Matt Hougan says Bitcoin bottom may be near ahead of fall rally
Bitwise CIO Matt Hougan has said Bitcoin may be moving closer to a market bottom as Strategy’s STRC stress drains excess leverage from the market....
Tag : Bitcoin
Bitcoin holds $61K after US jobs data report, AI sector weakness: Did BTC bottom?
Key takeaways: Soft US jobs market data triggered a rotation of capital from overheated AI stocks into Bitcoin and gold. Bitcoin onchain indicators hint at...
Is Bitcoin heading for $65K? Sharplink buys $16M ETH: Market Moves
Bitcoin rises amid Fed inflation talks: Bull trap or $65K next? Bitcoin (BTC) reacted positively to US Federal Reserve Chair Kevin Warsh’s remarks on stubborn...
Bitcoin needs $1 trillion for its next bull run
In 2011, $2.7 billion of inflows sent Bitcoin up more than 55,000%. This cycle, $697 billion produced 689%. A leading analyst says the math has...
Japanese Financial Giant SBI to Shut Down Bitcoin Mining Pool
In brief SBI Crypto is ending its Bitcoin mining pool service, the 11th largest according to Hashrate Index. The firm joins a growing list of...
Bitcoin price taps new July high above $62K on weak US jobs data
Bitcoin (BTC) passed $62,000 at Thursday’s Wall Street open as crypto reacted to weak US employment figures. Key points: US nonfarm payrolls data delivers a...
Crypto Shorts Get Rekt as Bitcoin, Ethereum and XRP Rise to Weekly High Prices
Major cryptocurrencies are broadly in the green Thursday with Bitcoin, Ethereum, XRP, and other top coins showing gains as crypto liquidations climb—with short positions making...
FBI Director Kash Patel's Undisclosed Stock Buy in Bitcoin Giant Strategy Is Down 44%
In brief FBI Director Kash Patel disclosed months late that he bought a significant amount of Strategy stock last November. Strategy shares have since fallen...
Bitcoin miners are selling: is capitulation here?
Public miners have dumped Bitcoin at a record pace, hashprice has collapsed to post-halving lows, and older machines are switching off. That is the textbook...
Metaplanet Adds 2,823 Bitcoin in Q2 as Buying Pace Cools
In brief Metaplanet bought 2,823 Bitcoin in the second quarter for about $222 million, lifting its total holdings to 43,000 BTC. It was the company’s...