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Short-term holder profit-taking is offsetting fresh demand from exchange-traded funds (ETFs) and Strategy, according to Bitfinex analysts. The firm said this dynamic is pointing to consolidation below $80,000.

Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…