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Bitcoin News / Bitcoinist - 1 day ago

50% Of All Bitcoin In Circulation Are Now Sitting On Major Losses, Is This A Bottom Signal?

Bitcoin may be flashing one of its most closely watched contrarian signals. With more than 10 million BTC now held below their acquisition cost, a growing portion of the market is underwater. According to recent on-chain observations highlighted by a...

Bitcoin News / Bitcoinist - 1 day ago

Strategy Sold Bitcoin, Now Metaplanet Is Down 47% — Who Sells Next?

Metaplanet, Japan’s largest publicly traded Bitcoin treasury company, is considering a share repurchase program to defend and maximize its Bitcoin yield per share — a capital allocation mechanism that automatically activates when the company...

Bitcoin News / Bitcoinist - 1 day ago

The Higher Bitcoin Goes, The Less Institutions Want It? Coinbase Executive Weighs In

Institutions that bought Bitcoin at $100,000 and $125,000 are showing even greater interest now that prices have dropped to around $60,000, according to Coinbase Head of Institutional Strategy John D’Agostino. He made the remarks in a recent i...

Bitcoin News / Bitcoin.com - 1 day ago

Coinbase’s D’Agostino: Governments and Family Offices Are ‘Happy’ to Buy Bitcoin at a Discount

Coinbase strategist John D’Agostino says the world’s biggest buyers aren’t panicking over bitcoin’s slide, with sovereign wealth funds and family offices being more than “happy” to scoop up the asset at a discount. Why Institutions Aren’t Flinching a...