With the recent downward trend in Bitcoin, breaking below $112,000, 10x Research says a “stealth trigger” is quietly building pressure in the background that could lead to BTC’s most explosive recoveries. “While markets focus on labor data and rate cuts, another force is quietly building pressure in the background,” it wrote on X, Monday. The…
Metaplanet has added another 463 Bitcoin to its growing treasury, pushing the company’s total holdings to 17,595 BTC. The purchase, announced on Aug. 4, is part of the Tokyo-listed firm’s aggressive Bitcoin acquisition strategy launched in late 2024. At current prices, Metaplanet’s total BTC stash is now worth more than ¥261.28b or about $1.78b. But…
Maelstrom Fund CIO Arthur Hayes has warned that Bitcoin may fall back to $100,000 amid a wave of macroeconomic headwinds, revealing that he has already trimmed his crypto holdings in anticipation. Key Takeaways: Arthur Hayes warns Bitcoin could drop to $100K due to weak job data and slowing credit growth. He has already sold over…
Arkham Intelligence, a leading blockchain data analytics firm, has recently uncovered one of the largest Bitcoin heists in history. According to their latest investigation, on-chain data reveals that 127,426 BTC were stolen from LuBian, a Chinese mining pool with operations in China and Iran, back in December 2020. At the time, the stolen assets were…
After weeks of consolidation within a tight range, Bitcoin has broken down below the crucial $115K level, reaching a local low around $112,200. This correction has sparked a divide among analysts and investors, with some viewing it as a healthy retracement that could set the stage for a continuation of the broader uptrend. Others, however,…
Bitcoin has broken below the critical $115K support level, reaching a new local low of approximately $112,700. After spending over two weeks consolidating in a tight range, BTC has now exited this phase with bearish momentum, raising concerns across the market. Traders and analysts are closely watching to see if Bitcoin can find strong demand…
Japan-based investment firm Metaplanet is eyeing a 555 billion yen ($3.7 billion) capital raise as part of its “Bitcoin Strategy,” which aims to accumulate 210,000 Bitcoin (BTC) by the end of 2027, the company announced today. Metaplanet Seeks $3.7 Billion Raise To Buy More BTC According to the announcement, Metaplanet plans to raise $3.7 billion…
Bitcoin (BTC) is facing renewed downward pressure as it struggles to maintain levels above $115,000. At the time of writing, the cryptocurrency is trading around $115,745, down approximately 2.2% in the past 24 hours and nearly 6% below its July all-time high of $123,000. The latest market movement has raised questions about short-term price stability,…
Data shows the cryptocurrency derivatives market has seen more than $700 million in long liquidations as Bitcoin and altcoins have plummeted. Bitcoin Price Just Made A Low Under $115,000 Bitcoin and the wider cryptocurrency market has witnessed a wave of bearish momentum during the past day as prices across the coins have declined. BTC went…
Bitcoin (BTC) is navigating a period of heightened uncertainty as its price struggles to regain upward momentum following recent declines. Over the past 24 hours, the world’s largest cryptocurrency recorded a dip to $114,326 before slightly recovering above the $115,000 mark. Despite this rebound, the asset remains under pressure, with recent market movements highlighting potential…