Garrett Jin, founder of the cryptocurrency exchange BitForex, which was shut down amid fraud allegations, said Bitcoin is likely to remain rangebound until it can break through a key resistance zone between $80,000 and $82,500. In a blog post published this week, Jin outlined a scenario where BTC could trade sideways for several weeks, allowing
Bitcoin’s recent price breakout that saw it briefly touch $80,000 from a low of around $62,000 within just a week has helped most of its investors recover from their losses. Following the major price comeback, recent analysis showcased on crypto analytics platform CryptoQuant shows that 69% of its supply is now sitting in profit. Bitcoin
European-listed investment firm Capital B has announced a €21 million ($24.45 million) capital increase aimed at institutional investors, with proceeds earmarked to fund the acquisition of up to 270 additional Bitcoin. If fully executed, the company’s total Bitcoin holdings would rise to approximately 3,415 $BTC, underscoring its continued commitment to a strategic Bitcoin treasury. Capital
Alpha Modus shares fell 25% after the company agreed to issue more than 10 times its existing share count for Bitcoin. The Nasdaq-listed company said 10 non-US investors would contribute 3,170 $BTC in exchange for 51.62 million Class A shares and warrants covering another 51.62 million shares, according to an Aug. 27 SEC filing. The
Bitcoin ($BTC) saw volatility after Friday’s Wall Street open as markets reacted to US Federal Reserve chair Kevin Warsh’s comments on future monetary policy. Key points: Bitcoin initially fell during Fed chair Kevin Warsh’s Jackson Hole keynote speech before circling $79,500. Warsh said he sees no trend change in inflation despite recent lower PCE and
According to some metrics, Bitcoin ($BTC) has ended its bear market as a composite $BTC price indicator flips bullish for the first time since October 2025. Key points: Bitcoin has exited its 2026 bear market, Ki Young Ju says as a profitability metric prints a positive reading of 0.042. The breakout from negative to positive
Bitcoin, the leading cryptocurrency, surged above $81,000 during the week, but then dropped to around $78,000 following Federal Reserve Chairman Kevin Warsh’s hawkish speech at Jackson Hole. However, it subsequently recovered back above $79,000. While the market wonders whether $BTC will continue its upward trend, the analysis company Alphractal has shared its updated assessment of
Bitcoin has surged above $80,000 in recent days. While some analysts argue this rise signals an early bull run, the latest assessment comes from Grayscale Research Head Zach Pandl. Zach Pandl, discussing the correlation between Bitcoin and gold, noted a remarkable shift in Bitcoin’s behavior in the markets. At this point, Pandl noted that Bitcoin’s
Today, global markets and cryptocurrencies are focused on Federal Reserve Chairman Kevin Warsh’s speech in Jackson Hole. His statements are of great interest to both $BTC and altcoins. A hawkish Warsh could put downward pressure on Bitcoin and cryptocurrencies, while a more dovish Warsh could push the market higher. At this point, Bitcoin was just