Bitcoin dropped below $64,000 following the Federal Reserve's updated dot plot indicating zero or one interest rate cut for 2026, ending weeks of cautious optimism in crypto markets. CryptoQuant reported the largest weekly decline in Bitcoin demand since 2022, suggesting a deeper structural sell-off rather than a typical dip. Meanwhile, gold prices rose as investors sought traditional safe havens amid monetary uncertainty. The critical Bitcoin valuation floor is around $53,600, and if demand continues to fall, this level could be tested. The absence of panic selling offers some relief, but higher interest rates increase the opportunity cost of holding Bitcoin compared to safer assets like Treasuries, especially for institutional investors.
London BTC Company has added the Teep Gold-Silver Project in Nevada to its US gold hedge strategy after rock-chip sampling showed high-grade gold and silver, including samples with up to 36.90 g/t gold and 1,332.5 g/t silver. The project covers 2,190...
Bitcoin's largest holders, known as whales, have significantly increased their holdings to 7.17 million BTC, the highest since mid-March. This accumulation follows a recent price correction where Bitcoin dropped to around $60,000, a level whales now ...
Popular analyst Ali Martinez highlighted that Elon Musk, the world's first trillionaire, owns Bitcoin and Dogecoin. Musk's companies SpaceX and Tesla hold significant Bitcoin reserves, with SpaceX holding 18,712 BTC worth about $1.19 billion and Tesl...
Plasma (XPL) fell 3.53% to around 164 Korean won after a recent surge, but maintained high trading volume of about 39.97 billion won ($29 million), indicating sustained market interest. Despite the price pullback, traders see this as a reset rather t...
Bitcoin briefly fell below its 200-week moving average twice recently, a rare event that Kraken's Chief Economist says has historically been a strong buying signal. Buyers at this level have seen median returns of over 113% after one year and 313% af...
