Bitcoin ($BTC) struggled to reclaim $60,000 on Friday amid continued global market volatility. Key points: Bitcoin closes below $60,000 on daily time frames for the first time since September 2024. Asian stock markets see another day of major losses on tech-stock concerns. $BTC price analysis hopes for a reclaim of the 200-week trend line as […]
Cryptocurrency prediction markets are signaling strong confidence that XRP will remain above $1 by July 1, 2026, despite the asset’s recent volatility. According to data retrieved from Polymarket on June 27, traders are assigning a 78% probability that XRP will trade above the $1 level on July 1, 2026. The forecast reflects expectations that the […]
Is it still too early to call the current risk-off phase anything apart from a full-blown bear market? Looking at the hard data, it increasingly makes sense to compare this cycle with 2022, which remains the worst Bitcoin bear market on record, with $BTC closing the year down over 65%. That said, Q3 could be […]
Bitcoin ($BTC) dropped below $60,000, a key psychological support, on Thursday as losses in megacap technology stocks weighed on investors’ broader risk appetite, adding pressure to an already fragile crypto market. $BTC/USD vs. Nasdaq and S&P 500 daily performance chart. Source: TradingView The decline has triggered a classic bearish reversal setup that may push the […]
The spot Bitcoin (BTC) exchange-traded funds (ETFs) from the United States have recorded a net cash outflow of more than $4 billion so far during the second quarter of 2026. The U.S. Bitcoin ETFs have seen a total cash outflow of approximately $4.07 billion in Q2 so far, according to data from SoSoValue, analyzed by […]
BlackRock Inc. (NYSE: BLK) saw its iShares Bitcoin Trust (IBIT) dump more than $265 million in Bitcoin (BTC) on Thursday. BlackRock’s IBIT recorded a net cash outflow of $265.68 million on June 25, according to data from SoSoValue, analyzed by Finbold on June 26. As such, the fund held a total net asset of approximately […]
Binance Holdings Ltd. is set to halt key crypto trading and exchange services for users across the European Union starting July 1, 2026, as the bloc’s MiCA (Markets in Crypto-Assets) regulation takes full effect. A few days ahead of the deadline, the company withdrew its MiCA crypto license in Greece. The decision came after the […]
XRP is getting dangerously close to crashing below $1 on Friday, June 26, amid a huge sell-off triggered by broader crypto weakness and heavy derivatives liquidations. The digital asset has fallen nearly 9% this week, trading at $1.01 at one point earlier today, and the latest CoinGlass data shows that over 97% of XRP long […]
Just when the leading cryptocurrency Bitcoin seemed to be recovering, it experienced new declines. Yesterday evening, another drop occurred, pushing the price down to around $58,000. With this price decline, Bitcoin’s market capitalization/realized value ratio (MVRV) also fell to 1.1. Analyzing this situation, Crypto Dan from CryptoQuant noted that Bitcoin’s MVRV ratio, obtained by dividing […]