Bitcoin

Focuses on news, price analysis, technological evolution, and market trends within the Bitcoin ecosystem. It explores its role and influence in the global financial system.

Bitcoin Mining May Be Supporting the Ruble, Russia’s Top Banker Reveals

Russia's central bank governor Elvira Nabiullina acknowledged that cryptocurrency mining has become a minor but meaningful factor supporting the ruble. While difficult to quantify precisely, Bitcoin mining operations—which convert energy into digital assets sold abroad—function as a form of export, bringing foreign currency into Russia. This marks a shift from the central bank's historically cautious stance on crypto. The industry, which operated in a legal gray zone for years, was formally legalized in late 2024. Amid sanctions and capital controls, mining has gained recognition as an unconventional economic lever, though comprehensive regulations are still under development.

ccn.com12/22 08:52

Bitcoin Mining May Be Supporting the Ruble, Russia’s Top Banker Reveals

ccn.com12/22 08:52

Analyzing 10 Key BTC Top Indicators: Why Is the Current Bull Market Different from Previous Ones?

"Analysis of 10 Key Bitcoin Top Indicators: Why the Current Bull Run Differs from the Past" This analysis examines 10 classic on-chain and technical indicators to assess whether Bitcoin has reached its cycle top. Historically, market peaks were marked by multiple indicators flashing extreme overbought signals simultaneously. However, the current bull run (as of Q4 2025) shows notably divergent, more moderate readings. Key findings include: The Pi Cycle Top indicator has not yet triggered a crossover signal. The Puell Multiple remains in a moderate 1-2 range, indicating miner selling pressure is not extreme. The Bitcoin Rainbow Chart shows price is in the yellow-orange zone, not the red "sell" bubble territory. The MVRV Z-Score sits in a neutral 2-4 range, far from previous cycle peaks of 7-10. The Altcoin Season Index remains low (30-40), showing no major capital rotation from BTC to altcoins. Long-Term Holder (LTH) supply shows a slow distribution, but Short-Term Holder (STH) supply, while rising, did not peak concurrently with the price high on October 6th. Net Unrealized Profit/Loss (NUPL) has declined to 0.34 from a high of 0.64 in March 2024. The analysis concludes that the market's structure has fundamentally changed. The explosive, retail-driven peaks of 2017 and 2021 are being replaced by a more gradual, institutional-led market, largely attributed to Bitcoin ETF inflows providing stability. This suggests Bitcoin is transitioning from a cyclical asset to a mainstream reserve, making historical indicator thresholds less reliable and requiring adjusted analysis frameworks for future cycles.

深潮12/22 08:16

Analyzing 10 Key BTC Top Indicators: Why Is the Current Bull Market Different from Previous Ones?

深潮12/22 08:16

IOSG Founder: Bitcoin Undergoes Historic Handover, Bullish on the First Half of 2026

In a significant market shift, Bitcoin has undergone a historic transfer of ownership from retail to institutional players, marking a structural transformation in the crypto landscape. Despite BTC's -5.4% and ETH's -12% price decline in 2025, institutional inflows via ETFs reached $25 billion, with BlackRock, Fidelity, and Grayscale dominating holdings. Institutional ownership now stands at 24%, while retail participation dropped 66%. Three waves of long-term holder sell-offs, totaling 1.4 million BTC ($121.17B), were fully absorbed by institutional demand, preventing a crash. Key drivers include pro-crypto policies under the Trump administration, ETF integration, and corporate treasury adoption. The outlook for 2026 is bullish, especially in H1, due to expected policy tailwinds and continued institutional accumulation, with price targets ranging from $120K to $250K. Risks include macro volatility and mid-term election uncertainties, but the transition to an institutional-led market suggests a new cycle of structural growth, not a bull market top.

marsbit12/22 07:25

IOSG Founder: Bitcoin Undergoes Historic Handover, Bullish on the First Half of 2026

marsbit12/22 07:25

BTC Medium-Term Trend Weakens, Short-Term Volatility Fails to Mask Directional Risks | Guest Analysis

This analysis by Odaily's guest analyst Conaldo examines Bitcoin's (BTC) current market stance, highlighting a weakening medium-term trend and short-term consolidation with directional risks. The core view is that BTC is in a corrective phase after breaking its long-term bullish trend line (since late 2022) and is now constrained by both this and a descending trend line from the October 2025 high. Until a significant volume-backed breakout occurs above these key levels, any price rises should be considered rebounds within a bearish structure. Last week's prediction of a shift to a consolidation pattern was accurate, with price oscillating in the $87.5K–$89K zone. The analyst successfully executed four short-term trades based on a quant model, yielding a 2.14% return. Technical analysis using weekly and daily charts (incorporating momentum and sentiment quant models) indicates BTC remains in a bearish market on both timeframes, with weak buying momentum and neutral sentiment, suggesting continued consolidation and downside risk. For the upcoming week (Dec 22–28), the market is expected to see wide-range fluctuations. The key area to watch is $89.5K–$91K. A breakdown could lead to deeper correction, while holding could allow for a limited rebound. Specific short-term trading plans (A and B) are outlined for both scenarios, involving 30% short positions with precise entry, stop-loss, and take-profit levels. Key macro events this week include reduced holiday liquidity, potential Fed chair nomination news, US Q3 GDP and PCE data, and BoJ communications, all of which could impact market volatility. The analyst emphasizes strict risk management, including moving stop-losses to breakeven after a 1% profit. All views are for informational purposes only; DYOR.

marsbit12/22 07:06

BTC Medium-Term Trend Weakens, Short-Term Volatility Fails to Mask Directional Risks | Guest Analysis

marsbit12/22 07:06

Deciphering Messari's 100,000-Word Annual Report (Part 1): Why Did Market Sentiment Collapse Completely in 2025?

This article analyzes the 2025 crypto market sentiment collapse, as detailed in Messari's extensive annual report. Despite no major exchange failures, systemic collapses, or regulatory crises, the Crypto Fear & Greed Index hit a historic low of 10. The report argues this extreme pessimism stems not from industry failure, but from a structural shift in market participation and rewards. Key insights include: - Institutional investors thrived due to ETFs, regulated custody (DATs), and clearer frameworks, while retail traders suffered from vanishing alpha, ineffective narratives, and underperformance against Bitcoin. - The emotional crash reflects an identity mismatch: the market now rewards long-term holders and institutional capital, not short-term speculators. - The root cause is the failure of the traditional monetary system, where soaring global government debt forces savers to bear the cost via inflation, financial repression, or negative real rates. Crypto, especially Bitcoin, offers a predictable, non-sovereign alternative. - Bitcoin’s dominance rose to 57.3%, as it became recognized as "money" due to its stability, predictability, and institutional adoption (ETFs, corporate treasuries), not technical superiority. - Layer-1 blockchains (excluding Bitcoin) struggled, with valuations disconnected from declining revenues. They can no longer rely on "becoming money" narratives now that Bitcoin occupies that role, forcing a revaluation based on utility and cash flows, not speculation. In summary, 2025's sentiment crash signals a maturation of crypto into a financial system, ending the era of easy speculative returns and forcing a reassessment of how to participate.

深潮12/22 06:53

Deciphering Messari's 100,000-Word Annual Report (Part 1): Why Did Market Sentiment Collapse Completely in 2025?

深潮12/22 06:53

Galaxy Digital Warns Bitcoin 2026 Outlook Highly Unpredictable

Galaxy Digital's head of research, Alex Thorn, expresses significant uncertainty about Bitcoin's price trajectory for 2026, despite long-term optimism. Current market conditions show Bitcoin struggling to break key resistance levels. Options trading data reveals extreme investor uncertainty, with price targets ranging from $70,000 to $130,000 in six months and widening to $50,000-$250,000 by year-end. This reflects preparations for high volatility rather than a clear market direction. Factors driving this unpredictability include global economic instability, political shifts, and uneven crypto market performance. Despite short-term challenges, Galaxy notes Bitcoin is maturing as an institutional asset class, with decreasing long-term volatility due to sophisticated strategies like options overwriting. The firm maintains a long-term bullish outlook, projecting Bitcoin could reach $250,000 by 2027, driven by increasing institutional adoption and steady portfolio demand.

TheNewsCrypto12/22 06:44

Galaxy Digital Warns Bitcoin 2026 Outlook Highly Unpredictable

TheNewsCrypto12/22 06:44

Saylor Hints at Bitcoin Buy as BTC Tests $90K Resistance Zone

Michael Saylor, executive chairman of MicroStrategy, has sparked speculation about potential new Bitcoin purchases through a cryptic social media post. This comes as Bitcoin tests the key $90,000 resistance level, a zone with significant technical challenges and high liquidity concentration that is likely to cause volatility. Market analysts identify three major liquidity zones that will likely define Bitcoin's near-term price movement, with strong resistance at $90,000 and support between $84,000 and $86,000. These areas act as price magnets, attracting trading activity as large orders are filled. Despite recent price consolidation and ETF outflows, underlying institutional demand remains strong, evidenced by corporate treasury allocations and the performance of funds like BlackRock's Bitcoin ETF. This suggests sustained market strength despite current technical hurdles.

TheNewsCrypto12/22 05:09

Saylor Hints at Bitcoin Buy as BTC Tests $90K Resistance Zone

TheNewsCrypto12/22 05:09

Asia Markets Open Quiet as Bitcoin Holds Near $88K During Holidays

Bitcoin held steady near $88,000 in quiet Asian trading amid low year-end liquidity, with a 0.6% gain, while Ether rose 1.5% and XRP dipped slightly. The crypto market remained stable, with a total market cap of approximately $3.08 trillion. Derivatives markets showed neutral funding rates and little de-risking activity. Bitcoin ETF inflows moderated but cumulative holdings stayed near record levels, supporting price stability. In traditional markets, gold and silver hit all-time highs due to rate cut expectations and a weaker dollar. Mixed macro cues included a 0.5% rise in Asian equities and unchanged U.S. rate expectations. Traders are monitoring Bitcoin’s ability to hold above $88,000.

TheNewsCrypto12/22 04:16

Asia Markets Open Quiet as Bitcoin Holds Near $88K During Holidays

TheNewsCrypto12/22 04:16

BlackRock’s Bitcoin ETF Ranks 6th In 2025 Global ETF Flows — Report

Despite a challenging year for the cryptocurrency market in 2025, BlackRock’s spot Bitcoin ETF (IBIT) ranked sixth globally in net capital inflows, attracting approximately $25 billion. This achievement is notable as IBIT was the only fund among top traditional equity and bond ETFs to post negative returns. In contrast, SPDR’s gold ETF lagged behind in inflows despite a 64% return. Bloomberg analyst Eric Balchunas highlighted the significance of such strong inflows during a bearish period, suggesting even greater potential during favorable market conditions. Meanwhile, U.S. Bitcoin ETFs recorded a weekly net outflow of $497 million, reflecting broader market pressures. Bitcoin’s price fell to around $88,293, down 30% from its all-time high.

bitcoinist12/21 23:11

BlackRock’s Bitcoin ETF Ranks 6th In 2025 Global ETF Flows — Report

bitcoinist12/21 23:11

Bitcoin underperforms SPX, yet Saylor doubles down – Here’s why

Despite Bitcoin's significant underperformance compared to the S&P 500, with BTC down 22% QTD while SPX gained 2.18%, Michael Saylor and MicroStrategy remain strongly committed. The company added 31,000 BTC this quarter, emphasizing a focus on Bitcoin's long-term fundamentals rather than short-term price swings. Saylor positions BTC as a next-generation store of value, driven by growing tokenization and improving regulatory clarity. The market cap of wrapped Bitcoin has quintupled since 2023, strengthening its DeFi presence. This institutional confidence suggests Bitcoin's fundamentals are strengthening, potentially marking a new era where core value, not FUD, drives market behavior.

ambcrypto12/21 23:01

Bitcoin underperforms SPX, yet Saylor doubles down – Here’s why

ambcrypto12/21 23:01

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