U.S. President Donald Trump recently said an agreement with Iran could be signed within the next “two or three days,” signaling that tensions in the Middle East may be easing. Meanwhile, Bitcoin has recovered from recent lows below $59,500 and is now trading around the $63,000. Trump: “Agreement with Iran can be signed in 2-3
Standard Chartered maintained its call for Bitcoin to reach $100,000 by Dec. 31, even after the cryptocurrency briefly fell below $60,000 last week for the first time since October 2024. Geoffrey Kendrick, the bank’s global head of digital assets research, called the selloff “painful” but argued the bulk of selling may be over, adding that
Bitcoin has fallen back below $61,500 on Monday, extending a punishing stretch that has now erased more than 8% of its value over the past seven days and pushed the total crypto market cap down to levels not seen since the early part of the year. Into that environment, Changpeng Zhao, the founder of Binance
Onchain analyst James Check says the conditions building across artificial intelligence (AI) stocks and upcoming initial public offerings (IPOs) are creating a setup where bitcoin ends up the most underowned and least-forced-sale asset in the market when the cycle turns. Key Takeaways: Checkonchain founder James Check says bitcoin’s “time pain” process removes sellers before any
Bitcoin’s drop toward $60,000 last week exposed how quickly a shift in investor appetite can turn into forced selling when leverage has been rebuilt beneath the surface of the crypto market. The largest cryptocurrency by market value fell nearly 14% last week, triggering almost $10 billion in liquidations of long futures as traders who had
It looks like crypto investors may have to forget about a summer rally, as trading veteran Peter Brandt has provided the market with a fresh breakdown of the defensive ProShares UltraShort Bitcoin ETF (SBIT), whose structure allows investors to profit from a decline in the leading cryptocurrency with double leverage (-2x). The chart of this
Bitcoin demand crashes to its lowest level in more than four years, but this may mark the start of a more difficult phase rather than an imminent reversal. Bitcoin has faced fresh selling pressure, with its price falling to around $61,000 during the latest market downturn. The premier crypto asset has dropped 3.41% this week
Something revealing is happening on Google. Searches for the phrase “Bitcoin to zero” have surged to the highest level ever recorded in the United States, hitting a peak score of 100 on Google Trends, stronger than the panic spikes of the 2022 collapse and the 2025 drawdowns. The query is a window into the crypto
A new feature documentary is making the case that Bitcoin belongs in the boardrooms of professional basketball — and it has the access to back it up. Bitcoin Season, directed by Mike Nicoll, follows Swan Bitcoin, an American Bitcoin exchange, on its mission to establish Bitcoin-only partnerships inside the professional basketball industry. The film centers