The digital asset nosedived to $80K early Friday morning, but a speech by the President of the New York Fed, may have just saved bitcoin from plunging further. Bitcoin’s Lazarus Moment, Courtesy of the Fed John Williams is not a name many will recognize, but when he talks, markets listen, and often, they also react. […] Original
Bitcoin ETFs suffered their second-largest outflow in history, while ether funds extended their losing streak to eight days. Solana ETFs once again delivered strong inflows, providing the day’s lone bright spot. Solana Stays Green as Massive Bitcoin Outflows Hit Market Some days test the conviction of even the most resilient investors, and Thursday, Nov. 20, […] Original
Bitcoin’s push into the $73,000–$84,000 reset range tied to Strategy and Blackrock’s Ishares Bitcoin Trust (IBIT) is concentrating pressure that could flush out sellers and fortify institutional positioning, according to an expert, setting up a stronger base. Bitcoin’s Max-Pain Reset Zone Takes Center Stage Max pain now defines the pressure shaping bitcoin’s next major inflection […] Original
Bitcoin continues its rollercoaster routine with a current price of $83,677 to $84,142 over the last 60 minutes, as the broader crypto market tightens its seatbelt. With a market cap of $1.67 trillion and a jaw-dropping 24-hour trading volume of $143.39 billion, bitcoin is flashing volatility within a daily range of $81,050 to $91,765—proof that […] Original
Shares of Michael Saylor-led Strategy could be at risk as Bitcoin price has fallen to multi-month lows below $100,000. Summary Shares of Strategy have dropped by over 40% in the past month. Bitcoin’s ongoing downtrend has continued to pressure MSTR share prices. JP Morgan analysts are concerned that a potential delisting from major indices could add to the woes. Michael Saylor-led Strategy is the largest Bitcoin-holding public company in the world, with a massive Bitcoin war chest of 649,870 BTC that is worth roughly $48.3 billion as of today. This…
Bitcoin prices lost another key level, moving under $84K as Japan approved a stimulus package that aims to put nearly $273 billion behind its worsening economy. Analysts assess that the uncertainty caused by this development might creep into stock markets and affect bitcoin, which is correlated with risk assets. Bitcoin Loses $85K, Liquidations Hit Over […] Original
Bitcoin price tanked to a 7-month low of nearly $85,000 on Friday as investors holding long positions were caught off guard by a sharp selloff, while outflows from its spot ETFs continued to add pressure. Summary Bitcoin price fell below $86,000 during Asian trading hours on Friday. Over $443 million in long liquidations across Bitcoin’s Futures market and weak demand have added to the downside momentum. Analysts predict Bitcoin could continue its downtrend over the coming weeks. According to data from crypto.news, Bitcoin (BTC) price dropped 7% to an intraday…
Trump backed $ABTC just dropped its first earnings as a public company. This “not just a miner, not just a treasury” company is now targeting 50 EH/s to power its BTC-focused growth strategy. The following guest post comes from BitcoinMiningStock.io, a public markets intelligence platform delivering data on companies exposed to Bitcoin mining and crypto […] Original
Bitcoin price started another decline below $90,000. BTC is now showing bearish signs and might struggle to recover above $88,5000. Bitcoin started a fresh decline below $92,000 and $90,000. The price is trading below $90,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $91,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it settles below the $90,000 zone. Bitcoin Price Dips Further Bitcoin price failed to stay in a…
A nationwide boost for taxpayers takes shape as a new plan would let Americans use bitcoin for federal payments while building a long-term reserve designed to protect purchasing power, expand choice, and strengthen the country’s financial footing. US Lawmaker Champions Bitcoin for America Act With Multi-Decade Asset Retention A wave of digital-asset policy momentum is […] Original