All Eyes on BTC’s 50-Week Moving Average

In four of the five completed bear markets for BTC, once the 50-week moving average was first broken to the upside, the bear market bottom was definitively “in.” Today, the 50-week moving average sits at $81,796. This week, BTC has traded as high as $81,265, mere spitting distance from the 50-week. Read more →

Strategy’s preferred stock STRC has traded below its $100 target for ~100 days, despite higher dividends and repeated buybacks meant to pull it back toward parity. Why should MSTR holders care? STRC is one of the tools Strategy uses to raise money for its bitcoin strategy without relying entirely on common-stock issuance. If investors keep demanding a discount, that capital becomes more expensive – and Strategy has already been using cash and even bitcoin sales to support its preferred-stock obligations. STRC’s struggle is becoming a test of whether Saylor’s increasingly complex financing machine can keep compounding bitcoin per MSTR share as efficiently as advertised. Read more →

Bitwise’s Solana Staking ETF BSOL has crossed $1 billion in AUM just 10 months after launch, with Bitwise saying most of its roughly $1 billion in inflows arrived during the crypto bear market. BSOL, which packages SOL exposure and staking rewards into a brokerage-traded product, hit $500 million in its first 18 trading days and has now doubled from there. Read more →

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