Bitcoin Hits Multimonth Lows As NYDIG Flags ‘Actual Capital Flight’

According to NYDIG research, the same money that pushed Bitcoin up into October’s peak is now pulling it down, and the pull looks structural rather than just emotional selling. The firm’s head of research says a large liquidation in early October flipped spot ETF flows, pushed digital asset treasury (DAT) premiums lower, and coincided with… Continue reading Bitcoin Hits Multimonth Lows As NYDIG Flags ‘Actual Capital Flight’

Tighter Premiums Put Crypto Treasuries On Risky Road, According To NYDIG

Wall Street’s appetite for companies holding Bitcoin on their balance sheets is cooling, and investors are starting to show it, according to the New York Digital Investment Group. Greg Cipolaro, the firm’s global head of research, said the disparity between share prices and net asset value (NAV) for major buyers is narrowing even as Bitcoin… Continue reading Tighter Premiums Put Crypto Treasuries On Risky Road, According To NYDIG