Today's News‼️
⭕️ Total BTC ETF flow: +$31.0M (BlackRock);
⭕️ Total ETH ETF flow: +$17.1M (BlackRock, 21Shares);
⭕️ Total SOL ETF flow: +$7.7M (Bitwise);
⭕️ Total HYPE ETF flow: $0M;
🔴 Spark, a Bitcoin Layer-2 payment protocol, has allocated a total of $210 million for institutional lending backed by BTC collateral, in partnership with Anchorage Digital;
🔴 Short-term holders (STHs) panic at the slightest price drop. Bitcoin fell by just $3,000, yet that was enough for STHs to send nearly 23,000 BTC to exchanges at a loss. Selling at a loss dominated the flows over the past 24 hours. Nevertheless, 14,300 BTC were sent to exchanges at a profit.
🔴 On-Chain Mind: The Mayer Multiple—one of the most popular Bitcoin valuation metrics—sits at the 59th percentile historically. It is almost perfectly in the middle of the range: neither cheap nor overheated;
🔴 Some experts, comparing Bitcoin's price action to 2015 data and applying the Sharpe ratio, suggest a potential 22% price correction;
🔴 A Cointelegraph Research backtest using data from 2015–2025 showed that a traditional 60/40 portfolio (stocks and bonds) yielded an annual return of 8.96%, whereas a portfolio with a 5% BTC allocation returned 16.39% annually; 🔴 Blockchain(com) plans to raise $500 million in an IPO at a valuation of $4–6 billion (Bloomberg);
🔴 Coinbase has received CFTC approval to register Coinbase Clearing LLC as a derivatives clearing organization;
🔴 Polymarket is launching "15-minute BTC markets" in its app for US users;
🔴 JPMorgan traders have turned bullish on US stocks ahead of the jobs report release;
🔴 A sharp contrast is evident between low stock volatility and rising tension in the debt market, where spreads on riskier bonds have begun to widen rapidly;
🔴 56% of S&P 500 stocks are currently trading below their 200-day moving average—the worst market breadth reading since March;
🔴 Oil prices continue to rise as uncertainty regarding Iran outweighs the resumption of supplies from Saudi Arabia.
⭕️ Total BTC ETF flow: +$31.0M (BlackRock);
⭕️ Total ETH ETF flow: +$17.1M (BlackRock, 21Shares);
⭕️ Total SOL ETF flow: +$7.7M (Bitwise);
⭕️ Total HYPE ETF flow: $0M;
🔴 Spark, a Bitcoin Layer-2 payment protocol, has allocated a total of $210 million for institutional lending backed by BTC collateral, in partnership with Anchorage Digital;
🔴 Short-term holders (STHs) panic at the slightest price drop. Bitcoin fell by just $3,000, yet that was enough for STHs to send nearly 23,000 BTC to exchanges at a loss. Selling at a loss dominated the flows over the past 24 hours. Nevertheless, 14,300 BTC were sent to exchanges at a profit.
🔴 On-Chain Mind: The Mayer Multiple—one of the most popular Bitcoin valuation metrics—sits at the 59th percentile historically. It is almost perfectly in the middle of the range: neither cheap nor overheated;
🔴 Some experts, comparing Bitcoin's price action to 2015 data and applying the Sharpe ratio, suggest a potential 22% price correction;
🔴 A Cointelegraph Research backtest using data from 2015–2025 showed that a traditional 60/40 portfolio (stocks and bonds) yielded an annual return of 8.96%, whereas a portfolio with a 5% BTC allocation returned 16.39% annually; 🔴 Blockchain(com) plans to raise $500 million in an IPO at a valuation of $4–6 billion (Bloomberg);
🔴 Coinbase has received CFTC approval to register Coinbase Clearing LLC as a derivatives clearing organization;
🔴 Polymarket is launching "15-minute BTC markets" in its app for US users;
🔴 JPMorgan traders have turned bullish on US stocks ahead of the jobs report release;
🔴 A sharp contrast is evident between low stock volatility and rising tension in the debt market, where spreads on riskier bonds have begun to widen rapidly;
🔴 56% of S&P 500 stocks are currently trading below their 200-day moving average—the worst market breadth reading since March;
🔴 Oil prices continue to rise as uncertainty regarding Iran outweighs the resumption of supplies from Saudi Arabia.
