Bitcoin | Crypto

Bitcoin climbed back above $62,000 once a weak US jobs report cooled bets on a near-term Federal Reserve rate hike, and the spot chart reads as a relief rally. The options desks trading Bitcoin's futures are pricing something more guarded. The US Bureau of Labor Statistics put June payroll growth at just 57,000, well below […] The post Bitcoin’s weekend rally faces a $66k trap as traders still hedge for another drop appeared first on CryptoSlate.

With Wall Street and ETF rails shut, BTC keeps trading, proving that always-on access can also mean thinner liquidity. The post Bitcoin’s Freedom Money to set Independence day liquidity benchmark while Wall Street shuts down appeared first on CryptoSlate.

Bitcoin bounced back above $60,000 this week, but increased volatility might be on the way as crypto deposits to exchanges spike.

Bitcoin price strength could "break" the entire downtrend if the reversal pattern completed, John Bollinger suggested in light of the BTC rebound. Bitcoin (BTC) is completing a “perfectly fractal” reversal pattern that a well-known analyst hopes could end the bear market. Key points: Read more

The transfer is not confirmed as a sale, but it points to a harder funding question for public miners. The post Reported Riot 500 BTC custody transfer exposes Bitcoin miners’ AI funding pressure appeared first on CryptoSlate.

BGeometrics shows support at 0.42% since May 1, while Farside's alerts make the August lock-in window harder for exchanges, wallets, pools, and node operators to ignore. The post Bitcoin’s BIP-110 fork fight gives exchanges an August deadline before miners signal support appeared first on CryptoSlate.

Tim Draper denies moving Bitcoin after blockchain analysts linked him to a wallet that transferred 1,000 BTC to Coinbase Prime. Billionaire investor and longtime Bitcoin bull Tim Draper has denied moving his Bitcoin after blockchain analysts linked him to a large BTC transfer to Coinbase Prime. “Haven’t touched my BTC,” Draper told Cointelegraph on Friday, adding that he still expects Bitcoin to reach $250,000 within one year. The statement came after blockchain analytics platform Lookonchain reported Friday that a wallet “possibly linked” to Draper had transferred 1,000 Bitcoin worth about $62 million to Coinbase Prime, citing data from Arkham. Read more

Bitwise chief investment officer Matt Hougan said the bottom is “closer than ever,” while a Swan Bitcoin analyst suggested investors buy now at a discount rather than overpaying later. Bitcoin’s realized profit and loss ratio has fallen to a 43-month low of -0.35, a figure that signals extreme market-wide loss conditions but has historically coincided with market bottoms, blockchain analytics platform CryptoQuant said. The Bitcoin realized P&L ratio — which measures the net percentage of Bitcoin (BTC) in profit or loss relative to total supply — hasn’t fallen this low since December 2022, shortly after FTX shockingly collapsed and sent Bitcoin below $16,000. “Historically the indicator has marked BTC bottoms with extreme precision,” CryptoQuant said on Thursday. In 2015 and 2019, the Bitcoin realized P&L ratio also fell below -0.35 before price rallies followed.  Read more

Bitcoin and Ether bounced off multi-year lows as dip buyers finally stepped in, and the spot BTC ETFs saw a $221 million inflow on July 2. Bitcoin (BTC) rallied, $50 short of $63,000, on July 3, and Ether (ETH) outperformed the wider market, pushing to $1,775. The end-of-week rally comes a few days after BTC fell to a 21-month low and ETH sank to fresh year-to-date lows. Highlighting the negative sentiment, the Crypto Fear & Greed index registered “Extreme Fear” at 11 out of 100.  Crypto Fear & Greed Index. Source: Alternative.me Read more

Michael Saylor’s Strategy has calmed the immediate panic around its preferred-stock complex, but the company’s latest overhaul points to a more complicated phase for one of Bitcoin’s most visible corporate buyers. Strategy, formerly known as MicroStrategy, announced a new capital-management framework this week after STRC, its flagship preferred stock, fell to a low of $71.25 […] The post Strategy bought time but Bitcoin’s next cycle may need buyers beyond Saylor appeared first on CryptoSlate.

Strategy authorizes Bitcoin sales, Open USD takes on USDT and USDC, Fidelity defends Bitcoin security and crypto ramps up political spending for 2026. For years, Michael Saylor’s Strategy built its brand around a simple mantra: Buy Bitcoin. Never sell. This week, that narrative changed.   The company authorized up to $1.25 billion in Bitcoin sales under a new capital framework. At current prices, that equates to roughly 21,000 BTC that could eventually hit the market — a reminder that even Bitcoin’s most committed corporate holder isn’t immune to the realities of capital management. This week’s Crypto Biz explores how the digital asset industry is entering a more pragmatic phase, where ideological purity is giving way to financial discipline. It also examines the intensifying stablecoin race as issuers compete for reserve yield, Fidelity's latest defense of Bitcoin's long-term security model and the crypto industry’s growing political influence ahead of the 2026 US midterm elections. Read more

Bitcoin set new highs for July after the Dow Jones and global stocks market cap set new all-time highs before the US Independence Day holiday. Bitcoin (BTC) saw new July highs on Friday as bulls kept pushing over the US holiday period. Key points: Read more

Bitcoin’s recovery above $60,000 is facing a fresh test from exchange-flow and derivatives data after large holders moved one of the year’s largest daily BTC inflows onto trading platforms during the latest selloff. Data from CryptoSlate showed that the flagship digital asset was trading at $61,528 at press time, after dropping below $58,000 earlier in […] The post Bitcoin whales send 49,000 BTC to exchanges as $60K rebound shows signs of weakness appeared first on CryptoSlate.

Bitcoin supply dynamics pointed toward the end of the 2026 bear market after the first "buy" signal since November 2022, but analysis warned that BTC price could still go lower. Bitcoin (BTC) has added another bear-market bottom signal this month as analysis draws comparisons to November 2022. Key points: Read more

A defendant who owns one of the dormant Bitcoin wallets filed to dismiss the New York case, which seeks ownership of $229 billion worth of Bitcoin considered lost. A pseudonymous defendant has moved to dismiss a New York lawsuit seeking ownership of 39,069 dormant Bitcoin addresses, arguing that Bitcoin addresses are merely data strings that cannot be sued. The defendant, identifying themselves as “John Doe 33,” filed a notice of appearance and motion to dismiss on Thursday, claiming they control one of the dormant wallets named in the lawsuit. According to the motion, the lawsuit is legally defective because Bitcoin address strings are neither persons nor legal entities subject to the court's jurisdiction. The filing argues that a public Bitcoin address cannot itself be “found” under New York's lost-property law because it has always been publicly visible on the blockchain. Read more

June payrolls missed badly, and traders read it as the rate-cut catalyst Bitcoin needed. Payrolls rose by just 57,000, against an estimate of 110,000. The Bureau of Labor Statistics also cut the prior two months by a combined 74,000, April down 31,000, and May down 43,000. Unemployment fell to 4.2%, and wages held at 3.5% […] The post Bitcoin rally hinges on whether the Fed buys into the weak jobs report after bad miss appeared first on CryptoSlate.

Bitcoin’s second-quarter slide unfolded alongside a rare contraction in the stablecoin market, adding another sign that crypto liquidity weakened beyond spot prices alone. Bitcoin traded below $60,000 during the quarter, reaching its lowest level since 2024, and fell 14% across Q2. At the same time, total stablecoin supply slipped to $312 billion, down more than $3 […] The post Bitcoin’s 14% Q2 drop came as stablecoin market contracts for first time since 2023 appeared first on CryptoSlate.

Irish authorities recovered 500 Bitcoin in criminal proceeds, bringing the total seized by the Criminal Assets Bureau to about $92 million in BTC for 2026. Ireland's Criminal Assets Bureau (CAB) confirmed the seizure of another 500 Bitcoin, currently worth about 27 million euros ($30.9 million), in collaboration with Europol's European Cybercrime Centre.  That brings the total Bitcoin seized by CAB in 2026 to 1,500 BTC, worth about $92.4 million, the law enforcement agency said in a social media post on Thursday. CAB said Europol had provided operational coordination, technical expertise and decryption support during the investigation. The agency did not disclose the identity of the wallet owner or details of the underlying investigation, adding that it had no further comment. Read more

Bitwise’s Matt Hougan said Strategy's STRC offer of high yields and low volatility was always a questionable fit for buying Bitcoin, as the cryptocurrency offers neither. Strategy’s era as the dominant Bitcoin buyer may have come to an end following last week’s STRC turmoil, which cast doubt on the company’s Bitcoin-buying strategy and sent the cryptocurrency to a nearly two-year low, according to Bitwise chief investment officer Matt Hougan. “For years, Strategy has been the most dominant Bitcoin buyer in the world and a one-way source of Bitcoin demand. Those days are likely over,” Hougan said Thursday.  “I just expect it to be a less important figure in Bitcoin in the next cycle than it was in the last,” Hougan said, adding that investment banks, asset managers, pensions, endowments and sovereign wealth funds will likely replace Strategy as Bitcoin’s primary demand driver. Read more

Bitcoin bulls may make a run on $70,000 after weak US jobs data eased rate hike fears and capital looks to rotate into BTC and gold. Key takeaways: Bitcoin reclaimed the $61,000 mark following a disappointing US job market report. Traders grew less certain of a near-term interest rate hike from the US Federal Reserve (Fed) given the worsening labor data. The tech-heavy Nasdaq index sold off, fueling hopes of a capital rotation favoring Bitcoin. Read more