Bitcoin recently closed a weekly candle below its 200-week moving average for the first time since June 2022, trading around $58,000 to $62,000. This moving average has historically marked bear market lows and acted as strong support during downturns. The drop reflects broader macroeconomic pressures, including shifts in Federal Reserve rate expectations. Traders are closely watching whether Bitcoin can reclaim this level soon, as prolonged stays below it have previously led to deeper sell-offs and capitulation phases.
Bitmine Immersion Technologies purchased an additional 9,926 ETH, bringing its total Ethereum holdings to about 5.8 million ETH, or 4.8% of the total supply, nearing its 5% target. Chairman Tom Lee highlighted the rising ETH/BTC ratio as a sign of in...
Bitcoin price recovered above $63,600 after dipping to around $62,650, driven by conflicting reports about a US-Iran ceasefire extension. While some sources claimed the 60-day ceasefire was extended, neither government confirmed this, and the negotia...
Bitcoin showed volatility as reports surfaced about a US-Iran agreement to extend a 60-day ceasefire, which was set to expire. However, Iran's Foreign Ministry clarified there is no binding 60-day deadline in their memorandum with the US, dismissing ...
Bitcoin stabilized above $63,000, gaining 0.8% amid a rebound in U.S. equities, with Nasdaq futures hitting a high since early July. However, U.S. spot Bitcoin ETFs saw $390 million in net outflows last week, marking the largest withdrawal in six wee...
Trump Media & Technology Group (TMTG), parent of Truth Social, is stepping back from its cryptocurrency ventures after losing $360.6 million in digital assets in early 2026. The company faced a $238.1 million net loss in Q2 due mainly to crypto markd...
