# Сопутствующие статьи по теме Bitcoin

How Nakamoto’s 99% crash exposed the dark side of Bitcoin DATs

Bitcoin's sharp decline to around $66,131 and an Extreme Fear market sentiment index of 5/100 reflect deepening investor anxiety. Nakamoto Inc., a firm that built its strategy solely on Bitcoin, exemplifies the crisis—losing over 99% of its market value in 280 days. The company purchased 5,398 BTC at an average of $118,000, resulting in approximately $270 million in unrealized losses. Analysts like Coin Bureau’s Nic Puckrin warn of contagion risks as Digital Asset Treasuries (DATs) face mounting stress, with Bitcoin-heavy firms experiencing three consecutive weeks of selling. Declining network activity, reduced open interest in derivatives, and adverse macro events like sudden tariff announcements further dampen prospects. The market now seeks a clear price bottom rather than expecting a quick recovery.

ambcrypto02/24 07:03

Capital Outflow and User Loss Resonate, BTC's Three-Month Critical Window Opens

Bitcoin's network activity has shown a six-month decline in active addresses, dropping approximately 31% to around 535,942, despite stable transaction volumes. This divergence suggests reduced participation breadth, with fewer entities handling similar on-chain activity, potentially due to institutional consolidation and ETF-driven trading. Low transaction fees, averaging $0.24, reflect weak block space demand, while U.S. Bitcoin ETFs have seen significant outflows, totaling $4.5 billion year-to-date. Three scenarios are projected: continued stagnation in a risk-averse macro environment, recovery driven by improved risk appetite and ETF inflows, or structural shift where Bitcoin evolves into a macro asset with reduced on-chain utility, overshadowed by stablecoins for daily transactions. The next 3-6 months will be critical in determining Bitcoin’s trajectory amid these pressures.

比推02/24 06:36

From Miner to Infrastructure Provider: The Survival Logic Behind Bitdeer's Complete BTC Sell-Off

marsbit02/24 06:32

Mapping The Bitcoin Bottom: Here’s How Low Price Could Go Before It Recovers

A crypto analyst, Jussy, warns that Bitcoin (BTC) is exhibiting a bearish trend similar to its 2022 cycle and may not have reached its final bottom. The analysis compares the current market structure to 2022, where a double top formation and a subsequent bear flag pattern preceded a major breakdown. Following an identical pattern in 2025, Bitcoin formed a double top above $120,000, broke down sharply, and is now in a consolidation phase resembling the 2022 bear flag. The analyst predicts a further decline of approximately 38% from the $74,320 support level, potentially driving the price down to around $46,199. The final projected bottom is an even deeper low of $28,301 before any meaningful recovery can begin.

bitcoinist02/24 04:10

Bitcoin's 'Narrative Crisis': Bloomberg Is Right, But Only Half Right

Bitcoin is experiencing a "narrative crisis," as noted in a Bloomberg article, which argues that Bitcoin is losing its core value propositions: macroeconomic hedge to gold, payment utility to stablecoins, and speculative appeal to prediction markets. Data supports this—gold ETFs saw significant inflows while Bitcoin ETFs faced outflows, and its correlation with gold turned negative during risk-off events. High-profile supporters like Jack Dorsey are shifting focus to stablecoins. However, the article overlooks a critical shift: Bitcoin’s transformation into a permanent asset in institutional portfolios via ETFs. New holders—pension funds, sovereign wealth funds, and insurers—are driven by long-term asset allocation, not short-term narratives. This changes ownership structure from emotional traders to stable配置ers, creating a new support base despite price volatility. Key factors to watch include ETF flow sustainability, Bitcoin’s ratio to gold (currently at historic lows), macro policies like Kevin Warsh’s nomination, and potential U.S. federal Bitcoin reserves. Bloomberg’s perspective focuses on narrative loss, but the deeper story is Bitcoin’s painful but necessary evolution toward institutional maturity. The current downturn may reflect not death, but metamorphosis.

marsbit02/24 04:05

Bitcoin On-Chain Users Evaporate by 30%, ETFs Bleed $4.5 Billion: Where Is It Headed in the Next 3 Months?

Bitcoin's on-chain activity shows a concerning six-month decline in active addresses, dropping approximately 31% since August 2025 to around 536,000, while transaction counts remain stable. This divergence suggests reduced participation breadth despite sustained network throughput, indicating concentration among fewer entities like institutions and exchanges. Low transaction fees (averaging $0.24) reflect weak block space demand, contrasting with Bitcoin’s role as a macro-sensitive asset traded largely via ETFs and derivatives. U.S. Bitcoin ETFs have seen significant outflows ($45 billion year-to-date), shifting activity off-chain. Three scenarios emerge: continued stagnation in a risk-averse macro climate; recovery if ETF flows reverse and active addresses rebound; or structural evolution where Bitcoin becomes a settlement layer with reduced retail participation, while stablecoins dominate daily crypto transactions.

marsbit02/24 03:42

Crypto today: Markets open under pressure as Trump’s tariffs rattle risk assets

Cryptocurrency markets faced initial selling following former President Trump's imposition of 15% global tariffs, which triggered broad risk-off sentiment across financial assets. While equities and tech indices declined, Bitcoin demonstrated resilience, rebounding above $66,000 as capital rotated defensively into the leading cryptocurrency, boosting its dominance to 58–60%. Ethereum underperformed, dropping 1.72%. In a significant regulatory development, the SEC eased capital requirements for certain USD stablecoins, allowing broker-dealers to treat them as cash equivalents with a 2% haircut. This change improves balance-sheet efficiency and is expected to encourage institutional adoption. Meanwhile, infrastructure progress continued with the rollout of XRPL’s permissioned DEX and Société Générale’s euro stablecoin issuance, though XRP’s price declined amid the broader market retracement. Despite near-term price weakness, structural adoption signals continued to strengthen.

ambcrypto02/24 03:05

Has Wall Street Co-Opted Bitcoin? Bloomberg Expert Sparks Heated Debate

Bloomberg ETF analyst Eric Balchunas sparked a debate on whether Bitcoin's core value as "debasement-resistant and censorship-resistant money" remains valid despite institutional adoption and high volatility. He argued that Bitcoin’s fundamental properties haven’t changed—only the intermediaries have improved. Critics, including Oliver Renick, countered that Bitcoin’s extreme volatility makes it impractical as sound money, effectively causing repeated "debasement events." Balchunas acknowledged volatility as a sign of youth but emphasized long-term dilution resistance. The discussion highlighted a key divide: whether institutional involvement undermines Bitcoin’s original ethos or simply provides safer access.

bitcoinist02/24 03:02

Here’s All You Need To Know About The Bitcoin Price This Week

bitcoinist02/24 02:02

Will Bitcoin’s falling network activity hamper Saylor’s 100th BTC purchase?

Michael Saylor continues to acquire Bitcoin for MicroStrategy despite BTC's price dropping below $65,000. The company is set to announce its 100th BTC purchase, having accumulated 717,131 BTC worth approximately $48.7 billion. However, with an average purchase price of $76,027 per Bitcoin, the firm currently faces an unrealized loss of around $5.8 billion. While Bitcoin ETFs recently saw $88.1 million in inflows, indicating institutional interest, Bitcoin network activity has declined since August 2025, raising concerns about reduced retail participation. The success of Saylor’s strategy hinges on Bitcoin’s future price direction.

ambcrypto02/24 02:02