Key takeaways: Bitcoin derivatives show limited conviction among pro traders, but ETF flows and Strategy could play a role in the next higher rally. Reduced odds of a peace plan between the US and Iran, and high oil prices, could impede Bitcoin’s price discovery. Bitcoin ($BTC) flirted with the $82,000 level on Monday, sparking a
In brief Bitcoin’s current bear market drawdown of around 36% from its ATH is shallower than historical cycles, which saw 40–50% declines. ETF inflows and corporate treasury accumulation have introduced structural demand that analysts say is reshaping how Bitcoin cycles play out. One analyst noted that similar conditions—above True Market Mean and STH cost basis—preceded
Bitcoin’s recent surge past $80,000 has reignited optimism among traders, but algorithmic trading firm Wintermute is urging caution. In a new analysis, the firm argues that the rally is primarily the result of a short squeeze in the perpetual futures market, rather than genuine spot demand — a distinction that makes the current price level
Bitcoin price slipped back toward the $81,000 region on Monday as weakening U.S. institutional demand and renewed geopolitical uncertainty triggered another wave of profit-taking across the crypto market. According to data from crypto.news, Bitcoin ($BTC) traded around $80,900 at press time on May 12 after briefly falling toward an intraday low near $80,700. The pullback
Ethereum co-founder Joseph Lubin has reignited debate around the identity of Satoshi Nakamoto after saying cryptographer Len Sassaman and early Bitcoin pioneer Hal Finney remain the strongest candidates behind Bitcoin’s creation. During a recent interview, Lubin discussed Bitcoin’s future, the growing risks from quantum computing, and what could eventually happen to Satoshi’s untouched Bitcoin wallets.
The leading cryptocurrency, Bitcoin ($BTC), has been on an upward trend in recent weeks. This upward momentum has pushed the $BTC price up to $82,000, and the market argues that this movement is a sign of a new bull run. However, CryptoQuant analyst Julio Moreno notes that the recent upward movement in $BTC indicates a
Bhutan is continuing to reduce its Bitcoin reserves. According to on-chain data tracked by Arkham Intelligence. The wallets linked to the Royal Government of Bhutan (Druk Holdings) recently transferred another 100 $BTC worth roughly $8.1 million. Bhutan is selling Bitcoin. Bhutan just moved 100 $BTC ($8.1M) out of its holding wallets. At their current rate
Bitcoin retail demand has shifted back into positive territory for the first time since early April, according to on-chain data tracked by analyst Axel Adler Jr, though absolute transfer volumes remain below levels seen earlier in the year. The Bitcoin Retail Demand 30-Day Change metric, which tracks transaction activity in the zero to ten thousand
Bitcoin is once again seeing sustained profit-taking on-chain, according to CryptoQuant data. The adjusted SOPR, or aSOPR, has stayed above the key 1.0 level for nine straight days, showing that spent $BTC is moving at an average profit. The signal comes as Bitcoin trades near $80,700 after its recent recovery from April lows. CryptoQuant analyst
BitMEX co-founder Arthur Hayes, known for making bold predictions about Bitcoin ($BTC) and altcoins, says the rise in $BTC began in February and will gain further momentum once it surpasses $90,000. In a recent blog post, Arthur Hayes argues that the Bitcoin bull market has already begun since the end of February. Hayes notes that