Bitcoin holds near $83,509 after an $800 billion AI-driven selloff. Analyzing BTC support levels, ETF outflows, and what the tape needs to flip the downtrend.
Johor police's Ops Letrik dismantled a Bitcoin mining syndicate earning up to RM100,000 monthly via TNB electricity theft, seizing 71 rigs across four premises.
Bitcoin's $70,000 and $72,000 call strikes on Deribit have accumulated nearly $5 billion in open interest, with calls outnumbering puts by a significant margin.
Bitcoin price has slipped back toward $65,000 after spot ETF outflows, a major options expiry and rising oil prices stopped its rebound from extending beyond $66,800. According to data from crypto.
BTC held just under $65,000 and crypto broadly rose on Friday even as Brent crude surged to $97.66, its highest since May, as the Iran conflict persists and traditional markets stay muted.
The Singapore-based company once controlled nearly a fifth of Bitcoin's global hashrate. Now it owes $173 million and is selling off what's left.
BitMEX faces a 623 BTC lawsuit alleging unfair liquidations as the crypto derivatives pioneer prepares to shut down after 11 years.
Bitcoin tests $67,000 resistance as bullish momentum builds, with a breakout potentially opening the path toward $70,000 and $72,000.
Falling share prices, debt obligations and difficult market conditions are forcing former bitcoin accumulators to sell their holdings and restructure operations.
The convertible notes, preferred shares, and credit facilities that financed a large share of corporate Bitcoin holdings carry maturities, redemption windows, and dividend dates that determine when a company might need to sell.
Poolin Technology filed for Chapter 11 with $173 million in claims, lining up a $52 million stalking-horse bid for its Texas mining assets.
US spot Bitcoin funds break a seven-session inflow streak as BTC slips below $65,000 and market sentiment stays fearful.