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The post Bitcoin’s debasement trade hits a contradiction as MARA sells $1.5 billion while JPMorgan calls it the new gold appeared on BitcoinEthereumNews.com. Bitcoin has climbed roughly 30% over the past two months, from a February low near $62,000 to around $80,621 by May 12, helped by renewed interest in assets seen as resistant to currency debasement. Bitcoin price chart | Source: Tradingview The rally has revived an old debate. Can Bitcoin actually behave like gold during periods of fiscal stress, or is it still mainly a speculative trade? The contradiction is now sitting inside the Bitcoin treasury cohort itself. The largest publicly traded Bitcoin miner is selling into the rally rather than accumulating. What MARA’s earnings revealed MARA Holdings sold 20,880 Bitcoin worth $1.5 billion in Q1 2026 to retire debt and fund its AI infrastructure pivot, per its May 12 earnings disclosure. The company used $1 billion of the proceeds to retire roughly 30% of its convertible debt, reduci
Read full articlePersistent inflation and steady interest rates may shift investor preference towards traditional assets, challenging Bitcoin's inflation hedge status. The post Hot inflation data dims Federal Reserve rate cut prospects, Bitcoin slips 1.2% appeared first on Crypto Briefing.
There are two conditions for a recovery to $82K: exchange netflows returning negative and leveraged long liquidation pressure cooling.
While the rest of the industry adds crypto payments as an afterthought, Cloudbet has run on Bitcoin since 2013 — and its growing library of provably fair Originals is what that actually looks like in practic
U.S.-listed spot Bitcoin ETFs recorded their largest single-day outflows in four months on Wednesday as rising inflation concerns and weakening risk appetite pressured crypto markets. According to data from SoSoValue, the 12 spot Bitcoin ETFs in the U.S. recorded roughly…
Citigroup's strategy highlights growing institutional interest in crypto, signaling potential shifts in financial markets and investment approaches. The post Citigroup boosts Bitcoin exposure with $41.2M in Strategy shares appeared first on Crypto Briefing.
BitGo’s headline revenue figure doubled year-over-year to $3.8 billion, but a Bitcoin price decline and IPO-related costs pushed net losses to $60.7 million in the first quarter.
Traders cashed out nearly $1.2 billion worth of Bitcoin in a single day last week — a sign that the recent recovery may be running out of steam. Related Reading: XRP Bulls Gain Momentum As ETF Inflows Reach Multi-Month High On May 4, investors sold 14,600 Bitcoin, pushing daily realized profits to their highest point since early December. According to CryptoQuant, that kind of selling spike during a bear market rally has historically marked a local price top. A Rally Under Pressure Bitcoin climbed roughly 37% over six weeks, rising from $66,000 in early April to briefly touch $82,380. That level lines up with the cryptocurrency’s 200-day moving average — a technical marker that proved to be a wall during the 2022 bear market. Back then, Bitcoin hit that same average in March before sliding further into a prolonged decline. CryptoQuant’s latest research draws a direct line between that episode and today’s setup. Unrealized profits among traders also spiked during the recent run-up. On M
The gap between BNB and XRP is almost $2 billion now after the latter's latest rejection.
