Tron founder Justin Sun says the ecosystem will increase its Bitcoin holdings 
after Binance’s call for sector-wide BTC treasuries, signaling a shift toward 
Bitcoin as a reserve asset. Justin Sun, founder of the Tron blockchain 
network, announced plans for the…

Tron faces strategic shift as Justin Sun plans to boost Bitcoin holdings

US spot Bitcoin ETF flows turned negative for January after a series of 
outflows this week totaling nearly $1 billion, data from SoSoValue show.

Bitcoin, Ether ETFs see $1B outflows as crypto market tumbles 6%

U.S. Treasury says Iran’s ruling elite are shifting large sums abroad, with 
reports of $1.5 billion routed to Dubai amid unrest and strike fears. U.S. 
Treasury Secretary Scott Bessent said that Washington is tracking a surge of 
capital flight by Iran’s ruling class as nationwide protests and threats of 
U.S. military action create alarm. According […]

Report: Iranian Elite Shift $1.5 Billion to Dubai Using Banks and Crypto Amid Strike Fears

DeFi&#8217;s composability creates cascading exploit risks while protocols handle 
risk idiosyncratically. Institutional adoption demands TradFi-style 
standardized frameworks.

There is no trust in DeFi without proper risk management

Questions are already surfacing over whether Bitcoin is still in the expansion 
phase that many market participants assume it is. However, a crypto expert 
opted for a conservative stance, arguing that when Bitcoin is analyzed through 
traditional cycle theory and macroeconomic indicators, the primary cycle may 
already be complete. This crypto expert, Tony Severino, challenged popular 
bullish claims from &#8220;snake oil salesmen&#8221; and instead pointed to economic data 
and historical patterns that show the Bitcoin cycle has already transitioned 
into a different phase. PMI And ISM Datan Shows Where Bitcoin Is According to 
Tony Severino, Bitcoin&#8217;s bullish cycle is already over, and analysts saying 
otherwise are pushing a fairy tale that may or may not come true. Severino’s 
outlook is based on the U.S. ISM Purchasing Managers’ Index, which he views as 
a reliable macro gauge for cyclical behavior. Related Reading: Global 
Liquidity Says Bitcoin Is Extremely Undervalued – Here’s The ‘Real’ Figure The 
PMI data shown in the chart below highlights a clear pattern of lower highs 
and lower lows, which is a signal of a weakening manufacturing environment. 
According to Severino, real cycles are measured from trough to trough, not 
from speculative projections of future upside. From that perspective, the 
current PMI structure means that the cycle has already peaked and is now 
rolling over. At the time of writing, this index is sitting around 47.9. 
Severino warned that a sustained move below the 46 level would change the PMI 
from a local pullback into a more pronounced intermediate downtrend. A drop 
beneath 41.6 would carry even more serious implications, as that level would 
fall below the COVID-era low. Such a move would leave only extreme historical 
comparisons, including conditions last seen during the 2007-2009 Great 
Financial Crisis or the stagflation period of the 1970s and early 1980s. 
Therefore, this macro backdrop directly challenges the idea that Bitcoin is on 
the verge of a guaranteed new bullish phase. Severino also took direct aim at 
popular Bitcoin valuation models that compare BTC to gold or rely on long-term 
projections detached from economic reality. The current reality is that 
Bitcoin is lagging behind gold and silver, which are attracting consistent 
inflows in contrast to Bitcoin&#8217;s show of fatigue around $80,000. Bullish 
Conviction To Bearish Targets Severino’s current stance is notable because it 
is a significant difference from his outlook before the current cycle began, 
when he was very bullish on Bitcoin. His recent analysis, shown in the chart 
below, shows Bitcoin breaking below a moving average on the monthly 
candlestick timeframe. This is notable because similar breakdowns in previous 
years were followed by drawdowns averaging around 50%. Related Reading: 
Analyst Reveals How Far Bitcoin Price Will Crash If The Uptrend Doesn’t 
Continue The chart highlights multiple instances where Bitcoin suffered 
declines of 40% to over 60% after losing this type of technical support. Based 
on that historical behavior, Severino has floated a downside target of at 
least $45,000 before another bullish reversal. Featured image from Getty 
Images, chart from Tradingview.com

Cryptocurrency price in MXN