Latest news with #Arca
Yahoo
15-07-2025
- Business
- Yahoo
Bitcoin Market Top Is 'Nowhere Near,' Say Analysts as Price Pauses at $120K
Bitcoin BTC cooled off during U.S. trading hours Monday after nearly topping $123,000 earlier in the session, but market top calls are premature, analysts said. BTC slipped below $120,000 late in the U.S. day, shedding most of its overnight advance, but holding on to a modest 0.6% gain over the past 24 hours. Ethereum's ether ETH slid back below $3,000, while dogecoin DOGE, Cardano's ADA ADA and Stellar's XLM XLM declined around 2%-3% on the day. Among majors, XRP XRP, SUI SUI and Uniswap's UNI UNI outperformed with 2.5%, 10% and 6% gains, respectively. Crypto-linked stocks also retraced some of their morning gains, with Strategy (MSTR) and Galaxy (GLXY) still higher 3%-4%, while Coinbase (COIN) gained 1.5% After BTC surged over 10% in less than a week and some altcoins advancing much more, prices may consolidate as some traders digest the move and realize profits. Still, this leg of the crypto rally is more likely in the early phases than towards the end, said Jeff Dorman, CIO of digital asset investment firm Arca. In a Monday investor note, he cited crypto analyst Will Clemente's observation about previous major tops like March 2024's spot bitcoin ETF-related peak and the Dec 2024/Jan 2025 frenzy surrounding the Trump election/inauguration, when open interest in altcoin derivatives flipped that of BTC "The current rally is nowhere near that," Dorman said. Volumes on both centralized and decentralized exchanges rose 23% week-over-week, but still aren't near to the levels during other broad-market rallies in the past, Dorman added. Looking at the big picture, bitcoin is being propelled higher by excessive sovereign debt and investors seeking refuge from monetary inflation, said Eric Demuth, CEO of Europe-based crypto exchange Bitpanda. He said BTC rising to €200,000 ($233,000), is "certainly a possibility," but the underlying adoption of the asset carries more importance than price targets. "What happens when Bitcoin becomes permanently embedded in the portfolios of major investors, in the reserves of sovereign states, and in the infrastructure of global banks?," he said. "Because that's exactly what's happening right now." In the next years, Dermuth expect bitcoin's market capitalization to gradually converge to gold's, currently sitting at over $22 trillion, nine times larger than BTC.
Wall Street Journal
13-07-2025
- Business
- Wall Street Journal
Trump Says 200% Pharma Tariffs Are Coming. Wall Street Shrugs.
When a U.S. president threatens your industry with a 200% tariff, that's not typically good news. But since Tuesday, when Donald Trump said in a cabinet meeting that imported pharmaceuticals would face a massive levy, investors have been cautiously celebrating. Despite a broad stock selloff on Friday, the NYSE Arca Pharmaceutical Index is up around 1% over the past week, compared with a basically flat performance for the S&P 500.
Economic Times
10-07-2025
- Economic Times
Arca Tulum, Mexico
In Mexico, open-fire cooking is a traditional culinary practice, encompassing techniques such as barbacoa, grilling, and cooking over a brasero (fire pit). If you want to try out this cooking style, book a table at Arca - a contemporary, palapa-style dining room built on sand and surrounded by palm trees and colourful plants. Chef Jose Luis Hinostroza Buenrostro, hailing from Tijuana in Baja California, reinvents Mexican street food with local ingredients and modern techniques. He brings the flavours from his hometown's street food scene to the Caribbean jungle, crafting unique recipes with a refined Mexican soul. Top of the to-eat list is roasted bone marrow with tamarind and pasilla glaze, or the crispy oxtail carnitas with chapulines (fried grasshoppers), served alongside seared prawns in chilli butter, plantain vinaigrette, green grosella (a native relative of gooseberries) and salsa. Finally, mamey brulee with caramel, pixtle ice cream and amaranth granola, is a worthy conclusion. The cocktail offering works in symbiosis with the kitchen - shaking up bold drinks with all-natural ingredients and a whole lot of character, plus a wide range of Mexican spirits. And, yes, it all comes with a side of beach vibes.
Yahoo
05-07-2025
- Business
- Yahoo
The Bitcoin Power Shift No One's Talking About
Bitcoin (BTC-USD) could be entering a new chapterone that looks a lot less like a high-octane trade and more like a steady institutional asset. Over the past year, longtime holdersminers, offshore funds, and early anonymous whaleshave quietly sold over 500,000 coins, according to 10x Research. Meanwhile, institutions like ETFs, corporates, and asset managers have absorbed nearly 900,000 coins. This silent handover is reshaping the $2.1 trillion market's ownership base, with Bitcoin stuck near $110,000 as volatility fades and institutional allocation grows. Warning! GuruFocus has detected 4 Warning Signs with NVDA. Today, ETFs and treasury allocators now control about 25% of all circulating Bitcoin. Back in 2020, just 2% of wallets held 95% of the supply. That concentration is breaking down fast. Some of the older whales aren't just sellingthey're converting BTC into equity through private transactions tied to the public markets. The result? A less explosive asset, but potentially more resilient. Metrics like Deribit's volatility index have dropped to multi-year lows, and analysts are tempering expectations to 10%20% annual returnsdown sharply from the parabolic runs of past cycles. Bitcoin is probably more like boring dividend stock over time, said Arca CIO Jeff Dorman, suggesting it could become a staple for longer-term portfolios. Still, this transformation comes with risks. Hilary Allen, a long-time crypto critic, notes this institutional rush may be providing the exit liquidity whales have waited years forleaving retail and retirement investors more exposed if inflows slow. Past outflows of just 2% and 9% in 2018 and 2022 triggered 74% and 64% drawdowns, respectively. That said, not everyone sees a repeat. MARA Holdings (NASDAQ:MARA) CEO Fred Thiel believes we're in a very different market environment nowone where this slow grind toward institutional maturity could play out over years, not months. Markus Thielen at 10x agrees: The nature of Bitcoin really changes. This article first appeared on GuruFocus.
Arabian Post
04-07-2025
- Business
- Arabian Post
Stock market information for Bitcoin
Bitcoin is a crypto in the CRYPTO market. The price is 107761.0 USD currently with a change of -1627.00 USD from the previous close. The intraday high is 110000.0 USD and the intraday low is 107741.0 USD. Whale Exodus, Institutional Surge Define Bitcoin Landscape A profound shift in Bitcoin ownership is underway as early large holders—or 'whales'—have offloaded more than 500,000 BTC over the past year, while institutions such as spot ETFs, corporate treasuries and asset managers have collectively swooped up nearly 900,000 BTC. That haul now places institutional ownership at roughly 4.8 million BTC, equivalent to 25% of the total ~20 million supply. ADVERTISEMENT This reshaping of ownership has already led to a marked decrease in price volatility. Deribit's 30-day BTC Volatility Index sits at its lowest point in around two years, a trend noted by industry figures such as DRW's Rob Strebel and Arca's Jeff Dorman, who have characterised Bitcoin's market as transitioning from a speculative instrument to 'slow‑burn' portfolio allocation. As a result, analysts are revising expectations downward, now forecasting restrained annual returns in the region of 10–20%, rather than expecting sharp bull‑run surges. The price has stabilised around US $110,000, reflecting the dampening effect of institutional inflows against whale outflows. However, experts caution that this equilibrium may be fragile: if whales continue to sell and institutional inflows cool, Bitcoin could become vulnerable to abrupt corrections, echoing past events when relatively modest outflows of 2% in 2018 and 9% in 2022 triggered collapses of 74% and 64% respectively. The implications of this structural change extend beyond price mechanics. When whales use institutional venues as an exit route—via ETF conversions or corporate treasuries—they secure liquidity that can facilitate large-scale unwinds without triggering immediate volatility. Critics like Hilary Allen argue this may leave smaller stakeholders exposed in the event of a broader downturn. Regulatory evolution has played a pivotal role. The introduction of U. S. spot BTC ETFs in January 2024 and subsequent inflows have legitimised institutional participation, with major asset managers—BlackRock, Fidelity and MicroStrategy among them—establishing significant positions, enhancing market depth and resilience. Interlinked macroeconomic conditions have further shaped trends. A weaker U. S. dollar, increased money supply, rising equity markets and higher mining costs—due to energy pricing—have slowed new issuance, tilting supply‑demand dynamics in Bitcoin's favour and reinforcing institutional demand. Nonetheless, the transformation is not without nuance. The repricing of Bitcoin—as volatility subsides—could dampen the appeal among short‑term traders and retail participants who previously thrived on speculative swings. Meanwhile, institutional models of 'faster money' mean that large‑scale monthly or quarterly rebalancing could trigger intermittent volatility spikes. Market observers are now closely monitoring whale behavioural patterns and ETF flow data to gauge whether institutional appetite will sustain. Markus Thielen from 10x Research suggests this transition could define Bitcoin's identity for years, positioning it for steady, long‑term growth at 10–20% annually—but warns that the absence of new inflows may precipitate sharp market corrections.
