Wintermute calls the current crypto market recovery a bounce and allows for a bitcoin crash to $50,000
Analysts at market maker Wintermute have said that the crypto market has moved into a consolidation phase after a sharp drop, and that a sustainable recovery is only possible if institutional capital returns. In their view, the current rally is merely a technical bounce, while the key indicators remain flows into spot bitcoin ETFs, stablecoins and…
Cardano's Ouroboros Leios is coming: why ADA remains at the bottom
Cardano's Leios protocol has reached 705,000 lines of code, the testnet is scheduled for June 23, but ADA is trading 94% below its 2021 all-time high, despite the spike in volume.
Capital B to Develop a Perpetual Instrument Modeled on Strategy
The French company Capital B plans to launch a credit instrument modeled on Strategy's STRC. According to the firm's director of Bitcoin strategy, Alexandre Laizet, a shareholders' meeting on this matter will be held on June 17. Put to a vote is a mandate to increase capital up to €5 billion and to issue credit instruments with a nominal amount of up to €100 billion…
Wintermute Analysts Forecast Crypto Market Consolidation
The digital asset market rose amid US inflation data and news of a preliminary agreement between the US and Iran. Wintermute experts pointed this out.
Analysts: Bitcoin faces a final wave of sell-offs before a reversal
Several well-known analysts point out that the decline in Bitcoin (BTC) may not be over yet. By their estimates, the market is in for a final wave of selling, after which a foundation for sustained growth could form. The main discussion centers on two factors: the end of the forced reduction of leveraged positions and a sharp weakening of demand…
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