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Investors are expanding their crypto horizons

In today’s newsletter, Glenn Williams Jr of ProShares writes about growing investments in cryptocurrencies outside of bitcoin. Then Michael Sena of Recall Labs answers questions about portfolio construction and diversification in Ask an Expert. – Sarah Morton Investors are expanding their crypto horizons As the number of cryptocurrencies has grown, so has investors’ appetite for […]

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Deutsche Bank (DB) says bitcoin’s (BTC) selloff signals a loss of conviction, not a broken market

German lender Deutsche Bank (DB) says bitcoins BTC$70,407.52 the latest slide is less about a single macro shock and more about a slow erosion of conviction across institutional and regulatory fronts. In a Wednesday note, the bank argued that three forces are weighing on the asset: persistent institutional outflows, a breakdown in bitcoin’s traditional market

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EU risks falling behind US in tokenisation, digital asset firms warn

The race to modernize capital markets with blockchain is heating up — and Europe could blow its early lead to the United States, a group of blockchain firms warned in a letter Thursday. Eight EU-regulated digital asset firms – Securitize, 21X, Boerse Stuttgart Group’s Seturion, Central Securities Depository, Lise, OpenBrick, STX and Axiology – are

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GlobalStake Rolls Out Bitcoin Yield Gateway As Institutions Revisit BTC Yield

Institutional attitudes toward bitcoin dividends are beginning to shift, and there is now renewed interest in BTC rewards after years of skepticism fueled by smart-contract risk, leverage and opaque strategies, GlobalStake co-founder Thomas Chaffee told CoinDesk on Thursday. Products that allow users to earn a return on their bitcoin holdings often require BTC to be

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Bitcoin’s (BTC) 21 Million Supply Cap Won’t Help Stop Selloff: Crypto Daybook Americas

By Omkar Godbole (All times ET unless otherwise noted) With bitcoins BTC$69,270.10 bear market raging and prices falling to their lowest since November 2024, its core pitch, a hard cap of 21 million supplies, is facing fresh skepticism. Some observers say alternative investment vehicles like ETFs, cash-settled futures and options and other services like prime-broker

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‘Big Short’ Michael Burry Flags Bitcoin Pattern Predicting Drop to Low $50,000s

Perma bears, like their hyper bullish counterparts, love to shoehorn into the chaos to support their gloom. Take Michael Burry, the “Big Short” oracle of doomsday call fame, who is now comparing bitcoin’s ongoing bear market to the brutal 2022 plunge, suggesting ominously that this crash has legs that run much deeper. In a post

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Miners pressured as bitcoin’s $70,000 price doesn’t cover $87,000 production costs

Bitcoin BTC$71,091.27 is now approx. 20% below estimated average production costs, increasing financial pressure across the BTC mining sector. The average price to mine a bitcoin is around $87,000 according to data from Checkonchain, while the spot price has fallen towards $70,000. Historically, trading below production costs has been a hallmark of a bear market.

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Stifel predicts bitcoin (BTC) price drop to $38,000. Yes, you read that right.

The race is on among analysts to predict how far bitcoin BTC$71,493.69 could fall, with target prices falling further each day. The latest to jump in is Stifel, a leading full-service financial services firm headquartered in St. Louis, Missouri. Analysts at the 136-year-old company predict the bitcoin price could crash to as low as $38,000.

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