Bitcoin | Crypto

Bitcoin faced downside pressure as the US dollar hit its highest levels against the Japanese yen since 1986, while BTC price analysis revealed "capitulation" by 2025 top-buyers. Bitcoin (BTC) fell toward $58,000 around Tuesday’s Wall Street open as the clock ticked down to a brutal quarterly close. Key points: Read more

Bitcoin miners have the power sites AI companies need, but turning old mining campuses into real data center revenue is no easy pivot. By the end of 2025, the power capacity tied to artificial intelligence data centers worldwide had reached about 29.6 gigawatts (GW), enough to run all of New York state at peak demand, according to Stanford University’s annual report on the AI industry.  The report, released in April, suggests that compute itself is abundant and getting cheaper. Permitted, grid-connected, ready-to-draw electricity is in high demand, but the sources to power it are much harder to come by. One industry has spent the past decade quietly building exactly that infrastructure for a different reason: Bitcoin mining. Read more

The record Bitcoin supply held by long-term holders may suggest that the crypto market bottom will come early, according to Swan’s Cory Klippsten. The Bitcoin holding level of long-term investors has reached a record high of 14.7 million Bitcoin, which could suggest that the crypto market bottom will come early, according to Cory Klippsten, CEO of Swan Bitcoin.  “We're at an all-time high of BTC held in addresses of long-term holders,” Klippsten told Cointelegraph in an interview, which he said has “marked cycle lows historically.” Bitcoin (BTC) supply held by long-term holders reached 14.7 million BTC on Wednesday, an all-time high that “signals continued conviction” among seasoned investors, according to crypto analytics platform Glassnode.  Read more

Bitcoin and ether slid toward key support price levels. DeFi tokens were hit hardest, even as XLM and LIT bucked the broader market weakness.

Congress is moving to fix how the US tax code treats crypto mining and staking rewards, and for validators and their institutional clients, the fix is long overdue. H.R. 9175, the Tax Clarity for Mining and Staking Act, would let miners and stakers defer tax on newly minted tokens until they sell them, ending a […] The post Trump’s Bitcoin made in America push runs into a power problem the tax bill cannot fix appeared first on CryptoSlate.

Strategy's preferred stack and Bitcoin's price are facing two separate tests this week, and only one of them has been resolved. The company's Digital Credit Capital Framework centers on a $2.55 billion dollar-denominated reserve, a revised STRC dividend policy, $2 billion in combined buybacks, and a board-authorized BTC monetization program. MSTR rose roughly 6% in […] The post Bitcoin’s $60,000 test is not over after Strategy’s $2.5B STRC backstop appeared first on CryptoSlate.

It sends “a very clear signal” to other institutions that may be sitting on the sidelines and looking at these larger funds as leaders, said MidChains CEO Basil Al Askari. Sovereign wealth funds have been accumulating spot Bitcoin, a sign that Bitcoin’s current price level is becoming attractive to institutional investors, according to MidChains CEO Basil Al Askari. While there has been a slowdown in retail crypto market participation, the opposite is being seen on the institutional and corporate side, Basil Al Askari said on Cointelegraph’s Chain Reaction podcast on Monday.  “I would be able to confirm that one, at least one, and possibly in the coming weeks, two sovereign wealth funds have been accumulating spot Bitcoin specifically,” he said.  Read more

Bitcoin’s loose hold on $60,000 and soft futures markets raise questions about whether BTC has bottomed. Bitcoin (BTC) trades at an important inflection point as retail investors are selling, big institutions are in a hold despite the discounted valuation and the market is paused at $60,300—awaiting the next significant move. The situation reveals two very different investor groups making opposite bets. Retail investors sell, TradFi watches The general mood is fearful, with the Crypto Fear & Greed Index sitting at 36 out of 100, indicating fear but not total panic. This number masks a sharp divide. In June alone, investors pulled $4.4 billion from US spot Bitcoin ETFs—the worst month this year. At the same time, Strategy continues to buy BTC, although the pace and size of its purchases have slowed. While ETF flows and Bitcoin treasury accumulation are not in a buying phase, a majority of corporate BTC treasuries have not reduced their existing positions.  Read more

Rising demand for put options and persistent ETF outflows highlight Bitcoin's weakness despite lower oil prices. Key takeaways: Bitcoin has failed to reclaim the $61,000 mark since Thursday, despite optimism fueled by lower crude oil prices following the US and Iran's 60-day ceasefire agreement. Demand for downside Bitcoin price protection jumped to unusually high levels, prompting traders to question whether $55,000 is the next target. Read more

Bitcoin’s break below the $60,000 area has pushed digital asset markets into a more defensive phase, ending months of narrow trading and exposing a market structure that traders say could amplify the next major move. CryptoSlate's data show the largest cryptocurrency had been moving sideways since February, when it first tested the $60,000 area. That long […] The post Bitcoin’s $60K breakdown sets up a volatility shock as traders load up on downside hedges appeared first on CryptoSlate.

Strategy (formerly MicroStrategy) shares rose Monday after the Bitcoin holder moved to reassure investors that it can meet its preferred stock obligations, authorizing up to $2 billion in buybacks and opening the door to Bitcoin sales that could fund dividends, interest payments, and repurchases. The company, led by Executive Chairman Michael Saylor, announced a new […] The post MSTR jumps after Strategy says it may sell more Bitcoin to fund dividends and buybacks appeared first on CryptoSlate.

Bitcoin faced its own battle for support as US stocks headed higher and analysts warned of a lack of "conviction" among BTC buyers. Bitcoin (BTC) struggled near $60,000 around Monday’s Wall Street open as bulls increasingly risked a support/resistance flip. Key points: Read more

Over the past year, the artificial intelligence trade has become one of the main pillars supporting global risk appetite. However, the Bank for International Settlements (BIS) is now warning that the same spending boom could become a source of financial stress if expected returns fail to arrive. The Basel-based organization, which advises central banks, said […] The post Why a collapse in $1 trillion AI spending boom could hit Bitcoin traders first appeared first on CryptoSlate.

On June 22, Strategy sold $335.5 million of its own common stock, set aside roughly $300 million of it in cash to bring its reserve up to $1.4 billion, and bought a total of 520 Bitcoin with what was left. So the company that wrote the entire corporate Bitcoin playbook spent the bulk of a […] The post Bitcoin treasury investors are turning on companies diluting them to keep buying appeared first on CryptoSlate.

Michael Saylor’s Strategy unveiled a capital framework allowing Bitcoin sales to fund dividends, a $2.55 billion reserve and buybacks while raising STRC payout to 12%. Strategy is adopting a new capital framework that allows it to monetize part of its Bitcoin holdings to fund dividends, build cash reserves and repurchase securities while maintaining its long-term Bitcoin strategy. In a Monday 8-K filing with the US Securities and Exchange Commission, Strategy introduced its “Digital Credit Capital Framework,” which includes a Bitcoin monetization program and changes to its STRC preferred stock dividend policy. The company has raised the STRC annual dividend rate to 12% from 11.5% and authorized separate buyback programs for preferred securities and its Class A MSTR common stock. Strategy said it may sell Bitcoin (BTC) to raise as much as $1.25 billion to increase its cash reserve, pay dividends and debt costs, as well as fund stock buybacks. Read more

Bitcoin and Ethereum ETF outflows dwarfed XRP’s weekly inflow, while selective demand for XRP and HYPE wrappers showed institutions separating broad crypto risk from targeted altcoin exposure. The post Institutions dumped Bitcoin and Ethereum ETFs but still bought XRP and HYPE again appeared first on CryptoSlate.

Bitcoin prepped an "interesting" RSI divergence into the Q2 and June candle close as analysis compared $60,000 to the $30,000 mark in the 2022 bear market. Bitcoin (BTC) nears the end of June and Q2 2026 threatening to lose $60,000 support. Can RSI divergences save bulls? Key points: Read more

Bitcoin is trading below key technical and onchain valuation levels, with historical bear market patterns suggesting a potential bottom closer to $45,000.

IBIT still dominates the spot Bitcoin ETF market, but Farside's latest flow data shows its scale can now work in reverse when Bitcoin needs fresh spot demand around $60,000. The post Bitcoin’s biggest ETF is becoming the sell wall bulls have to break appeared first on CryptoSlate.

The 200-week break now depends on whether ETF outflows fade or turn the level into resistance. The post Bitcoin just slipped below the bear-market line traders cannot ignore appeared first on CryptoSlate.