Bitcoin | Crypto

Bitcoin is approaching a deadline that could turn one of its longest-running arguments into the network’s most serious governance fight in years. At the center of the dispute is Bitcoin Improvement Proposal 110 (BIP-110), a proposed change that would restrict the amount of non-financial data that can be included in Bitcoin transactions. With the network […] The post Bitcoin is less than 10,000 blocks away from its most contentious fork fight in years appeared first on CryptoSlate.

Bitwise’s Matt Hougan says it was “pretty hard to engage with advisers on Bitcoin” during recent discussions, who are more interested in stablecoins and tokenization. Advisers to some of the largest financial institutions are taking more of an interest in stablecoins and tokenization than in Bitcoin, which could help pull crypto out of its current slump, said Bitwise investment chief Matt Hougan. Hougan said in a note on Wednesday that he recently spoke with more than 40 advisers who were “still interested in crypto” but are “more interested today in stablecoins and tokenization than they are in Bitcoin.” “It was pretty hard to engage with advisors on Bitcoin this week,” he said. “In call after call, they expressed much more curiosity over the real-world applications of crypto that are quickly reshaping everything from capital markets to global payments.” Read more

“We continue to view the current macro environment as a headwind for Bitcoin,” 10x Research’s Markus Thielen said. Market analysts have cautioned that Bitcoin and gold may face further headwinds this year following a 4.2% annual increase in the US Consumer Price Index (CPI) in May, according to figures released on Wednesday. The surge in the consumer price index, a broad gauge of goods and services costs across the US economy, deflated hopes that the central bank will reduce rates, with some analysts now expecting rate hikes later this year — bad news for riskier assets such as crypto. US inflation surges to a three-year high. Source: Trading Economics  Bitcoin has already had a troubling first half of the year. Bitcoin prices have fallen 36% since January, while gold is down 23% from its January peak. At the same time, crude oil prices have surged more than 50% over the same period.  Read more

Bitcoin miner profits recently fell to record lows, while Bitcoin struggles to hold the $60,000 floor. Should traders be worried? Key takeaways: Bitcoin’s price slide to $62,000 was paired with weak on-chain activity and declining BTC miner revenues, which have fallen to an all-time low. This revenue drop is fueling investor anxiety over potential sell pressure, especially since miners and mining pools still control over $110 billion in Bitcoin. Read more

Bitcoin’s average price response to Bank of Japan rate hikes was a 22.5% sell-off. Will BOJ’s upcoming policy decision trigger another BTC price crash? Since 2024, Bitcoin (BTC) has posted four major corrections after interest rate hikes by the Bank of Japan (BOJ), with declines ranging from 18% to 28%. This dynamic places renewed attention on the BOJ's June 16 policy decision.  Data currently point to a variety of pressures on BTC, with BTC whale distribution and exchange inflows possibly carrying more weight than Japanese monetary policy.   The relationship between BOJ policy and Bitcoin has gained attention because each rate increase since Japan ended its negative interest rate policy has been followed by a sizable correction.  Read more

Both Realized Cap and aSOPR are pointing to the same conclusion: capital is leaving the Bitcoin network while forced selling at a loss dominates market behavior.

BTC's rebound shows signs of weakening under a string of technical resistance levels, raising the odds of a dip below $60,000 in June. Bitcoin (BTC) erased its intraday losses and rose by around 2.5% to $62,410 immediately after the US inflation report, even as the headline Consumer Price Index (CPI) hit its highest level in more than three years. BTC/USD hourly chart. Source: TradingView Read more

Bitcoin rose above $62,000 after the latest US inflation report gave traders enough relief to step back from a deeper test of the $60,000 level. The move followed several days of pressure across crypto markets, where investors had been preparing for the possibility that a hotter inflation print would revive rate-hike concerns and push risk […] The post Bitcoin jumps above $62,000 after CPI report gives traders room to defend $60,000 appeared first on CryptoSlate.

Bitcoin may not be as cheap as during the FTX collapse, but Grayscale still sees an opportunity for long-term investors now.

Bitcoin’s institutional support weakened as ETFs and companies dumped almost 2,000 BTC daily and Strategy’s buying lost momentum. Bitcoin (BTC) faced renewed risks of a breakdown toward $30,000, according to a new analysis, as institutional demand turned deeply negative. Key takeaways: Capriole Investments’ institutional buying model, which tracks Bitcoin demand from ETFs, corporate treasuries, and miner issuance, shows net institutional selling at around 450% of daily mined supply, equivalent to about 2,000 BTC per day. Read more

cirBTC gives Circle a BTC wrapper, but the harder test is whether custody, reserves, liquidity, and redemption controls can win institutional use. The post Circle wants wrapped Bitcoin to look bank grade before institutions trust it as collateral appeared first on CryptoSlate.

Bitwise research suggests that Bitcoin is leading a broader risk-off move across markets as global liquidity and stablecoin reserves remain elevated. Bitcoin’s (BTC) recent performance may be less about crypto market weakness and more about its position at the front of the risk curve. Asset management firm Bitwise said that BTC often acts as a “canary in the macro coal mine,” responding to shifts in liquidity and financial conditions before traditional markets. With equities now showing similar signs of strain, the firm sees Bitcoin's move as part of a wider risk-off adjustment.  Bitwise said that Bitcoin and Ether reached cycle lows of $58,000 and $1,507, respectively, as other global risk assets faced mounting pressure. The Nasdaq recorded its sharpest daily decline of 5% in months, and South Korea’s KOSPI (Korea Composite Stock Price Index), its benchmark stock index, triggered a temporary trading halt after a steep sell-off led by semiconductor stocks. The shift followed stronger-than-expected US labor ma...

Bitcoin bear market analysis showed copycat BTC price moves ongoing despite new hopes of a US-Iran peace deal. Bitcoin (BTC) hit week-to-date lows at Tuesday's Wall Street open as analysis put $65,000 as bulls’ level to beat. Key points: Read more

A $50,000 Bitcoin price target remains in play despite BTC maintaining above $60,000 support for now, as multiple indicators warn the bottom may not be in. Bitcoin (BTC) bulls successfully defended the $60,000 psychological support during last week’s 13% correction. BTC/USD daily chart. Source: TradingView Read more

Bitcoin’s drop toward $60,000 last week exposed how quickly a shift in investor appetite can turn into forced selling when leverage has been rebuilt beneath the surface of the crypto market. The largest cryptocurrency by market value fell nearly 14% last week, triggering almost $10 billion in liquidations of long futures as traders who had […] The post Bitcoin’s $10 billion liquidation wave reveals why the AI boom is hurting crypto appeared first on CryptoSlate.

Bitcoin at $62,500: Could Trump's Iran peace Deal Spark a Rally? The post Bitcoin at $62,500 and Waiting: Could Trump Iran Peace Deal Trigger a Major Rally? appeared first on Cryptonews.

OpenAI filed a confidential S-1 with the SEC, targeting a public debut as early as September at a valuation between $852 billion and $1 trillion. The filing arrived inside a broader wave that Goldman Sachs says could produce a record $160 billion in US IPO proceeds in 2026, with SpaceX targeting a $75 billion raise […] The post Bitcoin faces a Wall Street test as AI’s mega-IPO wave targets the same capital appeared first on CryptoSlate.

Bitcoin trader said that BTC price was approaching its cycle bottom "window" with the $53,000 cycle midpoint a potential buy-in level. Bitcoin (BTC) should see new all-time highs in 2028, a trader says as $53,000 becomes an important buy-in level. Key points: Read more

Standard Chartered maintained its call for Bitcoin to reach $100,000 by Dec. 31, even after the cryptocurrency briefly fell below $60,000 last week for the first time since October 2024. Geoffrey Kendrick, the bank's global head of digital assets research, called the selloff “painful” but argued the bulk of selling may be over, adding that […] The post Wall Street still says Bitcoin can hit $100,000, the market is starting to doubt it appeared first on CryptoSlate.

Circle Launches cirBTC to Challenge WBTC on Ethereum The post Bitcoin On Ethereum? Circle Launches cirBTC on ETH Targeting $9B WBTC Market appeared first on Cryptonews.