Tag: Bitcoin

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Bitcoin losing $70,000 is a warning sign for further downside

Bitcoin BTC$67,846.00 is back below $68,000, making the earlier bounce to above $70,000 look weaker.The largest cryptocurrency briefly tried to reclaim the level on...

Bitcoin ETFs hold billions after price crash, but resilience masks harsh reality

Bitcoin exchange-traded funds (ETFs) continue to hold billions in assets despite bitcoin's brutal price crash, but that staying power isn't necessarily the bullish signal...

Italian banking giant Intesa Sanapolo discloses near $100 million bitcoin ETF holdings, along with Strategy hedge

Italian banking giant Intesa Sanpaolo disclosed $96 million in bitcoin ETF holdings and a substantial options position tied to Strategy shares, along with smaller...

Bitcoin Miner Soluna Expands Behind-the-Meter Capacity in Texas via Blockware Pact 

Soluna Holdings is deepening its ties with Blockware, adding 6 megawatts (MW) of capacity at Project Dorothy 1 in West Texas as deployment moves...

Bitcoin Price May Drop Another 20% Amid Alarming Whale Activity

Bitcoin has formed a classic bearish pattern on its daily chart, and if confirmed, a price drop to $56,000 could be on the cards.This...

Why Bitcoin Open Interest Has Seen Its Largest Decline in Almost 3 Years

In brief Bitcoin open interest has dropped 55% from its $94B all-time high, now sitting at roughly $44B The asset briefly bounced above $70,000 after a...

Record Dollar Bearishness Sparks Bitcoin Correlation Debate

The U.S. dollar is heading for a weekly loss as bearish positioning hits record lows, but bitcoin’s shifting correlation with the dollar index is...

Coinbase CEO Addresses ETF ‘Paper Bitcoin’ Claims

Executives at Coinbase used a recent company ‘AMA’ call to address growing scrutiny around Bitcoin exchange-traded funds, defending the firm’s dominant role...

Bitcoin Traders Say Watch These BTC Price Levels Next

Bitcoin (BTC) analysts mapped out the key BTC price levels to watch as the market’s focus shifted to the $58,000 to $65,000 zone as...

“New” Bitcoin Whale Losses Deepen as Binance Inflows Rise

Bitcoin’s (BTC) price continued to consolidate near $68,000 on Tuesday, but sustained weakness below this level may generate additional sell pressure from the newest...

Strategy’s 717,131 BTC Stash Underwater as Bitcoin Struggles Below $69,000

Bitcoin navigated an uneasy range between $67,000 and $69,000 as extreme market fear weighed on sentiment. Despite briefly reclaiming the $69,000 level, the price...

Will US-Iran Talks and US PCE Set the Tone for Oil, Gold and Bitcoin?

Markets head into this week navigating a familiar cross-current: geopolitics setting the floor for energy, while U.S. inflation and growth data determine how much...