Bitcoin edged toward an important weekly close above $70,000 that would include a reclaim of an important 200-week trend line. Bitcoin (BTC) inched higher on Sunday as bulls sought to seal a weekly close above $70,000. Key points: Bitcoin eyes its highest daily close in over a week with a fresh weekend push above $70,000. Read more
Santiment says the recent uptick in Bitcoin whale accumulation is a "positive reversal," and the platform is watching for retail selling to confirm a potential market bottom. Large Bitcoin wallets are increasing their holdings again as the asset’s price holds around $71,000, according to crypto sentiment platform Santiment. “Their recent shift to accumulation is a bullish signal,” Santiment said in a report on Saturday, referring to wallets holding between 10 and 10,000 Bitcoin (BTC). “This is a positive reversal,” Santiment added. Santiment data shows wallets holding 10 to 10,000 Bitcoin (BTC) now control 68.17% of Bitcoin’s total supply, up from 68.07% seven days earlier. Read more
Johnson said that he could understand why gold and Pokémon cards have investment appeal but not Bitcoin, which he characterized as a scam. Boris Johnson, the former prime minister of the United Kingdom, called Bitcoin (BTC) a “Ponzi Scheme” that has less value than Pokémon cards, collectibles he said had a wide appeal and a multi-decade history. Johnson wrote an opinion article published in the Daily Mail on Friday that began with a story about a friend who had given 500 British pounds, or about $661, to a man who promised to “double his money” by investing it in BTC. The friend continued to pay additional “fees” to the scheme’s promoter over the next three and a half years, but was never able to retrieve his funds, despite sinking 20,000 British pounds, or about $26,474, which led to financial hardship, Johnson said. Read more
BTC faces bull trap risks due to the formation of a bear flag pattern, with a measured downside target at around $51,000. Bitcoin (BTC) is on track for its strongest weekly gain since September 2025, defying a broader risk-off backdrop driven by the escalating US and Israel-Iran war. Key takeaways: Strategy raised $776 million this week, which could lead to the purchase of over 11,000 BTC. Read more
Bitcoin showed remarkable strength throughout the week, but BTC’s correlation to tech stocks and its reactive spot ETF flows suggest the bear market isn’t over yet. Key takeaways: Bitcoin sits above $71,000 as weak US economic data and the US and Israel-Iran war drive investors toward scarce assets. Tech stocks’ correlation to BTC and rising oil prices suggest that the 5-month correction from $126,000 might not be over. Read more
AI-driven data center demand is reviving nuclear power across the US, and Bitcoin miners were among the first to tap nuclear energy to run high-performance computing operations. Nuclear power is gaining renewed attention in the United States as artificial intelligence and data center expansion drive demand for reliable, large-scale electricity. According to the latest Miner Weekly newsletter from TheEnergyMag, recent annual filings suggest that major utilities and power producers believe the United States may be entering a “nuclear renaissance.” The publication cited recent annual filings showing that utilities are linking the revival to long-term power contracts with AI hyperscalers such as Microsoft, Amazon and Meta Platforms. Read more
Bitcoin bulls squeezed the market toward $74,000 again as promising US inflation data buoyed risk assets, but BTC price forecasts stayed mixed. Bitcoin (BTC) aimed for five-week highs at Thursday’s Wall Street open as US inflation trends stayed on track. Key points: US inflation data keeps crypto and stocks higher as BTC price action tests $74,000 again. Read more
Bitcoin price analysis saw conditions slowly "building” to support a breakout as BTC emerged as the strongest macro performer since the US and Israel-Iran war began. Bitcoin (BTC) hit eight-day highs into Friday’s Wall Street open as markets awaited key US inflation cues. Key points: Bitcoin shows resilience despite macro market uncertainty with another push beyond $72,000. Read more
Miners who treat their Bitcoin holdings as a working asset rather than a passive reserve “will carry a structural edge into the next halving,” says Wintermute. Many Bitcoin miners are struggling to turn a profit this market cycle due to diminishing returns, so they may need to pivot to artificial intelligence hosting or put their holdings to work to generate yields, says market maker Wintermute. Wintermute said in a blog post on Thursday that Bitcoin (BTC) miners have spent years building large-scale power infrastructure in low-cost energy markets, and they now find themselves “sitting on exactly what the AI industry needs most urgently and cannot easily replicate.” It said that Bitcoin mining is a “structurally rigid business model,” and while the AI pivot is a compelling one, it is also a “drastic and capital-intensive step.” Read more