Bitcoin Bottom Calls Split: Wall Street Sees $40K–$60K Range
The headline number depends on whether the analyst is naming a base case, a valuation floor, or a bear-case stress scenario, which is why the spread stays wide.
Bitcoin (BTC) is the first decentralized cryptocurrency, introduced in 2009 by an individual or group operating under the pseudonym Satoshi Nakamoto. It runs on its own blockchain, the Bitcoin network, secured through a Proof of Work consensus mechanism in which miners use computing power to validate transactions and produce new blocks roughly every ten minutes. The protocol defines a hard cap of 21 million coins, and the block reward given to miners is automatically halved approximately every four years, embedding a predictable, disinflationary issuance schedule into the network. This scarcity, combined with permissionless access and resistance to censorship, has led many to characterize Bitcoin as a form of digital gold or a store of value distinct from traditional fiat currencies. Beyond peer-to-peer transfers, the Bitcoin ecosystem has expanded to include Ordinals, a method of inscribing data onto individual satoshis that enables NFT-like assets directly on the base layer, and BRC-20, an experimental fungible token standard built on those inscriptions. Emerging Bitcoin Finance (BTCFi) initiatives extend these capabilities further, allowing BTC to be used in staking, lending, and cross-chain security applications, positioning Bitcoin as a foundation for a broader decentralized financial ecosystem.
The headline number depends on whether the analyst is naming a base case, a valuation floor, or a bear-case stress scenario, which is why the spread stays wide.
Exchange head Shunyet Jan wants Binance measured against payment giants, not rival CEX books, and argues stablecoin volumes still have a runway as banks move in on settlement rails.
874 $BTC (≈56.6M) moved from unknown wallet to Coinbase Institutional.
844 $BTC (≈54.6M) moved from Coinbase Institutional to unknown wallet.
852 $BTC (≈54.8M) moved from unknown wallet to Coinbase Institutional.
When the KOSPI swung roughly 17% across two days, a textbook retail rotation was the obvious trade; Upbit's volume rose just 4%, suggesting Korean crypto desks were already elsewhere.
The world's largest US-listed crypto exchange just lowered its identity barrier for the world's second-largest crypto market, letting residents onboard with a national ID instead of a passport plus a…
Headline inflation posted its biggest monthly drop since May 2020, re-igniting the disinflation trade and pulling ETH out of a multi-year bear against Bitcoin in the same session.
Lower network difficulty did not soften the hit: CleanSpark and BitFuFu logged month-on-month production declines, while Canaan used the window to push its BTC treasury to a record.
A 24-day window is unusually tight for a bill this consequential: the legislation would split SEC and CFTC jurisdiction over digital assets, ending the years-long jurisdictional tug-of-war that has…
The line matters less for today's market than for the next stress event: when liquidity tightens, the Fed is now on the record saying crypto stands outside the emergency backstop.
A 0.4% monthly fall in consumer prices, the largest since the early pandemic, drained the hawkish-Fed trade that had capped crypto for a week. Energy did the heavy lifting.
1.1K $BTC (≈70.3M) moved from unknown wallet to Coinbase Institutional.
823 $BTC (≈52.7M) moved from Coinbase Institutional to unknown wallet.
1.1K $BTC (≈70.9M) moved from Coinbase Institutional to unknown new wallet.
The $16.8B contracted backlog reframes Hut 8 from a bitcoin miner into an AI infrastructure landlord, even if Q2 earnings stay noisy on mark-to-market BTC accounting.
The wallet last moved BTC at roughly $12 a coin; seven years of patient holding, now a transfer to a venue synonymous with sale-ready positioning.
A sub-4% CPI print is the cleanest macro setup crypto has had in months: a cooling inflation path hands the Fed room to cut, and rate-cut odds repriced within minutes of the release.
MicroStrategy's CEO lost $6B in a single day during the 2000 crash. Twenty-five years later, critics say his leveraged Bitcoin treasury is a rerun of the same bet with bigger stakes.
Headline inflation ran a full 30bp cooler than consensus and core ran 20bp cool, reviving the rate-cut tape and knocking the dollar lower just as markets were bracing for a hawkish Fed.
Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto.
Bitcoin (BTC) launched on 2009-01-03.
Bitcoin (BTC) is categorised as: Smart Contract Platform, Layer 1 (L1), FTX Holdings.
The official Bitcoin site is http://www.bitcoin.org.
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