Bitcoin price action cooled after failing to secure a sustained breakout above $100,000 in January. The rejection triggered short-term profit-taking and pushed BTC into a consolidation phase.  Since then, price behavior has shifted toward stabilization rather than aggressive selling. On-chain and macro indicators now suggest improving conditions. Investor positioning points to a cautiously bullish setup for February. Bitcoin Profit Booking Highlights a Pattern A meaningful transition into a sustained Bi ...

The largest crypto exchange in the United States has found a new way to show up in Washington’s evolving financial agenda. Not through lobbying, lawsuits or health drinks, but this time through employee benefits. Coinbase (NASDAQ: COIN) CEO Brian Armstrong revealed on Jan. 28 that Coinbase will match government contributions to Trump Accounts for eligible children of its employees, aligning the company with a fast-growing initiative backed by Donald Trump. Related: Analyst revamps MicroStrategy, Coinbas ...

Gold’s rally is showing little sign of slowing as global markets head into 2026 with investors increasingly looking for refuge in traditional safe-haven assets amid geopolitical uncertainty. According to Gracy Chen the CEO of crypto exchange Bitget says gold continues to act as “the world’s ultimate insurance policy,” as demand remains firm while broader financial markets adjust to shifting macroeconomic risks. “Technically, the market is still in expansion mode,” Chen said pointing to Fibonacci extensi ...

Group 1 - Bitcoin is currently trading at $90,000, which is nearly 30% below its all-time high of $126,000 from October [1] - Charles Hoskinson, founder of Cardano, predicts Bitcoin could reach $250,000 this year, implying a potential gain of 177% in 11 months [1] - The demand for Bitcoin is significantly increasing, with institutional investors increasing their allocations and new Bitcoin treasury companies acquiring Bitcoin rapidly [2] Group 2 - The total supply of Bitcoin is capped at 21 million coins, with 19.97 million already in circulation, creating significant scarcity [3] - Basic economic theory suggests that if demand for Bitcoin rises while supply remains unchanged, the price should increase substantially [4] - The current market conditions are characterized by rising demand and fixed supply, positioning Bitcoin as a potential high-value asset [7] Group 3 - The introduction of new financial products, including spot Bitcoin ETFs and Bitcoin-linked credit products, is expected to enhance exposure to Bitcoin [6] - These new financial products are designed to reduce the risk and volatility associated with Bitcoin investments, making it more accessible to risk-averse investors [8] - Bitcoin has a historical track record of delivering triple-digit returns since 2012, reinforcing its potential as an investment [7]

Investors pulled capital from U.S. spot Bitcoin exchange-traded funds on Thursday, marking the fourth successive trading day of outflows amid heightened macroeconomic and geopolitical volatility. The funds shed a net $1.62 billion over four trading days, marking one of the largest and most sustained periods of net redemptions since the ETFs' inception in early 2024, per SoSoValue data. The streak, which began last Friday, continued through Thursday as the market processed a series of heavy withdrawals. ...

Bitcoin price has shown mild bearish pressure in recent sessions as global markets remain uncertain and traders adopt a cautious stance. BTC has struggled to build strong upside momentum, yet downside remains contained.  Notably, strong demand for spot Bitcoin ETFs suggests investor positioning may be shifting toward a more constructive outlook. Bitcoin Notes A Buy Signal Spot Bitcoin ETFs recorded inflows of $1.42 billion over the past week, marking the highest weekly total in three months. This surge ...

Core Insights - Companies holding Bitcoin on their balance sheets are expected to experience significant growth in 2026, with optimism that public companies will increase their Bitcoin treasury, building on momentum from 2025 [1][2] - The survey indicates that corporate Bitcoin balances are anticipated to rise, as companies are likely to buy in large quantities and hold for extended periods, reducing the number of coins available on exchanges [2][5] Corporate Behavior - Early adopters like Strategy (formerly MicroStrategy) have shown the viability of holding Bitcoin, with the company accumulating over 673,000 BTC, which serves as a reassurance for other CFOs considering similar strategies [3] - The introduction of Spot Bitcoin ETFs by firms like BlackRock and Fidelity has attracted billions in investments, signaling Bitcoin's acceptance in the mainstream financial system [4] Market Dynamics - As of late 2025, over 170–190 publicly traded firms held Bitcoin, controlling approximately 5% of the circulating supply, with expectations for further growth in 2026 due to maturing treasury models and new entrants [5] - Corporate treasury purchases are likely to lock away large amounts of BTC in secure custody, reducing the available supply on exchanges, which may stabilize Bitcoin's price and market behavior [6] Long-term Market Impact - This shift in corporate behavior is expected to transition Bitcoin from a speculative asset to a more stable asset class, similar to gold, fostering greater institutional patience and reducing panic selling [7]

By Omkar Godbole (All times ET unless indicated otherwise) Since its introduction in 2009, bitcoin (BTC) fans have seen it as an anti-establishment asset and a shield against financial mismanagement and political turmoil. Yet on Monday, the largest cryptocurrency is trailing traditional safety assets such as gold even as tensions between President Donald Trump and Fed Chair Jerome Powell escalate, raising concerns on the central bank's ability to maintain its independence. On Sunday, Powell revealed th ...

Core Insights - Bitcoin is experiencing a significant shift as the amount held on centralized exchanges declines to levels not seen in several years, indicating a maturation in how the asset is held and traded [1][2]. Exchange Reserves - Bitcoin balances on centralized exchanges have dropped to an estimated range of 2.4 million to 2.8 million BTC as of early January 2026, down from over 3 million BTC in 2020 [2]. - The removal of hundreds of thousands of Bitcoin from exchanges over the past years represents a persistent supply-side shift in Bitcoin's trading history [3]. Market Dynamics - The decline in exchange-held Bitcoin is altering market liquidity dynamics, with fewer coins available on exchanges leading to more pronounced price reactions to buying or selling pressure [5][8]. - Institutional investors and high net worth individuals are increasingly comfortable holding Bitcoin outside of exchanges, reflecting growing confidence in custody infrastructure [7][10]. Trading Environment - The tightening liquidity backdrop requires larger participants to approach execution cautiously, often turning to over-the-counter desks for sizable transactions [9]. - Institutional participation is reshaping Bitcoin custody practices, with significant holdings now managed through qualified custodians rather than exchange wallets [10][11]. Price Discovery Mechanisms - Bitcoin's price discovery process is becoming more distributed, with exchange balances representing a smaller portion of circulating supply, leading to a mix of exchange trading activity and off-exchange transactions [12][13]. - The evolution mirrors traditional financial markets, where a substantial share of trading volume occurs outside centralized exchanges [13]. Long-Term Holding Trends - A significant portion of Bitcoin leaving exchanges is flowing into long-term holder wallets, with addresses that have not moved Bitcoin for over a year controlling an estimated 65% to 70% of the circulating supply [14]. - Elevated long-term holding levels are historically associated with reduced selling pressure, which can lead to accelerated price movements when demand increases [15]. Regulatory Environment - Regulatory developments are influencing how market participants interact with cryptocurrency exchanges, encouraging a shift towards self-custody or institutional-grade storage [16]. - Exchanges are enhancing security features and custody services in response to these regulatory changes [17]. Market Adaptation - Professional traders and liquidity providers are adjusting their strategies to reflect evolving market conditions, with algorithmic models factoring in thinner order books [18]. - The changing structure is supporting growth among specialized service providers, such as custody platforms and OTC desks, as participants seek efficient transaction methods outside traditional exchanges [19]. Future Outlook - The downward trend in Bitcoin exchange reserves is expected to continue, supported by institutional participation and expanding custody options, indicating a maturing market structure [20]. - This shift creates new considerations for traders in a lower-liquidity environment, while long-term holders may benefit from reduced immediate selling pressure [20][21].

JPMorgan analysts pointed to a stabilizing flow pressure across spot crypto ETFs in early January, after two months of late 2025 de-risking that leaned heavily on ETF redemptions rather than a liquidity freeze. Bitcoin is currently trading at $90,428 (-2.50%) in the latest print, while Ethereum is trading at $3,100 (-4.54%). Spot ETF Flows Stabilize After Late-2025 De-Risking The bank’s read lines up with tape-level evidence that flow is now two-way, not one-way. U.S. spot Bitcoin ETFs printed $697.25 m ...