Bitcoin recovers from Strategy's BTC sale, funding rates hit 9%: Are bulls back?
Bitcoin sold off as news of Strategy selling BTC shook investors’ nerve but the quick rebound suggests bulls remain ambitiously positioned. Source:Cointelegraph
Strategy is losing a lot of money on bitcoin. Here’s why it’s selling anyway.
Strategy sold more than 3,000 bitcoins to raise cash to pay dividends on its preferred stock — something Executive Chair Michael Saylor had previously said it…
Strategy selling hundreds of millions worth of bitcoin raises question about its capital-allocation playbook
First, it was a tiny amount of bitcoin sales; then, the purchase of several thousand BTC; and finally, today, the unloading of thousands of BTC. What's…
Bitcoin price falls up to 4% on Strategy BTC sale as trader sees Summer 2022 repeat
Bitcoin wiped out much of its latest gains thanks to a market reaction to Strategy's 3,600 BTC selloff, but analysis eyed a potential buy announcement in the…
Crypto bounces back from the brink as altcoin optimism returns despite pockets of weakness
BTC holds at $62,800 after last week's brush with $58,000, while LIT surges 50% and the Altcoin Season indicator hits its highest reading in three months.…
$60.4K Becomes 'most important area:' Five things to know in Bitcoin this week
Bitcoin saw its highest levels in nearly two weeks at the weekly close, but bulls needed a push beyond $65,000 for real trend inflection, said the latest BTC…
South Korea weighs action against Polymarket over gambling concerns
South Korea’s media and communications review body will hear from Polymarket before deciding whether to issue a corrective request against the prediction…
XRP rises 3% as $1.14 breakout turns into support test
Heavy volume pushed XRP through resistance, but sellers met the move near $1.16 and left traders watching whether former resistance can now hold as support.…
Ether leads crypto's hold above key levels as bitcoin steadies over $63,000
A stalling rebound in AI and chip stocks and a stronger dollar kept the mood cautious as the second half gets underway. Source:CoinDesk
Bitcoin nears $63.5K into weekly close as trader warns of 'terrible' Monday
Bitcoin reached its highest levels in nearly a fortnight over the weekend, but BTC price action faced an "absolutely terrible" Monday track record.…
Kalshi hits record June trading volume as World Cup fuels prediction markets
DefiLlama data shows Kalshi posted a record month for trading volume as the expanded FIFA World Cup boosted prediction market activity. Source:Cointelegraph
Bollinger Bands creator eyes Bitcoin bear-market end, 'W'-shaped reversal
Bitcoin price strength could "break" the entire downtrend if the reversal pattern completed, John Bollinger suggested in light of the BTC rebound.…