opinion

James Check, lead on-chain analyst at Glassnode, wrote on his X that “Bitcoin selling pressure has decreased dramatically compared to two months ago. This is due to more long-term investors wanting to hold BTC,” he said. “The Value Days Destroyed (VDD) multiples have cooled down over the past few weeks,

“The U.S. Securities and Exchange Commission (SEC) has been recklessly abusing wellsnotes (notices to potential litigants seeking clarification) against the crypto industry in recent months,” said Jake Chervinsky, chief legal officer at cryptocurrency specialist Variant, according to The Block. “The number of Wells Notices the SEC has sent to

According to Cointelegraph, Arthur Hayes, co-founder of global cryptocurrency exchange BitMEX, said, “I think bitcoin has bottomed with the recent decline. “I think Bitcoin has bottomed out from the recent decline, and I think we're going to see a gradual recovery through August, with the price hovering in

“The U.S. Securities and Exchange Commission (SEC) will classify Ethereum (ETH) as a security and deny approval of spot ETFs applied for by a number of asset managers,” Michael Saylor, CEO of Microstrategy (NASDAQ: MSTR), the largest single holder of BTC outside of bitcoin spot ETFs, said at a

Noted crypto analyst Michaël van de Poppe tweeted on his X that “BTC has dropped about 7% in the last two weeks. It may take some time to recover.” “For Bitcoin, it's going to take some time. “There could be another 5-10% correction, but from here, altcoins will

Bloomberg ETF analyst Eric Balchunas reports via X that “final data from the first day of Hong Kong's cryptocurrency spot ETFs are in. Hong Kong crypto spot ETFs saw total inflows of $292 million on the first day. Ethereum spot ETF inflows accounted for 15% of that total.