Adbytes Insights

Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.

Bitcoin Tests $72,400 Support as Active Holder Pressure Builds

Bitcoin Tests $72,400 Support as Active Holder Pressure Builds

Daily Feed

Bitcoin is sitting on a knife edge near $73,500 after pulling back hard from roughly $78,000, and one on-chain support level around $72,400 is now doing the sort of heavy lifting usually reserved for overworked bartenders and unpaid interns. BTC fell from about $78,000 earlier this week Price is stabilizing near $73,500 for now $72,400 […]

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Pro-Crypto Florida Candidate Michael Carbonara Sells 10 Bitcoin to Fund Campaign

Pro-Crypto Florida Candidate Michael Carbonara Sells 10 Bitcoin to Fund Campaign

Daily Feed

Florida pro-crypto candidate Michael Carbonara sells 10 Bitcoin for $800,000 to fund campaign Michael Carbonara, a pro-crypto Florida political candidate, reportedly sold 10 Bitcoin for about $800,000 to help finance his campaign — a move that neatly captures both the promise and the awkward reality of Bitcoin in the real world. 10 BTC sold for […]

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Texas Moves $10M Bitcoin Reserve From IBIT to Direct BTC Custody

Texas Moves $10M Bitcoin Reserve From IBIT to Direct BTC Custody

Daily Feed

Texas is moving to swap its temporary $10 million BlackRock IBIT position for direct Bitcoin custody, a clear sign the state wants the asset itself, not a paper proxy. $10 million currently sits in BlackRock’s iShares Bitcoin Trust (IBIT) Direct Bitcoin custody is the goal, not ETF exposure Custody, liquidity, and reporting will be outsourced […]

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Bitcoin Volatility Compression: Why Quiet BTC Markets Often Break Hard

Bitcoin Volatility Compression: Why Quiet BTC Markets Often Break Hard

Daily Feed

Bitcoin has a bad habit of going strangely quiet right before it punches the market in the mouth. That’s the reality behind Bitcoin volatility compression: the tighter BTC trades, the more likely it is that pressure is building for a sharp breakout or breakdown. Bitcoin volatility compression usually means price is coiling, not calming down. […]

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UK Sanctions 18 Crypto Firms in Russia-Linked $90B Sanctions Evasion Network

UK Sanctions 18 Crypto Firms in Russia-Linked $90B Sanctions Evasion Network

Daily Feed

The UK has sanctioned 18 crypto firms it says were connected to a Russia-linked sanctions evasion network worth around $90 billion, tightening the screws on the financial machinery helping Moscow keep its war economy moving. 18 crypto firms sanctioned by the UK Officials say they were tied to a Russia-linked $90 billion network Target is […]

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Bitcoin Faces Heavy Sell Pressure as Futures, Spot Demand and ETF Flows Weaken

Bitcoin Faces Heavy Sell Pressure as Futures, Spot Demand and ETF Flows Weaken

Daily Feed

Bitcoin is under pressure from every angle right now, with futures traders selling hard, U.S. spot demand cooling, and ETF outflows piling on. The market looks fragile, but a sharp relief rally could still kick in if the sell-side gets exhausted. Bitcoin price decline: down 11% over the last 14 days Futures selling pressure: net […]

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