Bitcoin has spent the past week trading below $120,000, showing signs of fatigue after failing to hold above $118,000. However, a major bullish pattern has quietly taken shape beneath the surface volatility. According to crypto analyst Merlijn The Trader, Bitcoin has now completed a perfect inverted head and shoulders pattern, and a possible macro move…
In the world of digital finance, Bitcoin has proven to be a reliable and crucial store of value in economic and financial whirlwinds. However, some prominent figures in the sector believe that the crypto king goes beyond the status as a store of value or a hedge against market turmoil. Bitcoin Goes Beyond Hedging Jack…
Bitcoin is currently trading at critical levels after a sharp decline to the $112,000 zone, sparking panic among investors who fear this could mark the beginning of a broader bear market. After weeks of tight consolidation, the sudden drop has triggered concerns of a deeper correction, especially as short-term holders (STH) are forced to either…
Bitcoin may be stuck in limbo until October, according to crypto analyst Josh Olszewicz, who delivered a sobering assessment of the current market setup during his August 3 video analysis. The veteran trader described Bitcoin’s technicals and seasonal context as fundamentally uninviting, cautioning that “there’s nothing to do” until a more compelling risk-reward profile emerges—likely…
A Satoshi Nakamoto statue was stolen from Parco Ciani in Lugano, Switzerland, with vandals forcibly removing the bronze sculpture from its welded base and dumping it into nearby Lake Lugano. Satoshigallery, the art collective behind the installation, offered a 0.1 Bitcoin reward worth approximately $12,000 for information leading to the statue’s recovery. The theft occurred…
France’s far-right Rassemblement National party has proposed using surplus nuclear energy to mine Bitcoin, which marks a dramatic reversal from Marine Le Pen’s 2016 promise to ban virtual currencies. According to Le Monde, the plan involves installing mining computers at state-owned EDF nuclear facilities to generate Bitcoin from excess reactor capacity, positioning the far-right as…
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…