Category: Bitcoin News

Bitcoin on-chain loss metrics reach Luna crash levels

boss

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

boss

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

boss

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

Bitwise client invests $11M in Bitcoin during market correction dip

boss

Bitwise CEO reveals wealth management client invested $11M in Bitcoin during recent market correction, marking their first crypto purchase after two years. Summary Bitwise CEO Hunter Horsley disclosed that a wealth management client invested $11 million in Bitcoin during the recent cryptocurrency market correction The client had been in contact with the asset management firm for approximately two years without previously investing in cryptocurrencies Horsley noted that institutional and high-net-worth investors view the recent market decline as an investment opportunity rather than a risk Bitwise CEO Hunter Horsley disclosed that…

Danske Bank Adds Bitcoin and Ethereum ETPs to Trading Platform

boss

Danske Bank enables customers in the EU to invest in bitcoin and ethereum via exchange‑traded products on its trading platform. Danske Bank announces that customers using Danske eBanking and Danske Mobile Banking can now buy selected exchange‑traded products (ETPs) tracking bitcoin and ethereum, offered by recognized providers and covered by Markets in Crypto‑Assets (MiCA) and […] Original

Bitcoin price prediction as BTC ETFs break three-day inflow streak

boss

Bitcoin prices traded cautiously after US-listed spot Bitcoin ETFs snapped a three-day inflow streak, adding pressure to an already fragile market structure. Summary Bitcoin traded cautiously near $67,000 after US-listed spot Bitcoin ETFs ended a three-day inflow streak, flipping back to net outflows. ETF flow data points to waning institutional demand, reinforcing fragile market structure amid ongoing price consolidation. Technically, BTC remains well below its 50-day moving average, with RSI in the low-30s, keeping near-term momentum tilted to the downside. Bitcoin price struggles as ETF momentum stalls Bitcoin (BTC) was…

Bitcoin’s Draft BIP 360 Introduces P2MR in Push Toward Quantum Resistance

boss

Bitcoin developers have updated draft BIP 360 to introduce Pay-to-Merkle-Root (P2MR), a proposed output type designed to reduce long-term quantum risk while retaining Taproot’s scripting flexibility. The proposal removes Taproot’s key-path spend entirely, aiming squarely at the portion of modern bitcoin addresses most exposed to future quantum attacks. P2MR Could Offer Conservative First Step Toward […] Original

Michael Saylor Vows Strategy Will Keep Buying Bitcoin

boss

Michael Saylor says Strategy has no plans to sell its bitcoin, even in a prolonged downturn, as BTC trades near $65,900 to $66,150. Strategy Won’t Sell BTC as Saylor Dismisses Liquidation Fears Michael Saylor has once again made clear that Strategy’s bitcoin playbook is unchanged: accumulate and hold. Speaking on CNBC’s Squawk Box, the company’s […] Original

XRP price could fall below $1 if Bitcoin reaches this level

boss

Cryptocurrency analyst TARA has forecast that XRP could decline below the $1 psychological support level, citing the altcoin’s correlation to Bitcoin’s price movements, according to a social media post. Summary Analyst TARA warns XRP could drop below $1 if Bitcoin experiences a near-term correction, citing correlation with Bitcoin and key Fibonacci support levels. Another analyst, CasiTrades, sees XRP in a Wave 4 relief bounce, with potential lower targets if key retracement levels fail to hold, but notes these levels may offer long-term buying opportunities. Despite short-term downside risks, both analysts…

Bitcoin Slumps Below $66,000 as Strong US Jobs Data Dampens Rate-Cut Hopes

boss

Bitcoin twice fell below $66,000 in a volatile session, plunging nearly $2,800 in one hour before rebounding and slipping again. Mixed Market Drivers On Feb. 11, bitcoin briefly tumbled below $66,000 twice, as the cryptocurrency market endured yet another volatile trading session. Data reveals that Bitcoin first plummeted by nearly $2,800 in just one hour—dropping […] Original