OBTC News and Press, Osprey Bitcoin Trust Unit Ben Int From 08/03/22

The Bitcoin variety, I don't think it will live. I think, we have two significant government agencies which will make sure it's going to die. At the beginning of this year, a lot of people spoke about the Fed put as something that was going to support markets, equity markets, obviousl...

After a rally of nearly 20% in July, bitcoin ( BTC-USD ) is commencing August with a slump as traders appear to be narrowing their risk appetite as disappointing factory output data adds to concerns about slower economic growth. Bitcoin ( BTC-USD ) is sliding 3.6% to...

Bitcoin just experienced its worst quarterly performance since 2011, returning -58% in Q2. In terms of catalysts for a market turnaround, the macro picture is getting better. If interest rates stop going higher and stabilize, equities and other risk assets would also stabilize. We...

MicroStrategy ( NASDAQ: MSTR ) shares have soared 18.3% on Tuesday as bitcoin ( BTC-USD ) +8.6% extends its rally towards $25K per token. Bitcoin ( BTC-USD ) is changing hands at $23.4K as of shortly before 4:30 p.m. ET, up from its cyclical low of $18.9K in ...

One of the more profitable approaches to cryptocurrencies is to invest in the private seed round of a start-up seeking token financing. The crypto market hit a rough patch over the last few months. Since the average investor cannot participate in every token sale, however, the mea...

Crypto enthusiasts often claim that digital coins and tokens are uncorrelated with equities and can provide a safe haven amid stock market crashes. Based on our data, crypto certainly does not act like digital gold. In times of panic, the correlation between crypto and the stock marke...

The EU – and the U.S., for that matter – are placing more energy sanctions on the Russian Federation, but it looks like they are self-defeating in nature. U.S. stocks have long ago traded below their March lows, but the initial DAX decline was much deeper and quite a bit...

Bitcoin’s feverish connection to the S&P 500 finally broke in June, with the 30-day S&P/BTC correlation falling from 0.77 to 0.25. As Ethereum represents ~65% of the AUM locked in DeFi, ETH was disproportionately sold. Exchange tokens fell 28% this month, modestly o...

Crypto markets were under significant pressure in June, but we remain positive on their trajectory. With summer in the Northern Hemisphere under way, we expect higher energy prices to increasingly influence consumer spending decisions, including their vehicle purchases. We believe...

It doesn’t look good for the bitcoin bulls, as all buyers in 2021 are now under water and are experiencing cascading losses, causing this liquidation to gain momentum. The 10-year Treasury yield rose to a hair below 3.50% on the day before the FOMC meeting opened. If inflat...