Axim247

Category: Bitcoin News

Auto Added by WPeMatico

BitcoinBitcoin Newsbitcoin priceBitcoinTreasuriesCrypto

Bitcoin Reserves Resuscitation, Iran War Falls Into The Background, But What’s Going On With BTC?

admin 111 Views
Bitcoin has fallen to new lows in this bear cycle, dropping below the psychological $60,000 level. This comes amid the U.S.-Iran war, which has remained muted for a while. At the same time, U.S. Treasury Scott Bessent provided an update on the Strategic BTC Reserve.  Price Falls Amid Developments With Bitcoin Reserves BTC has fallen […]
BitcoinBitcoin Newsbitcoin priceBTC newsCrypto

Analyst Who Called Cycle Top Says Bitcoin Bottom Could Be At $28,500 — Here’s When

admin 96 Views
The Bitcoin price briefly fell below the $60,000 level for the first time since 2024, succumbing to intense bearish pressure that ravaged global financial markets on Friday, June 5th. While the imminent initial public offering of SpaceX in the United States has been identified as one of the catalysts behind the downturn, the US equities […]
BitcoinBitcoin Newsbitcoin priceBitcoin Unrealized LossesCrypto

More Bitcoin Investors Slip Into Unrealized Losses Following Recent Selloff – Here Are The Numbers

admin 116 Views
Bitcoin’s recent pullback has significantly flipped the sentiment across the market, with many predicting a more sustained downward performance toward the $60,000 price mark. Following this sharp decline, more investors are now underwater as BTC’s holders’ profitability strongly declines. Bitcoin’s Sharp Decline Leaves More Holders Underwater Given its persistent downward trend over the past weeks, […]
BitcoinBitcoin Newsbitcoin pricebitcoin price crashBreaking News TickerCrypto

Bitcoin Drops To $59,000 For First Time Since 2024: Crypto’s Total Value Sheds $2 Trillion Since October

admin 115 Views
Bitcoin (BTC) accelerated its decline on Friday, falling to roughly $59,685—the lowest level seen since October 2024, when US voters were preparing for the November presidential elections of that year.  The sell-off has now spilled beyond BTC itself, dragging the wider crypto market lower and wiping out more than $2 trillion of value since the […]
BitcoinBitcoin NewsbtcBTC newsCrypto

Peter Todd Warns Zcash Tech Is Too Risky For Bitcoin Privacy Push

admin 113 Views
Bitcoin developer Peter Todd has pushed back against calls to bring Zcash-style privacy into Bitcoin’s consensus layer, arguing that the cryptographic risk profile is too high for the network’s base protocol. The debate erupted after ZODL developers disclosed an issue affecting the Orchard shielded pool, briefly turning a technical incident into a broader argument over […]
BitcoinBitcoin FTX CrashBitcoin HODLersBitcoin Long-Term HoldersBitcoin NewsCrypto

Bitcoin HODLer Pain Surpasses FTX Crash Levels As BTC Drawdown Deepens

admin 104 Views
On-chain data shows the Bitcoin long-term holders are now holding more underwater supply than even the lowest point of the 2022 bear market. Bitcoin Long-Term Holders In Deepest Pain Since COVID Crash As highlighted by Glassnode lead research analyst CryptoVizArt in an X post, the Bitcoin long-term holders have seen a spike in loss supply […]
Ali MartinezArdiBenjamin CowenBitcoinBitcoin NewsCrypto

If You’re Waiting For The Bitcoin Bottom, This Pundit Says You Should Be Looking At This Quarter

admin 110 Views
Bitcoin is steadily pushing towards $60,000 and is trading close to its February 6 wick bottom. The crypto market sentiment is now back in extreme fear, and there have been multiple questions on when Bitcoin will eventually register a correction bottom.  Crypto pundit Ardi believes the answer may be found less in the current candle […]
BitcoinBitcoin Newsbitcoin pricebtcCrypto

The Bitcoin Roadmap To $500,000: Analyst Shows How Price Will Get There

admin 114 Views
An analyst has mapped out a detailed chart analysis showing how Bitcoin (BTC), the world’s largest cryptocurrency could eventually rally to a $500,000 all-time high. The analyst has expressed strong confidence in this ambitious price target, emphasizing that the forecast is not driven by speculation or unfounded hope, but by real technical structures and price […]