Anthony Scaramucci said the current downturn in Bitcoin (CRYPTO: BTC) reflects a typical market cycle rather than a structural issue, as he reiterated a long-term bullish outlook on the crypto sector. Near-Term Weakness, Long-Term Optimism Speaking at the Solana Policy Summit, Scaramucci said he expects continued market softness in the near term, with a more meaningful recovery likely toward late 2026 or early next year.
Pantera backs shareholder push for Satsuma to sell $50 million bitcoin hoard after 99% stock plunge, according to Bloomberg.
US-listed spot Bitcoin ETFs recorded $335.8 million in net inflows on Wednesday, extending their positive streak to seven consecutive trading days.
Pantera Capital is urging London-listed bitcoin treasury firm Satsuma Technology to sell its remaining $50 million in bitcoin and return the proceeds to investors, according to Bloomberg. Key Takeaways: Pantera Capital is pressing LSE-listed Satsuma Technology to sell $50M in bitcoin.
Bitcoin topped $79,500 on April 22 but failed to break $80,000, then slipped toward $77,700 as tension around Iran and the Strait of Hormuz resurfaced. MemeCore led the green pockets, rising 6% to a new all-time high near $4.60 and moving into 19th place by market capitalization.
With Bitcoin topping $79K Wednesday, a "cleared risk landscape" hints at a potential extension of its ongoing rally.
Bitcoin users are dismissing Professor Jiang's viral claim that Bitcoin was a CIA project, calling the theory speculative and unconvincing.
Bitcoin's stability amid geopolitical tensions highlights its potential as a hedge, but long-term impacts depend on evolving global dynamics. Bitcoin holds steady above $68K amid US-Iran tensions, rising oil prices.
BTC Inflows: Bitcoin ETFs recorded a seven‑day streak totaling $1.9B as BTC briefly moved above $79,000, marking its strongest momentum since January and signaling renewed investor confidence across spot products. Fund Leaders: IBIT captured $1.
Bitcoin fell 2.86% today from yesterday's intraday high while the S&P 500 gapped lower. The current Bitcoin price chart shows BTC rallying from roughly the mid-$74,000s on Monday, Apr. 20, to a local high near $79,500 yesterday, then reversing by about $2,276 over roughly 17 hours.
Tesla confirms its stance on bitcoin. In the first quarter, the automaker reports a loss of $173 million related to its cryptos, without modifying its reserves.
Justin Sun is suing Trump's World Liberty Financial, and the U.S. government is now openly running a Bitcoin node.