Bitcoin played a trick on us this week, making us believe that a recovery is inbound but the positivity was for not. It’s been a relatively dynamic week within the cryptocurrency industry. The total […]
After weeks of aggressive selling pressure and a sharp liquidation cascade toward the $60K region, Bitcoin is now attempting to stabilize. The recent rebound from the $62K area has pushed the price back toward a […]
Former PayPal colleagues split strategies, as Hoffman goes long on Ethereum while Musk aligns with Bitcoin through corporate treasuries. Reid Hoffman, the prominent venture capitalist and co-founder of the world’s leading professional networking service, […]
Perpetual funding rates have turned negative across major exchanges, signaling that short sellers are paying to maintain bearish positions. Bitcoin perpetual funding rates on major exchanges have flipped negative, signaling that short sellers now […]
Dorsey said AI-driven efficiency demands smaller teams, triggering one of the largest layoffs in Block’s history. Jack Dorsey announced that Block is reducing its workforce by nearly half, cutting more than 4,000 employees and […]
Israel also announced a state of emergency as it expects a quick retaliation by Iran. The enhanced price volatility this week continues, as bitcoin has started to lose value rapidly once again, dropping to […]
KCS, STABLE, and PIPPIN are today’s top losers after the latest attacks. Bitcoin’s price moves took another turn for the worse in the past few hours after Israel attacked Iran, and then US President […]
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The combination of both metrics suggests the current regime is consolidative or mid-cycle bearish, with definitive capitulation likely to occur soon. Current market dynamics point to a reset in motion, with Bitcoin undergoing deleveraging. […]
Some observers noted that even if Iran controlled 5% of global hashrate, the network would continue functioning without disruption. Bitcoin mining in Iran is back in the spotlight after a viral X post on […]
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