Category: Bitcoin News

Bitcoin risk-reward has shifted after recent selloff

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Bitcoin’s recent price decline has prompted market analysts to assess whether a price floor is forming, with one prominent on-chain researcher stating the risk-reward profile has shifted following the selloff. Summary “Checkmate” Check suggests Bitcoin has entered “deep value” territory. Recent selloff capitulation losses resemble those seen at 2022 cycle lows, indicating a potential market bottom forming with a 60% probability. Bitcoin’s price may be forming a bottom, but further declines are possible as market sentiment shifts. James “Checkmate” Check, a former lead researcher at Glassnode and author of Check…

Bitcoin price could crash further, Standard Chartered slashes target

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The Bitcoin price has already crashed by nearly 50% from its all-time high, and a top long-term bull believes there is more downside to come in the near term. Summary Bitcoin price has slumped from the all-time high to $66,000. Standard Chartered warned that the coin may drop to $50k. Technical analysis suggests that the coin may fall before rebounding. Bitcoin (BTC) retreated to $66,000 on Thursday, a few points above the year-to-date low of $60,000. This decline has persisted as its divergence from American stocks has widened, with leading…

Bitcoin ETFs Snap Inflow Streak With $276 Million Exit

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Crypto exchange-traded funds (ETFs) lost momentum as bitcoin and ether reversed into heavy outflows. XRP funds were flat, while solana ETFs managed a modest inflow in an otherwise cautious session. Crypto ETFs Turn Red as Bitcoin, Ether Slide Back to Outflows Momentum in crypto exchange-traded funds (ETFs) proved short-lived as midweek trading brought a decisive […] Original

Bitcoin price could bottom at $65K before major relief rally

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Bitcoin price is approaching a critical $65,000 support zone where Fibonacci and channel confluence suggest a potential local bottom may form before a strong relief rally unfolds. Summary Rising channel support and 0.618 Fibonacci converge near the $64,400–$65,000 zone Local downtrend likely persists until stronger support is tested Bullish volume at support could spark a relief rally toward channel resistance Bitcoin (BTC) price action remains corrective in the near term, with the market continuing to rotate lower within a broader rising channel. After failing to hold the channel midpoint, BTC has slipped into…

Cango offloads $305M in Bitcoin to fast-track AI infrastructure shift

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Cango sells $305M in Bitcoin to reduce loan risk and accelerate its pivot into AI infrastructure while keeping its mining business running. Summary Cango sold 4,451 BTC for $305M to repay a Bitcoin-backed loan and cut leverage.​ Funds will support AI compute expansion as mining margins tighten and rivals rebrand.​ The firm keeps mining, holds 7,400+ BTC, and hired a new CTO from enterprise software. Publicly traded Bitcoin miner Cango Inc. sold 4,451 Bitcoin over the weekend, using the proceeds to repay a Bitcoin-backed loan and support its expansion into…

Bitcoin on-chain loss metrics reach Luna crash levels

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Bitcoin’s on-chain loss metrics hit levels comparable to 2022’s Luna collapse, though at higher price points, signaling late-cycle capitulation rather than systemic crash. Summary Bitcoin’s Net Realized Profit/Loss metric entered deeply negative territory on Feb. 7, marking the second deepest level in history after June 2022’s Luna/UST collapse The 7-day moving average of realized losses reached one of the highest smoothed levels on record, with Feb. 5 posting the second-largest single-day loss in Bitcoin’s history Unlike 2022’s losses at lower prices, current losses are crystallizing around $67,000, suggesting a flushing…

Binance wraps up $1B SAFU Bitcoin transition in 30 days

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Binance has completed the final stage of its $1 billion SAFU Fund conversion, fully transitioning the exchange’s emergency insurance reserve from stablecoins into Bitcoin. Summary Binance has completed the $1 billion conversion of its SAFU insurance fund from stablecoins into Bitcoin, bringing total holdings to 15,000 BTC. The final tranche purchase of 4,545 BTC closed the transition within 30 days, in line with Binance’s original timeline. The move marks a strategic shift toward Bitcoin as a long-term reserve asset, with the exchange citing transparency and user protection. In a post…

Lombard Launches Bitcoin Smart Accounts Linking Custody to DeFi

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Lombard unveils Bitcoin Smart Accounts to recognize custodied BTC as onchain collateral, enabling decentralized finance ( DeFi) access without moving custody. Lombard announces Bitcoin Smart Accounts, a rail that lets BTC held in qualified custody, multi‑party computation (MPC) or self‑custody be used as onchain collateral across whitelisted protocols like lending network Morpho, while legal title […] Original