{"id":29285,"date":"2024-09-15T16:30:12","date_gmt":"2024-09-15T13:30:12","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=29285"},"modified":"2024-09-15T13:58:55","modified_gmt":"2024-09-15T10:58:55","slug":"a-mysterious-theory-emerges-about-why-bitcoin-isnt-rising","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/a-mysterious-theory-emerges-about-why-bitcoin-isnt-rising\/","title":{"rendered":"A Mysterious Theory Emerges About Why Bitcoin Isn\u2019t Rising"},"content":{"rendered":"<p>Recently, several theories have surfaced on X regarding why Bitcoin&#8217;s price has stagnated. But what exactly are these claims, and how credible are they?<\/p>\n<p>It seems like every day brings a new speculation in the cryptocurrency community. The latest buzz centers around why Bitcoin (BTC) isn\u2019t climbing in value, despite seemingly favorable conditions.<\/p>\n<p>One of the most talked-about theories circulating on X suggests that crypto exchange Coinbase isn\u2019t providing the actual Bitcoin that BlackRock, the world\u2019s largest asset manager, wants to buy for its <a href=\"https:\/\/coinengineer.net\/blog\/bitcoin-etfs-reverse-negative-flow-with-39m-inflows\/\">ETF<\/a>. Instead, Coinbase is allegedly issuing an IOU (I Owe You), essentially giving BlackRock the rights to Bitcoin that will be delivered later. As a result, since no real Bitcoin is being purchased, there\u2019s downward pressure on the price.<\/p>\n<p>The logic behind this claim is that if BlackRock were to acquire Bitcoin through debt rather than buying large quantities outright, it would ease the demand pressure on the market. This, in turn, would prevent the price from rising as much as it would if significant amounts of Bitcoin were actually purchased and taken out of circulation. The rumor suggests that the absence of real Bitcoin transactions is artificially keeping prices lower, pointing to possible market manipulation.<\/p>\n<p>However, these allegations have not been verified. Another potential reason for the suppressed BTC price could be the looming threat of a U.S. economic recession.<\/p>\n<p><em>Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don\u2019t forget to follow us on\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>Telegram<\/strong><\/a>,\u00a0<a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>YouTube<\/strong><\/a>\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Twitter<\/strong><\/a>\u00a0for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recently, several theories have surfaced on X regarding why Bitcoin&#8217;s price has stagnated. But what exactly are these claims, and how credible are they? It seems like every day brings a new speculation in the cryptocurrency community. The latest buzz centers around why Bitcoin (BTC) isn\u2019t climbing in value, despite seemingly favorable conditions. One of<\/p>\n","protected":false},"author":1,"featured_media":27880,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[61,535,60,151],"class_list":["post-29285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-blackrock","tag-btc","tag-coinbase"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A Mysterious Theory Emerges About Why Bitcoin Isn\u2019t Rising - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/a-mysterious-theory-emerges-about-why-bitcoin-isnt-rising\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A Mysterious Theory Emerges About Why Bitcoin Isn\u2019t Rising - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Recently, several theories have surfaced on X regarding why Bitcoin&#8217;s price has stagnated. But what exactly are these claims, and how credible are they? It seems like every day brings a new speculation in the cryptocurrency community. The latest buzz centers around why Bitcoin (BTC) isn\u2019t climbing in value, despite seemingly favorable conditions. One of\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/a-mysterious-theory-emerges-about-why-bitcoin-isnt-rising\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-15T13:30:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-15T10:58:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/bitcoin.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1365\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/a-mysterious-theory-emerges-about-why-bitcoin-isnt-rising\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/a-mysterious-theory-emerges-about-why-bitcoin-isnt-rising\/\",\"name\":\"A Mysterious Theory Emerges About Why Bitcoin Isn\u2019t Rising - Coin Engineer\",\"isPartOf\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/a-mysterious-theory-emerges-about-why-bitcoin-isnt-rising\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/a-mysterious-theory-emerges-about-why-bitcoin-isnt-rising\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/bitcoin.webp\",\"datePublished\":\"2024-09-15T13:30:12+00:00\",\"dateModified\":\"2024-09-15T10:58:55+00:00\",\"author\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/70674da64ef7457ff399f5f51be296e2\"},\"breadcrumb\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/a-mysterious-theory-emerges-about-why-bitcoin-isnt-rising\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/coinengineer.net\/blog\/a-mysterious-theory-emerges-about-why-bitcoin-isnt-rising\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/a-mysterious-theory-emerges-about-why-bitcoin-isnt-rising\/#primaryimage\",\"url\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/bitcoin.webp\",\"contentUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/bitcoin.webp\",\"width\":1365,\"height\":800,\"caption\":\"bitcoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/coinengineer.net\/blog\/a-mysterious-theory-emerges-about-why-bitcoin-isnt-rising\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/coinengineer.net\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"A Mysterious Theory Emerges About Why Bitcoin Isn\u2019t Rising\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\",\"url\":\"https:\/\/coinengineer.net\/blog\/\",\"name\":\"Coin Engineer\",\"description\":\"Btc, Coins, Pre-Sale, DeFi, NFT\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/coinengineer.net\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/70674da64ef7457ff399f5f51be296e2\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/47d8a8204de9104b7e21c9124ecff87e02940cf67e2cf7122f4a02f1445ae66b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/47d8a8204de9104b7e21c9124ecff87e02940cf67e2cf7122f4a02f1445ae66b?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\/\/coinengineer.net\/\"],\"url\":\"https:\/\/coinengineer.net\/blog\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"A Mysterious Theory Emerges About Why Bitcoin Isn\u2019t Rising - Coin Engineer","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/coinengineer.net\/blog\/a-mysterious-theory-emerges-about-why-bitcoin-isnt-rising\/","og_locale":"en_US","og_type":"article","og_title":"A Mysterious Theory Emerges About Why Bitcoin Isn\u2019t Rising - Coin Engineer","og_description":"Recently, several theories have surfaced on X regarding why Bitcoin&#8217;s price has stagnated. But what exactly are these claims, and how credible are they? It seems like every day brings a new speculation in the cryptocurrency community. The latest buzz centers around why Bitcoin (BTC) isn\u2019t climbing in value, despite seemingly favorable conditions. One of","og_url":"https:\/\/coinengineer.net\/blog\/a-mysterious-theory-emerges-about-why-bitcoin-isnt-rising\/","og_site_name":"Coin Engineer","article_published_time":"2024-09-15T13:30:12+00:00","article_modified_time":"2024-09-15T10:58:55+00:00","og_image":[{"width":1365,"height":800,"url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/bitcoin.webp","type":"image\/webp"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/coinengineer.net\/blog\/a-mysterious-theory-emerges-about-why-bitcoin-isnt-rising\/","url":"https:\/\/coinengineer.net\/blog\/a-mysterious-theory-emerges-about-why-bitcoin-isnt-rising\/","name":"A Mysterious Theory Emerges About Why Bitcoin Isn\u2019t Rising - Coin Engineer","isPartOf":{"@id":"https:\/\/coinengineer.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/coinengineer.net\/blog\/a-mysterious-theory-emerges-about-why-bitcoin-isnt-rising\/#primaryimage"},"image":{"@id":"https:\/\/coinengineer.net\/blog\/a-mysterious-theory-emerges-about-why-bitcoin-isnt-rising\/#primaryimage"},"thumbnailUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/bitcoin.webp","datePublished":"2024-09-15T13:30:12+00:00","dateModified":"2024-09-15T10:58:55+00:00","author":{"@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/70674da64ef7457ff399f5f51be296e2"},"breadcrumb":{"@id":"https:\/\/coinengineer.net\/blog\/a-mysterious-theory-emerges-about-why-bitcoin-isnt-rising\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/coinengineer.net\/blog\/a-mysterious-theory-emerges-about-why-bitcoin-isnt-rising\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/a-mysterious-theory-emerges-about-why-bitcoin-isnt-rising\/#primaryimage","url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/bitcoin.webp","contentUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/bitcoin.webp","width":1365,"height":800,"caption":"bitcoin"},{"@type":"BreadcrumbList","@id":"https:\/\/coinengineer.net\/blog\/a-mysterious-theory-emerges-about-why-bitcoin-isnt-rising\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/coinengineer.net\/blog\/"},{"@type":"ListItem","position":2,"name":"A Mysterious Theory Emerges About Why Bitcoin Isn\u2019t Rising"}]},{"@type":"WebSite","@id":"https:\/\/coinengineer.net\/blog\/#website","url":"https:\/\/coinengineer.net\/blog\/","name":"Coin Engineer","description":"Btc, Coins, Pre-Sale, DeFi, NFT","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/coinengineer.net\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/70674da64ef7457ff399f5f51be296e2","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/47d8a8204de9104b7e21c9124ecff87e02940cf67e2cf7122f4a02f1445ae66b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/47d8a8204de9104b7e21c9124ecff87e02940cf67e2cf7122f4a02f1445ae66b?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/coinengineer.net\/"],"url":"https:\/\/coinengineer.net\/blog\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/29285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/comments?post=29285"}],"version-history":[{"count":2,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/29285\/revisions"}],"predecessor-version":[{"id":29287,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/29285\/revisions\/29287"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media\/27880"}],"wp:attachment":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media?parent=29285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/categories?post=29285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/tags?post=29285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}