Story Highlights Bitcoin may drop toward $40K as analysts warn the bear cycle could last into 2026, with a potential market bottom forming next year. Experts say $BTC could revisit $40K before recovery, as cycle data points to a possible bottom around May or October 2026. Bitcoin sentiment has weakened as the market continues its
Bitcoin price today trades near $67,082, down 0.48% in the past 24 hours as the market remains trapped in a tight range between $66,000 and $72,000. The consolidation comes after a sharp recovery from the February 5 crash below $60,000, with buyers and sellers locked in a standoff as the debate over Bitcoin’s four-year cycle
Global crypto exchange Binance has completed the conversion of its $1 billion Secure Asset Fund for Users (SAFU) from stablecoins into Bitcoin. The fund spent over $305 million acquiring 4,545 $BTC on Thursday, bringing the total stash to 15,000 $BTC worth over $1 billion, according to Arkham Intelligence data. #Binance SAFU Fund Asset Conversion –
Bitwise CEO Hunter Horsley said that the recent pullback in the cryptocurrency market is being seen as an “opportunity” by some institutional and wealthy investors. According to information shared by Horsley, a wealth management client the company contacted about two years ago, despite never having invested in crypto assets before, made their first Bitcoin purchase
Val Vavilov, an early figure in the cryptocurrency sector, stated that they view the recent sharp drop in Bitcoin as a buying opportunity. The Latvian billionaire, who founded Bitfury 15 years ago and made it one of the largest companies in the sector, stated that they bought Bitcoin at low levels in order to rebalance
Nick Szabo, a cryptographer and computer scientist who has occasionally been linked to Satoshi Nakamoto in the cryptocurrency world, compared Bitcoin and gold in terms of cost, storage, and transfer. Szabo argued that Bitcoin has some significant advantages over physical gold, especially for individual investors. According to Szabo, Bitcoin is “slightly cheaper” than physical gold
Stretch (STRC), the perpetual preferred equity issued by Strategy (MSTR) the world’s largest corporate bitcoin holder reclaimed its $100 par value during Wednesday’s U.S. session for the first time since mid-January. STRC trading at or above par enables the company to resume at-the-market (ATM) offerings to fund further bitcoin acquisitions. STRC last hit the $100
The odds of a U.S. government shutdown before February 14 continue surging. The spikes come as Bitcoin and broader crypto markets continue to slide, with total market cap falling 1.8% to $2.3 trillion. Meanwhile, the Fear and Greed Index has dropped to 9 from 10, adding to concerns Bitcoin could fall again after dipping below
The largest realized loss in bitcoin history occurred during last week’s market downturn, shattering previous records as the asset plummeted from $70,000 to $60,000 on Feb. 5. According to Glassnode, the Entity-Adjusted Realized Loss reached $3.2 billion. This metric exclusively tracks the USD value of moved coins sold below their acquisition price while filtering out
The odds of a government shutdown in the United States taking place before Saturday, February 14, have surged to 85%. This rise has occurred amid a sustained downward trend in Bitcoin and the overall crypto market, with total market capitalization currently at $2.3 trillion, down 1.8%. In response to this situation in the crypto industry,