Stablecoins have quietly become the closest thing crypto has to a native money supply. With a combined market cap of about $307.92 billion that has slipped roughly 1.13% over the past 30 days, this pool of on-chain “cash” has stopped… Read More »How a Shrinking Stablecoin ‘M2’ Is Squeezing Bitcoin Liquidity
Bitcoin’s rapid slide from above $70,000 toward the $60,000 area in early February delivered the kind of volatility that forces traders to ask a familiar question: was this a classic capitulation low or simply a leverage reset in an overextended… Read More »Bitcoin’s Sharp Pullback: Capitulation Signal or Just a Leverage Flush?
Institutional investors are sending a mixed message on Bitcoin. In a new global survey from Coinbase Institutional and Glassnode, roughly one in four respondents said crypto has entered a bear market. At the same time, a majority still described Bitcoin… Read More »Why Institutions Call This a Bitcoin Bear Market but Still See BTC as Undervalued
Bitcoin’s volatility is no longer the primary barrier for sophisticated investors. Institutions can model volatility, hedge it with options and futures, and price it into their strategies. What continues to hold back larger and more consistent allocations is something harder… Read More »Why Bitcoin’s Market Depth Looks Deep but Trades Like a Mirage