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.

Spot Bitcoin ETFs see $358M outflow: Are investors abandoning BTC?

Spot Bitcoin ETFs experienced significant outflows of $358 million, sparking concerns about institutional demand. Bitcoin's price has declined 31% from its all-time high, raising questions about the sustainability of the bullish trend. However, analysis suggests institutional investors are not abandoning Bitcoin. Key metrics showing inconsistent correlation with gold and steady implied volatility indicate that Bitcoin’s price behavior remains intact. Despite short-term pressure, expectations for Bitcoin to reach $100,000 persist, and recent outflows may be overstated given unchanged market fundamentals.

cointelegraph12/16 22:28

Spot Bitcoin ETFs see $358M outflow: Are investors abandoning BTC?

cointelegraph12/16 22:28

Bitcoin Mining Hit Hard: 10% Hashrate Loss Linked To China Shutdowns

Bitcoin's hashrate dropped approximately 10% in a single day, falling from 1,053 TH/s to 943 TH/s, according to former Canaan executive Jianping Kong. He attributed the loss of around 100–110 TH/s to mining farm shutdowns in China’s Xinjiang region, estimating that at least 400,000 ASIC machines were taken offline. China, once the dominant source of hashrate, now contributes an estimated 14–20% of the network’s computing power. The sudden decline may temporarily slow block production until the next difficulty adjustment. Meanwhile, U.S. mining operations are expanding, with companies like Hut 8 and American Bitcoin increasing capacity, signaling a geographic shift in large-scale Bitcoin mining.

bitcoinist12/16 15:52

Bitcoin Mining Hit Hard: 10% Hashrate Loss Linked To China Shutdowns

bitcoinist12/16 15:52

Bitcoin liquidity ‘battle’ rages as bull case sees clear run to $95K

Bitcoin (BTC) is experiencing a liquidity battle around $87,000 as markets react to mixed US employment data. While unemployment rose to 4.6%, job additions exceeded expectations, creating conflicting signals. Bulls are protecting support at the 100-week SMA near $84,646, while sellers suppress breakouts above $87,000. Analysts suggest a drop toward $84,000 or even April lows could occur before a potential rally. If resistance breaks, some see a clear path to $95,000 due to thin ask liquidity above $88,000. Traders await key CPI data for further direction.

cointelegraph12/16 15:41

Bitcoin liquidity ‘battle’ rages as bull case sees clear run to $95K

cointelegraph12/16 15:41

Cathie Wood Makes $17M Bet on Tom Lee’s Ethereum Treasury, Ranks Bitcoin ‘Leader’ Amid $1.5M Prediction

Cathie Wood's ARK Invest made a $17 million investment in Bitmine Immersion Technologies, an Ethereum-focused treasury firm linked to Tom Lee, despite a broader crypto market downturn. Wood reaffirmed Bitcoin as her top-ranked cryptocurrency, followed by Ethereum and Solana, describing Bitcoin as the market leader and a foundational new asset class. She maintained Ark's long-term $1.5 million Bitcoin price target, though the firm adjusted its valuation model to account for the growing dominance of stablecoins in emerging markets. Meanwhile, Ethereum's price faced near-term bearish pressure, trading around $2,920 with analysis suggesting a further potential drop to $2,065 before a possible reversal.

ccn.com12/16 15:20

Cathie Wood Makes $17M Bet on Tom Lee’s Ethereum Treasury, Ranks Bitcoin ‘Leader’ Amid $1.5M Prediction

ccn.com12/16 15:20

Will Bitcoin Return to $10,000? The Harsh Hypothesis from a Bloomberg Strategist Amid a Deflationary Cycle

Bitcoin faces mounting pressure, breaking below $90,000 and testing lows around $86,000, with most major cryptocurrencies also declining. Bloomberg Intelligence senior commodity strategist Mike McGlone presents a bearish outlook, suggesting Bitcoin could fall to $10,000 by 2026. He attributes this potential decline to a macro shift from inflation to deflation, where risk assets like Bitcoin may undergo significant repricing. McGlone emphasizes that Bitcoin is highly correlated with risk appetite and speculative cycles. He points to three key factors: mean reversion after extreme wealth creation, the Bitcoin/Gold ratio (which has already declined from over 30x to around 21x), and systemic oversupply of speculative crypto assets competing for limited risk capital. Not all analysts agree. Standard Chartered has revised its Bitcoin forecast downward but still expects prices around $100,000 in 2025. Glassnode notes current market stress resembles early 2022 conditions, while 10x Research warns that Bitcoin may be in the early stages of a bear market. The broader macro environment remains critical. Upcoming central bank decisions and economic data from the U.S., Europe, and Japan may determine whether deflationary pressures intensify, influencing risk assets globally. The Fed's recent rate cut and internal dissent highlight deepening policy uncertainty, making macro trends a decisive factor for Bitcoin's trajectory.

marsbit12/16 14:04

Will Bitcoin Return to $10,000? The Harsh Hypothesis from a Bloomberg Strategist Amid a Deflationary Cycle

marsbit12/16 14:04

Bitcoin (BTC) Slips Toward Old Ground: Can Bulls Defend Crucial Support Zones?

Bitcoin (BTC) continues to face bearish trend, dropping around 2.76% and trading near $87,220 after failing to sustain recovery attempts. Key technical indicators like MACD and RSI signal ongoing downward pressure, with the market seeing significant liquidations. Critical support lies near $87,104; a break below could lead to further declines toward $86,911, while a rebound might push BTC toward resistance at $87,352 or higher. Market sentiment remains cautious amid moderate capital outflows.

TheNewsCrypto12/16 13:41

Bitcoin (BTC) Slips Toward Old Ground: Can Bulls Defend Crucial Support Zones?

TheNewsCrypto12/16 13:41

Bitcoin Network Activity Drops to Yearly Low. What Has Changed

Bitcoin network activity has dropped to its lowest level of the year, with the 7-day moving average of active addresses falling to 660,000. This decline is attributed to reduced activity following the peak in December 2024, which was driven by Ordinals and Runes protocols. These technologies, used for creating and trading on the Bitcoin blockchain, have shifted transaction dynamics, now accounting for most transactions but contributing only 5-10% of total fee revenue. This shift has negatively impacted miner economics. Daily miner revenue has decreased from around $50 million in Q3 to approximately $40 million, with fees making up a smaller portion of earnings (0.65% in December compared to 2.73% a year ago). Average transaction fees have also fallen to $0.48, down from $3.7 a year earlier. With block subsidies continuing to halve (currently 3.125 BTC per block until spring 2028), miner profitability is increasingly dependent on transaction fees. Fred Thiel, CEO of MARA Holdings, warned that without Bitcoin appreciating by at least 50% annually or a significant rise in network fees, traditional mining could become unprofitable in the coming years.

RBK-crypto12/16 13:14

Bitcoin Network Activity Drops to Yearly Low. What Has Changed

RBK-crypto12/16 13:14

Metamask Adds Native Bitcoin Support: Here’s How You Can Directly Buy BTC on Metamask

MetaMask has officially added native Bitcoin support, allowing users to buy, sell, hold, and manage BTC directly within the wallet without relying on wrapped tokens or third-party bridges. This integration, part of MetaMask's expansion into a multichain wallet, enables users to generate a native SegWit Bitcoin address upon updating to the latest version. Users can import existing Bitcoin wallets using a Secret Recovery Phrase, send and receive BTC, and swap between BTC and other supported assets like Ethereum and Solana tokens. The feature also supports fiat purchases via various payment methods. This follows MetaMask's aggressive 2025 multichain strategy, which included adding native support for Solana, Sei, and Monad.

ccn.com12/16 11:51

Metamask Adds Native Bitcoin Support: Here’s How You Can Directly Buy BTC on Metamask

ccn.com12/16 11:51

$50B and counting: Why Strategy’s Bitcoin buying suddenly looks urgent

Michael Saylor's firm, MicroStrategy, has aggressively purchased over $2 billion in Bitcoin within two weeks, bringing its total investment to over $50 billion. Analysts suggest this urgent buying spree, funded by selling MSTR shares, may signal preparations for a major bullish development. Speculation includes the creation of a Bitcoin bank or structured BTC-backed lending programs with institutions like JPMorgan, potentially generating significant yield. Saylor has previously stated that lending Bitcoin to banks represents the "endgame." However, citing stock dilution and market risks, critics warn of potential downsides for shareholders. Despite a recent drop in MSTR's stock price, the strategy underscores a high-conviction bet on Bitcoin's institutional future.

ambcrypto12/16 11:38

$50B and counting: Why Strategy’s Bitcoin buying suddenly looks urgent

ambcrypto12/16 11:38

Bitcoin Long-Term Holder Holdings Hit Eight-Month Low: Bullish Precursor or Bearish Signal?

Bitcoin's long-term holder (LTH) supply has reached an eight-month low, dropping to 14.3 million BTC, or 71.92% of the circulating supply—levels last seen in April. This decline suggests some LTHs are selling amid recent market pressure, with 761,000 BTC sold in the past 30 days. Historically, such reductions have occurred during retail-driven bull runs or near cycle tops when LTHs take profits. Technically, Bitcoin has broken below key supports, including the 50-week moving average and a bear flag pattern, with potential further downside toward the $80,000–$84,000 support area. A break below could see a test of the 200-week moving average near $68,500. While increased selling by whales ($2.78 billion in BTC sold recently) and weak technical indicators suggest short-term bearish momentum, the current LTH supply drop may also present an accumulation opportunity. If history repeats, as it did in April–July when LTH buying helped drive a 65% price surge, this could set the stage for a future rally. Market direction hinges on whether Bitcoin holds the $80k–$84k support zone.

marsbit12/16 10:40

Bitcoin Long-Term Holder Holdings Hit Eight-Month Low: Bullish Precursor or Bearish Signal?