Retires $1.5 Billion in Convertible Debt at a Discount, Bitcoin Holdings Hit 843,738 BTC

Bitcoin Magazine Strategy (MSTR) Retires $1.5 Billion in Convertible Debt at a Discount, Bitcoin Holdings…

2 hours ago

Bitcoin demand gauge sinks to worst level since December as spot buying weakens

CryptoQuant’s 30-day apparent demand indicator is negative, signaling that buyers aren’t absorbing the available supply…

3 hours ago

Strive acquires 1,109 bitcoin, raising total holdings to 16,500 coins

ASST climbs 133% in three months as Strive grows holdings to 16,500 BTC and explores…

3 hours ago

Bitcoin’s Worst Outflow Week Of The Year Just Happened — And The Timing Is Alarming

Digital asset investment products shed $1.47 billion in a single week — the second consecutive…

3 hours ago