Bitcoin

The Epstein files revive an old Bitcoin question: Who really created BTC?

The release of the Epstein files, including 3.5 million pages of records, revealed his 2016 attempt to broker a deal involving a proposed Middle Eastern fiat currency called "the Sharia," which included a blockchain-based digital version. Epstein claimed to be in contact with the "founders of Bitcoin," using the plural term and reigniting speculation about Bitcoin's creation. The files also show Epstein donated $525,000 to MIT’s Digital Currency Initiative, which funded Bitcoin Core developers. Despite his efforts to position himself as influential in crypto circles, the open-source and decentralized nature of Bitcoin prevents any single entity from controlling it. The episode underscores how emerging technologies attract power-seeking figures but remain resistant to centralized manipulation.

ambcrypto02/02 17:02

Bitcoin sentiment plunges to multi-month lows as price rebounds from $74.5K

Bitcoin sentiment has plunged to multi-month bearish lows, echoing conditions seen during November's sell-off, despite a recent price rebound from around $74,500. The cryptocurrency fell roughly 16% since late January, triggering a surge in negative social commentary and retail trader pessimism. Although BTC has recovered to approximately $78,700, it remains below the key $80,000 support level. Technical indicators show oversold conditions, with the 14-day RSI near 29, suggesting potential for short-term relief rallies. However, the price structure continues to form lower highs and lows, indicating the broader corrective trend remains intact. Sustained recovery would require reclaiming the $80,000–$85,000 zone, while failure to hold $74,500 may lead to further declines.

ambcrypto02/02 16:38

Crypto’s Slide May Not Be Fear — It’s A US Liquidity Crunch, CEO Says

A sharp sell-off in crypto markets wiped out approximately $250 billion in value over the weekend, with Bitcoin falling below $80,000—down 40% from its 2025 high. Analysts note weakening retail interest, large ETF outflows, and a loss of momentum. Support around $73,000–$75,000 is now critical. According to Raoul Pal, CEO of Global Macro Investor, the decline is not crypto-specific but stems from a broader U.S. dollar liquidity crunch. Factors include Treasury General Account rebuilds, higher funding costs, and a reduced Reverse Repo Facility buffer. Pal stated that gold’s rally absorbed marginal liquidity that might have flowed into risk assets like Bitcoin and SaaS stocks, leaving the most exposed positions vulnerable. The nomination of Kevin Warsh as Fed Chair added uncertainty, with some fearing slower rate cuts. While markets remain fragile, some expect liquidity conditions to improve, potentially allowing a recovery if dollar flow normalizes.

bitcoinist02/02 15:51

The Bustle Belongs to the 'Epsteins', Saylor Just Wants to Hoard Coins

The article discusses Michael Saylor, founder of MicroStrategy (now Strategy), in the context of the recently released Epstein documents. Saylor was mentioned in a 2010 email from Epstein's PR agent, Peggy Siegal, who described him as a socially awkward "zombie-like" figure who was difficult to engage with at a high-society dinner party. This perceived social ineptitude, a liability in elite circles, is presented as a key strength in his role as a Bitcoin maximalist. Saylor’s company is the largest corporate holder of Bitcoin, with 712,647 BTC purchased at an average cost of $76,037. Despite recent market volatility pushing Bitcoin below his average buy price and causing a 60% drop in his company's stock, Saylor remains unwavering. His strategy is simple and relentless: buy Bitcoin consistently and never sell, a philosophy he summarizes as "More Orange." The piece argues that the very traits that made him an outsider in social settings—being "boring," unemotional, and immune to external noise—are the same traits that make him uniquely suited to his long-term, single-minded accumulation strategy. While cautioning that his corporate financial tools are not available to the average investor, the article concludes that in a noisy market, a "boring" and disciplined approach is often the most profitable, contrasting Saylor's current success with the downfall of many involved in the Epstein scandal.

比推02/02 14:18

Market Plunges into Extreme Panic, Five Major Data Indicators Reveal BTC Buying Signals

The cryptocurrency market is experiencing extreme fear, with Bitcoin (BTC) dropping to $75,700 and Ethereum (ETH) to $2,220, causing $435 million in liquidations. A survey of 1,189 investors revealed that 45.6% believe BTC’s 2026 bottom will be between $75,000–$85,000, while 30.2% see it at $60,000–$75,000. Nearly half of respondents (47.2%) plan to DCA and hold long-term. Key on-chain metrics from Glassnode indicate potential support levels: the short-term holder cost basis is $95,400, the active investor average is $87,300, the realized price is $80,500, and the network-wide average cost basis is $55,900. The ahr999 indicator, which recently fell below 0.45 for the first time since October 2023, suggests a buying opportunity below $76,000. Analyst Willy Woo’s CVDD model points to a hard bottom near $45,000, while the cost basis of large holder “Strategy” ($76,040) is seen as a critical support level. Overall, data suggests a potential bottom formation between $45,000–$76,000.

比推02/02 13:48

With Bitcoin Below $80K, ARK Reframes The Narrative Around Gold

Bitcoin's recent decline below $80,000 has prompted ARK Invest, led by Cathie Wood, to reframe the narrative around Bitcoin and gold. Despite the pullback, ARK maintains a long-term bullish outlook on Bitcoin, emphasizing its role as an adoption-driven asset with significant growth potential by 2030. The firm highlights the historically low correlation (0.14 since 2020) between Bitcoin and gold, noting that while gold has sometimes led Bitcoin rallies, the two assets serve different purposes and operate on different timelines. ARK's research points to extreme valuations in gold relative to money supply, suggesting potential exhaustion in the metal's rally. Bitcoin, currently trading around $78,150, remains volatile but is viewed as a strategic long-term holding rather than a short-term trade.

bitcoinist02/02 13:31

Blood-Red Candles Take Over Bitcoin (BTC): Can It Defend $75K Amid Bearish Heat?

Bitcoin (BTC) is experiencing significant bearish pressure, with its price falling below $80K and trading around $77,675. The market sentiment is marked by extreme fear, as indicated by a Fear and Greed Index value of 14. Key technical indicators, including the MACD and signal lines below zero, suggest continued downward momentum. The RSI reading of 28.03 points to oversold conditions, potentially signaling a short-term rebound, but bearish dominance remains strong with a Bull Bear Power of -3,165.36. Support levels are near $77,429, while resistance sits at $77,840. A break above could push BTC toward $78K, but current conditions favor the bears.

TheNewsCrypto02/02 13:04

Bitcoin drops 16% in 5 days: Massive market stress ahead?

Bitcoin (BTC) experienced a sharp 16.8% decline in under five days after reaching a local high of $90.6k, reflecting intense selling pressure. Open Interest and speculative interest have been in decline since September 2025, indicating growing market uncertainty. The Estimated Leverage Ratio (ELR) rose significantly, suggesting increased leverage usage as BTC tested key support levels. Analysts described the situation as an "extreme deleveraging" event, with Open Interest falling rapidly. While a technical price bounce remains possible due to positive funding rates, a sustained recovery requires Open Interest to stabilize. The market is experiencing forced leverage compression and significant liquidations, pointing to high stress among leveraged traders.

ambcrypto02/02 13:02

The Quantum Computing Threat to Bitcoin

Bitcoin faces an existential threat from quantum computing, which could break the elliptic curve digital signature algorithm (ECDSA) securing the network. Approximately 25% of all bitcoin—including the 1.1 million BTC in Satoshi’s wallet—are stored in vulnerable early "pay-to-public-key" addresses, where public keys are exposed on the ledger. Later address types only reveal public keys during transactions, creating a brief attack window. The timeline for quantum computing is uncertain, but if it emerges before Bitcoin transitions to post-quantum cryptography (PQC), attackers could steal and liquidate billions in bitcoin, causing a market collapse. A coordinated migration to quantum-resistant algorithms is urgently needed, though implementing PQC could take 6 months to 2 years. A controversial proposal suggests "burning" un-migrated coins to prevent mass theft, but this risks setting a precedent for confiscation and contradicts Bitcoin’s core principles of individual sovereignty. As the largest financial "honeypot" with direct and liquid value, Bitcoin is a prime target. The network must proactively upgrade before quantum computers become capable of breaking current encryption.

marsbit02/02 12:13

Bitcoin’s $2.5B Liquidation Shock Puts Michael Saylor’s Strategy Under The Microscope

bitcoinist02/02 12:08