Bitcoin | Crypto

Bitcoin is up 4.2% over seven days that contained an oil shock, a bond selloff and two rounds of U.S. strikes on Iran.

“DeFi usually swings much harder than Bitcoin, so holding up this well is unusual,” says Bitwise, as DeFi tokens have outperformed Bitcoin. Decentralized finance (DeFi) tokens have held up unusually well against Bitcoin over the past month, suggesting the market may be “quietly re-rating” the sector, says crypto index fund maker Bitwise. Bitcoin (BTC) fell about 22% in June, while Bitwise’s index tracking tokens from major DeFi protocols fell only 4% over the same period, Bitwise said in a report Thursday. “DeFi usually swings much harder than Bitcoin, so holding up this well is unusual, and almost no one is talking about it,” it said.  Read more

As AI-driven mining stocks retreat, investors are examining executive stock sales, governance and shareholder alignment across leading Bitcoin miners, according to Blocksbridge Consulting. Several publicly traded Bitcoin miners have enjoyed sharp stock re-ratings after pivoting toward AI infrastructure, but investors are increasingly questioning whether insiders and major shareholders capitalized on the rally before the sector cooled, raising fresh governance concerns, according to Blocksbridge Consulting. In its latest Miner Weekly newsletter, Blocksbridge said the AI narrative helped lift valuations for several Bitcoin mining companies as they repositioned operations around data centers, power infrastructure and hyperscaler partnerships. However, sentiment has since weakened, with AI and chip stocks pulling back. The TEM AI Infrastructure Growth Index, which tracks Bitcoin miners, artificial intelligence cloud providers, power suppliers and other AI infrastructure companies, has decline 16% over the past mo...

Bitcoin shows signs of bottoming, but capitulation, ETF outflows, and defensive options markets still threaten recovery.

Bitcoin gained new upside targets for the daily close and beyond after US president Donald Trump said that Iran "wants to make a deal." Bitcoin (BTC) saw intraday highs after Thursday’s Wall Street open as US stocks rebounded on fresh Iran peace hopes. Key points: Read more

Dealing with large post quantum signatures slowing down Bitcoin can be solved with bigger blocks, or aggregating signatures using STARK proofs. ZK STARKs are the best way to deal with the issues created with making Bitcoin quantum-safe — and to reach mass adoption at the same time — says StarkWare co-founder Eli Ben-Sasson. What’s more, he claims Blockstream founder Adam Back agrees. Ben-Sasson has been in the news this week for his controversial suggestion on X to increase Bitcoin inflation to 4% annually. Grok’s analysis of the replies found “zero clear support for the proposal.” But as the co-inventor of STARKs — quantum-secure, hash-based zero-knowledge proofs — he’s on much firmer ground, with some leading Bitcoin researchers supporting the concept. Ben-Sasson’s own project Starknet last week announced its own three phase project to become quantum secure. Adding zero-knowledge proofs to Bitcoin does not make the blockchain quantum secure by itself. ZK proofs are a way to deal with the problems caused by ...

Bitcoin price held above $62,000 after renewed fighting between the United States and Iran slowed traffic through the Strait of Hormuz and sent oil prices higher, reviving inflation concerns across global markets. Data from CryptoSlate shows that the largest digital asset traded near $63,000 on Thursday, holding above the $60,000 level that traders have watched […] The post Bitcoin price shows resilience above $60,000 amid renewed US-Iran hostilities appeared first on CryptoSlate.

Bitcoin's climb from $58,300 to $64,400, then back to $62,700, over the past week is a bounce that still leaves the price below two important levels tracked by Glassnode: the True Market Mean near $76,600 and the short-term holder cost basis near $72,200. The firm places Bitcoin in the later stages of a bottoming process, […] The post Bitcoin’s bottom needs long-term holders to stop losing $280M a day appeared first on CryptoSlate.

Fresh Iran news sent us scrambling last night, but the panic did not last. Bitcoin and Ethereum price reversed within hours. Why? The post Crypto News, July 9: Iran Market Fears Fade as Bitcoin and Ethereum Price Shrug Off Another Panic appeared first on Cryptonews.

Bitcoin traders face a crucial test as $63,000 remains the barrier bulls must overcome before further upside.

Bitcoin faces renewed sell pressure amid an oil price surge, Japan economic contagion risks and a fresh round of selling from Strategy. Key takeaways: Bitcoin traded down 3.5% on Wednesday as new developments in the US-Iran war pushed oil prices higher and Japan’s bond markets faced renewed stress. That combination triggered broader de-risking across markets. At the same time, concerns over potential Bitcoin sales from Strategy intensified, with traders now bracing for a possible correction below $60,000. Read more

Bitcoin hovered around the $62,000 mark following a spike in oil prices, escalating hot war in Iran and traders’ move to cut risk ahead of a Federal Reserve policy statement. Bitcoin (BTC) trades slightly above $62,000 and is down nearly 2% over the past 24 hours amid a risk-off mood across global markets. The pressure is not coming from crypto exclusively and is more so attributed to a sharp selloff in semiconductor and AI stocks.  Renewed profit-taking from Samsung sent Asian markets reeling overnight, and military escalation between the US and Iran sent oil up around 5%. As a result, US stocks opened lower, and on Wednesday the Federal Reserve released the minutes from its June meeting, a report traders typically watch closely for clues on the timing of any rate cut.  Currently, markets price roughly a 73% chance the Fed holds rates steady at its next meeting on July 29, but the major takeaway for investors will be how the tone of the minutes frames the Fed’s view on inflation and interest rates.   Read mo...

The Bitcoin Standard Treasury Company and Cantor Equity Partners I announced that they were looking into amending the terms of a 2025 merger deal that “better reflected market conditions.” The Bitcoin Standard Treasury Company (BSTR), founded by Blockstream CEO Adam Back, wants to change the terms of its merger agreement with Cantor Equity Partners for a public offering. According to a Wednesday announcement, BSTR and Cantor Equity Partners I, the special purpose acquisition company (SPAC) created by financial services giant Cantor Fitzgerald, scrapped the original terms of a 2025 merger agreement and will negotiate a new deal. Although the details were not included in the announcement, both companies said that they intended to negotiate terms that “better reflected market conditions.” Source: BSTR Read more

The US Senate returns to Washington next week with 20 working days to decide whether the CLARITY Act, which is the most advanced crypto market-structure bill in Congress, becomes law this summer or slips into another round of delay. Data from CryptoSlate shows that Bitcoin has climbed about 10% this month after a bruising June, […] The post Bitcoin’s rally has 4 weeks to get its Washington CLARITY catalyst before the clock runs out appeared first on CryptoSlate.

Futures volume is running far ahead of spot demand, making absorption the next test for BTC's recovery. The post Bitcoin’s ETF comeback is relying on a $79B futures market betting the rebound holds appeared first on CryptoSlate.

Bitcoin price pressure took BTC toward the "crucial" $61,000 mark as oil prices soared on the collapse of the US-Iran ceasefire. Bitcoin (BTC) stayed below $62,000 after Wednesday’s Wall Street open as US president Donald Trump closing a key world oil route. Key points: Read more

StarkWare's Eli Ben-Sasson says Bitcoin's 21 million supply cap is flawed and wants a 4% inflation rate ceiling instead — but the community isn't having it. The post Bitcoin 21M Cap Under Fire From Zcash Founder appeared first on Cryptonews.

Its June update shows why headline Bitcoin holdings can be harder to read when coins are collateral, receivables, restricted balances, or already tied to treasury trades. The post Bitcoin miners are using up to 12% of treasury BTC as collateral rather than selling coins appeared first on CryptoSlate.

Analysis flagged a Bitcoin moving average derivative that last triggered at the end of the 2022 bear market as BTC price action returned to its reversal zone. Bitcoin (BTC) is seeing a “textbook” bear-market bottom as speculators take profits on the trip toward $65,000. Key points: Read more

Bitcoin-focused macroeconomist Lyn Alden said BTC must stand on its own as Strategy sold 3,588 BTC, while warning about leverage risks tied to STRC. Bitcoin is facing its weakest sentiment cycle yet, according to Lyn Alden, a Bitcoin-focused macroeconomist who said the asset must stand on its own as Strategy disclosed a $216 million Bitcoin sale earlier this week. “I don’t think there’s anything coming to save Bitcoin,” Alden said in a Tuesday interview with journalist and Bitcoin educator Natalie Brunell, saying the asset's long-term success must come from its own fundamentals rather than external catalysts. “The asset just has to survive on its own merits,” Alden said, pointing to Bitcoin’s underlying properties as a liquid, permissionless way to store and send value, instead of relying on a new source of demand. Read more