Bitcoin showed only a mild 0.5% gain after the US July CPI matched expectations at 3.4%, failing to break the $65,000 resistance. While lower rate hike odds for September eased some pressure, the muted market reaction questions the strength of the so-called Bitcoin bottom and short squeeze narratives. On-chain data shows Bitcoin trading near miner cost zones and increasing long-term holder losses, with ETF outflows rising and traders predicting a drop below $60,000. This growing capitulation risk suggests the market may need more time before a sustainable rally can occur.
Cryptocurrency prices are fluctuating with Bitcoin dropping 1.04% to $76,945 and Ethereum slightly down by 0.14% to $2,454.48. Several altcoins like ZEC and BCH experienced notable declines, while a few tokens such as MORPHO and RAY posted gains. Thi...
A collaborative research project involving over 100 participants and AI agents has reduced the quantum resources required for a key arithmetic step in attacking Bitcoin and Ethereum's elliptic-curve signatures by 86%. The study focused on reversible ...
Global bond yields have surged, with the US 10-year yield nearing 5% and the UK 10-year yield heading toward 6%, signaling economic stress. This rise in yields has weighed on Bitcoin, pushing its price down to $76,500. Bitcoin is currently bouncing w...
Bitcoin is trading close to $79,000 following August's Producer Price Index (PPI) data, which slightly exceeded expectations due to rising energy costs. Despite a small dip, Bitcoin rebounded toward $80,000 as investors balanced inflation concerns wi...
Data from crypto exchange Paybis shows Bitcoin remains the top choice for returning retail buyers, accounting for 42.67% of second transactions between 2023 and 2026. This share is nearly double that of Ethereum and stablecoins combined, which togeth...
