103K Bitcoin has been added to OTC desk wallets in the past six weeks.
The rising balance and falling market price suggest they haven't found a buyer yet. Source: Cryptoquant
Bitcoin is back to the lower end of this range
$BTC plunges >5% as funds see most outflows over 2 weeks since ETF approval. Bitcoin investment products saw ~$600mln in outflows for a 2nd consecutive week. Source: J-C Parets, HolgerZ
The Great Bitcoin Crash of June 2024.
Source: John Osterman
What a legend...
#humor
The Nasdaq 100 and Bitcoin have moved in tandem for the past 4+ years.
With the recent Tech rally, the Nasdaq is showing its largest divergence versus Bitcoin during this time frame. Will we see bitcoin catch up or Tech catch down? Source: David Marlin
MicroStrategy has acquired an additional 11,931 BTC for ~$786.0M using proceeds from convertible notes & excess cash for ~$65,883 per bitcoin
Here's how these things are doing since Michael Saylor microstrategy $MSTR started buying bitcoin $BTC Source: J-C Parets
Bitcoin distribution.
Source: Brian De Mint
s de-dollarisation (or at least attempts of de-dollarisation) accelerating?
=> Saudi Arabia ditches US dollar and will NOT renew the 50 year 'petro-dollar' agreement with the United States. Saudi Arabia will now sell oil in multiple currencies, including the Chinese RMB, Euros, Yen, and Yuan, instead of exclusively in US dollars. => Russia's Moscow Stock Exchange suspends all trading in $USD & $EUR => El Salvador securities market launching on liquid with trading pairs in Bitcoin Source: radar, Global Times
