The market has found a new support level and it could be tested following Thursday’s U.S. inflation data.
Sellers broke another support level on heavy volume, while the recovery failed to reclaim the zone that would ease downside pressure.
CryptoQuant says the cash cushion behind Strategy’s STRC has thinned from seven years of coverage to 14 months, and buying BTC at cycle tops has left the company with a $10.6 billion paper loss.
Senate Democrats call for hearings into whether a $500 million investment by UAE officials in World Liberty Financial influenced Trump’s policy decisions.
Bitcoin “OGs” have slashed their selling activity to the lowest levels in nearly two years.
Trading firm Wintermute’s options desk puts bitcoin in a $61,242 to $63,563 range for Tuesday, with correlation rising across tokens and no fresh ETF bid in sight.
A renewed rout in semiconductor stocks pulled risk assets lower again, and crypto kept sliding. Bitcoin is down 5% on the week, with ether and the memecoins falling harder.
The Fairshake super PAC supported Adrian Boafo in Maryland, plus other candidates in Maryland, New York and Utah as each ran its primary elections.
While revenue was up 92% from year-ago levels, the company forecasted a lower core gross margin next quarter.
The former bitcoin miner denied any wrongdoing related to its 2023 merger with U.S. Bitcoin Corp.
The bitcoin price’s long-term moving averages are set to flash a bearish signal soon. That’s good news for the bulls.
After nearly two years of declines, alts have run out of sellers and steadied, while bitcoin has dropped hard, sliding back toward $63,600.