Galaxy Research suggests that Bitcoin may not yet have hit its bottom in the current cycle, and according to historical indicators, a base could form for $BTC between $40,000 and $46,000 in the base scenario. According to the company’s report, only 4 out of 13 of the bottom signals seen in Bitcoin’s past cycles have […]
Summary Bitcoin whipsawed from nearly $73,000 to below $60,000 before rebounding to about $63,500, briefly entering a valuation zone typically associated with bear-market bottoms without triggering a full capitulation sell-off. A small but symbolically important sale of 32 bitcoins by Michael Saylor’s Strategy, long identified with a “never sell” stance, rattled traders already uneasy about […]
Maelstrom, the family office of BitMEX co-founder Arthur Hayes, is pushing further into crypto privacy, with two of the four developers it funds through its Bitcoin Grant Program now working full-time on tools that make transactions harder to trace. The fund disclosed the split in its first annual report on the program, which has paid […]
Historical data surrounding how Bitcoin reacted before and after the Coinbase IPO suggests the S&P 500 could pull back after the SpaceX IPO. As investors look ahead to the SpaceX IPO, market analyst Ali Martinez has called attention to Bitcoin’s performance around the Coinbase public listing in 2021 as a hint to what could happen […]
Renowned venture capitalist and Bitcoin advocate Tim Draper recently shared his perspective on the industry’s icons: “I love Elon Musk.. Almost as much as I love Satoshi Nakamoto.” “Musk is Satoshi” Draper’s comparison arrives amidst a backdrop of long-standing, albeit unproven, internet folklore speculating that Elon Musk himself is the true identity behind Satoshi Nakamoto. […]
Geoff Kendrick, head of digital asset research at Standard Chartered, believes that following the recent sharp pullback in Bitcoin, the market may have largely passed its bottom. According to Kendrick’s assessment, Bitcoin’s decline to around $59,000 marks the weakest point in the cryptocurrency market in recent times. Recalling that the leading cryptocurrency has lost over […]
Official Trump (TRUMP), the meme coin linked to Donald Trump, surged more than 25% over the past 24 hours on June 12, just a couple of days ahead of the president’s birthday. Trading at $2.11 at press time, the cryptocurrency has significantly outperformed the broader market, which is up only 0.92% over the same time […]
Phong Le, President and CEO of Strategy, the largest institutional investor in the cryptocurrency world, put an end to speculation that the company might be forced to sell Bitcoin. Le stated that the company holds 845,000 Bitcoins, representing approximately 4% of the total supply, and argued that claims of “forced sales” in the market do […]
Bitcoin (BTC) price has likely not reached its cycle bottom, according to a June 12, 2026, report from Galaxy Digital Inc. (NASDAQ: GLXY). According to Galaxy, Bitcoin price is now falling in line with its previous bear market cycles. The firm’s data indicate the decline has further to run before it reaches a true bottom, […]
Summary Standard Chartered analyst Geoffrey Kendrick says bitcoin has likely set its cycle low at about $59,000, marking the end of the latest crypto downturn. Kendrick argues that heavy selling of spot bitcoin ETFs, partly to free cash for SpaceX’s blockbuster IPO, is likely to ease now that the listing has begun. He says a […]