
Bitcoin Investors Show Signs of Capitulation Amid Bear Market
Bitcoin UTXO analysis indicates investor capitulation, historically a bear market bottom signal, as the profit-loss ratio hits its lowest this cycle, mirroring the 2023 bottom at $26,000.

Bitcoin UTXO analysis indicates investor capitulation, historically a bear market bottom signal, as the profit-loss ratio hits its lowest this cycle, mirroring the 2023 bottom at $26,000.

The Albanese government approved regulatory changes allowing NSW to receive carbon credit funding for protecting native forests, enabling the creation of a 176,000-hectare koala national park near Coffs Harbour. The move, an election commitment, is praised by some conservationists but criticized by others and industry for relying on contentious carbon offsets.

The Coinbase premium, a key indicator of institutional crypto market participation, has fallen to its lowest level this month (-0.0983% on May 21), signaling intensified selling pressure from institutions. This trend coincides with Bitcoin ETF outflows and a decline in derivatives demand.

ARK Invest a investi 5,5 millions de dollars dans Circle (CRCL) via trois de ses ETF. Cette opération suit la publication de résultats trimestriels robustes pour l'émetteur de l'USDC, dont l'action a progressé de 16% en une séance.