On Friday, August 14, Bitcoin [$BTC] briefly fell below the $63k mark, falling as low as $62,535. Incidentally, earlier in August, the same $62.5k area set up a Bitcoin price rebound up to $65.5k. The $BTC average production cost, or mining cost, stood at $76.5k. Despite a 17% drawdown from this price level, miners remained […]
BTC Stumbles Near $63,000 Bitcoin dipped below $63,000 for the second consecutive day on Friday, with the decline deepening in early trading. The cryptocurrency initially appeared to consolidate around $63,400 hours after falling to $62,912 on Thursday. However, a sell-off shortly after midnight dragged the price to $62,670 before it recovered to trade just below […]
Bitcoin has lost half its value since October, sliding from record highs to trade well below the $100,000 mark investors once treated as a floor. For Strategy founder Michael Saylor, the crypto industry’s loudest permabull, this is just Tuesday. “We’ve lived through more brutal drawdowns,” Saylor said, pointing to a 75% collapse in 2021-2022 that […]
Morgan Stanley’s Bitcoin Trust and Grayscale’s Bitcoin Mini Trust ETF were the only US spot Bitcoin funds to attract capital on Aug. 13, offsetting part of a broad withdrawal that pushed the group to $131.1 million in net outflows for the session. Morgan Stanley Bitcoin Trust added $7.1 million, while Grayscale’s smaller Bitcoin fund took […]
As the AI (artificial intelligence) stocks continue to suck air out of crypto as BlackRock Inc. (NYSE: BLK) stated, this firm’s investors sold Bitcoin (BTC) and Ethereum (ETH) worth more than $16 million on August 14. Earlier on Friday, BlackRock deposited $16.216 million worth of these crypto assets from the wallets associated with its exchange-traded […]
Recent data from the Bitcoin options market indicates that investor concerns about short-term price movements have eased, but the market is not yet fully optimistic. According to Glassnode’s analysis, the $60,000-$70,000 range has become a critical trading zone for Bitcoin’s next directional move. Glassnode noted that activity in Bitcoin’s native options market has remained relatively […]
A crypto player connected to 1win’s Global Crypto Ambassador network has received a $1.749 million USDC payout following a seven-figure wager on Paris Saint-Germain, according to information shared with Finbold in August 2026. The payout was received in USDC via the Ethereum network, with both the original deposit and subsequent withdrawal publicly traceable on-chain, providing […]
US-based investment firm VanEck stated that Bitcoin may be approaching the final stages of its current downtrend. In a recent analysis, VanEck noted that Bitcoin’s decline from a peak of approximately $125,000 to levels as low as $60,000 is consistent with the traditional cyclical bear phase seen in the post-halving period. In this context, VanEck […]
As XRP whales defended the support level around $1 as of August 14, an investor who risked $1,000 at the start of 2026 is counting a double-digit percentage loss. A crypto trader who purchased $1,000 worth of XRP on January 1 has seen the portfolio plummet by 45.50% so far in 2026. At the beginning […]
Bitcoin has fallen from a record high of roughly $126,080 in October to trade recently in the low-$60,000s — a decline of nearly 50% that has rattled sentiment. But it may just be business as usual. According to a Thursday report from asset manager VanEck, Bitcoin’s current slump tracks the asset’s historical four-year halving cycle, […]