A hawkish Fed. Rising bond yields. Concerns about Strategy (MSTR). Bitcoin $BTC$64,085.65 already has plenty working against it. Now an ominous chart pattern is adding to the uncertainty. The pattern is called a bear flag, and a breakdown could send the price of the largest cryptocurrency to as low as $54,000 initially, according to pseudonymous
The sharp pullback in the cryptocurrency market in recent weeks has put significant pressure on short-term Bitcoin investors in particular. According to data shared by CryptoQuant analyst Darkfost, short-term investors have transferred over 80,000 $BTC to Binance in the last seven days. At current prices, this represents approximately $5 billion in potential selling pressure. According
For years, users looking to speed up their transactions on the Bitcoin blockchain relied on a handy optional feature that essentially says, “I might want to replace this transaction with a higher fee.” But what started as a helpful tool has become redundant and a small privacy issue, prompting some developers to discuss possible ways
Preliminary data released Monday showed South Korea’s exports climbed 60.4% from a year earlier for the first 20 days of June. So far, adjusted exports surged nearly 50%, almost matching May’s hot pace of 52.6%. The surge, driven largely by artificial intelligence (AI) demand, has not only elevated the country’s trade surplus but is also
Institutional Buyers Stay on the Sidelines as Negative Coinbase Premium Deepens Concern Bitcoin continues to show signs of weak institutional participation, with one key market indicator now flashing a warning that has persisted for a record length of time. The Coinbase Premium Index, which measures the price difference between bitcoin on Coinbase Advanced and Binance,
NeoPod, Neo’s community ambassador program, will host its second AMA session on Saturday, July 6, with grassroots community builder Aziz. The text-based AMA will run at 6:00 p.m. (UTC) in the #Proposal-Questions-AMA channel of the NeoPod Discord server. Aziz is an independent community member who is best known as the builder behind NeoRedPill, a Matrix-inspired
Europe’s Bitcoin treasury trade is moving from accumulation headlines into financing design. Capital B now has shareholder authority for a huge capital and credit toolkit, while $BTC AB is testing investor demand for a preference-share structure before its June 30 subscription deadline. The shared promise is higher Bitcoin per fully diluted share. The shareholder risk
China Sheds US Treasuries Amid Geopolitical Uncertainty and Federal Reserve Independence Concerns China, one of the largest economies, reduced its U.S. Treasury holdings in April, reaching an 18-year low. According to data recently released by the U.S. Treasury Department, China sold part of its U.S. Treasuries in April, reducing its holdings from $652.3 billion in
Bitcoin’s weekend rebound is running into a familiar problem: several TradingView analysts are still treating the move as a retest rather than a confirmed reversal. TradingView chart shared by SHAY_ANALYTICS. TL;DR Three TradingView ideas point to Bitcoin struggling beneath important resistance after a recent breakdown. SHAY_ANALYTICS says $BTC remains bearish while it trades below the
The discussion happened 16 years ago today, on June 21, 2010, in a Bitcointalk thread called “Dying bitcoins.” A user had asked whether forgotten wallets meant the network would shrink over time. After replies from Laszlo Hanyecz and Gavin Andresen, Satoshi answered at 17:48:26 UTC with a line that still circulates today: “Lost coins only