Bitcoin’s CPI-fueled bounce ran out of gas below $65,000 as whales, long-term holders, and leveraged traders all piled into the same exit door. Support sits near $63.8K-$64K, but a daily close back above $65K is needed to revive momentum.
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Germany’s Bitcoin-linked wallet has fallen below 20% of its original seized balance, easing one of the market’s biggest supply overhangs. Traders see less sell pressure ahead, but Bitcoin still needs real demand to turn relief into lasting strength.
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U.S. spot Bitcoin ETFs pulled in $143 million in fresh inflows, signaling that demand is still showing up even as Mt. Gox repayments and other supply fears keep markets jittery. It’s a solid data point for bulls, but not proof of a lasting trend.
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Mt. Gox-linked wallets moved over 10,000 BTC again as creditor repayments continue, reviving fears of future sell pressure. The transfer doesn’t prove a dump, but it’s another reminder that the old exchange’s fallout still has the market on edge.
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Bitcoin exchange deposits reportedly spiked to 49,000 BTC on June 30, reviving fears of selling pressure as markets were already weak. The signal is worth watching, but on-chain inflows hint at risk — they don’t prove a dump is coming.
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Bitcoin bounced back toward $62,000 after a sharp selloff, but the recovery looks fragile as ETF outflows, Mt. Gox supply fears, and weak technical momentum keep bulls on the defensive. A real trend shift still needs stronger spot demand and a clean reclaim of higher resistance.
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A New York court is preparing to hear one of the strangest Bitcoin legal fights yet: a lawsuit claiming control over 39,069 dormant Bitcoin wallets allegedly holding about 3.7 million BTC, now worth roughly $226 billion. If that sounds like legal moon math, that’s because it pretty much is. Hearing set for July 14 before […]
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Bitcoin slipped to around $61,300 after another Mt. Gox Bitcoin transfer revived fears that long-delayed creditor repayments could still dump fresh supply onto the market. Bitcoin fell to about $61,300 before recovering above $64,000. Mt. Gox moved 116.3 BTC worth roughly $8.16 million to Bitstamp. A larger 10,422.65 BTC transfer earlier in the week deepened […]
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A long-dormant Bitcoin whale just burned more than $8.3 million in BTC, sending 107 Bitcoin to an unrecoverable burn address after nearly 11 years of inactivity. The move landed as Bitcoin price hovered near $76,000, while traders kept one eye on stubborn resistance and the other on the faint possibility of a golden cross. 107 […]
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Bitcoin Crash History: 5 Devastating Downturns and the Lessons They Teach Bitcoin, the trailblazer of decentralized finance, has carved a path marked by staggering highs and brutal lows. Its price history is a testament to raw volatility, with crashes that have shattered nerves but also forged resilience. Let’s unpack the five most catastrophic Bitcoin crashes […]
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