Bitcoin is approaching a decisive technical zone after retreating from last week’s three-month high of $81,455 and returning toward the $78,000 region. The pullback has placed the $80,000-$81,000 range at the center of the market. The immediate outcome depends on several measurable forces rather than price momentum alone. Technical indicators are improving, but Binance whale
In brief Bitcoin held around $78,623 on Monday, down just 0.7% on the day but set to close August up more than 24%—its strongest month since 2017—despite a difficult macro backdrop. Fresh U.S. strikes on Iran over the weekend sent oil higher and pushed stocks lower, with the S&P 500 off 0.5% and the Nasdaq
Bitcoin may be preparing for another move higher after holding key support despite a sharp intraday sell-off, according to prominent crypto trader DonAlt. “Looks like we’re gonna get another leg up soon,” DonAlt said in a post on X on Aug. 31. The comment comes as Bitcoin heads into September after an unusually strong August
USBC, a company known for its Bitcoin treasury strategy, has filed a registration statement covering approximately 359.82 million shares, representing about 92.7% of its total shares outstanding, for potential resale by existing shareholders. The shares have already been issued, and no actual sale has been determined as of the filing date, according to a report
Prominent quantitative trader KillaXBT has issued a bold prediction, stating that Bitcoin will reach a new all-time high next year. In a recent post to his 223,000 followers on X, he argued that the biggest mistake investors could make right now is staying on the sidelines instead of buying. KillaXBT’s Bullish Outlook on Bitcoin KillaXBT,
Bitcoin is on track to log its best August performance since 2017, demonstrating remarkable resilience against back-to-back macro shocks as escalating US-Iran hostilities and a hawkish pivot from the Federal Reserve test the durability of the digital-asset rebound. Data from CryptoSlate shows that the largest cryptocurrency is trading near $78,400 as of press time, bringing
Metaplanet has paid over $45 million to operate a bitcoin ($BTC) treasury company that has a $1 billion unrealized loss from investing in $BTC. The Japanese company that emulated Michael Saylor’s Strategy loaded its purchases far higher than Strategy’s $75,385 cost basis. It paid 36% more, to be precise. Indeed, Metaplanet has paid $4.41 billion
Bitcoin ($BTC) gyrated around $78,000 at Monday’s Wall Street open as US bond yields neared 20-year highs again. Key points: Bitcoin reacts as the US Treasury Secretary comments on bond markets in a mainstream media interview. Analysis warns that bonds are “ignoring” policy changes as new 20-year highs loom for the 30-year yield. $BTC price
Bitcoin, the leading cryptocurrency, has experienced a significant surge in recent days, climbing from $62,000 to over $81,000. Whales were the biggest buyers during this rise, and there was a clear divergence between the actions of large and small investors. According to on-chain data shared by CryptoQuant writer Woo Minkyu (using a pseudonym), large wallets
After months of decline, August offered a glimpse that the cryptocurrency bear market might be at its end, as rising digital asset prices led to a large increase in the number of addresses holding more than $1 million worth of Bitcoin ($BTC). Specifically, data compiled by Finbold and retrieved from BitInfoCharts, as well as from