Category: Bitcoin Desk

Bitcoin’s Sharpe ratio has dropped to around −10, the lowest point since March 2023, indicating that investors are not receiving adequate compensation for the risk they are taking. This significant decline in the Sharpe ratio often heralds broader bear market phases, a trend historically associated with the most severe downturns in Bitcoin’s cycles. With recent…

The Smarter Web Company, a British Bitcoin treasury, is currently raising $738,700, while holding 2,674 BTC. This move aligns with a broader corporate strategy where companies globally are integrating Bitcoin into their treasury to diversify assets in response to economic uncertainties. Moreover, recent UK policies have further facilitated such strategies by providing clearer tax treatments…

Cango Inc. has successfully completed the sale of its Bitcoin holdings as part of efforts to bolster its financial position and support its AI transformation strategy. This move aligns with a growing corporate trend where companies sell cryptocurrency assets to redirect capital toward advancements in artificial intelligence and technology. Such strategies are encouraged by the…

Hyperliquid has experienced a significant price increase of over 40% in the past two weeks, despite a general market downturn for major cryptocurrencies, following a strategic integration with Ripple’s institutional prime brokerage platform, Ripple Prime. This marks Ripple’s first direct DeFi integration since its platform’s launch, boosting Hyperliquid’s profile and access to on-chain derivatives liquidity.…

BlackRock has made a significant move by depositing 2,268 BTC, valued at $155.94 million, and 45,324 ETH, valued at $91.77 million, into Coinbase Prime. This action underscores the growing trend of institutional adoption of cryptocurrencies, with major firms like BlackRock enhancing their involvement in the digital asset space through direct holdings. Additionally, platforms such as…

This past week, digital asset investment products experienced a marked slowdown in outflows, totaling US$187 million, amidst heavy price pressure and market volatility. While assets under management fell to US$129.8 billion, the lowest since March 2025, exchange-traded product trading volumes hit a record US$63.1 billion. Bitcoin faced outflows of US$264 million, contrasting with the inflows…

The resolution of the Bithumb miscredit incident involved recovering 99.7% of the 620,000 BTC initially miscredited, with the remaining 1,788 BTC covered using company reserves to ensure full restitution. This swift resolution is indicative of a broader trend among South Korean cryptocurrency exchanges, which have been enhancing operational safeguards and promptly addressing incidents to bolster…

Digital asset investment products saw a net outflow of $187 million last week, with Bitcoin leading with a significant withdrawal of $264 million. In contrast, assets such as XRP, Solana, and Ethereum experienced inflows amounting to $63.1 million, $8.2 million, and $5.3 million respectively. This shift comes amid recent U.S. policy signals under President Trump…

Citi, a banking giant with $1.75 trillion in assets, has reiterated its buy rating for the Bitcoin-focused treasury company Strategy, setting a price target of $325. This move underscores the growing institutional acceptance of Bitcoin-related investments, as major financial institutions like Citi express optimism about firms integrating Bitcoin into their operations. Strategy is at the…

Spot Bitcoin ETFs experienced significant outflows last week with $318 million sold, adding to a total of $3.1 billion in outflows so far this year. This trend is part of a broader strategy by investors who are reacting to recent economic policy changes under President Trump that have influenced cryptocurrency investment strategies. The ongoing discussions…