Bitcoin $BTC$69,052.41 plunged early this month to nearly $60,000, wiping out large chunks of value across the crypto market and vaporizing some trading funds. Most observers pinned the slide on macro forces, including the capitulation of spot ETF holders (and potential rumors of funds blowing out their positions). Yet another, quieter force, one that typically
Bitcoin (BTC) has recovered after experiencing a major drop that brought it down to $60,000. While it has risen above $70,000 after this recovery, the risk of a further decline is still present. While some analysts predict Bitcoin could fall to $50,000, Coinshares released its cryptocurrency report stating that only $187 million in outflows occurred
The Open Network Foundation has launched $TON Pay, a new payments software development kit (SDK) designed to make cryptocurrencies usable for everyday consumer transactions within the Telegram ecosystem. In a Monday release shared with Cointelegraph, the product is positioned as a simple, wallet-agnostic payment layer that allows merchants and Mini App developers to accept crypto
Story Highlights China directs major banks to cut new U.S. Treasury purchases due to rising market volatility risks. Chinese U.S. Treasury holdings fall to 17-year low as diversification toward gold and other assets grows. Bitcoin and crypto seen as alternative assets once investors rotate from bonds toward gold-style stores. China has ordered major banks to
Crypto investment products logged a third straight week of outflows, though the pace of selling eased markedly as digital asset prices steadied after a sharp downturn. Crypto exchange-traded products (ETPs) recorded $187 million in outflows during the week, a sharp drop from the $3.43 billion seen over the previous two weeks, CoinShares reported on Monday.
Bloomberg Intelligence commodity strategist Mike McGlone has outlined a scenario in which Bitcoin (BTC) ultimately retraces toward the $10,000 level. McGlone’s outlook comes as Bitcoin attempts a moderate recovery from the February 5 crash that saw the asset test $61,000 before rebounding and now aiming to sustain gains above $70,000. In an X post on
Japan’s “Takaichi trade” is shifting global capital flows and tightening liquidity, adding short-term downside pressure to Bitcoin as U.S. stocks weaken. Summary Japan’s election win has boosted stocks and weakened the yen. Portfolio rebalancing is reducing liquidity in U.S. markets. Equity weakness is spilling into Bitcoin trading. Bitcoin is facing fresh near-term pressure as political
Popular market commentator Jim Cramer suggests the U.S. government bought Bitcoin near the $60,000 level. The claim surfaced during a live CNBC broadcast. Key Points Jim Cramer said on CNBC that he had heard the U.S. planned to add Bitcoin to a national reserve at around $60,000. No on-chain data shows any recent Bitcoin purchases
A new analysis shows that between 2.3 million and 3.7 million Bitcoins are lost forever. That is about 11% to 18% of the total 21 million supply, according to Ledger’s 2025 report. https://twitter.com/bitcoinjunkies/status/2020721946376212790?s=46 Most of these coins disappeared because owners forgot their private keys or passed away without sharing any access. Once a wallet becomes
Bitcoin is trying to rebound but falling moving averages and strong resistance still limit upside as volatility remains high. Bitcoin (BTC) is trading at $70,936.57, up about 2.6% in the past 24 hours, after an active session that saw the price swing between a daily low of $69,066.88 and a high of $71,852.35. This range