Crypto analyst Darkfost said Bitcoin is facing one of the most challenging US Treasury yield environments since its inception. According to the analyst, high long-term US Treasury yields could continue to put pressure on risky assets. According to Darkforth’s social media post, while the US federal funds rate and the dollar index have seen higher
A divergence in a volatile market can cut both ways. On the bullish side, if volatility breaks higher, a bear trap could send Bitcoin back above key resistance levels, triggering short squeezes and adding fuel to the FOMO trade. On the flip side, if volatility breaks lower, a deeper correction could trap overexposed longs and
A newly created, anonymous Bitcoin address has withdrawn 820 $BTC, valued at approximately $51.99 million, from the cryptocurrency exchange Binance within the past 24 hours. The transaction was flagged by on-chain analytics platform Onchain Lens, which noted that the receiving address — starting with ‘bc1qcgs’ — had no prior transaction history before this large inflow.
Cathie Wood, CEO of Ark Invest, has reiterated her firm’s conviction in Bitcoin as a core portfolio asset, stating that the cryptocurrency tends to lead market cycle rallies and currently holds a higher weighting in Ark’s AI and fintech portfolios than major infrastructure firms like Coinbase and Circle. Speaking on the South Korean YouTube channel
Summary SpaceX’s record-breaking Nasdaq debut also introduced the largest bitcoin position ever attached to an IPO, with 18,712 BTC held as a strategic cash reserve. Unlike dedicated bitcoin vehicles such as Strategy or crypto treasury firms, SpaceX treats its roughly $1.29 billion bitcoin stake as a small, non-core holding within a $1.8 trillion valuation, potentially
Summary Bitcoin climbed above $64,000 on Saturday, gaining more than 8% from its June low near $59,000 and putting it on track to end a four-week losing streak. U.S. spot bitcoin ETFs recorded $85.9 million in net inflows on Friday, the largest daily inflow since May 14. Pakistan’s Prime Minister said a peace agreement is
Although Bitcoin is beginning to show signs of a possible price recovery in the near term, traders on Kalshi still believe there is a high chance it will retest $50,000 soon. Amid rising curiosity about what could be Bitcoin’s next price move, whether the asset would plunge lower or it is ready for a major
Bitcoin’s bear market is entering its final phase and could bottom out around the 2026 FIFA World Cup, which runs from June 11 to July 19, according to a June 12 report from BIT Research. Its main thesis is that a mix of technical patterns, weak market sentiment, and easing inflation pressure could set the
Galaxy Research suggests that Bitcoin may not yet have hit its bottom in the current cycle, and according to historical indicators, a base could form for $BTC between $40,000 and $46,000 in the base scenario. According to the company’s report, only 4 out of 13 of the bottom signals seen in Bitcoin’s past cycles have