Bitcoin slides under $58,000 as key support breaks
A clean break below the $58K floor resets the near-term tape: leveraged longs get flushed, options skew flips defensive, and the next bid is the low-$50s band nobody wanted to talk about.
Bitcoin-specific news — protocol activity, scaling layers, and BTC-centric applications.
A clean break below the $58K floor resets the near-term tape: leveraged longs get flushed, options skew flips defensive, and the next bid is the low-$50s band nobody wanted to talk about.
Strategy's perpetual preferred is paying 10% above comparable yields, and Schiff's read is that the company will have to lift the dividend or liquidate bitcoin to keep the structure funded.
A 12% drop in monthly crypto YouTube views year-on-year is the cleanest read yet on retail cooling, with analysts tying the slide to a Bitcoin demand vacuum that could pull prices lower.
Back frames the touch of the long-term moving average as a historic bear-market ending signal, layered on top of falling exchange supply and Bitcoin-dominant institutional flows.
A Bitcoin OG's one-line framing of what most people still get wrong about how the network actually works, drawn from a short sit-down interview.
Schiff's math lands: a $3.25B raise at $60K BTC means liquidating over 54,000 coins, and a falling price forces ever more BTC onto the bid to hit the dollar target.
The structure is designed to preserve $MSTR's long-term Bitcoin exposure by sourcing external liquidity, the clearest signal yet that the company's balance-sheet playbook is shifting from straight…
Combined 1,700 BTC of short exposure at 20x and 40x leverage is a small fraction of open interest, but the wallet histories and sizing signal high-conviction directional bets against near-term price.
Headlines called it a liquidation. The mechanism is the opposite: a 26-month runway for digital credit, dividends, and buybacks, with no forced BTC sales and Bitcoin still the primary treasury asset.
The program converts a portion of Strategy's $BTC stack into working capital, putting the issuer that turned a balance sheet into a benchmark back in the supply market for the first time.
Bitcoin held first place, but the appearance of a small-cap alt like LAB in second marks the real shift: retail attention is widening beyond the two majors.
A CryptoQuant analyst flagged the largest spike in exchange-bound BTC transfers since the 2023 bear market, with deposit addresses absorbing supply that, if sold, would crush an already fragile tape.
With BTC sitting under the True Mean, 200-day, 128-day and short-term holder cost basis at once, the historical 5-10% undershoot of onchain valuation metrics points to a cycle low near $45,000.
The 200-week moving average has flipped from support into resistance in every prior bear market, and BTC is now following the same path 2018 and 2022 traced on the way to a cycle bottom.
Long-term holders now control a record 79% of circulating supply, BTC is closing its third straight red quarter, and the first Fannie Mae-backed Bitcoin mortgage just closed, all signals veteran Mike…
The block is the proof-of-concept, but the structural shift is miner-built templates displacing pool-built ones, with payments firm GoBTC Pay as the first named commercial beneficiary.
The 847,363 BTC treasury keeps growing while MSTR trades near multi-year lows and Ripple's CEO slams the funding model; the gap between balance-sheet conviction and equity-market reception is the…
Mow's pitch rests on the April 2024 halving arriving 37 days after the prior all-time high, a break from the four-year cycle that other analysts say is not yet enough evidence to call the low.
Saylor's teaser lands the morning after Strategy's latest 8-K disclosed a fresh multi-hundred-million-dollar BTC purchase, keeping the corporate-treasury bid on the table as the largest holder…
Fairlead's Katie Stockton calls Bitcoin 'way oversold' with downside exhaustion in place, while Adam Back flags the 200EMA touch as a generational entry, and BlackRock's Rick Rieder keeps a moderate…