Bitcoin held steady around $64,000 as spot Bitcoin ETFs saw net inflows of $79.2 million, even while other major cryptocurrencies like Ethereum, XRP, and Dogecoin dropped about 1% amid macroeconomic risk-off sentiment. Market data showed significant trader liquidations totaling $438.29 million in the past 24 hours, highlighting ongoing volatility. Analysts noted large transfers of dormant Bitcoin on-chain, which historically precede major price moves, and emphasized key resistance levels around $63,600–$63,800 that Bitcoin must reclaim to maintain bullish momentum. The market remains cautious with Bitcoin testing critical Fibonacci retracement levels, suggesting the possibility of further downside before a confirmed bottom.
Jack Dorsey, co-founder of Twitter and CEO of Block, forecasts Bitcoin's price to reach $1 million by 2030, highlighting the growing adoption by individuals, enterprises, and governments. He credits the Bitcoin community's financial activity as the k...
Bitcoin's fixed supply cap of 21 million coins is under renewed debate after Peter Todd proposed a permanent, small issuance of new coins to pay miners beyond 2140 when block rewards end. Todd argues this 'tail emission' stabilizes supply by offsetti...
Binance founder Changpeng Zhao (CZ) highlighted Bitcoin's limited supply, noting over 20.07 million BTC mined and an estimated 10-20% possibly lost forever. This scarcity could make owning a full Bitcoin difficult even for millionaires, given there a...
Technical analyst Katie Stockton of Fairlead Strategies indicates that Bitcoin may have reached a major low after nearing $60,000, based on rare long-term oversold signals from key indicators. This suggests the recent price decline might be ending, w...
Binance founder Changpeng Zhao highlighted that Bitcoin's available supply may be even lower than commonly believed. While over 20.07 million Bitcoin have been mined out of the 21 million total, CZ estimates that 10% to 20% of these coins are lost or...
