Bitcoin | Crypto

Glassnode has identified Bitcoin's short-term holder cost basis near $69,000 as the market's next major recovery test, potentially affecting the outcome for altcoins such as XRP. Reclaiming that level would give the current rebound real room to run, and the firm's own July 15 report frames it as the point where recent buyers move back […] The post Bitcoin reclaiming its $69,000 holder cost basis could open XRP’s path to $1.26 appeared first on CryptoSlate.

Bitcoin supply in loss hit 50% nearly 50 days ago, mimicking the countdown to BTC price bear-market bottoms. Bitcoin (BTC) has been counting down to its next bottom for nearly two months, a classic onchain metric suggests. Key points: Read more

Bitcoin’s recent price rebound faltered as the advance gave long-term holders and recent buyers an opportunity to sell before the cryptocurrency reached its next major resistance zone. Data from CryptoSlate shows that the largest digital asset crossed $65,000 on Wednesday for the first time in about a month, then retreated under $63,000 as of press […] The post Bitcoin buyers and bagholders are both selling into the rebound below $70,000 appeared first on CryptoSlate.

“Over time the economic incentives will drive $DOG Mode’s adoption and force Bitcoin Core to stop gatekeeping and allow these completely valid transactions,” said Leonidas. Bitcoin Ordinals developer Leonidas has proposed developing a new open-source Bitcoin client, aimed at removing restrictions affecting Runes and Ordinals transactions.  In a post to X on Friday, Leonidas called the proposed client “Bitcoin $DOG Mode,” which would lift the maximum individual transaction size to 3.9 million weight units (WU), compared to Bitcoin Core’s 400,000 WU, and lower the dust limit to 1 satoshi (sats) from 294-546 sats. The changes would make it easier to send Ordinals inscriptions and Runes, which have been described as Bitcoin’s take on fungible and non-fungible tokens. Both have been controversial within the Bitcoin community, with critics arguing they amount to “spam” on the Bitcoin network.  Read more

Bitcoin futures traders are propping up the current market move, while liquidation heatmap data provides hints on where BTC price may go next. Increased activity across Bitcoin’s (BTC) futures markets is playing the dominant role in its short-term price action, which keeps tracing back to where leveraged positions are stacked. Prices tend to gravitate toward where liquidity is most concentrated, and as Bitcoin battles to hold above $64,000, reviewing current liquidation scenarios may provide insight into BTC’s next move.  Liquidation heatmap data shows a cluster of short positions concentrated between $65,500 and $66,000, roughly 3% away from current market pricing. A push through $65,600 may put that shelf in play and could accelerate a larger rally toward $67,000. Below market pricing, support is layered in the $63,500 to $63,750 range, with the closest cluster 1% away, and larger liquidity pools are found at $63,000-$63,250 (about 1.5% down) and $62,500-$62,750 (about 2.3% down).  Read more

The chain reports 16% July sales growth, but without BTC payment share its merchant model cannot be measured. The post Steak ‘n Shake credits Bitcoin for company growth – But is PR value now worth more than people actually using BTC? appeared first on CryptoSlate.

Bitcoin buyers have returned to spot, futures and ETF markets but geopolitical headwinds could quickly unravel the progress of the past two weeks. Bitcoin (BTC) spent the week split across two scenarios. One highlighted improving onchain buying pressure and ETF inflows, while the other remained synced to sentiment gauges and news events that projected fear. The spot and futures cumulative volume delta, a running tally of buy and sell orders, confirmed a $925 million net buying day for Bitcoin on July 15. This orderbook activity absorbed the entire post-CPI pullback in open interest and price rather than collapsing into it. Meanwhile, the spot Bitcoin ETFs added $107.7 million in net inflows on July 15, marking the second consecutive positive day following $181 million on July 14. Read more

Both resolutions need 75% of votes cast, and failure of either keeps the sale and delisting off the table. The post Bitcoin treasury troubles reach London as company votes to sell its entire BTC stack and delist appeared first on CryptoSlate.

Bitcoin fell 1.5% from local highs amid a reversal in US stocks as markets moved from bullish US inflation cues to retail profit-taking. Bitcoin (BTC) cooled off with US stocks on Thursday as tech selling tempered gains from low inflation. Key points: Read more

At $64,073.49, Bitcoin needed 12.7% to reach the first cost basis and 92.2% to make that buyer whole. The post Bitcoin must climb 92% to rescue last year’s $120K buyers and the escape routes begin at $72K appeared first on CryptoSlate.

Bitcoin aged one year or more moved on-chain in extraordinary volume during 2024 and 2025, according to Galaxy Research charts shared by analyst Alex Thorn. So far in 2026, the total is less than half of 2025's figure, marking a sharp slowdown after two years of near-record movement among older coins. Thorn reads the slowdown […] The post Bitcoin’s old coins have gone quiet and $69,000 could reveal whether the new holders crack appeared first on CryptoSlate.

Strategy CEO Phong Le reveals the $8K–$10K BTC level as a debt stress threshold, while STRC losses and a 1.02 mNAV signal mounting capital structure pressure. The post Bitcoin News: Phong Le Sets $8K–$10K as Strategy’s Debt Risk Threshold for Bitcoin appeared first on Cryptonews.

Bitcoin and Ethereum price hold firm as we await tomorrow's Clarity Act hearing, a key test for crypto and U.S. regulation. The post Crypto News, July 16: All Eyes on Tomorrow’s Clarity Act Hearing as Bitcoin and Ethereum Hold Key Price Levels appeared first on Cryptonews.

Bitcoin realized losses appeared to be copying a reversal structure that marked previous bear-market bottoms, with $69,000 a new BTC price battleground. Bitcoin (BTC) “cycle peak buyers” could already be pointing the way to the next bear-market bottom. Key points: Read more

Bitcoin remains under pressure, but the collapsing crypto discussion could leave room for whales to drive the next market move.

Researchers found that Polymarket’s five-minute Bitcoin prediction markets create incentives to manipulate spot prices around contract settlement, proposing longer settlement windows as a potential fix. Researchers at Stanford University and Singapore Management University found that Polymarket’s five-minute Bitcoin prediction markets create incentives for traders to manipulate spot prices around settlement, allowing sophisticated participants to profit at the expense of retail traders. The study examined contracts in which traders bet on whether Bitcoin’s price would end above or below a predetermined level after five minutes. Because the contracts settle using Chainlink price feeds based on Bitcoin’s price at the end of each trading window, traders have an incentive to influence the spot market immediately before settlement. Analyzing trading activity before and after Polymarket introduced the contracts in July 2024, the researchers found sharp increases in Bitcoin spot-market order flow just before settlem...

The transfer highlights unresolved custody rules, while the public evidence identifies a deposit rather than a government sale. The post US government sends $288M to Coinbase putting Bitcoin reserve rules into question appeared first on CryptoSlate.

New York has become the first US state to impose a statewide moratorium on large new data centers, creating an early regulatory test for Bitcoin miners that are rebuilding their businesses around artificial intelligence. On July 14, Gov. Kathy Hochul signed an executive order directing state regulators to pause incomplete permit applications for new or […] The post Bitcoin miner AI pivot hits roadblock with New York 50 MW permit freeze appeared first on CryptoSlate.

The 175 MW contract creates a long revenue path while funding terms remain undisclosed and missed milestones may reduce rent or end the lease. The post Bitcoin miner CleanSpark signed a $6.6B AI lease before securing the $2.1B required to build it appeared first on CryptoSlate.

Bitcoin moved up to its highest levels since June 22 as US PPI inflation numbers provided the week’s second surprise macro data drop. Bitcoin (BTC) saw three-week highs on Wednesday as US inflation data beat expectations for a second day. Key points: Read more