Author: boss

South Korean Traders Push Bitcoin Into Its Deepest Discount Since 2021 – Bitcoin News

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Key Takeaways Bitcoin hit a 3.1% KRW discount on June 1, its deepest gap since February 2021. Upbit logged $1.21B on June 6, yet BTC traded 2.46% below global prices. SK Hynix gained 1,000%+ as AI stocks rallied; BTC demand may stay muted. Nearly a Month of Discounts Signals a Dramatic Shift in Korean Bitcoin Demand For bitcoin pricing in South Korea, 2026 has delivered an unusual twist, with a substantial share of the year marked by pronounced discounts rather than the country’s customary premium. According to Cryptoquant metrics, the…

CLARITY Act Momentum Slows As Approval Odds Fall To 60%

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A July 4 target date for advancing crypto market-structure legislation through the Senate is now looking less certain, according to Galaxy Digital’s head of research. Senate Calendar Creates A Bottleneck Alex Thorn revised his probability estimate for the CLARITY Act passing in 2026 from 75% down to 60%, citing a Senate schedule that has grown increasingly crowded with competing priorities. Next week’s agenda is expected to be taken up largely by FISA-related business following a failed reauthorization vote, leaving little room for crypto legislation to advance. Thorn said the obstacle…

Goldman Sachs, Apex Group, and Archax Build Institutional Tokenized Real Estate Fund – Bitcoin News

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Key Takeaways Goldman Sachs issued the first blockchain-native tokens for the LRC real estate fund on April 27, 2026, via its GS DAP platform. Apex Group, servicing over $3.5 trillion in assets, handles AIFM, administration, and depositary roles for the Luxembourg-domiciled fund. The structure targets institutional investors across the EEA, with no retail access or secondary market trading announced yet. The fund, formally structured as the LRC Tokenized Real Estate Fund SCSp, SICAV-RAIF, is domiciled in Luxembourg and distributed across the European Economic Area. Its first token issuance took place…

Bitcoin most oversold since 2020 crash: Can BTC rebound to $70K next?

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Bitcoin’s latest oversold RSI mirrors 2020 and February 2026 setups that preceded 50% and 30% rebounds, putting $70K back in focus. Bitcoin (BTC) is now flashing its most oversold signal since the COVID-19 crash, raising the odds of a relief rebound toward $70,000 in the coming weeks. Key takeaways: As of Saturday, Bitcoin’s daily relative strength index (RSI) stood near 15.5, well below the 30 level that typically marks oversold conditions and its lowest reading since the March 2020 market crash. Read more Original

Bitcoin ETFs Bleed $326M as BTC Sinks to $59K and Ether Slides Toward $1,500

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Key Takeaways U.S. spot bitcoin ETFs lost $326 million while ether ETFs shed $5.97 million yesterday. The redemptions resumed selling pressure barely a day after both products snapped outflow streaks. Persistent outflows signal cooling institutional appetite as bitcoin trades near multi-week lows, bottoming out at a local low of about $59,000 recently. Outflows Return After a Brief Reprieve Spot ETFs are regulated funds that hold bitcoin or ether on behalf of investors and trade like stocks, giving traditional money a familiar wrapper for crypto exposure. Net flows into and out…

Bitcoin Price Under Bearish Pressure For 48 Straight Days On Binance

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The Bitcoin price faced overwhelming bearish pressure this past week, but it appears that this bearish story has been building up for much longer than was apparent in BTC’s previous price action. According to a recent on-chain analysis, the Bitcoin price has been under sell pressure on the largest cryptocurrency exchange for more than a week. Binance Bitcoin Inflows Signal Sell Pressure For 48 Consecutive Days In a recent QuickTake post on CryptoQuant, a pseudonymous on-chain analyst, Crazzyblockk, revealed an ongoing streak of Bitcoin selling on Binance, the world’s leading crypto…

Decade-Old Bitcoin Wallets Reemerge and Shift $37 Million as BTC Hits 2026 Low

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Key Takeaways Btcparser.com discovered three bitcoin wallets from 2014 and 2017 that moved 599.76 BTC worth $37.04M in 2026. Bitcoin’s 16,693.44% gain highlights long-term value creation from dormant holdings. BTC funds remain in new addresses; analysts await clues on owners’ next moves. Ancient Bitcoin 2014 Wallet Stirs A dormant bitcoin ( BTC) address, first seen on Nov. 12, 2014, and untouched ever since, transferred 165.50 BTC this week at block height 952452. After remaining inactive for more than a decade, the Pay-to-Public-Key-Hash (P2PKH) address reemerged onchain, moving its holdings in…

Analyst Says This Is When Price Will Touch $10-$20

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Crypto analyst Crypto Patel has revealed when XRP could rally to between $10 and $20. This came as he commented on the token’s history following its 14th anniversary celebration, noting that it is one of the oldest crypto assets.  Analyst Reveals When XRP Will Rally To Between $10 and $20 In an X post, Crypto Patel predicted that XRP would trade between $10 and $20 by its 20th anniversary in 2032. The analyst also touched on the token’s history, noting that the XRP Ledger (XRPL) went live on June 2,…

RSI Crashes to 16 as Bitcoin Consolidates Near $61,000 After $59.1K Low

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Key Takeaways Bitcoin’s daily RSI hit 16 on June 6, 2026, one of the most oversold readings in recent months, while price held above the $59,100 swing low. All 13 moving averages on Bitstamp’s chart flag bearish signals, with the 200-period EMA sitting at $80,090, well above the current price. Traders are assigning a 35% probability to a relief rally toward $65,000, with a 20% chance of renewed breakdown below $59,100. Daily Chart: Downtrend Intact, Relief Setup Possible The daily chart tells a cautious story. Bitcoin has posted a clear…

Cardano Price Could Be Heading To $0.1 — Crypto Founder Offers Insight

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Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…