Posts

Showing posts with the label cryptocurrency sector

Bitcoin: US Missed Out On $21B From Its BTC Sales Since 2014

Image
There is no denying that 2025 has been a groundbreaking year for the cryptocurrency sector. That has especially been true for the leading crypto by market cap. Amid Bitcoin’s record-setting year, the US has reportedly missed out on $21 billion from its BTC sales that have taken place since 2014. The United States has not been keen to hold onto Bitcoin for any length of time. At least, that was the case under the prior administration. Now, it is coming to light just how much capital was missed out on by the country opting to forgo any kind of BTC-related strategy and simply selling the asset. Vice President JD Vance Speaking at 2025 Bitcoin Conference – Source: nevadacurrent.com Also Read: Hong Kong’s Reitar Logtech Plans to Acquire $1.5 Billion Bitcoin US Bitcoin Sales Left $21 Billion on the Table Amid Country’s Crypto U-Turn The United States is currently caught in a concerning position of fragility. The national debt has grown to unprecedented levels, reaching $36 t...

Latest Market Overview 21st Aug: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

Image
Inflows into spot Bitcoin ETFs remain strong, indicating that long-term market investor confidence is unshaken. Despite Bitcoin struggling to maintain levels above $60,000, investors continue to buy into spot Bitcoin ETFs. Data from Farside Investors reveals that since August 7, there have only been two days of outflows, suggesting that the current price is a long-term buying opportunity. Technical analyst SuperBro notes that historically, Bitcoin tends to bottom out in July or August during U.S. presidential election years, followed by a sharp rally after the elections. If this pattern holds true, Bitcoin could potentially reach a new all-time high in November. Crypto market data daily view. Source:  Coin360 The Bitcoin market needs a solid pick-up in demand soon to push it above the all-time high, but the Bitcoin whales do not seem to be supportive. Onchain analytics firm CryptoQuant said that Bitcoin whales have reduced their buying pace since an all-time hi...