Tag Archives: Bitcoin

US Storm Smashes Bitcoin Mining Power, Sending Hash Rates Tumbling

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A fierce winter storm that swept much of the US over the weekend forced large parts of the Bitcoin mining fleet to cut power, leaving the network much weaker for a short time. Reports say power outages and extreme weather pushed some operators to pause or slow their rigs so local grids could breathe. The… Continue reading US Storm Smashes Bitcoin Mining Power, Sending Hash Rates Tumbling→

Gold Hits Record $5K While Bitcoin Struggles To Keep Pace

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Gold shone brightly today, racing to a new high while crypto took the back seat, and the gap between the two assets opened wide. On Monday, the precious metal moved past the $5,000 mark, registering a price point market sentinels had not witnessed before. Bitcoin, by contrast, failed to keep pace and traded well below… Continue reading Gold Hits Record $5K While Bitcoin Struggles To Keep Pace→

Expert Who Nailed The Bitcoin Top Now Says Buy At These Levels

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Chris Burniske, cofounder of Placeholder VC and former crypto lead at Ark Invest, is mapping out where he would consider stepping back into Bitcoin if the market keeps sliding, after earning fresh credit on X for calling major turning points this cycle. His framework lands in the mid-$80,000s down to the low-$50,000s, while a separate… Continue reading Expert Who Nailed The Bitcoin Top Now Says Buy At These Levels→

US Government Bitcoin, Crypto Theft Allegation Emerges Involving CEO’s Son

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A new controversy has surfaced around Bitcoin (BTC) and other crypto assets held by the US government, following allegations raised by blockchain investigator ZachXBT.  Controlling Millions In Stolen Government Crypto In a series of posts on social media platform X (previously Twitter), ZachXBT accused John “Lick” Daghita of stealing millions of dollars’ worth of seized… Continue reading US Government Bitcoin, Crypto Theft Allegation Emerges Involving CEO’s Son→

Bitcoin Volatility Squeeze Signals Directional Move Ahead – What To Expect

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Bitcoin is once again entering a critical phase as volatility contracts, and BTC price continues to coil within a tightening range. This volatility squeeze reflects a market in temporary balance, where neither buyers nor sellers have full control, but pressure continues to build under the surface. With macro catalysts and derivatives positioning near the key… Continue reading Bitcoin Volatility Squeeze Signals Directional Move Ahead – What To Expect→

Bitcoin Price Breakdown Risk Grows As Bears Aim For $85K

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Bitcoin price extended losses and traded below $88,500. BTC is consolidating losses and might attempt a recovery wave if it clears $88,500. Bitcoin started a minor recovery wave from the $86,000 level. The price is trading below $88,200 and the 100 hourly Simple moving average. There is a new bearish trend line forming with resistance… Continue reading Bitcoin Price Breakdown Risk Grows As Bears Aim For $85K→

Bitcoin Price Prediction: Analyst Forecasts 72.86% Crash To $30,000

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A new Bitcoin price prediction has been put forward following a long-term technical analysis shared on the social media platform X by crypto analyst Leshka.eth. The analysis compares Bitcoin’s current structure on the weekly timeframe to the 2021 market peak, showing how price behavior is repeating an identical pattern.  Based on how Bitcoin has interacted… Continue reading Bitcoin Price Prediction: Analyst Forecasts 72.86% Crash To $30,000→

Bitcoin Bears Record Fall In Market Strength — Is A Trend Reversal On?

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In the past three days, the price of Bitcoin has moved between $88,000 to $90,000, indicating a rather stable market with little volatility. This ongoing price consolidation comes after the leading cryptocurrency suffered a significant setback in its goal to reclaim its psychological six-figure valuation. During the week, Bitcoin prices fell from around $96,000 to… Continue reading Bitcoin Bears Record Fall In Market Strength — Is A Trend Reversal On?→

Money Keeps Leaving: Bitcoin ETFs Shed $1.72 Billion In Just 5 Sessions

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US-based spot Bitcoin exchange-traded funds pulled funds for a fifth straight trading day, and the totals added up quickly. According to Farside data, about $103.5 million left on Friday, bringing the five-day sum to roughly $1.72 billion. Bitcoin was trading near $89,160 at the time of these reports — still well below the $100,000 mark… Continue reading Money Keeps Leaving: Bitcoin ETFs Shed $1.72 Billion In Just 5 Sessions→

Bitcoin Whale Demand Hits Extreme Levels As Next Rally Loads Up

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The Bitcoin price action has been muted over the past few days, trading within the $90,000 and $88,000 levels. Classically, consolidation periods often precede major moves either to the upside or downside of the market. As such, questions on the next trajectory of the flagship cryptocurrency are being asked. A latest on-chain evaluation has offered… Continue reading Bitcoin Whale Demand Hits Extreme Levels As Next Rally Loads Up→