Michael Saylor, chairman of Strategy, emphasized the need for Bitcoin supporters to balance competing ideologies—Maximalists, Capitalists, Technologists, and Fundamentalists—to ensure Bitcoin's long-term strength. He argued Bitcoin must maintain its core principles while allowing adoption through corporate, banking, and government integration. This call comes as Bitcoin trades near two-year lows, down over 5% recently and more than 50% from its October 2025 peak. Saylor's comments follow scrutiny over Strategy's sale of 32 BTC, which sparked debate about Bitcoin's ties to traditional finance and the sustainability of demand amid market volatility.
Bitcoin has seen about $1.8 billion in liquidations recently, mostly from long positions, following a price drop from around $60,000. This deleveraging could clear the way for renewed momentum if spot demand returns, supported by easing macroeconomic...
Bitcoin recovered to around $60,000 on June 26, ending a steep two-day decline of nearly $4,500. Despite this rebound, the cryptocurrency remains down over 30% year-to-date, reflecting a prolonged but mild bear market that started in late 2025. Histo...
Bloomberg Intelligence strategist Mike McGlone forecasts that Tether (USDT), a dollar-pegged stablecoin, is likely to overtake Bitcoin as the largest cryptocurrency by market value. He highlights the growing dominance of stablecoins reshaping the cry...
Bitcoin dropped to a new cycle low around $58,075 following a failed recovery attempt that briefly pushed prices to $67,248. The cryptocurrency currently trades near $60,300 but remains down across daily, monthly, and yearly timeframes, reflecting on...
Bitcoin dropped below the key $60,000 support level, with 5.6 million BTC now held at a loss, the highest since 2019. This indicates growing stress among long-term holders who have owned Bitcoin for over 155 days. Despite this, about 37% of these hol...
