Data shows spot Bitcoin ETF inflows are largely unhedged, pointing to real institutional investor conviction and BTC’s growing role as a macro-driven financial asset. Key takeaways: Avenir Group and Glassnode data conclude that a significant portion of spot BTC ETF inflows are unhedged, long-only positions, indicating genuine institutional conviction rather than reliance on short-term arbitrage strategies. BTC continues to behave like a traditional macro asset with strong correlations to equities, gold and liquidity cycles, while inversely tracking the dollar and high-yield credit spreads. Read more
Bitcoin bulls appear poised to win the upcoming $20 billion options expiry, raising the chances for a rally to $110,000. Key takeaway: Bitcoin bulls aim to secure the $105K support as $20B in monthly options expire on Friday. Bitcoin (BTC) traders are closely watching the $20 billion monthly options expiry set for Friday. Although Bitcoin is down 1.5% over the past 30 days, traders who used options to hedge against downside risk were already bracing for a steeper decline. Read more
A sharp drop in BTC inflows to Binance could play a role in Bitcoin possibly rallying to $120,000. Key takeaways: Bitcoin inflows on Binance have dropped to 5,147 BTC, less than half of previous bear market levels, despite BTC trading above $105,000, signaling a possible decline in short-term selling pressure. Bitcoin has reclaimed its 50-day EMA, historically a signal for breakout rallies. Technical indicators, including rising spot CVD, point to strong spot demand and potential upside toward $120,000. Read more
Cointelegraph investigates how public companies are fueling Bitcoin’s rise with a high-stakes strategy that could supercharge the bull run or trigger the next crash. They’re being called “infinite money machines” by some, and “a ticking time bomb” by others. Welcome to the world of Bitcoin treasury companies, publicly traded firms that are rewriting the rules of corporate finance by converting capital into Bitcoin. These companies are leveraging gains to boost their stock price, and using momentum to buy even more Bitcoin (BTC). It’s a cycle that, so far, has been wildly profitable. At the heart of this movement is Strategy — formerly MicroStrategy — which holds more than 590,000 BTC valued at over $60 billion. The company has become one of the most prominent corporate holders of Bitcoin. And it’s not alone. Over 130 companies have added the cryptocurrency to their balance sheets, and the number keeps growing. Read more
The head of the FHFA said his agency is considering how Bitcoin is counted in qualifying for a mortgage. The US federal home loan regulator is looking into how crypto holdings could help mortgage seekers qualify for home loans. The move comes amid a decline in the number of mortgage applications in recent years as the US experiences a housing crisis. In a statement on X on June 23, Bill Pulte, head of the Federal Housing Finance Agency (FHFA), said his agency will “study the usage of [sic] cryptocurrency holdings as it relates to qualifying for mortgages.” Homeownership has remained relatively stable over the last 50 years in the US, with around 62% of the population owning homes. However, the number of new applicants has seen a sharp decline in recent years. Read more
Bitcoin’s price moves closer to its all-time high, but liquidity shortage could trigger a breakout toward $165,000. Key takeaways: Bitcoin is up 10% to $108,200 from $98,400 local lows, reclaiming key support. Bitcoin’s bull pennant on the daily chart targets 54% gains to $165,000. Read more
Bitcoin is creating a new paradigm as an emerging financial asset; several investors are contemplating a shift to adopting the asset for higher returns. Historically, sovereign bonds like the US Treasurys, Japanese government bonds and German Bunds have been go-to assets for risk-averse investors. They are usually perceived to be minimal-risk assets offering steady returns. However, since the emergence of Bitcoin 13 years ago, the narrative of Bitcoin as an alternative to bonds has been gradually growing in the minds of investors. The interplay between the Federal Reserve’s balance sheet and the M1 and M2 money supply is also a significant consideration to help understand why some investors are shifting to Bitcoin (BTC). Read more
Bitcoin delivers a textbook liquidity grab, while traders eye a potential BTC price showdown with all-time highs next. Key points: Bitcoin performs an anticipated $108,000 liquidity grab as shorts get punished. BTC price targets include a return to all-time highs in the short term. Read more
Bitcoin recovers as the Coinbase premium soars, but retail investors’ inflows are rising at Binance, and open interest is falling, proving that traders remain cautious. Key takeaways: The Bitcoin Coinbase Premium Index hit its second-highest level in 2025, highlighting sustained US investor interest. Binance’s retail inflow percentage reached a two-year high, with a sharp increase in 0–1 BTC exchange deposits, hinting at active retail trading or profit-taking behavior. Read more
If Bitcoin continues to tumble this season, it will mark its fourth consecutive summer in the red, while TradFi aims to extend its winning streak to three. Bitcoin is facing a potential fourth straight summer loss if it ends the 2025 stretch in the red, while the S&P 500 will log its third straight seasonal rally if its winning streak continues. From 2020 to 2024, the S&P 500 logged eight positive July and August performances, while Bitcoin (BTC) had six. So, while their summer trends aren’t entirely decoupled, the divergence has become clear in June. Since 2020, Bitcoin has posted just one positive June, while the S&P 500 has seen only two negative ones over the same span. A closer look at the past few years shows that Bitcoin’s summer slumps have less to do with seasonal patterns and more to do with crypto-native shocks and economic trends, such as China’s mining ban, halving cycles and post-COVID inflation. Read more
Bitcoin bullish catalysts are multiplying amid a Middle East ceasefire and new hopes of an earlier-than-expected Fed rate cut. Key points: Bitcoin holds Middle East ceasefire gains as $103,000 becomes the new area of interest for “buying the dip.” Institutional BTC inflows hold firm despite geopolitical uncertainty. Read more
Institutional Bitcoin allocation is on the rise, while retail BTC holdings are falling in favor of altcoins with a strong ETF approval chances, such as XRP. Bitcoin exposure is increasing in cryptocurrency portfolios, driven by more innovation-friendly US crypto regulations and growing institutional adoption triggered by the introduction of spot Bitcoin exchange-traded funds (ETFs), according to a new report from Bybit. Bitcoin (BTC) accounts for about one-third of investor portfolios, or 30.95% of total assets as of May, up from 25.4% in November 2024. This makes Bitcoin the largest single asset held by cryptocurrency investors, the report said. Meanwhile, the Ether (ETH)-to-Bitcoin holding ratio plunged to a 2025 low of 0.15 at the end of April, before recovering to the current 0.27. Read more
Bitcoin bounced to $106,000 as traders bet on higher chances of Fed interest rate cuts due to tensions in the Middle East. Key takeaways: Bitcoin swiftly rebounded to $106,000, signaling firm institutional investor demand despite growing global unrest. A sharp 8% drop in Bitcoin’s hashrate raised concerns over mining stability amid Middle East tensions. Read more