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, […]
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 […]
The bitcoin bottom is in, said Samson Mow in an X post on Sunday, arguing that the traditional four-year halving cycle has accelerated. “I find it incredibly interesting how some people are so certain that the bottom is coming in four months because of ‘cycles,’” said Mow, who is best known his $1 million prediction […]
A cryptocurrency trader has turned an initial investment of just $2,330 into more than $614,500 through an early bet on the Solana (SOL)-based memecoin SoylanaManletCaptainZ (ANSEM). Particulars of the transaction indicate that the trader purchased 14.2 million ANSEM tokens for approximately $2,330, according to the latest on-chain data retrieved by Finbold from Lookonchain on June […]
Bitcoin ($BTC) is showing fresh signs of short-term holder capitulation after roughly 50,000 $BTC moved to exchanges at a loss over the past day. At the same time, the market capitalization of short-term holders fell to $237.7 billion, its lowest level since October 2024. The rise in loss-driven selling comes as tighter monetary conditions and […]
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. […]
XRP is showing two bullish reversal signals, raising the possibility of a near-term recovery after a prolonged decline. In this regard, the cryptocurrency has printed a Tom DeMark Sequential buy signal while simultaneously forming a Morning Star Doji pattern, two technical indicators that traders often monitor for signs of a potential price bottom, according to […]
Galaxy Digital founder and CEO Mike Novogratz has identified the main cause behind the sudden collapse in digital asset prices. During his latest appearance on an episode of the All Things Markets podcast with co-host Anthony Scaramucci, Novogratz attributed the slump to an unfortunate combination of corporate vulnerability, changing macroeconomic policies, and a broader “crisis […]
Binance founder Changpeng Zhao said that the sharp decline in the cryptocurrency market in the first half of 2026 cannot be attributed to a single cause. According to CZ, geopolitical tensions, investors shifting towards the artificial intelligence sector, and the typical four-year cycle of the crypto market all contributed to the decline in Bitcoin and […]
Cryptocurrency analysts have noted that the 200-week simple moving average stands out as a significant bottoming indicator for Bitcoin in long-term market cycles. Analyst Ali Martinez, evaluating Bitcoin’s price trend over the past 10 years, stated that periods when the price historically touched or fell below this average generally presented long-term accumulation opportunities. According to […]