Bitcoin treasury bear market ‘gradually’ ending as renowned short seller closes MSTR/BTC positionBitcoin treasury companies see renewed optimism as renowned short seller James Chanos closes his high-profile MSTR/BTC short after 11 months.
Happy Monday!Bitcoin’s outlook is gaining fresh momentum as key market signals emerge: a renowned short seller exits his long-held MSTR/BTC position, signaling a possible end to the treasury bear market; BlackRock maintains a bullish stance, citing Bitcoin’s growing adoption and liquidity; and BTC faces a crucial resistance at $106K that could delay the bear market if surpassed. Dive into today’s top stories for the latest insights. The global crypto market cap is $3.55 trillion, with a 24-hour volume of $170.79 billion. The price of Bitcoin is $105,012.63, and BTC market dominance is 59.3%. The price of Ethereum is $3,529.66, and ETH market dominance is 12.0%. The best-performing sector is Jobs, which gained 6%. The Crypto Fear & Greed Index is currently Extreme Fear (29). 📰 Top News
Bitcoin treasury bear market ‘gradually’ ending as renowned short seller closes MSTR/BTC positionBitcoin treasury companies see renewed optimism as renowned short seller James Chanos closes his high-profile MSTR/BTC short after 11 months. Why BlackRock remains bullish on Bitcoin despite recent price slowdownBlackRock frames Bitcoin’s adoption, liquidity depth, and legacy system decline as drivers of long-term strategic value. Bitcoin at critical test: If BTC breaks above $106k, bear market could be postponedBitcoin has returned to its most important pivot point after weekend rally: What happens next? 🗞️ More NewsAre You Missing Signals That Don’t Make the News?Sign up for the free Crypto Investor Blueprint: A 5-Day Course On Bagholding, Insider Front-Runs, and Missing Alpha. What is CryptoSlate?CryptoSlate is a comprehensive and contextualized source for crypto news, insights and data. Since 2017, CryptoSlate has been a go-to destination for the fast-moving and nascent digital assets space. Our coverage focuses on Bitcoin, Ethereum, macro, DeFi, AI, and web3. Our goal is to provide an all-encompassing overview of the crypto asset market and the technological trends shaping it. Our mission at CryptoSlate is to decode the complexity of digital assets and showcase their potential to transform society by providing accessible, reliable information and analysis. We're committed to differentiating our news coverage by telling original stories and providing alternative points of view. Questions, Comments?Get in touch with us here. Connect with UsTelegram • X • Google News • LinkedIn • Instagram
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