Can Bitcoin supporters steer clear of the fourth ‘death cross’ at $102K?
Key Highlights Bitcoin is approaching a crucial weekly close with several pivotal price levels in focus. A trader noted that the current whale sell-off puts the future of the bull market at risk. Lower U.S. trade tariffs and an end to the government shutdown could benefit risk assets. Bitcoin’s value held steady around the $100,000 […]
Major Bitcoin Owners Are Selling, Yet There Are Few Buyers As Demand Declines
Bitcoin Struggles to Maintain Price Stability Bitcoin’s price has had a tough time staying above $102,000 recently, mainly due to an imbalance between selling pressure and new demand. On-chain data from CryptoQuant indicates that while long-term holders are cashing in on their investments, the market is struggling to absorb this selling activity. This situation contrasts […]
Bitcoin dropped from being the top trade of 2025, but interest will come back: Alex Thorn
Bitcoin’s Future Outlook Amid Shift in Investor Focus Alex Thorne, who leads research at Galaxy Digital, noted that there was quite a bit of enthusiasm around Bitcoin earlier this year. However, he thinks it might not be long before the cryptocurrency attracts significant attention again. “Bitcoin is always a focal point; it just is,” Thorne […]
Cardsmiths’ Latest Currency Cards Feature More Than $500K in Actual Bitcoin, Dogecoin, and Ethereum
Simply put Cardsmiths has launched a new trading card set that offers cards redeemable for a full Bitcoin. These cards are priced at $37 for a two-pack and can be found at select retailers and on Cardsmith’s website. Some users have successfully redeemed Bitcoin cards for over $100,000 after purchasing packs that cost as little […]
Bitcoin Loses Ground as Coinbase Users Continue to Sell
Bitcoin Market Update Bitcoin has bounced back above $104,000, but it’s interesting that the Coinbase Premium Gap is currently negative. Trends in the Coinbase Premium Gap According to CryptoQuant analyst Maartunn, investors on Coinbase are still selling Bitcoin. The “Coinbase Premium Gap” is the key metric to watch; it measures the difference between Bitcoin’s price […]
Bitcoin miner hashprice approaching $40, miners reverting to ‘survival mode’: Report
Challenges in Bitcoin Mining Sector The Bitcoin mining industry is facing significant challenges, as hash prices—the crucial indicator of profitability—have dropped to levels that may push smaller operators offline and strain the entire supply chain. Currently, the hash price stands at about $42 per petahash per second (PH/s). This figure has been on a downtrend […]
Bitcoin accounts for almost a third of Jack Dorsey’s Block revenue in Q3, Kazakhstan is set to start a $1 billion crypto reserve, and more.
Bitcoin Still Strong Despite Volatility Happy Friday! Bitcoin continues to trade above $100,000, having navigated a rough patch recently. However, there’s a glimmer of hope as institutional investors are increasingly showing interest and there are signs of accumulation among major holders. Analysts suggest that this indicates a quiet resurgence of confidence in Bitcoin, the largest […]
Bitcoin Developer with a Focus on Privacy Sentenced to 5 Years in Prison
Samourai Wallet Co-Founder Sentenced for Money Laundering On Thursday, Keonne Rodriguez, co-founder of Samourai Wallet, was sentenced to five years in prison after being found guilty of charges related to his wallet software that enabled criminals to launder substantial amounts of Bitcoin. This sentence represents the harshest penalty he could face for his actions. This […]
Bitcoin has the potential to rise significantly to $170K, according to JPMorgan’s message to clients.
Bitcoin Price Forecast by JPMorgan According to an analyst from JPMorgan, Bitcoin is projected to rise to around $170,000 within the next 6 to 12 months. This expectation is based on the belief that the ongoing deleveraging of perpetual futures will conclude soon, alongside improvements in the crypto-to-gold volatility ratio. Currently, Bitcoin is trading at […]
Reasons Behind JPMorgan Analysts’ Continued Optimism for Bitcoin Price Despite Falling Below $100,000
JPMorgan Remains Bullish on Bitcoin Amid Price Drop The recent dip in Bitcoin prices, dropping below $100,000, has raised alarm bells throughout the crypto market. Yet, larger institutional players like JPMorgan seem to be staying calm. Reports indicate that the analysts at JPMorgan have a surprisingly positive outlook on Bitcoin, forecasting it could reach $170,000 […]