Bitcoin is under pressure as Binance recorded nearly 10 consecutive days of rising BTC inflows, increasing its reserves by 16,000 coins in a month. Meanwhile, U.S.-listed spot Bitcoin ETFs experienced $1.26 billion in outflows over six sessions, signaling weaker demand. Analysts view Binance inflows as potential sell signals amid a market correction influenced by geopolitical tensions and risk aversion. Bitcoin trades near $77,200 with key support at $75,000 and resistance at $78,800, while technical indicators suggest cautious momentum and mixed signals for a potential bottom.
Strategy paused Bitcoin purchases to focus on managing its debt and treasury, including a $1.5 billion buyback of convertible bonds. Despite the pause, it holds 843,738 BTC worth about $64.45 billion. The move aims to strengthen liquidity and capital...
Bitcoin ended last week slightly down despite volatile swings caused by Nvidia earnings, Federal Reserve leadership changes, and US-Iran tensions. Optimism rose after Donald Trump hinted at a quick resolution to the Iran conflict, easing fears of pro...
Adam Back, CEO of Blockstream, asserts that Bitcoin is the only cryptocurrency with lasting value due to its credible scarcity and decentralization. He believes altcoins and memecoins lack sustainable economic models, real demand, and competitive adv...
Bitcoin traded slightly higher near $77,200, maintaining above its 50-day average, supported by a sharp 5% drop in oil prices due to potential reopening of the Strait of Hormuz. This oil price decline lifted Asian equities, with major indexes in Indi...
Bitcoin whale traders have shifted aggressively toward short positions, reflecting growing defensive sentiment amid weakening broader crypto momentum. Large speculative wallets reduced altcoin exposure and increased leveraged Bitcoin shorts, with one...
