After experiencing a nice recovery in early May, Bitcoin ($BTC) and Ethereum ($ETH) have been undergoing a major pullback in recent weeks. After rising above $82,000, the Bitcoin price fell below $70,000, and some market analysts are warning against further declines. While market anxiety persists, Bitmine (BMNR) Chairman Tom Lee says that despite short-term weakness, […]
Digital assets are experiencing deep sell-offs, with the overall crypto market cap crashing 4.5% and losing $110 billion over the 24 hours leading up to press time on June 2, 2026. Specifically, the cryptocurrency market cap has dropped from $2.5 trillion on Monday, June 1, to $2.39 trillion on Tuesday, June 2, as evidenced by […]
A limited-scale Bitcoin sale by Strategy, a company closely followed in the cryptocurrency markets, has sparked considerable debate among investors. Markus Thielen, CEO of research firm 10x Research, assessed that the transaction served as a test to gauge the flexibility of the company’s capital allocation strategy and potential market reactions. According to Thielen, Strategy management […]
XRP price prediction 2026 has once again turned bearish, with artificial intelligence (AI) models predicting the cryptocurrency is going to trade below $1.2 by the end of the month. Notably, Finbold’s AI prediction agent projects an average XRP price target of $1.18 on June 30, 2026, which would be a 5.97% decline from the current […]
A cryptocurrency address linked to Mt. Gox, once one of the world’s largest Bitcoin exchanges, has made a noteworthy transaction after approximately six months of silence. According to information shared by on-chain data analyst ai_9684xtpa, a wallet address reportedly linked to Mt. Gox transferred a total of 10,423 $BTC to a new address. The current […]
The cryptocurrency market started the week with strong selling pressure, with Bitcoin ($BTC) falling towards the $70,000 level. Analysts point to increased US-Iran tensions and $BTC sales by institutional Bitcoin investor Strategy as contributing factors to the decline. According to market data, Bitcoin fell 4.2% in the last 24 hours, dropping to $70,111. Ethereum (ETH), […]
Bitcoin [BTC] was changing hands around $72,648.22 at press time, after a drop of 1.46% in the past 24 hours and a drop of over 16% in the year so far. Meanwhile, the S&P 500’s stock price was trading at about $7,580.06, following a slight increase and a year-to-date increase of more than 10%. This […]
Weiss Crypto says Bitcoin may be approaching one of its strongest buying opportunities in years, with senior analyst Juan M. Villaverde arguing that a coming pullback could mark the final confirmation that the market’s bearish phase has ended. In a post on X, Weiss Crypto said its latest cycle analysis shows “exactly how low $BTC […]
Large Bitcoin [$BTC] holders signaled renewed conviction after two newly created wallets withdrew 984 $BTC, valued at approximately $72 million, from BitGo. The transaction immediately reduced the available supply and moved a sizable amount of Bitcoin off the custodial platform. Such movements have historically reflected accumulation behavior because coins moved into fresh wallets often remain […]
The fact that Bitcoin’s price fell below the $71,000 level today, coinciding with Strategy’s symbolic Bitcoin sale after nearly four years, has sparked debate in the market. However, analysts have offered differing opinions on the reasons for the decline. Bitcoin advocate Pierre Rochard argued that directly attributing the price drop to Strategy’s small-scale selling was […]