Search results for K33
Crypto
Bitcoin loses direction as volatility rises on long and short liquidations
Bitcoin rose to $78,000 in intraday trading on May 26 before sliding quickly, extending a market driven by short-term liquidity liquidations. It showed sharp volatility that shook both long and short positions and failed to track gains in U.S. stocks. CoinGlass data showed $66 million in bitcoin liquidations over the past 24 hours. Analysts pointed to Middle East risks, key technical levels and rising futures funding rates, while spot and derivatives activity remained subdued.
Crypto
STRC demand may have supported bitcoin as Strategy purchase structure draws attention
Demand for Strategy’s perpetual preferred stock STRC may have supported bitcoin’s rise in mid-March and April, a report said. K33 research head Vetle Lunde said buying ahead of STRC’s monthly ex-dividend date can lift the price back toward $100, prompting Strategy to issue more shares via an at-the-market programme. The proceeds are then used to buy bitcoin, repeating the pattern. Strategy’s monthly purchases rose through April, while May slowed.
Crypto
Bitcoin rebound fails to lift sentiment from \'extreme fear\' as profit-taking and macro factors linger
Bitcoin traded around $75,300 on April 17, with weekly gains above 6%, but market sentiment remained in the “extreme fear” zone, according to The Block Crypto. Analysts cited key resistance near the true market mean and said the rebound looked more like a relief rally than a trend shift. Profit-taking increased, institutional participation was selective, and options markets leaned defensive. Mixed ETF and exchange-flow signals and macro conditions also weighed.
