Bitcoin price predictions drop below $50K as BTC mirrors past bear markets
Bitcoin Struggles Ahead of Weekly Close Bitcoin’s price has barely managed to stay above $50,000 as it approaches the weekly close on Sunday, struggling to recover from a significant low not seen in ten months. Key Points Bitcoin’s price outlook continues to be bearish, with traders still reeling from the recent downturn. The CME futures […]
12-Year-Old Bitcoin Owner Sells Over $260 Million in BTC, What Does This Indicate?
Bitcoin Market Under Pressure from Major Sell-Off Recently, Bitcoin has faced another significant sell-off by long-time holders, igniting discussions about how such large transactions might impact short-term price trends. On-chain data from look on chain reveals that early Bitcoin investors, who acquired 5,000 BTC a dozen years ago, have sold off 500 BTC, valued at […]
Bitcoin price forecast: BTC options show concerning signals as traders target $70,000
Bitcoin’s Recent Volatility Spike On Thursday, Bitcoin experienced a significant selloff, leading to a noticeable increase in its volatility as traders moved quickly to safeguard prices. The Deribit Bitcoin Volatility Index (DVOL) surged from approximately 37 to over 44. This index is often compared to Wall Street’s VIX, a barometer that indicates expected price fluctuations […]
Bitcoin price forecast: Analysts suggest $70,000 might be possible for BTC
Cryptocurrency Market Update Cryptocurrencies took another hit on Thursday as traditional markets also stumbled. The Nasdaq dipped over 2%, while gold prices fell nearly 10% from an overnight high. Early on, cryptocurrencies saw a mild decline that morphed into a significant sell-off by the morning in the U.S. However, both the Nasdaq and gold bounced […]
Strive acquires 334 BTC and reduces most debt from Semler Scientific agreement
Strive Makes Significant Debt Payment and Expands Bitcoin Holdings Bitcoin treasury firm Strive has recently managed to pay off 92% of the debt inherited from its acquisition of Semler Scientific earlier this month. Additionally, the company announced it has bought another 334 Bitcoins following its preferred stock offering. On Wednesday, Strive indicated it anticipates around […]
Bitcoin update: BTC remains close to this year’s low while precious metals attract interest.
Bitcoin is currently around $88,000, showing some slight recovery after a weekend sell-off, though it’s lower than the near $90,000 mark from late Friday. The drop on Sunday was largely due to worries about a possible government shutdown on January 31 and the subsequent liquidity issues, yet this news didn’t seem to affect the precious […]
‘Opportunists’ advocating for protocol changes pose the greatest risk to BTC: Saylor
Bitcoin Co-Founder Warns of Threats to the Network Michael Saylor, a co-founder of Bitcoin, expressed concerns that “ambitious opportunists” could pose significant risks to the Bitcoin network by pushing for changes in its protocol. His remarks ignited discussions online, particularly with Bitcoin maximalist Justin Bechler suggesting they were directed at software developers promoting alternative uses […]
Bitcoin price update: BTC below $88,000 before Fed week and major tech earnings
Bitcoin Experiences Decline Below $88,000 On Sunday, Bitcoin dipped below the $88,000 mark, continuing a downward trend that affected the cryptocurrency market last week. It seems brokers were less active during the weekend, leading to a somewhat muted trading atmosphere. By the afternoon in the U.S., BTC was hovering around $87,800, down roughly 2% over […]
Is Bitcoin’s Four-Year Cycle Expected to Change and Will BTC Start a Major Supercycle in 2026? CZ from Binance Believes So
Bitcoin’s Potential Shift and CZ’s Insights Bitcoin (BTC) has historically followed a four-year cycle linked to halvings, with the price generally peaking 12 to 18 months post-supply reduction. After that, a notable market correction usually leads into a longer bear market. The next halving is anticipated around April 2028, with hopes for record highs by […]
Steak ‘n Shake Increases Bitcoin Investment by $10 Million Alongside BTC ‘Strategic Reserve’
Simply put Restaurant chain Steak ‘n Shake has reported a $10 million increase in its Bitcoin exposure. The company has previously established a Bitcoin reserve, which encompasses all BTC payments made to its businesses. After beginning to accept Bitcoin payments last year, Steak ‘n Shake has attributed rising sales partly to this decision. American restaurant […]