The Bitcoin market continues to take a hit, and investors both big and small are heavily feeling the ongoing market pressure, which has caused its price to drop to $61,000. The amount of $BTC in profit territory is steadily dropping following the recent decline in price, putting the market in a more bearish condition. Supply […]
There is increasing consensus that Bitcoin’s performance pattern, linked to halving events, may be fully intact. Analyst Benjamin Cowen is the latest to reinforce the four-year $BTC cycle, noting that, The four-year cycle for Bitcoin is not broken. In fact, $BTC’s average drawdown in midterm years is nearly identical to what it is now. According […]
Bitcoin attracted notable accumulation activity as large holders removed substantial amounts of $BTC from exchanges. As reported by Lookonchain, a whale withdrew 2,341 $BTC worth approximately $144.68 million from OKX over five days. In addition, three newly created wallets accumulated another 737.7 $BTC valued at roughly $45.6 million from BitGo. Combined, the purchases exceeded $190 […]
Bitcoin advocate and Strategy founder Michael Saylor argued in a panel discussion that confidence in Ethereum has significantly decreased. Saylor, while evaluating the overall picture in the crypto market, drew attention to the long-standing competition among assets such as Ethereum, Solana, and BNB. He noted that these projects have suffered a loss of “monetary premium” […]
Audiera (BEAT) price surged by more than 57% over the past 24 hours, outpacing the wider cryptocurrency market, which recorded a 2% gain on June 11. The BEAT price added $3.40 on Thursday, trading at around $9.34 at the time of publication. As such, the altcoin’s market capitalization increased by $1 billion over the past […]
The cryptocurrency markets are going through a critical bottoming-out phase, with Bitcoin (BTC) trying to determine its price direction. Sean Farrell, Head of Digital Asset Strategy at research firm Fundstrat, assessed the current market situation in a broadcast he participated in, and made important predictions about Bitcoin and the cryptocurrency ecosystem in general. Farrell warned […]
Agentic payments, autonomous transactions made by AI agents, have surged to a three-month high this week. These payments, largely processed by x402, a Coinbase-incubated payment standard now governed under the Linux Foundation, recorded 672,800 transactions on the Base network on June 10, according to data from Artemis, analyzed by Finbold on June 11. Agentic transactions […]
Nakamoto, a Bitcoin-focused public holding company led by David Bailey, has strengthened its capital structure through debt reduction, refinancing, and a new share buyback authorization. Advertisement According to a Thursday announcement, the company cut $45 million in debt by selling Bitcoin and derivatives, refinanced about 105 million USDT of principal to 2027, and reduced borrowing […]
Bitcoin has confirmed a major rounding top breakdown after losing the $65,000 support zone, with technical indicators and derivatives positioning pointing to a possible decline toward the mid-$40,000 range. According to data from crypto.news, Bitcoin ($BTC) price traded near $62,900 on June 11 after recovering from a sharp selloff that briefly pushed the asset below […]