Bitcoin News
'Wall Streetization' of Bitcoin: BTC Volatility Index and the S&P 500 VIX Boast Record 90-Day Correlation
The correlation between BTC's implied volatility indices and the S&P 500 VIX recently hit a record 0.88.
Ether, XRP Traders Book Bigger Losses Than Bitcoin as Crypto Bulls See $630M in Liquidations
Large long liquidations often signal panic bottoms, while short liquidations may precede a squeeze.
The Node: Tim Draper on Bitcoin’s Gravitational Pull
Billionaire venture capitalist Tim Draper first invested in bitcoin at $6 — and he’s still super bullish on the digital asset. We chatted about it last week.
Square Begins Rollout of Bitcoin Payments for Sellers, Targets Full Availability by 2026
Payments are settled in real-near time using Bitcoin layer-2 Lightning, with Square processing the exchange into fiat
XRP's July Uptrend Threatened as Bitcoin's $120K Price Resistance Holds
XRP breaks the July uptrend line as BTC's MACD hints at a bearish shift in momentum.
Asia Morning Briefing: The First AI vs BTC Environmental Impact Numbers are Here. And it Might Start a New Debate
Bitcoin’s environmental footprint dwarfs that of large language models across every metric, from CO₂ emissions to water use to mineral depletion. But comparisons need context.
The Node: JPM’s BTC Lending Play
One of the trends that I’m keeping an eye on is the growing availability of bitcoin-backed loans. Let’s check in on the sector real quick.
XRP Hits All-Time High Before Forming Bearish Double Top Pattern, Ether Prints 'Doji'
ETH prints a Doji on the daily chart as XRP teases a double top on intraday charts.
SpaceX Wallet Springs to Life With $153M Bitcoin Transfer, First Move Since 2022
This is the first recorded outbound transfer since June 10, 2022, when it moved 3,505 BTC (worth some $102 million at the time) to Coinbase.
Trump Media's $2B Bitcoin Buy Challenges Halving Cycle Wisdom of BTC Peaking in 2025
Trump Media's BTC purchase is likely a signal of impending macroeconomic tailwinds.
