Next bull run will be slower, less volatile as investors' crypto appetite evolves, Bitwise CIO says
--
Long-time bitcoin bull Matt Hougan told CoinDesk that during this bear market and with ‘doubts swirling’, investors have found ‘it easier to reach for something more tangible:’ stablecoins and tokenization.
According to Lawstreetmedia, the sentencing hearing for Andrew Left, founder of Citron Research, is scheduled for August 31, 2026, with a theoretical maximum sentence of 265 years. The prosecutor accuses Andrew Left of using short-term options to bet on stock price fluctuations and setting limit orders in advance. The stocks involved include Nvidia, Tesla Facebook、 General Electric, Luckin Coffee.
According to Eleanor Terrett, US Congressman Dusty Johnson stated that if the Senate takes action before the August recess, the House is prepared to quickly push forward the Clarity Act bill. (Cointelegraph)
Bloomberg ETF analyst Eric Balchunas stated that the iShares Bitcoin Premium Yield ETF (code: BITA) under BlackRock had trading volumes of $6 million and $7 million respectively in the two days leading up to its listing, showing stable performance and ranking among the top 1% of all ETF issuances. However, the trading volume is far below that of IBIT, and it will take time for BITA to attract asset size.
According to CoinDesk, Kraken Chief Economist Thomas Perfumo stated that the historical median return rate of Bitcoin bought below the 200 week simple moving average has performed well, with a one-year median return rate exceeding 113% and a two-year median return rate of 313%. The median payback time is two days, and the maximum one-year median drawdown is 9%.