Bitcoin Surges Above 2026 Low
Bitcoin drops 24% this month, prompting Peter Schiff to warn of a “Crypto Black Monday.” Bulls eye $165K targets, while BTC trades at $61,822. #Update #Crypto $BTC
Bitcoin drops 24% this month, prompting Peter Schiff to warn of a “Crypto Black Monday.” Bulls eye $165K targets, while BTC trades at $61,822. #Update #Crypto $BTC
Arthur Hayes liquidates his HYPE holdings, warning Hyperliquid’s fee-burning model risks market share loss amid Wall Street competition. HYPE falls 14% in a week. #Update #Crypto
@MicroStrategy’s Michael Saylor signals a resumption of Bitcoin purchases after a three-week pause, hinting at an announcement on Monday. The firm sold 32 BTC recently but remains the largest corporate holder with 843,706 BTC. #Update #Crypto $BTC
US nonfarm payrolls estimated at 85K signal cooling job growth, while unemployment remains at 4.3%. This slowdown may heighten expectations for a Fed rate cut and impact $BTC. #Update #Crypto $BTC
Michael Saylor’s post refocuses attention on @MicroStrategy’s bitcoin strategy after a rare sale. The company holds 843,706 BTC, valued near $52.2 billion. #Update #Crypto $BTC
Bitcoin ($BTC) faces potential further losses as realized losses of $174B remain below the 2022 record of $211B, indicating a possible need for additional capitulation before a market bottom is reached. #Update #Crypto $BTC
Bitcoin ($BTC) risks further losses as realized losses of $174B in 2023 remain $35B below the 2022 record, suggesting potential capitulation may be needed for a market bottom. #Update #Crypto $BTC
James Wo, CEO of DFG, predicts Bitcoin’s market bottom at $60K-$62K before reaching new highs, while expressing skepticism about Ethereum hitting $250K. He remains optimistic about Bitcoin outperforming major stock markets. #Update #Crypto $BTC
Bitcoin’s RSI-14 at 24 signals oversold conditions as 13 of 15 moving averages indicate a bearish trend; BTC must close above $63,000 to challenge the downtrend. #Update #Crypto $BTC
Bitcoin drops 26.8% since May 15, entering an extreme undervaluation zone per Power Law model; trading at $61,592 with market fear high. #Update #Crypto $BTC
A New York court has scheduled a July 14 hearing for a lawsuit seeking control of 39,069 dormant Bitcoin wallets, potentially linked to Satoshi Nakamoto, valued at $226 billion. #Update #Legal $BTC
Bitcoin falls below its 200-week moving average to $62,495 amid crypto market turmoil, while $ETH and altcoins also decline significantly. #Update #Crypto $BTC
Hut 8 raises $4.25B through 6.129% notes to fund a 352MW AI data center in Texas, marking a shift from bitcoin mining to AI infrastructure. #Update #Tech
7RCC Global launches BTCK ETF on NYSE Arca, combining 80% bitcoin and 20% carbon credit futures. Gemini custodies BTC, targeting ESG-focused investors. #Update #Crypto $BTC