Strike has secured a New York Bitlicense and a Money Transmitter License from the New York State Department of Financial Services, allowing the bitcoin payments platform to offer its services to residents and businesses across the state. The company, founded by Jack Mallers and operated under Chicago-based Zap Solutions Inc., announced the approval on March […] Original
Tag: Bitcoin
US Jobs Miss Fails to Stop Bitcoin Erasing Its $74,000 Breakout Attempt
Bitcoin (BTC) slipped under $70,000 around Friday’s Wall Street open as weak US employment data failed to boost risk assets. Key points: Bitcoin and stocks slump in reaction to a surprise downturn in US nonfarm payrolls. Fed interest-rate odds stay hawkish, with markets seeing just one cut this year. BTC price action “round trips” its latest breakout attempt, continuing a 2026 trend. Bitcoin ignores “clearly weakening” labor market Data from TradingView showed daily BTC price downside passing 3% to hit $68,176 on Bitstamp. BTC/USD one-hour chart. Source: Cointelegraph/TradingView US nonfarm…
Bitcoin Hovers Near $69.6K to $70.5K as Range Battle Intensifies
At 8:30 a.m. EST, bitcoin traded at $69,926 on March 6, 2026, with a market cap of roughly $1.39 trillion and about $48 billion in 24-hour trading volume. The session’s intraday band ranged from $69,732 to $72,956, leaving price pinned near the middle of a tightening consolidation range where buyers defend the $69,000 area while […] Original
Bitcoin price eyes reversal as IFP indicator flips bullish
Bitcoin price is showing early signs of a possible trend shift after a key on-chain indicator flashed a rare bullish signal, even as the market continues to consolidate. Summary Bitcoin’s Inter-exchange Flow Pulse crossed above its 90-day moving average for the first time since early 2025. BTC is consolidating between $67K and $72K after a sharp drop from the $95K region. A breakout above $72K could open the path toward the $75K–$78K resistance zone. Bitcoin (BTC) was changing hands at around $70,080 at the time of writing. That represents a…
Arthur Hayes warns U.S.–Iran war could force Fed back to the printer, supercharging Bitcoin
Bitcoin is pinned in a heavy macro crossfire as Arthur Hayes argues that an Iran‑driven oil shock could drag the Fed into fresh money printing and ultimately catapult BTC toward six‑figure territory. Summary Hayes links a U.S.–Iran war, an oil spike, and surging bond volatility to a renewed “money printing bailout” that he says will be rocket fuel for BTC. Brent is already up roughly 24% in a month as conflict chokes the Strait of Hormuz, while Treasury yields and inflation expectations grind higher. BTC, stuck well below its 2025…
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Bitcoin Rally May Be Setting Up A Macro Lower High, Analyst Says
Bitcoin’s latest rally has injected fresh optimism into the market, but the analyst believes the move may be setting the stage for a critical turning point rather than the start of a sustained uptrend. After weeks of volatility and uneven momentum, BTC has climbed toward key resistance levels, prompting debate over whether the current surge reflects strength or a temporary rebound within a broader market structure. Is Bitcoin Repeating A Classic Market Structure Pattern? The reason Bitcoin is simply rallying at the current range is to set what is likely…
$74K Bitcoin Local Peak? Traders Divided on Bear Market Continuation
Bitcoin (BTC) traded 4.5% below the $74,000 high reached on Thursday, with traders conflicted over whether this level may have marked the local top for BTC price. Key takeaways: Bitcoin charts still show similarities to the 2022 bear cycle, suggesting another leg down below $60,000 is possible. Others say the bottom is in and expect a breakout rally to $75,000–$80,000 to be next. Is the 2022 BTC price cycle repeating? BTC’s current technical structure, following the latest recovery from $60,000, shows similarities with the middle of past bear cycles. Bitcoin’s…
Bitcoin and Solana ETFs See Outflows Amid Market Dip
The latest streak of inflows in US spot Bitcoin exchange-traded funds (ETFs) was interrupted by fresh outflows as the BTC price dipped below $71,000 on Thursday. Spot Bitcoin (BTC) ETFs saw $228 million in net outflows on Thursday, ending the three-day inflow streak of about $1.1 billion, according to SoSoValue data. While weekly inflows still held at $917.3 million heading into Friday’s session, year-to-date net outflows rose to around $900 million. Cumulative inflows in 2026 so far amount to $3.58 billion, while cumulative outflows total $4.49 billion. Total assets under…
Bitfinex Leads Major Bitcoin Outflows as Weekly Total Hits 47,000 BTC
Bitcoin exchange withdrawals spiked to more than $2 billion of BTC on Wednesday, with analysis eyeing a potential major spot buy. Bitcoin (BTC) “large-scale accumulation” is on the radar after 31,900 BTC left Bitfinex in a single day. Key points: Bitcoin exchange withdrawals spark hope of a fresh round of accumulation this week. Bitfinex sees its largest daily BTC outflow since June 2025 at around 25,000 BTC. Exchange stablecoin flows point to Bitcoin dip-buying. Bitcoin withdrawal spike raises eyebrows New analysis released on Friday by Axel Adler Jr., a contributor…