Bitcoin | Crypto

Bitcoin’s next major rally may depend less on whether investors still believe in the asset than on whether enough large balance sheets are willing to fund the trade. Fresh analysis from CryptoQuant Chief Executive Ki Young Ju shows that the world’s largest cryptocurrency has grown into a market too large to move with the same […] The post Bitcoin needs trillions to go parabolic again as ETF demand fades appeared first on CryptoSlate.

Rare bottom-zone readings are drawing attention, but low hashprice will decide which operators can keep hashing. The post Bitcoin miner bottom signal now depends on who survives weak mining profits appeared first on CryptoSlate.

Bitcoin wiped out much of its latest gains thanks to a market reaction to Strategy's 3,600 BTC sell-off, but analysis eyed a potential buy announcement in the coming days. Bitcoin (BTC) saw flash volatility into Monday’s Wall Street open as markets reacted to tech company Strategy’s new BTC sales. Key points: Read more

Strategy sold $216 million in Bitcoin to fund its dividend payments, as wealth manager Bernstein maintained its year-end Bitcoin price target of $150,000. Michael Saylor's Strategy sold 3,588 Bitcoin (BTC) to fund preferred stock dividend payments and replenish its cash reserves. Strategy sold the Bitcoin for $216 million, reducing its total holdings to 843,775 Bitcoin, according to a Monday 8-K filing with the US Securities and Exchange Commission. This included 1,363 Bitcoin sold at an average price of $59,256 between last Monday and Tuesday, and 2,225 Bitcoin sold at an average price of $60,773 between Wednesday and Sunday. Read more

The Bitcoin treasury giant sold $216 million worth of Bitcoin to cover preferred payouts, as an $8.3 billion quarterly loss piled up.

BlackRock's 1% to 2% Bitcoin allocation range reads as a bullish nod to advisor adoption, but it also works as a boundary. Once Bitcoin is included in a model portfolio, its upside runs through rebalancing bands, tax location, and sometimes a loan that keeps the position intact. BlackRock Investment Institute frames 1% to 2% as […] The post BlackRock’s 2% Bitcoin cap has a hidden impact – advisors may have to sell during rallies appeared first on CryptoSlate.

Bitcoin saw its highest levels in nearly two weeks at the weekly close, but bulls needed a push beyond $65,000 for real trend inflection, said the latest BTC price analysis. Bitcoin (BTC) starts the second week of June near two-week highs with traders keen to see bullish continuation. Key points: Bitcoin kept up pressure on short positions into the weekly close, hitting $63,960 — its highest levels since June 23, per data from TradingView. Read more

A Bitcoin address dormant for nearly 15 years moved $1.9 million in BTC as a New York lawsuit seeks ownership of thousands of inactive holdings. A dormant Bitcoin address transferred 30 BTC worth about $1.88 million for the first time in almost 15 years. Bitcoin address "1KV47" made its first outgoing transfer on Saturday since receiving 30 BTC in August 2011, blockchain data shared by Galaxy Research shows. The address is among 39,069 listed in a New York lawsuit filed by "Noah Doe" and two Wyoming-based companies seeking ownership of dormant Bitcoin holdings. The case could test how inactive cryptocurrency holdings are treated under the state's lost-property law. Read more

Bitcoin touched $63,882 overnight before retreating to around $62,900, per CoinDesk data. Sunday's high held briefly before sellers pushed it back down.

Bitcoin reached its highest levels in nearly a fortnight over the weekend, but BTC price action faced an "absolutely terrible" Monday track record. Bitcoin (BTC) consolidated near two-week highs into Sunday’s weekly close as traders geared up for fresh market turbulence. Key points: Read more

JPMorgan warns Strategy's leveraged Bitcoin accumulation could flip Saylor's firm from buyer to seller. Here's what that means for BTC price targets at $60K, $170K, and beyond. The post Bitcoin Price Prediction: Saylor’s Strategy is a Risk to Bitcoin, According to JP Morgan appeared first on Cryptonews.

Bitcoin climbed back above $62,000 once a weak US jobs report cooled bets on a near-term Federal Reserve rate hike, and the spot chart reads as a relief rally. The options desks trading Bitcoin's futures are pricing something more guarded. The US Bureau of Labor Statistics put June payroll growth at just 57,000, well below […] The post Bitcoin’s weekend rally faces a $66k trap as traders still hedge for another drop appeared first on CryptoSlate.

With Wall Street and ETF rails shut, BTC keeps trading, proving that always-on access can also mean thinner liquidity. The post Bitcoin’s Freedom Money to set Independence day liquidity benchmark while Wall Street shuts down appeared first on CryptoSlate.

Bitcoin bounced back above $60,000 this week, but increased volatility might be on the way as crypto deposits to exchanges spike.

Bitcoin price strength could "break" the entire downtrend if the reversal pattern completed, John Bollinger suggested in light of the BTC rebound. Bitcoin (BTC) is completing a “perfectly fractal” reversal pattern that a well-known analyst hopes could end the bear market. Key points: Read more

The transfer is not confirmed as a sale, but it points to a harder funding question for public miners. The post Reported Riot 500 BTC custody transfer exposes Bitcoin miners’ AI funding pressure appeared first on CryptoSlate.

BGeometrics shows support at 0.42% since May 1, while Farside's alerts make the August lock-in window harder for exchanges, wallets, pools, and node operators to ignore. The post Bitcoin’s BIP-110 fork fight gives exchanges an August deadline before miners signal support appeared first on CryptoSlate.

Tim Draper denies moving Bitcoin after blockchain analysts linked him to a wallet that transferred 1,000 BTC to Coinbase Prime. Billionaire investor and longtime Bitcoin bull Tim Draper has denied moving his Bitcoin after blockchain analysts linked him to a large BTC transfer to Coinbase Prime. “Haven’t touched my BTC,” Draper told Cointelegraph on Friday, adding that he still expects Bitcoin to reach $250,000 within one year. The statement came after blockchain analytics platform Lookonchain reported Friday that a wallet “possibly linked” to Draper had transferred 1,000 Bitcoin worth about $62 million to Coinbase Prime, citing data from Arkham. Read more

Bitwise chief investment officer Matt Hougan said the bottom is “closer than ever,” while a Swan Bitcoin analyst suggested investors buy now at a discount rather than overpaying later. Bitcoin’s realized profit and loss ratio has fallen to a 43-month low of -0.35, a figure that signals extreme market-wide loss conditions but has historically coincided with market bottoms, blockchain analytics platform CryptoQuant said. The Bitcoin realized P&L ratio — which measures the net percentage of Bitcoin (BTC) in profit or loss relative to total supply — hasn’t fallen this low since December 2022, shortly after FTX shockingly collapsed and sent Bitcoin below $16,000. “Historically the indicator has marked BTC bottoms with extreme precision,” CryptoQuant said on Thursday. In 2015 and 2019, the Bitcoin realized P&L ratio also fell below -0.35 before price rallies followed.  Read more

Bitcoin and Ether bounced off multi-year lows as dip buyers finally stepped in, and the spot BTC ETFs saw a $221 million inflow on July 2. Bitcoin (BTC) rallied, $50 short of $63,000, on July 3, and Ether (ETH) outperformed the wider market, pushing to $1,775. The end-of-week rally comes a few days after BTC fell to a 21-month low and ETH sank to fresh year-to-date lows. Highlighting the negative sentiment, the Crypto Fear & Greed index registered “Extreme Fear” at 11 out of 100.  Crypto Fear & Greed Index. Source: Alternative.me Read more