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.

The Most Important Variable For Bitcoin That Investors Should Know About

Analyst @ArdiNSC argues that time, not just price, is a critical yet overlooked variable for Bitcoin investors. The duration of consolidation within a downtrend reveals the underlying strength of market forces. A prolonged sideways range, like the 55-day structure after a sharp decline, indicates buyers actively absorbing supply, creating sustained contention. In contrast, the current 22-day consolidation has reached a 20% range in less than half the time. A swift breakdown would signal weakening buyer demand and stronger selling pressure at similar price levels. Conversely, holding the range longer or breaking upward would suggest renewed accumulation and potential support. Time inside a range offers clearer insight into market conviction than price movement alone.

bitcoinist02/28 02:02

The Most Important Variable For Bitcoin That Investors Should Know About

bitcoinist02/28 02:02

Is XRP More Sustainable Than Bitcoin? Energy Consumption Difference Sparks Debate

A new report from Bullrunners has reignited the debate between Bitcoin and XRP, focusing on their vastly different energy consumption. The analysis claims that XRP’s entire network consumed only $73,000 worth of electricity in a year, while Bitcoin used over $10 billion during the same period. A single Bitcoin transaction consumes between 1,100 and 1,400 kWh—enough to power an average U.S. household for 38 to 49 days. In contrast, an XRP transaction uses just 0.0079 kWh, comparable to powering a light bulb for a few seconds. The report concludes that XRP uses 99.999% less energy than Bitcoin. This disparity stems from their consensus mechanisms: Bitcoin relies on energy-intensive Proof of Work (PoW) mining, while XRP uses the XRP Ledger Protocol Consensus, where trusted nodes validate transactions without mining. The findings sparked intense community reactions. Bitcoin supporters argue its energy use is essential for security and decentralization, while XRP advocates highlight its superior energy efficiency compared to both Bitcoin and Ethereum, even after Ethereum’s switch to Proof of Stake (PoS).

bitcoinist02/28 01:02

Is XRP More Sustainable Than Bitcoin? Energy Consumption Difference Sparks Debate

bitcoinist02/28 01:02

Undervalued but structurally weak: Bitcoin’s current cycle paradox

Bitcoin has experienced significant volatility, recently falling to $66k after briefly touching $70k. Analysts attribute the ongoing pressure not to recent events but to a cyclical reset beginning in October. Key on-chain metrics present a paradox: the MVRV Z-score indicates Bitcoin is deeply undervalued, reaching historic lows, while the NUPL metric remains in the "hope" zone, suggesting a true market bottom, marked by a drop below zero, has not yet occurred. Furthermore, long-term holders, though still in profit on average, face pressure. This combination of statistical undervaluation and weak market structure suggests a risk of further decline toward $60k, with the potential for a full capitulation event still months away.

ambcrypto02/28 01:01

Undervalued but structurally weak: Bitcoin’s current cycle paradox

ambcrypto02/28 01:01

New Bitcoin Post-Quantum Work Undercuts ‘No One Is Building’ Claims

Bitcoin core developer Matt Corallo refutes claims that no serious work is being done on post-quantum cryptography for Bitcoin, pointing to Blockstream's new proposal, OP_SHRINCSVERIFY. This opcode enables SHRINCS, a hybrid hash-based signature scheme combining stateless and stateful elements, aiming for efficient 324-byte signatures with static backups. The topic is gaining traction, with multiple sessions on quantum risks and solutions scheduled at the OPNEXT 2026 conference, featuring speakers from institutions like BlackRock and Coinbase. While SHRINCS offers significant size advantages over NIST alternatives, it remains an open research proposal with unresolved questions. The development underscores that Bitcoin's post-quantum efforts are advancing with concrete proposals, moving beyond theoretical discussion.

bitcoinist02/27 22:02

New Bitcoin Post-Quantum Work Undercuts ‘No One Is Building’ Claims

bitcoinist02/27 22:02

Bitcoin Mega-Holders Surge Toward 20K, Indicating Market Strength

Bitcoin is approaching a significant threshold, with nearly 20,000 unique addresses now holding at least 100 BTC—each valued at approximately $6.71 million. According to Santiment, this milestone suggests a broader distribution of ownership among large holders, which may reduce the market's vulnerability to price manipulation by a few dominant players. While this trend indicates growing confidence and accumulation during the current downturn, it coincides with selling from long-term holders, creating a balance that has kept prices suppressed around $68,150—down 45% from its all-time high. Analysts note that while aggressive selling by early investors may be easing, the ongoing tug-of-war between new accumulation and legacy distribution continues to weigh on the market.

bitcoinist02/27 19:02

Bitcoin Mega-Holders Surge Toward 20K, Indicating Market Strength

bitcoinist02/27 19:02

Bitcoin Retreats After 5% Surge, Trades Near $66K Amid Liquidity Concerns

Bitcoin (BTC) retreated to around $66.3K, down 1.04% in the past 24 hours, after a brief 5% surge that pushed prices near $68,843. The rally was driven by strong inflows into Bitcoin spot ETFs, including a $506.51 million inflow on February 25—the largest single-day net flow in weeks. However, the upward momentum proved temporary due to uneven institutional demand and ongoing market uncertainty. Analyst Willy Woo suggested that selling pressure may be nearing exhaustion, potentially leading to a period of sideways consolidation or a test of higher levels near the mid-$70,000s, though a sustained rebound remains uncertain without stronger underlying demand. Market caution persists amid constrained liquidity in both spot and futures markets.

TheNewsCrypto02/27 17:25

Bitcoin Retreats After 5% Surge, Trades Near $66K Amid Liquidity Concerns

TheNewsCrypto02/27 17:25

Is Bitcoin Done Or Is This Just The Beginning? Pundit Shares Points To Consider

Bitcoin's sharp price decline from $126,000 to $60,000 has sparked market panic, with sentiment remaining negative. Crypto analyst BarneyXBT presents arguments for both a continued bear market and a potential bull market. Bearish factors include large investors and Satoshi-era whales selling Bitcoin, an unstable macro environment with unresolved tariff wars and high interest rates, and a lack of retail participation and new market narratives. Bullish factors suggest the current sentiment low resembles the FTX crash bottom, institutions like BlackRock are heavily invested in ETFs and unlikely to abandon their positions, and the historical Bitcoin halving cycle could lead to a price recovery by the next event in 2028.

bitcoinist02/27 16:02

Is Bitcoin Done Or Is This Just The Beginning? Pundit Shares Points To Consider

bitcoinist02/27 16:02

Why Bitcoin’s price is falling even as ETF inflows turn positive

Despite positive inflows of approximately $1 billion into U.S. spot Bitcoin ETFs over three days, Bitcoin’s price continued to decline toward the low-$60,000s. This divergence highlights a structural disconnect between institutional ETF activity and short-term price movements. Data shows significant net purchases by major issuers like BlackRock, which accumulated around 3,800 BTC worth $235 million during this period. However, broader market dynamics—including spot selling, futures unwinding, options strategies, and reduced risk appetite—have suppressed upward momentum. ETF inflows now represent longer-term institutional accumulation rather than immediate speculative demand, acting as a stabilizing force rather than a price catalyst. This shift suggests that Bitcoin’s price discovery remains influenced more by derivatives and macro sentiment than ETF flows alone.

ambcrypto02/27 16:00

Why Bitcoin’s price is falling even as ETF inflows turn positive

ambcrypto02/27 16:00

Bitcoin Closer to Bottoming Phase Than Early Bear Stage, Report Says

A new Glassnode report suggests Bitcoin may be closer to a bottoming phase than the early stage of a bear market. The analysis focuses on the "Total Supply in Loss" metric, which measures the amount of Bitcoin held at an unrealized loss. This indicator has surged to 9.2 million BTC, its highest level since the last bear market, meaning nearly half of all circulating supply is in loss. This pattern aligns with historical bear markets where such high loss concentrations often signaled exhaustion of selling pressure and preceded market bottoms. While the current level hasn't surpassed previous cyclical bottoms, the market structure resembles the latter stages of past bear markets rather than their beginning. Despite ongoing volatility, this indicates a potential bottoming range. Bitcoin's price recently touched $69,000 but has since back to around $67,300.

bitcoinist02/27 14:31

Bitcoin Closer to Bottoming Phase Than Early Bear Stage, Report Says

bitcoinist02/27 14:31

The Most Short-Sell Targeted Company on Wall Street: How to Play 'Digital Credit' with Bitcoin?

Financial Times' Alphaville column reported that MicroStrategy holds the highest short interest (14% of market cap) among S&P 500 companies, ranking as Wall Street's most shorted stock. Despite crypto's mainstream adoption, critics like former Merrill Lynch executive Craig Coben argue that MicroStrategy’s business model—aggressively buying Bitcoin using raised capital and issuing high-yield perpetual preferred shares ("digital credit")—lacks sustainable cash flow and depends entirely on continuous financing and Bitcoin's perpetual appreciation. CEO Michael Saylor positions Bitcoin as "digital capital," the foundation for a broader monetary system including digital credit and currency. The company claims it can sustain this model unless Bitcoin falls below $8,000 for 4-5 years—a scenario that would cripple the entire crypto industry. While short-term liquidity isn’t imminently at risk, skeptics view MicroStrategy as an ideal hedge against Bitcoin downside. Saylor’s ambition to build a new monetary system using the very dollar he aims to disrupt illustrates the paradoxical nature of the strategy, which remains deeply tied to Bitcoin’s volatile price movements.

比推02/27 13:22