Today, we are excited to announce a significant milestone: the expansion of our research team. This growth underscores our unwavering commitment to deepening our expertise and enhancing our market insights, ensuring we remain at the cutting edge of the rapidly evolving digital asset space.
Bitcoin entered August around $64,600 and fell 9% during the month to $59,000. Crypto’s apex asset was not immune to the early-month traditional market plunge.
We discuss the recent market meltdown, how towering bull tenets and fading risks could propel Bitcoin to $1m, and why the recent dip is a gift, all combining to make cryptocurrency’s risk reward its most compelling in years.
Bitcoin entered July around $62,700 and increased 3% during the month to finish at ~$64,600. The month started out rough as the Mt Gox trustee confirmed it began making repayments to some creditors, Germany continued to sell off its $3b seized Bitcoin portfolio, and the spot Bitcoin ETF flows turned
Bitcoin entered June around $67,500 and fell 7% during the month to finish at ~$62,700. Bitcoin moved higher to start the month on $1.8b of inflows into the US spot Bitcoin ETFs, but soon gave way to worsening ETF flows.
Solana has cemented itself as part of crypto’s Big Three. And with the others having or on the cusp of a spot ETF, not only is it likely just a matter of time before Solana gets one too, but also the impact on SOL just might be the largest yet.
