Hamidkakar

Bernstein ha detto che la base di possesso sempre più diversificata del bitcoin supporta la sua tesi di lungo termine come riserva di valore.
I flussi di bitcoin rallentano bruscamente nel 2026 mentre gli investitori inseguono l'IA, dice Bernstein. (Unsplash)Ecco cosa sapere: Bernstein ha notato che i flussi dei fondi negoziati in borsa (ETF) in bitcoin si sono indeboliti nel 2026, poiché gli investitori retail si affollano su asset legati all'IA. I deflussi degli ETF hanno totalizzato $2.6 miliardi quest'anno, che il broker considera relativamente modesti data la dominanza dell'IA nei mercati. Una base di investitori più ampia che comprende ETF, aziende, piattaforme di ricchezza e istituzioni ha creato una struttura di mercato più sana, dice il rapporto.

Key points:Binance founder Changpeng Zhao said on Tuesday that Bitcoin will not be "dead for long" on Tuesday.Schwab's Jim Ferraioli reportedly said Bitcoin's annualized volatility has fallen to about 40 this cycle, down from 60 in the previous cycle and 80 in the previous cycle before. Santiment data showed wallets holding less than 0.01 BTC increased their holdings by 0.36% over the past two weeks, while wallets holding between 10 and 10,000 BTC reduced holdings by 0.20%.
Binance (BNB) founder Changpeng Zhao, known as CZ, reassured investors on Tuesday that Bitcoin (BTC) would not be "dead for long" following the latest bout of market weakness.
On X, CZ urged investors not to panic, writing that Bitcoin would not remain "dead" for long.
Bitcoin’s price was trading near $61,000 on Tuesday after falling sharply over recent sessions as risk assets came under pressure. On Stocktwits, the retail sentiment around BTC remained in the ‘bearish’ zone, while chatter around it stayed in the ‘high’ levels over the past day.
CZ’s comments came as industry participants gathered at the DACFP Crypto Convergence conference, where Charles Schwab's Head of Crypto Research Jim Ferraioli outlined a more constructive long-term view for the asset class.
Bitcoin's Long-Term Case Remains Intact
Bloomberg ETF analyst Eric Balchunas said that according to Schwab, Bitcoin's annualized volatility has declined significantly over successive market cycles, falling to around 40 in the current cycle from 60 in the previous cycle and roughly 80 in the one before that. https://x.com/EricBalchunas/status/2064347746857869454?s=20
He said the lower volatility reflects Bitcoin's maturation as an asset, even as investor attention has increasingly shifted toward artificial intelligence and US equities.
The Schwab executive also reportedly revealed that approximately 20% of spot Bitcoin ETF assets originate from Schwab clients, highlighting continued institutional and retail participation despite recent market turbulence.
Ferraioli argued that Bitcoin remains relatively inexpensive compared with other asset classes from a valuation standpoint and suggested that periods of market weakness could offer attractive entry points for long-term investors.https://x.com/EricBalchunas/status/2064351707992084599?s=20
He also outlined what he views as Bitcoin's fundamental investment case, pointing to the imbalance between the growth of the global money supply and Bitcoin's fixed supply. According to Ferraioli, investors who expect future expansions in liquidity and monetary stimulus are likely to remain constructive on digital assets.
"The U.S. debt is larger than the US economy," Ferraioli said during the conference, adding that governments have historically relied on monetary inflation to help manage large debt burdens.
Retail Investors Buy The Dip As Whales Turn Cautious
While industry leaders remained optimistic, on-chain data suggested a divergence between retail and large-holder behavior.https://x.com/SantimentData/status/2064369641766425004?s=20
According to blockchain analytics firm Santiment, wallets holding less than 0.01 BTC increased their collective holdings by 0.36% over the past two weeks, indicating that smaller investors continue treating market declines as buying opportunities.
In contrast, wallets holding between 10 and 10,000 BTC reduced their holdings by 0.20% during the same period, suggesting larger investors remain unconvinced that a sustained recovery is imminent.
Santiment noted that major market bottoms are often accompanied by capitulation from smaller investors, a pattern that has yet to emerge. The firm said the current divergence leaves retail investors carrying much of the market's bullish conviction while larger holders remain on the sidelines.

Crypto spot volume on centralized exchanges fell to $679 billion in April 2026, the lowest monthly level since October 2023. The drop reflects a grinding bear market that has drained activity across spot and futures.
Beneath the falling totals, the market is changing shape. Trades are growing larger and more institutional, while traditional assets such as gold and oil now trade actively on crypto venues, according to a new CryptoQuant report.
The Contraction Runs Across Spot and Futures
Total spot volume has fallen sharply from its late-2024 peak near $2.6 trillion. That marks a decline of roughly two-thirds from the high. CryptoQuant ties the slide to an ongoing crypto bear market that has suppressed trading since 2025.
Perpetual futures volumes fell in parallel. Leverage appetite contracted alongside spot price weakness, the report said. The pullback points to traders cutting risk rather than adding it.
Bitcoin BTCUSD traded near $62,000 on June 5, well below its October 2025 peak above $122,000, according to CoinGecko. The current downturn has been slower and, unlike the 2022 collapse, has had no cascading failures.
Crypto Spot Volume Pools Into Fewer Exchanges
The volume that remains is concentrating on a small group of deep venues. Binance, Bybit, Gate, and Crypto.com led cumulative spot volume so far this year, CryptoQuant said.
CoinGecko data shows a similar pattern. Binance handled about 23% of spot volume across top-tracked exchanges on June 5, with Bybit and Gate ranking next. The five largest venues together took close to 40% of that volume.
Average Bitcoin trade sizes have risen on spot and futures since 2025. CryptoQuant reads the trend as institutional players making up more of the remaining activity. Larger tickets tend to favor exchanges with the deepest order books.
Gate led those average trade sizes at the margin. Kraken and OKX also ranked high, a sign of larger-scale execution. The shift mirrors the bear market price action that has thinned out smaller traders.
Traditional Assets Move Onto Crypto Rails
Trading of traditional assets on crypto exchanges reached record highs in 2026. Demand centered on gold and silver, while oil gained momentum on the US-Iran conflict.
Gate and Binance accounted for roughly two-thirds of that traditional futures volume. The pattern shows traders using crypto venues for around-the-clock macro exposure. That access matters most when traditional markets are closed on weekends and holidays.
In perpetual futures, liquidity is clustered on Gate, Binance, OKX, and Bitget. Hyperliquid’s trading volume has also emerged as a fast-rising competitor in that market.
The headline numbers point to a market in retreat. The composition of what remains, however, suggests a structural shift toward institutions and traditional assets that could outlast the downturn.

Key takeaways:
Over-leveraged Bitcoin short positions between $63,000 and $66,000 have created a potential $2.6 billion squeeze trap for bears.Negative perpetual funding rates indicate that bulls have fully deleveraged, significantly reducing downside risk.
The Bitcoin (BTC) crash to $61,100 on Friday wiped out $335 million in leveraged long positions. However, after a 21% decline in Bitcoin's price, bulls might have set a perfect trap as negative market sentiment intensified. Bearish positions built up heavily between $63,000 and $66,000, setting the stage for a potential $2.6 billion short squeeze.
Estimated cumulative Bitcoin liquidation at major exchanges, USD. Source: CoinGlass
Estimated liquidations for a further 8% drop in Bitcoin to $57,000 from $62,000 stand at $1.2 billion. In contrast, a rally to $66,000 would put $2.6 billion of short positions at risk. This potential squeeze might provide enough fuel to revive buyer confidence following a record-breaking 13-day streak of net outflows from spot Bitcoin exchange-traded funds (ETFs).
US-listed spot Bitcoin ETFs daily net flows, USD. Source: SoSoValue
The minor $3 million net inflow on Thursday could represent a temporary breathing room after 15 days of selling that drained $5.1 billion. It remains too early to conclude that momentum has officially flipped in favor of the bulls. Ultimately, if bears kept their leverage low and played conservatively, the actual threat of a massive short squeeze might be minimal.
Bitcoin perpetual futures annualized funding rate. Source: Laevitas
A neutral funding rate typically ranges between 6% and 12%, with longs paying to keep their positions open. The current negative 2% Bitcoin perpetual futures funding rate suggests growing confidence among bears. Thus, even if it takes time for Bitcoin to reclaim the $66,000 level, bulls have fully deleveraged, reducing downside risk.
Nasdaq 100 futures (left) vs. Bitcoin/USD (right). Source: TradingView
Bitcoin has severely underperformed the Nasdaq 100 index, but the tech sector is beginning to display weakness after Broadcom (AVGO US) closed down 12.6% Thursday, erasing $280 billion in market value. The company trimmed its AI chip sales forecast for the second half of 2026, putting investors on alert.
Impact of the tech sector IPOs and Strategy’s 32 BTC sale
Other prominent names in the AI sector also felt the impact. Micron (MU US) traded down 7.8% while Arm (ARM US) dropped 4.5%. With highly anticipated IPOs from SpaceX, Anthropic, and OpenAI in sight, investors likely opted to raise cash ahead of those offerings. Analysts claim this liquidity drain also contributed to Bitcoin's recent weakness.
Source: X/dgt10011
Jeff Park, partner at ParaFi Capital and Bitwise advisor, argues that the AI sector is draining money from other investments as the market becomes a “hot ball of money” that everyone suddenly “has to own”. However, Park reminds that once this period of AI mania blows off, capital will eventually rotate back to Bitcoin as its discounted valuation works in its favor.
Regardless of whether Bitcoin’s weakness stems from AI sector hype, excessive confidence from bears poses a major risk once spot Bitcoin ETF inflows pick up or the fear surrounding a recent 32 BTC sale from Strategy (MSTR US) dissipates. A rally back to $66,000 might seem unlikely at first glance, but a sudden short squeeze could quickly shift momentum in favor of the bulls.

Il mercato crypto è in fermento, e il Protocollo NEAR sta rubando la scena! Con un recente aumento del 30% che ha portato il token a $2.24, NEAR sta sovraperformando pesantemente rispetto alle principali criptovalute in questo momento. Ma cosa sta guidando questo enorme pump, e c’è ancora spazio per entrare? Analizziamo i fondamentali e diamo un’occhiata a un setup di swing trading ideale.
🔥 Il Catalizzatore: Perché NEAR sta Pumpando?
NEAR si prepara a lanciare il tanto atteso aggiornamento Dynamic Resharding questo giugno. Ecco perché è un cambiamento di gioco:

Binance ha appena lanciato una promozione enorme per la narrativa RWA, e se stai seguendo il momentum su $ONDO , devi prestare attention! 🚀
Binance Wallet (senza chiave) ha ufficialmente lanciato una promozione di doppia esenzione dalle commissioni per il trading di azioni statunitensi tokenizzate ONDO.
Ecco esattamente cosa stai ottenendo dal 18 maggio al 18 giugno 2026:
✅ ZERO Commissioni di Servizio: Compra e vendi senza pagare un centesimo di commissione.
✅ ZERO Commissioni di Gas On-Chain: Assolutamente nessuna commissione di gas sulla rete BSC quando fai trading tramite l'app mobile Binance Wallet! 🤯

La tanto attesa quotazione di AIGENSYN/USDT è finalmente live su Binance! Le nuove quotazioni di monete portano spesso una volatilità enorme, creando l'ambiente perfetto per setup ad alto potenziale se sai esattamente dove guardare.
Ecco la mia strategia di trading completa per AIGENSYN:
🟢 LA STRATEGIA DI ACQUISTO (Zona d'Entrata):
Non ci tuffiamo alla cieca. Aspettiamo che l'hype iniziale della quotazione si stabilizzi. Sto osservando le velas per un chiaro livello di breakout confermato dopo una stretta consolidazione.
Conferma Tecnica: Dobbiamo vedere un crossover rialzista sul MACD, abbinato a un RSI che si raffredda dai livelli di ipercomprato. Cercherò forti rimbalzi di supporto vicino alla Bollinger Band inferiore prima di premere il grilletto per un'entrata.

Le azioni di TeraWulf (WULF) sono aumentate leggermente nelle prime contrattazioni di venerdì mattina, nonostante un mancato guadagno, dopo che l'azienda ha riportato che il suo business di data center ora rappresenta una fetta maggiore dei ricavi rispetto al suo business di mining di Bitcoin (BTC).
TeraWulf non aveva ricavi dalla computazione ad alte prestazioni (HPC) un anno fa. Nel primo trimestre (Q1) del 2026, l'azienda ha dichiarato che i ricavi da affitto HPC di Core42 hanno rappresentato 21 milioni di dollari del suo totale di 34 milioni. Questo significa che il 62% dei ricavi di TeraWulf proviene ora dalla sua virata verso l'infrastruttura dei data center.

Bitcoin è passato da una liquidazione da panico a una ripresa costruttiva, e il grafico sta cominciando a riflettere quel cambiamento. L'azione attuale dei prezzi suggerisce che siamo nella transizione dalla vendita forzata all'accumulo.
Ci sono anche segnali macro precoci che lavorano a suo favore, poiché il dollaro USA si è ammorbidito e i mercati hanno risposto positivamente ai segnali di allentamento delle tensioni in Medio Oriente. Allo stesso tempo, sembra che la domanda istituzionale stia tornando, con gli ETF bitcoin spot USA che hanno registrato 2.44 miliardi di dollari di afflussi netti ad aprile, il mese più forte del 2026, secondo CoinGlass. Reuters ha anche riportato che Morgan Stanley, Goldman Sachs e Citi stanno espandendo i servizi di ETF bitcoin, trading, custodia e prestiti — evidenziando quanto bitcoin sia diventato radicato nell'infrastruttura finanziaria tradizionale.

L'azione del prezzo di Cardano sta attualmente operando all'interno di una chiara struttura a picco, dove il movimento dei prezzi che si stringe segnala che un breakout è imminente. Questa zona di compressione è formata da una resistenza dinamica discendente e un supporto orizzontale ben definito, creando un'area chiave di infrazione.
- Formazione a Picco 🔺 — Compressione tra resistenza e supporto
- Zona di Infrazione ⚠️ — Punto di decisione per il prossimo grande movimento
- Conferma del Volume Necessaria 📊 — Il breakout deve essere supportato da forza
Da una prospettiva tecnica, le formazioni a picco di solito portano a una forte espansione una volta che il prezzo esce dall'intervallo. Man mano che la volatilità si contrae, la pressione aumenta all'interno della struttura, aumentando la probabilità di un movimento decisivo in entrambe le direzioni.

Il setup di maggio di Bitcoin sta attirando nuova attenzione dopo due mesi consecutivi in verde, con Trader_XO che punta a dati di stagionalità che lasciano BTC sull'orlo di una rara striscia vincente di tre mesi. La domanda è se il modello storico ha un reale peso di mercato questa volta, o se l'ultimo shock geopolitico ha già complicato il segnale.
Bitcoin punta a una rara striscia vincente di tre mesi
I dati di Coinglass condivisi da Trader_XO mostrano i rendimenti mensili di Bitcoin per anno, con il 2026 finora contrassegnato da un drastico drawdown all'inizio dell'anno seguito da una fase di recupero. BTC è sceso del 10.17% a gennaio e un altro 14.94% a febbraio, prima di risalire con un guadagno dell'1.81% a marzo e un avanzamento dell'11.87% ad aprile. Maggio mostra finora un incremento del 3.18%, mantenendo il mese positivo al momento dello snapshot.