In the cryptocurrency market, Bitcoin’s price movements have begun to resemble behavior seen in the final stages of past bear markets. According to crypto analyst Murphy, Bitcoin has struggled to sustainably break above $67,900, a significant technical resistance level, for the past two months. Murphy noted that this level is particularly critical for short-term investors.
U.S. spot Bitcoin exchange-traded funds (ETFs) recorded net outflows of approximately $61.1 million on Monday, Aug. 12, according to data from Farside Investors. The reversal came just one day after the funds posted net inflows, underscoring the volatile sentiment that continues to characterize the digital asset market. Daily Fund Flows: A Closer Look Fidelity’s FBTC
Metaplanet CEO Simon Gerovich has shut down speculation that the Japanese Bitcoin treasury company was selling its holdings. “This was a routine custody operation. No bitcoin was sold, and our holdings remain 43,000 $BTC,” Gerovich said Thursday. The company transferred 5,014 $BTC ($322 million) over a 24-hour span starting Wednesday. Gerovich said the network fees
Blockchain analytics firm Glassnode has cautioned that Bitcoin could face further downside if the $58,500 support level breaks, according to a report cited by Wu Blockchain. The warning comes as spot trading volume for Bitcoin has dropped to its lowest level since the firm began tracking the data in 2019, signaling weak market participation. Key
For years, Strategy’s [MSTR] Bitcoin [$BTC] plan has been simple: Keep buying. In 2026 though, the company’s a bit more held back, focusing on building a cushion before its next big move. So, what’s new? Bitcoin risk is on the table Strategy recently took an unusual step by publishing a Bitcoin Credit model. It revealed
On Monday, August 10, the U.S. spot Bitcoin [BTC] ETF flows measured a negative $144.6 million. It broke a streak of positive flows for five consecutive trading days, which had brought in $865.3 million. At the same time, Bitcoin was also down just over 3% from Sunday’s local high at $65,474. The $65k-$67k is a
An address that had remained inactive for roughly two years has moved 1,770 Bitcoin, valued at approximately $112.14 million, to a new wallet. The transaction was flagged by on-chain tracking service Onchain Lens, drawing attention from market observers who monitor large holder activity for potential market signals. What the On-Chain Data Shows According to Onchain
A Fracture in Node Sovereignty In the wake of the now-failed attempt to restrict non-financial data on the Bitcoin blockchain, prominent ecosystem voices, including BIP-110 proponent “Bitcoin Mechanic,” have declared that the protocol has suffered terminal “protocol capture” by centralized mining cartels. The fallout follows the Aug. 8 activation deadline for BIP-110, yielding barely 2.5%
Bitcoin [$BTC] failed to sustain its latest upward move after rejection at $65.4K. It then hovered near $63K. At press time, Bitcoin traded near $63,736, down 0.32% on the daily chart. Despite weak price action, Metaplanet and Hut 8 moved sizeable Bitcoin holdings. Neither transfer had reached an exchange wallet. Are Bitcoin treasury transfers a
Bitcoin entrepreneur Samson Mow has argued that the growth of the BIP-110 movement was in large part a reaction to decisions and behavior within the Bitcoin Core ecosystem. Mow’s comments came after a series of exchanges on X involving analyst Michael Sullivan, Bitcoin Core developer Antoine Poinsot and Blockstream co-founder Adam Back. “This entire mess