TIGER RESEARCH TURNS MORE BULLISH ON BITCOIN Tiger Research says it is becoming more constructive on Bitcoin, arguing the market is likely in the final stage of its bear cycle. The firm believes most of the selloff has already occurred, with any further weakness likely limited. It expects the next cycle to be driven by improving liquidity, institutional adoption, and expanding monetary demand. *Walter Bloomberg (@DeItaone) / Twitter 07-03 01:56
BITCOIN RISES DESPITE ETF OUTFLOWS Bitcoin climbed above $60,000, but spot Bitcoin ETFs continued to see net outflows, totaling $296 million on Wednesday. Crypto sentiment improved as CoinMarketCap's Fear & Greed Index rose from "Extreme Fear" to "Fear." Ethereum, XRP, and Solana also posted solid gains to start the third quarter. *Walter Bloomberg (@DeItaone) / Twitter 07-03 00:46
CRYPTO STOCKS RALLY AS BITCOIN CLIMBS Bitcoin hit a one-week high, lifting crypto-related stocks: • $MSTR: +9.8% • $COIN: +8.0% • $MARA: +4.0% • $HUT: +1.0% • $IBIT: +3.3% *Walter Bloomberg (@DeItaone) / Twitter 07-02 22:44
HYPERSCALE DATA BUYS 67 BITCOIN BRINGING BITCOIN TREASURY TO APPROXIMATELY 849 BITCOIN *Walter Bloomberg (@DeItaone) / Twitter 07-02 19:00
$MSTR - CITI CUTS STRATEGY TARGET TO $136 Citi lowered its price target on Strategy to $136 from $260 but maintained a Buy rating. The firm cut its 12-month Bitcoin forecast to $81,800, citing lower expected BTC gains. Citi said Strategy's updated capital plan strengthens liquidity and should provide more time for the company to stabilize. *Walter Bloomberg (@DeItaone) / Twitter 07-01 21:13
BITCOIN HIT BY RATE, STRATEGY CONCERNS Bitcoin remains under pressure as expectations of higher U.S. interest rates weigh on sentiment. Investors are also reacting to reports that Strategy may sell Bitcoin to raise cash, despite previous comments from Michael Saylor. Analysts say capital continues to rotate from crypto into AI and semiconductor stocks. *Walter Bloomberg (@DeItaone) / Twitter 07-01 21:07