Bitcoin rebounded 2.3% on June 11, 2026, climbing from a session low of $60,914 to a high of $63,200, but technical indicators present a divided picture that traders are watching closely. Key Takeaways: Bitcoin’s RSI (14) hit 30 on June 11, 2026, the lowest reading since November 2018, signaling deep oversold conditions. $BTC rebounded 2.3%
Trump’s Iran warning and 6.5% PPI put oil, bitcoin, and equities on alert as traders weigh inflation. Key Takeaways: Trump warned Iran on June 11 as bitcoin traders watched oil and inflation risk. BLS said PPI hit 6.5%, raising pressure on crypto, exchange-traded funds (ETFs), and rate-cut bets. Brent held near $92, but Kharg Island
Luno CEO James Lanigan warned that South Africa’s proposed Capital Flow Management Regulations could severely harm the country’s economic competitiveness by restricting stablecoin use. Key Takeaways: National Treasury and SARB extended the draft regulations comment deadline to June 30, 2026, after a backlash. Luno CEO Lanigan warns the rules could block firms from using a
Glassnode’s latest Week On-chain report says Bitcoin has entered a deep discount phase, with over 95% of short-term holders underwater and realized losses approaching levels associated with severe capitulation. The report also notes that a durable Bitcoin recovery is likely to require either the dollar index breaking below 99 or the 10-year Treasury yield compressing
Bitcoin is approaching a deadline that could turn one of its longest-running arguments into the network’s most serious governance fight in years. At the center of the dispute is Bitcoin Improvement Proposal 110 (BIP-110), a proposed change that would restrict the amount of non-financial data that can be included in Bitcoin transactions. With the network
Public Bitcoin treasury holdings posted another strong month in May, with companies across sectors adding or disclosing 51,045 $BTC before sales, or 43,557 $BTC net, according to BitcoinTreasuries.net’s May 2026 Corporate Adoption Report. At the May 31 price of $73,579.69 per coin, those net additions were worth $3.2 billion — extending a months-long accumulation streak
Nakamoto Inc. (Nasdaq: NAKA), a Nashville-based Bitcoin operating company, announced today a set of capital structure initiatives that include a $45 million debt reduction, a loan refinancing with extended maturities, and a $25 million share repurchase authorization. Shares of NAKA briefly climbed 20% on the news, at the time of writing. The company retired $45
Michael Saylor spent nearly seven minutes at the $BTC Prague 2026 conference this week explaining the meaning of the term “multiple-to-Net Asset Value” or “mNAV.” However, the clip of Saylor’s rambling response went viral for the wrong reason. Almost nobody could follow the answer. The length and complexity of the definition was also humorous given
BlackRock’s iShares Bitcoin Trust, ticker IBIT, is a spot Bitcoin ETF that lets investors gain direct exposure to Bitcoin’s price through a standard brokerage account, without holding cryptocurrency themselves. Approved by the U.S. Securities and Exchange Commission in January 2024 as part of a simultaneous approval of ten spot Bitcoin ETFs, IBIT has since become
Bitcoin ($BTC) price could reach $256,000 within 12 months, according to Adam Livingston, an advisor to Saturn Credit, who argues the flagship coin is now historically cheap relative to gold (XAUT). In an X post on June 11, Livingston stated that the gold-to-Bitcoin ratio is now about 76% below its long-term power-law fair value. As