David Schwartz, former CTO of Ripple, recently argued that Bitcoin’s decentralization does not come from its use of the PoW mechanism. Schwartz’s latest comments followed a recent event where a single mining entity showed significant control. This led to discussions about how secure and balanced Bitcoin’s network truly is with the Proof-of-Work consensus mechanism. Key
Bitcoin continued its upward momentum above $71,000 on Tuesday as investors continued to weigh the market impact of President Donald Trump’s decision to pause planned US attacks on Iranian power and energy infrastructure for five days. Data from CryptoSlate showed that the top cryptocurrency was trading at around $71,185 as of press time, rising 4%
Bitcoin continues to trade within a tightening range, signaling a decisive move may be approaching. The 4-hour chart shows price compressing between firm support near $70,000 and resistance just below $72,000. This structure reflects a market caught between cautious buyers and persistent sellers. Notably, higher lows continue to form, suggesting underlying demand. However, repeated failures
Bitcoin might be struggling at the moment, but recurring historical price action shows a notable turnaround is on the horizon. Notably, Bitcoin has corrected considerably from its all-time high of $126,200 in October 2025, marking the end of its cyclical bullish phase. At the current price near $71,000, this represents a 43.7% drop from the
A new chart from Jameson Lopp has reopened one of Bitcoin’s oldest internal debates: whether visible node counts reflect real support for a rule change. The immediate flashpoint is BIP-110, a draft proposal that would temporarily impose much tighter consensus-level limits on non-monetary data, following Bitcoin Core 30’s loosening of the default OP_RETURN policy. Lopp
Bitcoin exchange-traded funds (ETFs) opened the week with a strong rebound, breaking a three-day outflow streak. Ether extended its losses, while $XRP and solana remained inactive. Ether Outflows Continue as Bitcoin ETFs Snap Outflow Streak A new week brought a shift in tone. After several sessions of steady withdrawals, bitcoin ETFs found their footing again,
Recent analyses published regarding cryptocurrency markets have once again brought the impact of geopolitical developments on Bitcoin’s price to the forefront. According to a report shared by liquidity provider and market maker Wintermute, developments in the Middle East and volatility in energy markets, in particular, could be decisive for Bitcoin. The report predicted that if
Bitcoin BTC$71,021.58 has likely found its bottom and is primed for further gains, Wall Street broker Bernstein said in a Tuesday note to clients, reiterating its $150,000 year-end price target. “We believe Bitcoin has found its trough and is now heading higher,” wrote analysts led by Gautam Chhugani. The world’s largest cryptocurrency was trading around
Bitcoin recently found support at a key onchain metric — the average realized price for a specific year — in this case the 2023 cost basis. The 2023 average realized price currently sits around $63,700. During the local bottom in early February, when bitcoin dropped roughly 50% from its October all-time high, to roughly $60,000,
Bitcoin ($BTC) is trading at $71,063, up 0.23%, inside an ascending channel on the 12-hour chart as a large whale short position faces liquidation. A $46 million short bet opened on Hyperliquid carries a liquidation level of $71,712. If $BTC reaches that level, the forced closure would inject additional buying pressure into an already recovering