Bitcoin is having trouble clearing $80,000 because the rally is not being carried by strong spot buying. Right now, prices are barely holding onto $79,000, which may look stable on the screen, but the market under it is thin. The main warning is simple: futures are doing almost all the work. Across the top six
In brief The price of Bitcoin topped $80,000 overnight for the first time since January. Both Bitcoin and Ethereum have made sizable gains over the last month after a tough start to the year. Strategy didn’t buy any Bitcoin last week ahead of its upcoming earnings report. The price of Bitcoin rose above the $80,000
The Bitcoin ($BTC) Automated Teller Machine (ATM) operators in Canada have signaled resilience in 2026 amid a looming nationwide ban. The number of Bitcoin ATMs in Canada has surged by 176 units year-to-date (YTD), up from 3,732 booths on January 1 to 3,904 outlets as of May 4. As such, $BTC ATMs in Canada have
Today marks an important date on the crypto industry calendar – the anniversary of the man who saw Bitcoin’s potential before anyone else. Hal Finney, an outstanding cryptographer and the first Bitcoin enthusiast, would have turned 70. Although in recent weeks the mass media have been overloaded with theories from the film “Finding Satoshi” released
Institutions are buying Bitcoin ($BTC) at more than five times the rate miners are producing it, and according to Capriole Investments founder Charles Edwards, that gap has historically come right before huge price gains. In a post on May 4, Edwards said every instance in the past of this demand-to-supply ratio produced an average return
DonAlt, a seasoned investor and veteran of the cryptocurrency sector, accurately predicted that XRP would increase by 700% to reach $3.65 in 2024. The analyst, using a pseudonym, has now revealed his updated predictions for Bitcoin ($BTC). The analyst presented three different scenarios for $BTC and identified three different price levels for each scenario. Bitcoin
Optimism that briefly sent Bitcoin above $80,600 overnight evaporated as news broke of Iranian missiles targeting a US Navy vessel near the Strait of Hormuz. Iran’s state-linked Fars news agency said the US Navy vessel ignored warnings from the Revolutionary Guard (IRGC) and was struck by two missiles and forced to turn back. The allegation
Arthur Hayes does not deal in vague timelines. Speaking at the Cointelegraph booth at Bitcoin Vegas, the BitMEX co-founder put a specific window on Bitcoin’s return to six figures: after the northern hemispheric summer. “I think we’re going to hit $100,000 after the northern hemispheric summer,” Hayes said, “mostly because the dollar liquidity situation is
Capital B raised 1.1 million euros ($1.28 million) through a warrant issuance subscribed by Blockstream CEO Adam Back, extending the cryptographer’s backing of the French-listed Bitcoin treasury company. Back subscribed to 10 million subscription warrants at 0.11 euros ($0.13) each, according to a Monday announcement from Capital B. Each warrant gives Back the right to
Bitcoin has pulled back to $79,000 after briefly topping $80,000 during the Asian hours. As of writing, the leading cryptocurrency by market value was still up 0.4% on a 24-hour basis. The CoinDesk 20 Index was up 0.4% alongside a nearly 1% rise in ether (ETH) and marginal gains in $XRP ($XRP) and solana (SOL).