Bitcoin | Crypto

Bitcoin continued rising after hitting a 21-month-low earlier this week, topping $62,000 and leading a broader crypto market rebound.

Glassnode's latest Week Onchain report shows that roughly 10.83 million BTC are now in the red, against 9.22 million still in profit. Loss-making supply now accounts for roughly 54% of the measured total, compared with 46% still in profit, meaning underwater coins exceed profitable coins by about 1.61 million BTC. Glassnode describes this as one […] The post Wall Street is selling Bitcoin but the old holders are now buying it back appeared first on CryptoSlate.

SBI Crypto will shut down its Bitcoin mining pool on July 31 after more than five years, ranking 12th globally with about 2.2% of hashrate share. SBI Crypto, a cryptocurrency-focused division of Japanese financial conglomerate SBI, is shutting down its Bitcoin mining pool after a five-year run. The company announced Wednesday that it will end mining pool operations on July 31 and will stop accepting mining shares at the same time. It did not provide its rationale for closing the pool. SBI Crypto said miners should keep directing hashrate to the pool until the cutoff so final payouts can be calculated correctly before operations end. “We would sincerely appreciate your continued support by mining with us until the final day of operation,” it said. Read more

Bitcoin rose after Fed Chair Kevin Warsh said inflation risks had eased. A 7.9% drop in South Korea's Kospi on renewed AI chip worries did little to dent the bid.

The filing ties a full BTC liquidation to debt repayment, collateral language, Nasdaq pressure and an AI pivot. The post A US Bitcoin treasury company sold every BTC because debt and Nasdaq pressure just closed in appeared first on CryptoSlate.

Bitcoin price just reclaimed $60,000 after a 21-month low of $58K, and the Ethereum price tagged $1,600 in the bounce as OUSD launches. The post Crypto News, July 2: Circle USDC Hit by Blackrock and Ripple XRP Backed OUSD, Bitcoin and Ethereum Price Recovering appeared first on Cryptonews.

Metaplanet bought 2,823 Bitcoin during the second quarter, reducing its average acquisition cost to $106,500 per BTC, and reported $10.9 million in revenue from its income generation strategy. Japanese investment company Metaplanet acquired 2,823 Bitcoin during the second quarter at a price below its average purchase price, as its holdings surpassed 43,000 BTC. The company acquired its latest trove at an average price of about 12.71 million yen ($78,850 at current exchange rates), reducing its average acquisition cost to about $95,117 per BTC from $96,258, according to a Thursday announcement. Metaplanet now holds 43,000 Bitcoin acquired for about $4.1 billion. It also reported about $10.95 million in revenue from its Bitcoin income generation strategy in the quarter, which earns premiums by selling cash-secured options and employing other Bitcoin-related yield strategies. Read more

The Tokyo-listed company expanded its Bitcoin treasury to 43,000 BTC even as its shares remain down nearly 49% this year.

Bitcoin rallied above $60,000 despite Federal Reserve rate hike fears and steady outflows from the BTC spot ETFs. Is the rally a bull trap? Key takeaways: Bitcoin (BTC) reacted positively to US Federal Reserve Chair Kevin Warsh's remarks on stubborn inflation. Despite the gains on Wednesday, traders fear that incentives for fixed-income investments and strong earnings momentum in tech stocks will continue to pressure non-yield-bearing assets like cryptocurrencies. Read more

Bitcoin found its footing after bulls took steps to reclaim the $60,000 level, but data casts doubt on whether it will flip back to support. Bitcoin (BTC) traded as high as $60,200 on Wednesday, up about 2.7% over the past 24 hours after falling to a 21-month low of $57,737 earlier in the session. Ether (ETH) and Solana (SOL) also gained, up 3% and 4.85%, respectively.  The bounce took place amid deep investor caution, with sentiment trackers gauging the balance of fear and greed in crypto markets currently reading around 11 out of 100, in “Extreme Fear” territory. Despite the rebound from the yearly low, Bitcoin remains down roughly a third since the start of the year.  Read more

Bitcoin is entering the second half of the year with its support system, which powered its last rally, under pressure. Data from CryptoSlate shows that the largest digital asset has fallen about 33% this year and more than 50% from its October record high above $126,000, trading near its weakest level since September 2024 at […] The post Bitcoin starts H2 in a bear market as ETFs, Fed and Strategy set $100K-or-$50K test appeared first on CryptoSlate.

Bitcoin bear-market bottom signs appear as the TD9 indicator mirrors the final stages of the 2022 BTC price downtrend. Bitcoin (BTC) has delivered a key trend change setup in the latest sign that the macro downtrend could soon reverse. Key points: Read more

Bitcoin started July with a bang, rallying above $60,000 as traders predict a relief rally as the “base case” throughout the month. Bitcoin (BTC) rallied to $60,000 at Wednesday’s Wall Street open as stocks moved higher and US dollar strength fell. Key points: Read more

Bitcoin trades near $60,000 — 52% below its all-time high — as analysts debate whether $40K or $58K is next. Key levels, scenarios, and what to watch heading into Q3 2026. The post Bitcoin Price Prediction: An Analyst Just Called for Bitcoin to Drop to $40,000, And the Chart Is Not Helping the Bull Case appeared first on Cryptonews.

Bitcoin fell in both the first and second quarters of 2026, only the third time it has opened a year that way. In the two earlier instances, 2018 and 2022, the second half brought no rescue.

Bitcoin is close enough to my lower channel levels that the old $49K framework is back in play, but confirmation still depends on acceptance below the high-$50Ks and stress from flows, leverage, and miners. The post Bitcoin’s $57K slide puts my $49K cycle-low thesis in play unless bulls reclaim $60K appeared first on CryptoSlate.

Bitcoin options flows and a record gold OI suggest traders are bracing for further downside rather than a sustained recovery.

Bitcoin dropped by 20% in June, but the monthly chart reveals something far more concerning.

A federal filing revealed that Trump holds more than $50 million in Bitcoin, though the disclosure's highest reporting category suggests even more.

Bitcoin's recent selloff brought it within 10% of its realized price — a line that has marked the bottoming zone in Bitcoin's previous bear markets. Bitcoin (BTC) is fast approaching a buying level that analysts describe as a top “investment opportunity.” Key points: Read more