Category: Cryptocurrency news

David Bailey’s Nakamoto eliminates $45M debt, authorizes $25M share repurchase as it regains Nasdaq compliance

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 price confirms rounding top breakdown, risks drop below $50K

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 […]

CryptoQuant Puts the Final Point on Bitcoin’s Bottom: “A Bottom Could Be Seen at This Level, But It’s Not Enough for a Bull Run!”

After experiencing a sharp drop below $60,000 last week, Bitcoin ($BTC) continues its sideways movement between $60,000 and $62,000. Following the sharp decline, market analysts are divided. While claims of a bottom for $BTC continue to increase, some analysts argue that the bottom could come around $50,000. Bitcoin Could Hit Bottom at $53,000! One of […]

Bitcoin: What $16.4B in whale losses means for BTC’s shifting balance

Bitcoin’s recent decline has pushed short-term holder whales into the deepest stress phase of this cycle. Their unrealized losses have expanded to roughly $16.4 billion, reflecting the impact of Bitcoin’s [$BTC] slide from above $100,000 toward $60,000. As prices moved lower, more recent whale positions fell underwater, driving Unrealized Profit and Loss sharply into negative […]

Bitcoin Enters Distribution Phase as Investors Increasingly Sell Into Strength: Bitfinex Alpha

The bullish impulse of the Bitcoin market has exhausted itself, and bitcoin has now entered a distribution phase. This can be seen in investors increasingly selling into strength rather than increasing their exposure. According to this week’s Bitfinex Alpha report, both flow data and on-chain dynamics indicate that $BTC has transitioned out of the accumulation […]