Bitcoin has stabilized near $73,000 after a three-day slide, but bearish chart signals suggest the correction may not be over. According to data from crypto.news, Bitcoin ($BTC) price was trading around $73,200 at press time, recovering modestly after briefly falling toward the $72,600 region on May 28. The decline erased more than 10% from Bitcoin’s
Large-scale capital outflows from U.S. crypto funds have continued for the ninth consecutive day and show no sign of stopping. Just before the start of the May 29 trading session, investment giant BlackRock transferred another large batch of assets worth 2,448 $BTC valued at $180 million to Coinbase Prime, according to Arkham. As is already
Acting Texas Comptroller Kelly Hancock on Thursday announced the members of the Texas Strategic Bitcoin Reserve Advisory Committee, a newly created body tasked with guiding the state’s management, custody, and valuation of bitcoin holdings. The committee was established under Senate Bill 21, passed by the 89th Texas Legislature and signed into law on June 22,
Bitcoin ($BTC) crowdfunding campaign that originally raised just 6.1 million sats ($1,690 at the time) to send Ugandan educator Brindon Mwiine to $BTC Prague has helped transform a struggling rural school into a campus serving more than 100 children. According to Mwiine, donations from Bitcoin supporters around the world ultimately funded classroom construction, teacher salaries,
The BEA’s April PCE print showed headline inflation at 3.8% year over year and core at 3.3%, broadly matching economist expectations and removing the risk of a fresh macro shock, leaving Bitcoin in the fragile middle ground it has occupied since losing $75,000, where macro panic has cooled. Yet, renewed demand still has to arrive
Bitcoin’s [$BTC] latest decline has steadily reshaped market structure as more recent buyers slipped below their cost basis. When $BTC fell from $76.6k to $72.9k, the total supply in loss rose from 7.75 million $BTC to 8.33 million $BTC. This added roughly 580,000 $BTC to underwater supply, indicating heavy accumulation occurred near local highs before
After a multi-session fade, with sentiment at Extreme Fear (23), traders see Bitcoin price today near $73,856, hugging the daily pivot as bears hold the higher timeframe. However, proximity to the lower Bollinger Band could spark a choppy mean-reversion bounce. $BTC/USDT — daily chart with candlesticks, EMA20/EMA50 and volume. Multi-timeframe read Daily (macro bias): Bearish
Bitcoin may be struggling right now, but Anthony Pompliano says that could actually be part of a much bigger cycle. Speaking in a CNBC Squawk Box interview, Pompliano explained that many investors are currently chasing AI-related stocks because they are delivering strong momentum and fresh all-time highs, while Bitcoin has fallen out of favor in
Bitcoin has lost the bear market resistance band after briefly breaking above it, suggesting that the price downtrend could continue. It is not looking good for Bitcoin ($BTC) here. While it has dropped 5% in the past seven days, a recent discovery suggests that bears are just regaining full control of the market, and prices
Texas is seeking a custody and liquidity provider to help move its Strategic Bitcoin Reserve from BlackRock’s iShares Bitcoin Trust (IBIT) spot Bitcoin exchange-traded fund (ETF) into directly held coins, according to a state procurement document. The move, posted May 7 and announced in a Thursday release from the Texas Comptroller’s office, would move Texas