Bitcoin | Crypto

Bitcoin continued to hold near $68,000, a key long-term support level, this morning as traders waited for President Donald Trump’s latest deadline for Iran. The tension built after Trump said on Truth Social that “a whole civilization will die tonight” as his 8 P.M. Eastern deadline for a deal with Iran approached. The warning came […] The post Bitcoin clings to $68,000 as Trump’s final Iran deadline expires at 8 PM EST and oil screams higher appeared first on CryptoSlate.

Wintermute analysts said Bitcoin’s price stability against the extreme bearish sentiment present in the market is a positive. Will BTC ever flip $70,000 back to support? Bitcoin (BTC) continues to show strong support at $67,000, even as a growing split between BTC's price stability and bearish sentiment among investors leaves the cryptocurrency in a state of equilibrium. BTC’s resilience in avoiding dips below $60,000 has been driven by strong institutional investor demand and long-term buying, despite volatility stemming from the US-Israel-Iran war. Market maker Wintermute noted that Bitcoin’s price and sentiment were diverging. The Fear and Greed Index sat at 11 on Tuesday, staying in “extreme fear” for over a month. Read more

Bitcoin and risk-asset price action tried to brush off new US-Iran war rhetoric just hours before the deadline for a deal passed. Bitcoin (BTC) stayed near a key long-term trend line at Tuesday’s Wall Street open as markets waited for US-Iran war cues. Key points: Bitcoin and US stocks attempt to shrug off claims by US President Donald Trump that a “whole civilization will die” after his Iran deadline expires. Read more

Multiple Bitcoin indicators, including a bull-bear sentiment index and realized price metric, point to a possible final BTC shakeout toward $54,000 Bitcoin (BTC) is showing signs of the bear market’s late stages but could see another leg lower in the coming months, says Joao Wedson, founder and CEO of on-chain analytics platform Alphractal. Key takeaways: BTC may still see one last big drop before recovering, based on one sentiment indicator. Read more

Bitcoin rose and fell alongside ceasefire hopes. Strategy and Tom Lee kept buying size. And Polymarket may be building its own financial system.

The state of quantum computing and what it would take to threaten Bitcoin Quantum computing has advanced materially over the past 18 months, but the field remains in the transition from noisy hardware to early fault tolerance. The key shift is away from raw physical-qubit counts and toward logical qubits, gate fidelity, runtime, and error […] The post Why quantum labs won’t steal your Bitcoin as bad actors are decades behind appeared first on CryptoSlate.

Bitcoin stochastic RSI signals led a trader to draw key comparisons between current BTC price action and its rebound after the 2022 bear market. Bitcoin (BTC) is copying the end of its 2022 bear market “nearly perfectly,” according to a new BTC price analysis. Key points: Bitcoin stochastic RSI values are “nearly perfectly” repeating the end of its last bear market, new analysis claims. Read more

Spot Bitcoin ETFs draw $471 million in their strongest daily inflow in weeks, while Ether funds return to gains despite cautious sentiment. US-listed spot Bitcoin exchange-traded funds (ETFs) have renewed the pace of inflows, recording their largest daily flows in weeks. Spot Bitcoin (BTC) ETFs posted $471 million in inflows on Monday, the largest daily inflow since Feb. 25, when the funds attracted $507 million, according to SoSoValue. The inflows came as the Bitcoin price briefly approached $70,000 before retreating below $69,000, according to CoinGecko data. Read more

The Bitcoin community has a “history of contentious debates over protocol changes,” said Grayscale head of research Zach Pandl. The challenge to solving the quantum threat to Bitcoin could be more social than technical, according to Grayscale’s head of research, especially if the community fails to come to an agreement on certain contentious issues. Google released a paper that drew attention in the crypto industry on March 30, suggesting that a quantum computer could potentially crack the cryptography protecting Bitcoin (BTC) using far fewer resources than previously thought. Grayscale head of research Zach Pandl, however, suggested the problem for Bitcoin doesn’t come from its technical solution, as “bitcoin has lower risk than other cryptocurrencies” because it uses a UTXO model and proof-of-work consensus, does not have native smart contracts and certain address types are not quantum vulnerable. Read more

Bitcoin may invalidate its bear flag setup as Strategy buys 46,233 BTC in just over a month, outpacing the 16,200 BTC supply in the same period. Bitcoin (BTC) is trading within a bear flag pattern that projects a breakdown toward the sub-$50,000 area, or roughly 30% below current levels. However, Michael Saylor’s Strategy could spoil the bears’ plans. Key takeaways: Bitcoin has avoided a bear flag breakdown for weeks as Strategy keeps buying BTC. Read more

While an Iran ceasefire favors stocks, Bitcoin’s path to $75,000 remains contingent on market trust despite Trump’s volatile diplomacy. Key takeaways: President Trump’s Tuesday deadline to Iran creates a pivotal moment for Bitcoin as it continues to decouple from gold. While a ceasefire could boost equities, Bitcoin’s $75,000 path depends on its role as a hedge against fiscal instability. Read more

Bitcoin found familiar resistance as it crossed the $70,000 mark to hit new April highs, with analysis blaming "profit-taking pressure." Bitcoin (BTC) coiled below $70,000 at Monday’s Wall Street open as analysis blamed profit taking for price inertia. Key points: Bitcoin and stocks wobble as the US trading session begins amid nerves over the US-Iran war outcome. Read more

Samson Mow pushes back against calls to rush Bitcoin’s move to post-quantum cryptography, warning it could introduce new vulnerabilities. Rushed quantum fixes for Bitcoin could introduce new risks, Samson Mow warned in response to calls from Coinbase executives for faster action. Mow, a Bitcoin advocate and Jan3 founder, took to X on Saturday to address comments from Coinbase CEO Brian Armstrong and chief security officer Philip Martin, who urged the industry to begin preparing for quantum computing threats sooner rather than later. He said that while post-quantum (PQ) cryptography could secure Bitcoin (BTC) against future quantum computers, rushing implementation may create new vulnerabilities such as compatibility issues and reduced network efficiency due to larger signature sizes. Read more

Bitcoin still has not reclaimed 2017-level public attention Bitcoin has more institutional access than at any point in its history. Spot ETFs opened a regulated route for capital that spent years on the sidelines. Corporate treasury buyers pushed the asset deeper into boardroom discussion. Reserve language entered the political and market debate with unusual force. […] The post Why global interest in Bitcoin is still way below 2017 peak even after winning over Wall Street appeared first on CryptoSlate.

At 8:30 on a Friday morning, the Bureau of Labor Statistics dropped one of the more surprising jobs reports of the past year. The US economy added 178,000 jobs in March, and the unemployment rate ticked down to 4.3%. When put against a Wall Street consensus calling for roughly 57,000 nonfarm payrolls, the number was […] The post Can markets trust the jobs report? Another revision risk hangs over Bitcoin’s macro test appeared first on CryptoSlate.

CPI April 10: The Make-or-Break Moment for Bitcoin's $75K Push The post CPI Data Countdown: Why the April 10 Print Is Make or Break for Bitcoin’s $75K Push appeared first on Cryptonews.

Bitcoin hinted at a long-term bullish trend change as BTC neared an MACD cross that last resulted in $25,000 gains over two months. Bitcoin (BTC) faces a fresh showdown this week as macro tensions contrast with a bullish BTC price trend reversal. A classic BTC price metric is above to flip bullish for the first time in nearly a year — last time, price gained $25,000 in two months. Short time frames see liquidations as “aggressive” traders pile in at $70,000. Read more

Bloomberg's Mike McGlone has reiterated his forecast that Bitcoin could plunge to $10,000, this time anchoring his outlook to a clear line in the sand: $75,000.

Demand for either currency strengthens both in a reinforcing relationship, contrary to popular sentiment, Sam Lyman told Cointelegraph. US dollar-pegged stablecoins and Bitcoin (BTC) share a “symbiotic” relationship, mutually benefitting from rising adoption, according to Sam Lyman, head of research at Bitcoin Policy Institute (BPI), a Washington DC-based digital asset advocacy organization. “Bitcoin is beneficial to the US system because the largest Bitcoin trading pair is BTC/USD,” or Tether’s USDt (USDT) stablecoin, which is backed by cash deposits and short-term US government debt, Lyman told Cointelegraph. He added: He said Bitcoin and dollar-pegged stablecoins share a similar relationship to the dollar and oil. Under the petrodollar system, which began in the early 1970s, international oil sales are priced in dollars, driving more demand for the currency. Read more

Algorand has emerged as an early standout in the crypto market’s latest quantum security debate after a recent Google Quantum AI paper highlighted the blockchain as a live example of post-quantum cryptography being deployed on a network. The attention came as the paper sharpened concerns around Bitcoin and Ethereum, two networks whose size, age, and […] The post Algorand just jumped 50% after Google flags quantum risk for Bitcoin and Ethereum appeared first on CryptoSlate.