Category: Cryptocurrency news

Bitcoin Trades 50% Below Its $126K Peak as 4 Bullish Catalysts Clash With 4 Bearish Forces

Where Bitcoin Stands The drawdown places bitcoin in one of its more extended corrective phases of the current cycle. Institutional infrastructure has grown considerably compared to prior cycles, but the price reflects persistent macro, geopolitical, and flow pressures that have offset structural buying. Here is a breakdown of the four bullish catalysts and the four […]

Billionaire Mike Novogratz Reveals the Real Reason Behind the Drop in Bitcoin’s Price

Galaxy Digital CEO Mike Novogratz said that one of the main reasons for the recent decline in Bitcoin is the loss of confidence stemming from Strategy. According to Novogratz, the problem is not limited to the weakness in Bitcoin’s price; the real pressure comes from concerns spreading in the market regarding Strategy’s funding model. Strategy, […]

Will Bitcoin price recover in July?

Bitcoin ($BTC) is heading for its worst monthly loss since mid-2022, with $BTC down roughly 18.5% in June as price struggles to hold the psychological $60,000 support level. $BTC/USD monthly chart. Source: TradingView Will Bitcoin’s downside momentum extend in July, or is $BTC preparing for a recovery? Key takeaways: Bitcoin’s liquidity map shows a major […]

BIP-110 Pushes Bitcoin Toward August Fork Deadline With Only 5 EH/s Signaling

What BIP-110 Actually Does BIP-110, authored by Dathon Ohm and formally titled the Reduced Data Temporary Soft fork, proposes a one-year consensus-level restriction on arbitrary data embedding in bitcoin transactions. The rules would target the most common methods used for Ordinals inscriptions, large OP_RETURN payloads, BRC-20 tokens, and certain Taproot constructions repurposed for data storage. […]