Bitcoin (BTC) continues to face strong resistance near the $83,000 level, raising concerns among traders that another major market downturn could be approaching. Despite recent weakness, crypto research firm K33 believes the current Bitcoin cycle differs significantly from previous bear market collapses seen in 2014, 2018, and 2022.
Analytics firm CryptoQuant has highlighted how the Bitcoin futures market saw a notable amount of inflows alongside the recent price surge. Bitcoin Open Interest Shot Up Alongside Rally In a new post on X, CryptoQuant has talked about the latest trend in the Bitcoin Open Interest.
The Bitcoin mining sector accumulates more than 27 gigawatts of planned power capacity in the United States. Mining companies have announced contracts related to artificial intelligence worth over $90 billion. Securing a single gigawatt of grid-connected power can require more than four years in most U.S. states.
Bitcoin cracked below $78,000 this week. Not a clean break, not a collapse — but enough to rattle traders watching the $76,000 level like hawks.
Trump's bullish narrative has been tarnished by a brewing storm of moral dilemmas, memecoin disputes, and geopolitical unpredictability.
Bitcoin's latest rally has run into a major technical and on-chain resistance zone, with CryptoQuant research head Julio Moreno warning that several indicators now point to elevated correction risk after a sharp rebound from April lows. Moreno said CryptoQuant had been flagging a potential pullback for weeks, citing high unrealized profits, a spike in profit-taking across spot and futures markets, slowing US spot demand, and resistance from both technical and on-chain price levels.
A price move above $78.2k, increased ETF inflows and derivatives volume are needed to spark a BTC revival.
With bitcoin drifting just beneath the $77,000 range, a whale moved a cache of 500 BTC from a wallet established more than a decade ago. The funds appear to have flowed through the over-the-counter (OTC) desk Wintermute and a wallet identified as a Binance deposit address.
Strive expanded its reserves to 15,391 BTC after acquiring coins at an average price of $79,348, while also achieving debt-free status. The company will announce daily dividends starting June 16, 2026, moving to approximately 250 annual payments instead of the current 12 monthly ones.
BlackRock moves 5,847 Bitcoin worth $450M to Coinbase Prime as BTC trades near $77K and whale wallets continue rising.
Strive added 382 Bitcoin for $30.3m between May 13 and 18, lifting its total holdings to 15,391 Bitcoin Strive, Inc. disclosed via an 8-K filing on May 19 that it acquired 382 Bitcoin for approximately $30.
Lolli launched automatic Bitcoin cashback for users who link eligible debit or credit cards, partnering with commerce network Kard.