Bitcoin
How To Avoid The Major Trap That Bitcoin Is Setting Up For Traders
Bitcoin is entering another decisive period after spending recent months trading inside a higher-timeframe ascending range. Technical analysis of the daily chart setup shows the Bitcoin price moving inside an ascending channel structure, but the structure is becoming more dangerous as the cryptocurrency is now approaching its lower boundary.
Bitcoin Loses $70K While 10,300 BTC Leave Mt. Gox-Linked Addresses – Details
Bitcoin has lost the $69,000 level as selling pressure intensifies and the market faces a wave of uncertainty that has erased weeks of recovery progress in a compressed timeframe. The breakdown is significant — and CryptoQuant data has identified a development in the on-chain flow data that adds a specific and historically significant supply dimension to the current weakness.
Bitcoin's compute power dwarfs top 100 supercomputers by 600k times, says Bittensor co-founder
Ala Shaabana explains how using Bitcoin network's coordinate-and-reward playbook can bust open corporate monopolies on AI.
Wintermute: Long-Term Funds Are Buying BTC in OTC Tranches Amid ETF Outflows
Wintermute says long-term funds are accumulating BTC via OTC desks as ETF outflows hit a record streak.
As Bitcoin Sinks, It's Time for Ethereum to Outperform: Standard Chartered
Bitcoin is falling following Strategy's first BTC sale since 2022—and one analyst sees that as a good thing for Ethereum.
Trader Loses 1,680 BTC Fight as South African Court Classifies Bitcoin as Capital
A South African High Court ruled that bitcoin can be legally treated as “capital” and a “negotiable instrument” (a form of money) because it holds value, is used for speculation, and is accepted by merchants.
Altcoins Attract $4B Despite Bitcoin Sell-Off as Analyst Signals Bullish Rotation
Altcoins gained $4 billion in total market capitalization on June 2 even as Bitcoin fell below $68,000 after losing nearly 6% on the day. Analyst Sykodelic said altcoins had stopped reacting mechanically to BTC weakness, while Bitcoin dominance fell by 1% and several tokens rallied sharply. The bullish rotation thesis rests on OTHERS.
“Godfather of Crypto” Predicts Bitcoin Could Hit $1 Million on Saylor Buying Pressure
Bitcoin (BTC) could eventually reach $1 million per coin, according to crypto industry veteran Michael Terpin.
Strategy's rare Bitcoin sale sparks broader market ramifications
Strategy's Bitcoin sale signals a shift in corporate crypto strategies, potentially influencing other firms to reconsider their Bitcoin holdings. Strategy's rare Bitcoin sale sparks broader market ramifications.
Analyst Warns Bitcoin May Plunge Another 25% as Bearish Risks Mount
Bitcoin is facing renewed selling pressure after a bearish technical breakdown, prompting warnings of a potential 20%–25% correction. While short-term sentiment remains cautious, many investors continue accumulating BTC through spot purchases.
Bitcoin Crashes Below $67,000 for the First Time Since February
This Tuesday, the price of Bitcoin fell below $67,000, marking its lowest level since February, after the firm Strategy revealed its first asset sale in three and a half years. The company liquidated 32 BTC between May 26 and May 31 at an average price of $77,135, generating a total of $2.
Bitcoin is down today – Will sustained ETF outflows pull BTC further?
Bitcoin was down because of souring investor sentiment, as reflected in the Spot ETF netflow figures since mid-May.
