Public miners liquidate historic reserves amid rising difficulty, halved rewards, and margin collapse
Bitcoin correlation Nasdaq weakens as BTC decouples from equities and shows historic breakdown
Bitcoin correlation Nasdaq weakens as BTC decouples from equities and shows historic breakdown
Bitfinex plans to use the returned coins to redeem all Recovery Right Tokens and devote at least 80 percent of remaining net proceeds to repurchasing and burning its UNUS SED LEO token.
Several on-chain and market data points on Thursday highlighted how institutional flows, miner balance sheets, and DeFi security incidents are shaping crypto sentiment, with fresh attention on large exchange withdrawals, ETF demand, and a sudden rotation into Bitcoin-native 'BRC-20' tokens. BlackRock-linked wallets show sizable Coinbase outflows On-chain monitoring cited by PANews and Onchain Lens indicated that BlackRock-associated addresses withdrew 3,899 Bitcoin (BTC) and 839 Ethereum (ETH) from Coinbase ($COIN) over an eight-hour window.
Schwab Crypto expands retail access to Bitcoin and Ethereum trading within a unified brokerage ecosystem
Wealthier crypto investors are concentrating fresh buying in market bellwethers such as Bitcoin (BTC) and Ethereum (ETH), even as a separate pocket of the market flashes signs of 'extreme oversold' conditions in smaller altcoins. The divergence underscores a cautious risk posture among large holders while select tokens experience steep drawdowns that are pushing momentum indicators to rare lows.
Bitcoin was trading around $74,700 during Asian morning hours on Friday, slipping 0.4% over the past 24 hours but still posting a solid 3.5% weekly gain. The modest pullback came as a 10-day rally in global equities took a breather ahead of next weeks U.S.-Iran ceasefire deadline.
Bitcoin has pushed back above $70,000 and is now testing resistance near $75,000, riding a wave of risk appetite that has sent equities sharply higher across global markets. The move looks straightforward on the surface — risk is on, assets are rallying, and Bitcoin is participating.
Funding rates at 2023 lows signal the market is heavily short against bitcoin, ZeroStack's Daniel Reis-Faria says, setting up conditions for a forced unwind if prices push higher.
Bitcoin price started a fresh increase and cleared the $74,650 zone. BTC is consolidating and might aim for more gains above the $75,500 level.
Analysts say reclaiming $76,000, sustained spot market buy volume and consistent inflows to the Bitcoin ETFs are the necessary components required for a rally to new highs.